Global Animal Health Market Research Report and Forecast 2022-2027
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
Global Animal Health Market Outlook 2026: According to the recent report by IMARC Group, titled “ Animal Health Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-202 7 ,” the global animal health market size reached US$ 34.9 Billion in 2021. Animal healthcare refers to the process of curing and protecting animals from a range of diseases by utilizing treatments and vaccines. There are different categories of medicines included in the animal healthcare vertical that aid in the treatment or prevention of feline leukemia, Lyme diseases, and tick infestation. Animal healthcare also includes veterinary services to improve the animal yield and lifespan. Farmers across the globe are becoming aware of the outbreak of animal diseases, which has led them to focus on animal healthcare. It aids in averting these diseases and regular monitoring of the health of their livestock to ensure the supply of food. Apart from this, rapid growth has been witnessed in the adoption of pets across the globe, thereby creating opportunities for the market growth. Request for a free sample: https://www.imarcgroup.com/animal-health-market/requestsample
Report Description and Highlights
Report Description
Global Animal Health Market Trends: The emerging trend of pet humanization is one of the major growth-inducing factors for the market as pet owners treat their pets equally and meet basic requirements like food, shelter, and health. Moreover, the rising awareness regarding animal health through print and electronic media, along with inflating income levels, have led pet and livestock owners to spend on animal healthcare products. Additionally, governments of several countries have contributed to the sales of animal health products by organizing animal vaccination programs. Furthermore, key players in the market are focusing on research and development activities to formulate effective medicines. This, coupled with the integration of advanced technological solutions, such as real-time analysis, is anticipated to create a positive outlook for the market. Looking forward, IMARC Group expects the market to reach US$ 43.7 Billion by 2027, exhibiting at a CAGR of 3.6% during 2022-2027.
Report Description and Highlights Report Description Market Summary: Breakup by Animal Type: • Commercial • Companion Breakup by Product Type: • Pharmaceuticals • Biologicals • Medicinal Feed Additives • Diagnostics Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Report Description and Highlights Report Description Competitive Landscape With Key players: • Bayer • Elanco • Merck • Merial • Zoetis Inc • Biogenesis Bago • Boehringer Ingelheim • Ceva Sante Animale • Heska • Neogen • Novartis • Thermo Fisher Scientific • Vetoquinol • Virbac View Report TOC, Figures and Tables: https://www.imarcgroup.com/animal-health-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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