Animal Healthcare Market 2020 By Regional Trend & Growth Forecast To 2025
Category: #business  By Ronak Bora  Date: 2021-03-23
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Animal Healthcare Market 2020 By Regional Trend & Growth Forecast To 2025

Animal Healthcare Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Global animal healthcare market has emerged as one of the lucrative business verticals in recent years. The industry is estimated to observe heavy growth in the near future owing to increasing awareness among pet owners when it comes to animal health issues. In addition, several regulatory initiatives and mounting pet care support globally is poised to aid the market share through 2025.

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According to a GMI, research report, animal healthcare market is slated to exceed USD 172 billion over the forthcoming timeframe.

Considering the type of animal, companion animals are expected to capture more than 60% revenue share of animal healthcare market by 2025. The past few years have witnessed a notable uptick in pet ownership trends. With growing focus on pet healthcare, the availability of effective companion animal medications and treatment options, pets have started to live longer.

Animal healthcare solutions can be availed via online platforms, pharmacies, or through distributors. In terms of the distribution channel, distributors segment was valued at US$57 billion in 2018. Factors such as availability of a wide portfolio of products and services and an extensive geographical network make distributors a preferred option for supply of animal healthcare products.

Animal healthcare products include veterinary services, pharmaceuticals, and medical devices. Pharmaceuticals accounted for a revenue share worth US$29 billion in 2019 and are expected to witness a notable demand in the upcoming years.

Pharmaceuticals used in animal healthcare include drugs, vaccines, and medicated feed additives. Animal healthcare drugs and vaccines play a critical role in maintaining optimum health and reducing the risk or parasitic zoonoses among animals. Most animal drugs and vaccines are easy to administer and show promising results by enhancing overall animal health. Ongoing research and studies for the development of newer varieties of drugs, vaccines and medicated feed additives will certainly bolster overall animal healthcare industry outlook.

Europe animal healthcare market is projected to witness a healthy CAGR of 4% through 2025, driven by the rising burden of disease outbreaks among livestock animals. The European government has undertaken several strategic initiatives to address animal health issues and create awareness towards the importance of animal healthcare. Growing investments in animal healthcare and the presence of major animal health companies will certainly complement the regional outlook.

The number of pet-owners in Europe has increased considerably in recent years. The region is also a leading producer and consumer of meat and dairy products. As a result, European countries have witnessed an increased number of online veterinary pharmacies that help effectively diagnose animal health. Local animal healthcare service providers are bound to witness promising opportunities in the near future. 

Browse full table of contents (TOC) of this report @  https://www.decresearch.com/toc/detail/animal-healthcare-market

Partial Chapter of the Table of Content 

Chapter 4. Animal Healthcare Market, By Product

4.1. Animal healthcare market share by product, 2018 & 2025

4.2. Pharmaceuticals

4.2.1.  Market size, by region, 2014 – 2025

4.2.2.  Drugs

4.2.2.1.  Market size, by region, 2014 – 2025

4.2.2.2.    Antiparasitic

4.2.2.2.1.    Market size, by region, 2014 – 2025

4.2.2.3.    Anti-inflammatory

4.2.2.3.1.    Market size, by region, 2014 – 2025

4.2.2.4.    Anti-infectives

4.2.2.4.1.    Market size, by region, 2014 – 2025

4.2.2.5.    Others

4.2.2.5.1.    Market size, by region, 2014 – 2025

4.2.3.  Vaccines

4.2.3.1.    Market size, by region, 2014 – 2025

4.2.3.2.    Modified live vaccines (MLV)

4.2.3.2.1.    Market size, by region, 2014 – 2025

4.2.3.3.    Killed inactivated vaccines

4.2.3.3.1.    Market size, by region, 2014 – 2025

4.2.3.4.    Others

4.2.3.4.1.    Market size, by region, 2014 – 2025

4.2.4.  Medicated feed additives

4.2.4.1.    Market size, by region, 2014 – 2025

4.2.4.2.    Antibiotics

4.2.4.2.1.    Market size, by region, 2014 – 2025

4.2.4.3.    Vitamins

4.2.4.3.1.    Market size, by region, 2014 – 2025

4.2.4.4.    Amino acids

4.2.4.4.1.    Market size, by region, 2014 – 2025

4.2.4.5.    Enzymes

4.2.4.5.1.    Market size, by region, 2014 – 2025

4.2.4.6.    Antioxidants

4.2.4.6.1.    Market size, by region, 2014 – 2025

4.2.4.7.    Prebiotics and probiotics

4.2.4.7.1.    Market size, by region, 2014 – 2025

4.2.4.8.    Minerals

4.2.4.8.1.    Market size, by region, 2014 – 2025

4.2.4.9.    Others

4.2.4.9.1.    Market size, by region, 2014 – 2025

4.3. Medical devices

4.3.1.  Market size, by region, 2014 – 2025

4.3.2.  Veterinary diagnostic equipment

4.3.2.1.  Market size, by region, 2014 – 2025

4.3.3.  Anesthesia equipment

4.3.3.1.  Market size, by region, 2014 – 2025

4.3.4.  Patient monitoring equipment

4.3.4.1.  Market size, by region, 2014 – 2025

4.3.5.  Veterinary surgical equipment

4.3.5.1.  Market size, by region, 2014 – 2025

4.3.6.  Veterinary consumables

4.3.6.1.  Market size, by region, 2014 – 2025

4.3.7.  Others

4.3.7.1.  Market size, by region, 2014 – 2025

4.4. Veterinary services

Chapter 5. Animal Healthcare Market, By Animal Type

5.1. Animal healthcare market share by animal type, 2018 & 2025

5.2. Livestock animals

5.2.1.  Market size, by region, 2014 – 2025

5.2.2.  Poultry

5.2.2.1.  Market size, by region, 2014 – 2025

5.2.3.  Swine

5.2.3.1.  Market size, by region, 2014 – 2025

5.2.4.  Cattle

5.2.4.1.  Market size, by region, 2014 – 2025

5.2.5.  Fish

5.2.5.1.  Market size, by region, 2014 – 2025

5.2.6.  Others

5.2.6.1.  Market size, by region, 2014 – 2025

5.3. Companion animals

5.3.1.  Market size, by region, 2014 – 2025

5.3.2.  Dogs

5.3.2.1.    Market size, by region, 2014 – 2025

5.3.3.  Cats

5.3.3.1.    Market size, by region, 2014 – 2025

5.3.4.  Horses

5.3.4.1.    Market size, by region, 2014 – 2025

5.3.5.  Others

5.3.5.1.    Market size, by region, 2014 – 2025

 

About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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