Animal Health Market Research Report 2022-2027 – The Grundy Register

According to the latest report of the IMARC group, entitled “Animal Health Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global animal health market reached a value of US$34.9 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$43.7 billion by 2027, exhibiting at a 3.6% CAGR during the period 2022-2027. Animal health is about caring for animals properly and preventing them from contracting various diseases. It includes several services and products, such as antibiotics, vaccines, parasiticides, food additives, antimicrobials, anti-inflammatories, growth promoters, etc. Animal health products are used to ensure the welfare of food-producing and companion animals. They also ensure a safe food supply chain by limiting the spread of zoonotic diseases. As a result, pet and livestock owners around the world are spending heavily on these products in an effort to keep their animals healthy and productive.

We regularly monitor the direct effect of COVID-19[female[feminine in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Market trends:

Growing demand for protein-rich foods and growing incidence of foodborne diseases are some of the major factors driving the animal health market. Moreover, numerous technological advancements in the field of veterinary healthcare, such as the development of vaccine banks and effective information management systems, are further driving the growth of the market. With this in mind, government authorities are launching several favorable initiatives and implementing numerous animal vaccination programs to optimize the veterinary sector. This, in turn, also increases the global market. Moreover, the increasing production of food products of animal origin and their easy availability at affordable price ranges act as important growth factors. In addition, the emergence of new variants of zoonotic diseases, along with growing concerns among livestock farmers, are expected to fuel the animal health market over the coming years.

Explore the full report with table of contents and list of figures:

Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report along with the detailed profiles of key players operating in the market.

Some of these key players include:

  • Bayer
  • Elanco
  • Merck
  • Merial
  • Zoetis Inc.
  • Bago biogenesis
  • Boehringer Ingelheim
  • Ceva Animal Health
  • Heska
  • Neogene
  • Novartis
  • Thermo Fisher Scientific
  • Vetoquinol
  • Virbac

Breakdown by type of animal:

  • Commercial animals
  • Pets

Breakdown by product type:

  • Medications
  • Organic Products
  • Medicinal food additives
  • Diagnostic

Breakdown by region:

  • North America (USA, 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)

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • 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 covered by the report, we can provide it to you as part of the customization.

About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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