Animal Health Market Expected To Grow At A CAGR Of 4.8% During 2021-2026 – Bulk Solids Handling
According to the latest IMARC group report, entitled “Animal Health Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026“, the global animal health market has reached a value of US $ 48.1 billion in 2020. For the future, the IMARC Group expects the market to develop at a 4.8% CAGR in 2021-2026.
Animal health includes the integration of numerous facilities to monitor and provide adequate care to animals to avoid epidemics. Regular animal health monitoring is necessary to maintain animal welfare, as healthy livestock ensures a secure food supply and stable consumer prices. Effective control and prevention is important in reducing the risk of spreading zoonoses to humans and other animals, which increases the demand for animal health management solutions.
We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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The increasing prevalence of zoonotic diseases, along with the expansion of the veterinary pharmaceutical industry, is primarily driving the global animal health market. In addition, the increasing integration of IoT with animal health monitoring solutions, along with the increasing penetration of mobile sensors and wearable devices to monitor animal behavior and health, are also propelling the market growth. In addition, several government agencies are undertaking numerous initiatives and implementing animal vaccination programs to optimize the veterinary care industry which is expected to propel the global animal health market during the forecast period.
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Key market segmentation:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Some of these key players include:
- Zoetis Inc.
- Biogenesis Bago
- Boehringer Ingelheim
- Ceva Animal Health
- Thermo Fisher Scientific
Breakdown by animal type:
- Commercial animals
Breakdown by product type:
- Organic Products
- Medicinal food additives
Breakdown by region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Impact of COVID-19 on the market
- Porter’s Five Forces Analysis
- Historical, current and future market trends
- Market drivers and success factors
- SWOT analysis
- Market structure
- Value chain analysis
- Complete mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.
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