Animal Medicine Global Market Report 202030: Covid 19 Impact And Recovery
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Animal Medicine Characteristics: • The global animal medicine market is expected to decline from $38.9 billion in 2019 to $32.4 billion in 2020 at a compound annual growth rate (CAGR) of -16.8%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. COVID-19 pandemic is affecting industries across the globe including the animal sector. The restrictions on non-essential medical services coupled with slowed production of veterinary pharmaceuticals due to extended factory closures in various countries, shortage of APIs and other chemicals, and rise in prices of key ingredients are the key factors for this decline. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $50.3 billion in 2023. • The report covers the animal medicine market’s segments1) By Type: Veterinary Pharmaceuticals, Feed Additives 2) By Type of Animal: Livestock, Companion Animals 3) By End-Use: Veterinary Hospitals, Pharmacies And Drug Stores, Veterinary Clinics. Subsegments covered: Veterinary Vaccines, Veterinary Antibiotics, Veterinary Parasiticides, Others - Veterinary Pharmaceuticals, Medical Feed Additives, Nutritional Feed Additives.
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Major Key Players: Zoetis Inc, Boehringer Ingelheim GmbH, Bayer AG, Elanco Animal Health (Eli Lilly and Company), Ceva Santé Animale
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Table Of Content 1. Executive Summary 2. Report Structure 3. Animal Medicine Market Characteristics
4. Animal Medicine Market Product Analysis 5. Animal Medicine Market Supply Chain ‌‌
21. Key Mergers And Acquisitions In The Animal Medicine Market 22. Market Background: Veterinary Healthcare Market 23. Recommendations
24. Appendix 25. Copyright And Disclaimer
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