Animal Health Market: Global Industry Trends, Growth, Share, Size, Research Analysis and Forecast Till 2023

1. Global Animal Health Market Research Report, Share, Size, Trends and Forecast By 2024 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Animal Health Market Report By Product Type (Pharmaceuticals, Biologicals, Medicinal Feed Additives and Diagnostics), Animal Type (Commercial and Companion), Region The global animal health market has witnessed stable growth over the past few years. This can be attributed to factors such as the introduction of animal vaccination programs, rising prevalence of zoonotic diseases and increasing pet adoption rate. Market Overview: According to the latest market research report by IMARC Group, titled “Animal Health Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global animal health market reached a value of US$ 44 Billion in 2018. At present, the animal health industry is witnessing rapid growth as livestock farmers and pet owners across the globe have become more aware of the effects of animal disease outbreaks. The medicines used in the animal healthcare sector fall into three main categories, namely biologics, pesticides and pharmaceuticals. These medicines, including anti-infectives and anti-inflammatories, are used for treating or preventing conditions including Lyme disease, diabetes, tick infestation and feline leukemia. Over the past years, animal health has become a vital part of the economic growth of numerous countries.

4. Report Description and Highlights Report Description • Market Trends: • Governments of various nations have started introducing animal vaccination programs in order to fulfill the rising demand for safe and nutritious animal-based products. These programs have provided a boost to the sales of animal healthcare products including vaccines and other veterinary medicines. In addition, rising incidences of zoonotic diseases have prompted the market players to formulate effective medicines and adopt different marketing strategies to spread awareness about their products. The growing prevalence of these diseases has also led to an increase in the number of veterinary hospitals being established across the globe. Moreover, rising pet adoption is another emerging trend which has influenced the growth of the global animal health industry owing to the consequent improvement in access to veterinary services. Looking forward, the market is projected to reach US$ 58 Billion by 2024, expanding at a CAGR of 5% during the forecast period (2019-2024). • Animal Health Market Segmentation: • Market Segmentation by Product Type • Commercial • Companion  • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=1156&flag=B

5. Market Forecast Sample Figure: Global: Animal Health Market Forecast: Sales Value (in Billion US$), 2019-2024

6. Market Segmentation Report Description • Based on animal types, the market has been segmented as commercial and companion animals. Currently, commercial animals represent the largest segment. • Market Segmentation by Product • Pharmaceuticals • Biologicals • Medicinal Feed Additives • Diagnostics • On the basis of product types, the animal health market has been categorized into pharmaceuticals, biologicals, medicinal feed additives and diagnostics. Amongst these, pharmaceuticals are the most popular products used for curing and preventing animal diseases. • Market Segmentation by Region • North America • Europe • Asia Pacific • For more information, click here: https://www.imarcgroup.com/animal-health-market

7. Market Segmentation Report Description • Latin America • Middle East and Africa • Region-wise, North America represents the largest animal health market, holding the majority of the total share. This can be attributed to increasing R&D activities focused on the development of innovative medicines for food-producing as well as companion animals. The other markets include Europe, Asia Pacific, Latin America, and Middle East and Africa. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • Bayer • Elanco • Merck • Merial • Zoetis Inc. • Biogenesis Bago • Boehringer Ingelheim • CevaSanteAnimale • Heska

8. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

9. Market Segmentation Report Description • Neogen • Novartis • Thermo Fisher Scientific • Vetoquinol • Virbac • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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13. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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