ANIMAL MEDICINE GLOBAL MARKET REPORT 2021: COVID-19 IMPACT AND RECOVERY TO 2031
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ANIMAL MEDICINE MARKET CHARACTERISTICS: • The global animal medicine market reached a value of nearly $42.46 billion in 2019, having grown at a compound annual growth rate (CAGR) of 4.8% since 2015, and is expected to grow at a CAGR of 6.53% to nearly $54.69 billion by 2023.Also the market is expected to growth to $62.00 billion in 2025 at a CAGR of 6.48% and to $85.05 billion in 2030 at a CAGR of 6.53%. • The report covers the animal medicine market’s segments1) By Type of Medicine: Veterinary Pharmaceuticals, Feed Additives 2) By Type Of Pharmaceutical: Veterinary Parasiticides, Veterinary Vaccines, Veterinary Antibiotics, Others. 3) By Type Of Additive: Antibiotics, Amino Acids And Antioxidants, Vitamins, Acidifiers, Enzymes, Others 4) By Type of Animal: Cattle (Dairy And Meat Purposes), Poultry, Other Farm Animals, Dogs And Cats, Other Companion Animals 5) By Drug Type: Branded, Generic 6) By Type of Prescription: OTC, Prescription 7) By Route of Administration: Oral, Intravenous, Subcutaneous, Others 8) By Distribution Channel: Vet Services, Online, Others
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MAJOR KEY PLAYERS Major companies in the market include Zoetis, Inc., Boehringer Ingelheim GmbH, Merck & Co., Elanco Animal Health Inc., Bayer AG
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REASONS TO PURCHASE • Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies. • Understand how the market is being affected by the COVID-19 and how it is likely to emerge and grow as the impact of the coronavirus abates.
• Create regional and country strategies on the basis of local data and analysis. • Identify growth segments for investment. • Outperform competitors using market forecast data and the market drivers and trends shaping the global market. • Understand customers based on the latest market research findings. • Benchmark performance against key competitors of the market.
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