Animal Healthcare Market Revenue, Opportunity, Segment and Key Trends 2017-2023

Our latest research report entitled Animal Healthcare Market (by pharmaceuticals type (ectoparaciticides, endoparaciticides), vaccines (poultry, cattle, swine, equine), medicated feed additives (antibiotics, vitamins, amino acids, enzymes, antioxidants, prebiotics), animal type (farm animal, companion animal)) provides complete and deep insights into the market dynamics and growth of Animal Healthcare. Latest information on market risks, industry chain structure Animal Healthcare cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Animal Healthcare growth factors.

The forecast Animal Healthcare Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Animal Healthcare on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global animal healthcare market value is growing with a CAGR between 4.5 % to 5.1 % from 2017 to 2023. The global animal healthcare market size was totaled 35.09 Billion in 2016.

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Animal healthcare has become a substantial focus area for many pharmaceutical players over past decade. This is due to progressive growth registered by global animal healthcare market. Growth in this market can be credible to animal disease outbreaks linked with large scale factory farming that requires superior quality animal feed additives, vaccines and hygiene management product. Rapidly increasing pet adoption, growing need to control zoonotic disease spread and advance drug development for effective animal health are the major growth driving factors in animal healthcare market. In addition, favourable government initiatives and growing disposable income in the emerging economies may results into pet adoption and spend on their health, thereby significantly contributing in overall growth of this market. More importantly, widespread implementation of animal vaccination programs with mandatory vaccination certain countries expected propelling growth in the years to come. Increasing incidences of zoonotic disease, however, in human due to consumption of food animals will hamper industry growth.

Global animal healthcare markets will have numerous growth opportunities during the forecasted period to grow significantly. This can be attributed to growing demand for animal source protein that consequently leads to animal farming and increasing R&D focus to develop new drugs for pet cancer.

Segments Covered:

The report segments the global animal healthcare market by pharmaceuticals type, by vaccines, by medicated feed additives, by animal type and by region. The market size of each segment has been provided in terms of value (USD) and volume (TONS). Market segmentation based on pharmaceuticals includes ectoparaciticides, endoparaciticides, anti-inflammatory, and anti-infective. On the basis of vaccines global market has been divided into poultry, cattle, swine, equine, dogs, cats and horse. Market segmentation based on medicated feed additives includes antibiotics, vitamins, amino acids, enzymes, antioxidants, prebiotics and probiotics, and minerals. And by type of animal market has been segmented into farm animal and companion animal.

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