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Global Animal Health Market Future Projections on the Basis of Revenue in USD Million, 2016 – 2020 : Ken Research

Posted on 14 November 2016 by KenResearch Agriculture and Animal Care ,

The global animal health industry is one of the most thriving industries in the world. Over the past decade the concept of animal health has gained major importance especially the health of farm animals, owing to the growing awareness of linkages that exist between animal health, human health and safety. The livestock owners have started to display a keen interest in ensuring that proper care is being provided to their cattle. Factors such as inclining demand from consumers for safe and healthy food along with increased government pressure to build newer systems for animal health management has been leading the growth in demand for farm animal health products in this industry.

Rising global population along with per capita consumption of meat has also increased demand for animal health products particularly in developing nations. Furthermore, the significance of economic impact of livestock diseases has also highlighted the importance of animal health products such as vaccines, medicines and others in every country. The animal health industry is heavily regulated and animal health has become a concern globally. This concern stems not only from the public health, food safety and food security aspects but also from the huge economic costs that animal disease outbreaks could lead to.

The animal health market has shown consistent growth over the past several years with market valued at USD ~ billion in 2010 which grew at a CAGR of ~% to reach USD ~ billion in 2015.

Which Product Is Generating Maximum Revenue For Animal Health Market?

Parasiticides dominated the market with the revenue share of ~% in 2015. These products are used for controlling internal and external parasites in livestock and companion animals. The major example of their use includes preventing flea and tick infestations and internal parasites like tapeworm in companion animals. Government regulations which favor the production and use of parasiticides, rising adoption of companion animals and increasing prevalence of parasites infecting animals are the major factors which have fuelled the market of parasiticides globally.

Biologicals including all antisera, viruses, toxins, serums or any products from natural or scientific origin derived from animals to improve immune system captured the second position in the market. Vaccines form an important part of veterinary biological market with segment capturing a revenue share of ~% in 2015. Affordable nature of these vaccines with less cost of vaccines compared to payment of treatment and prolonged life expectancies for both livestock and companion animals are the major factors which have generated revenue for biological segment. The mandate regulation to get dogs and cats vaccinated across the globe act as major driver.

KEY FACTORS CONSIDERED IN THE REPORT

·      The market size of Global Animal Health Market

·      Snapshot on North America Animal Health Market

·      Snapshot on Europe Animal Health Market

·      Snapshot on Asia Pacific Animal Health Market

·      Porter’s Five Forces Analysis for Global Animal Health Market

·      Trends and Developments in Global Animal Health Market

·      Analyst Recommendations

·      Animal Health Industry Trends,

·      Global Animal Health Market,

·      Global  Animal Parasiticides Market

·      Market Share Global Animal Health

·      Animal Vaccines Market

·      Global Biological Market

·       Asia Animal Health Sector

·      Global Europe Animal Health Industry

·      Global Market Trends Animal Health

·      Global Future Animal Health

·      Global Market Strategy Animal Health

·      Global Pet Animal Health Developments

·      Global Companion Animal Health Market Size

·      Livestock Animal Health Future

·      Global Anti Infectives Industry Size

·      Global Beta Lactams Market

·      India Animal Health Market

·      Global Zoetis Market Share Animal Health

·      Global Animal Health Market size

·      Global Animal Health Market share

·      Global Animal Health Market Trends

·      Global Animal Health Market growth

Source : https://www.kenresearch.com/agriculture-and-animal-care/animal-care/global-animal-health-report-2020/54216-104.html 

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Global Animal Health Market is Expected to Reach USD 50 Billion in Future with Parasiticides, Biologicals, Anti Infectives Dominating the Market

Posted on 03 November 2016 by KenResearch

Canada market is analyzed as the saturated market for parasiticides owing to the presence of large number of market players with low price products. Low price of the products results in easy availability of the products and high sales. However, this fact is also restraining the parasiticides market and the segment is expected to register decline during forecast period.

UK is considered one of the hubs for animal feed additives with around 200,000 animal feed businesses operating in the country which involve importing, producing, handling, storing, and distributing animal feed. Presence of more number of players had led to high competition between players resulting in low prices, generating low revenue for the market. The natural products in the country have found high demand in the animal feed additives category with the emergence of few dedicated market players involved in natural feed additives business such as OptiVite and Nutriad.

Denmark owing to the presence of various generic players offering wide range of parasiticides products for cattle and swine, consequently resulting in easy availability of products for high proportion of livestock animals available in the country.

Health products manufactured for cattle use dominated the livestock animal health products with the largest revenue share. Cattle being a primary source of milk and all the dairy products act as the major end user of animal health products for livestock.

Animal feed additives are substances added to animal foods to improve its nutritional value, to add medication in food, as preservative and for improving taste or color of food.

The monospecific nature of these compounds makes them effective for use against various pathogens; is the major factor which has helped the segment to gain second position in the market. Antisera against avian pathogen which causes influenza have gained high demand.

Venky’s diverse portfolio for poultry products is the major factor responsible for growth of Venky’s in the India animal health market. The company offers unique 40 products for poultry which includes nutritional supplements, growth promoters, toxin binders, iron tonic, antimycoplasma, antibiotics, acidifiers, enzymes, anticoccidials, dewormers, & therapeutical products. The company has been observed to be the leading company in poultry health products.

Anti infectives market in Brazil is driven by the rising prevalence of infections among animals which majorly includes influenza and leptospirosis.

Endectocides hold the minimal share by value in 2015 owing to the presence of limited number of products which could be used for preventing both internal and external parasites. Additionally, high cost of these products and unawareness among people especially in emerging economies of Asia Pacific and Africa further restrains the market for endectocides.

Endoparasiticides are used for prevention of internal parasites including roundworm, tapeworms, and flukes. Rising prevalence of internal parasites in animals is the major factor which has helped segment in generating revenue in previous years and reach at a second position in the market.

Among the global players, Zoetis, Merial, MSD Animal Health, Elanco, Bayer, and Boehringer Ingelheim capture positions among top ten players in China animal vaccines market.

For more information on the market research report please refer to the below link:

https://www.kenresearch.com/agriculture-and-animal-care/animal-care/global-animal-health-report-2020/54216-104.html

 
Animal Health Industry Trends, Global Animal Health Market, Animal Parasiticides Market, North America Animal Health Market, Market Share Global Animal Health, Animal Vaccines Market, Global Biological Market, Asia Animal Health Sector

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Inclining Pet Adoption and Rising Awareness among Animal Husbandry Farmers to Boost Global Animal Health Market

Posted on 26 October 2016 by KenResearch Agriculture and Animal Care ,

Rising awareness for pet health worldwide, increasing demand for livestock derived products, and increasing disposable income of people in emerging economies allowing people to spend on animals coupled with the rising prevalence of zoonotic diseases are the major factors which have driven the animal health market globally.

The global animal health industry is one of the most thriving industries in the world. Over the past decade, the concept of animal health has gained major importance especially the health of farm animals, owing to the growing awareness of linkages that exist between animal health, human health, and safety. The livestock owners have started to display a keen interest in ensuring that proper care is being provided to their cattle. Factors such as inclining demand from consumers for safe and healthy food along with increased government pressure to build newer systems for animal health management has been leading the growth in demand for farm animal health products in this industry.

Lifestyle and preferences of consumers has experienced a shift as displayed by increasing rate of pet adoption across many regions including North-America, Europe and Asia. This change in lifestyle has been majorly guided by gradual improvement in economic conditions of countries. Pet owners worldwide have begun to regard their pets as a member of their family than just domestic animals. Additionally, people are now increasingly taking keen interest in the diet, health, and grooming of their beloved pets. In 2015, around 77.8 million dogs lived as pets in and around 65% of the US households owned pets and around USD 60 billion were spent on pets in US alone. Similarly in Australia, there were more than 25 million pets in 2013, with around 7.6 million household home to pet. UK also recorded high population of pet with one in every two household home to pet with around 20 million pets excluding fish in 2015. Moreover, the emerging economies have also come forward with increasing number of pet adoptions. In India, approximately 600,000 pets are adopted every year and pet products market was reported to grow at a CAGR of more than 20%. China also recorded to have registered 100 million pets in 2015. All these statistics clearly explain the increased adoption of pets consequently leading to increase in animal health products.

In 2015, on the basis of species, Livestock segment dominated the animal health market. Rising consumption of meat globally is the major factor which is responsible for high demand for animal health products among livestock animals. Companion animals followed livestock animal market owing to increasing trend of keeping pets especially in emerging economies coupled with the rising awareness among pet owners about the well being of animals. Dogs and cats segment dominated the companion animal health market attributed to the fondness of people towards these animals and their friendly nature.

The report titled “Global Animal Health Market Forecast to 2020 – Inclining Pet Adoption and Awareness among Animal Husbandry Farmers to Boost Animal Health Market” provides a comprehensive analysis of the animal health market. The report includes the market share contributed by the sales of livestock, companion animals and other animal health products globally for maintaining wellbeing of animals. Further, the market in the study is also differentiated by products which include parasiticides, biologicals, feed additives, and anti-infectives. The market is also segmented by five geographical regions across the globe – North America, Europe, Asia Pacific, Latin America, and Rest of the World. The stakeholders of this report includes the animal health market players, wholesalers, group purchasing organizations, companies involved in research and development activities, and the new entrant who wish to invest in animal health market in future.

Key Products Mentioned in the Report

Parasiticides, Ectoparasiticides, Endoparasiticides, Endectocides, Biologicals, Vaccines, Antisera, Feed Additives, Anti Infectives, Marbofloxacin, Beta Lactams

Key Market Players Covered in the Report:

Zoetis, MSD Animal Health, Merial, Elanco, Virbac, Vetoquinol, Bayer AG, Boehringer Ingelheim, Ceva Sante Animale

Source :  https://www.kenresearch.com/agriculture-and-animal-care/animal-care/global-animal-health-report-2020/54216-104.html 

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Emerging Zoonotic Diseases Worldwide is Expected to Generate Revenue for Animal Health Market Players in Future: Ken Research

Posted on 26 October 2016 by KenResearch

·         Future growth of global animal healthmarket is expected to be led by inclining prevalence of zoonotic diseases leading to increased demand for animal health products

·         Zoetis, MSD Animal Health, Elanco, and Merial are major players operating in animal health products. Diverse portfolios coupled with wide geographical reach are major factors responsible for domination of these companies.

·         North America region was the major revenue contributor in animal health market in 2015 owing to the economic stability among animal owners to opt for expensive healthcare products for animals and awareness among people about available treatment options.

Rising level of awareness among the consumers related to zoonotic and other communicable diseases caused by animals such as Q fever, Tularemia, Rabies and others has resulted in increased demand for animal health products. It has been predicted by World Health Organization (WHO) that around 55,000 people present in Asia and Africa, as of August, 2016 are suffering from rabies and the expense of their treatment in cumulative would amount at USD 590 million annually on these two continents. It has also been observed that 13 major zoonotic diseases which majorly include tuberculosis and bird flu are responsible for 2.2 million deaths globally every year. Presently, the global population is highly dependent on animal protein such as milk, meat, eggs and others for their daily needs, which is expected to lead to an increase in the percentage of zoonotic diseases during the future. Owing to these facts, the government of various economies has provided guidelines to use the animal health products for preventing zoonotic diseases, which is helping animal health products in generating higher revenue. Guidelines provided by Public Health England, Washington State Department of Health, National Zoonosis Committee of Ireland, Centers for Disease Control and Prevention, and WHO are major among many which have resulted in increased use of animal health products.

“In order to penetrate into the growing animal health market, the market players could plan acquisitions, mergers, and joint ventures. Strategic acquisition of Novartis Animal Health by Elanco has helped company in gaining leading position in the market, setting an example for other players.” according to Research Analyst, Ken Research.

Ken Research announced its latest publication on Global Animal Health Market Forecast to 2020 – Inclining Pet Adoption and Awareness among Animal Husbandry Farmers to Boost Animal Health Marketprovides a comprehensive analysis of the animal health market. The report includes the market share contributed by the sales of livestock, companion animals and other animal health products globally for maintaining wellbeing of animals. Further, the market in the study is also differentiated by products which include parasiticides, biologicals, feed additives, and anti-infectives. The market is also segmented by five geographical regions across the globe – North America, Europe, Asia Pacific, Latin America, and Rest of the World. Detailed snapshot on key regions of the market which includes North America (US and Canada), Europe (UK, France, Spain, Germany, Denmark, Rest of Developed Countries, and Emerging Economies), Asia Pacific (India, China, Japan, and Australia), and Latin America (Brazil and Mexico) is included in the report to elucidate facts about the market in detail. The study also highlights the detailed information about major drug manufacturers in the global animal health market and their respective shares by revenue in 2015. Various marketing analysis factors such as trends and developments and Porter’s five forces analysis are also added in the study for clear understanding about the factors responsible for present scenario of the market. The future analysis of overall global animal health market has also been discussed along with recommendations from analyst view.

Key Topics Covered in the Report:

·         The market size of Animal Health Market by Revenues

·         Market segmentation of Global Animal Health  Market on the basis By Products – Parasiticides, Biologicals, Anti-infectives, Feed Additives, and Other Pharmaceutical Products; By Species – Companion Animals, Livestock, and Others; By Geographical Regions – North America, Europe, Asia Pacific, Latin America, and Rest of the World

·         The market size of North America Animal Health Market by Revenues

·         Snapshot on US and Canada Animal Health Market

·         The market size of Europe Animal Health Market by Revenues

·         Snapshot on UK, Germany, France, Spain, Denmark, Other Developed Countries, Emerging Countries Animal Health Market in Europe

·         The market size of Asia Pacific Animal Health Market By Revenues

·         Snapshot on India, China, Japan, Australia Animal Health Market

·         The market size of Latin America Animal Health Market By Revenues

·         Snapshot on Brazil and Mexico Animal Health Market

·         Trends and Development in Global Animal Health Market

·         Porter’s Five Forces Analysis of Global Animal Health Market

·         Competitive Landscape and Detailed Company Profiles of the Major Market Players

·         Future outlook and projections of Global Animal Health Market

·         Analyst Recommendations

Key Products Mentioned in the Report

Parasiticides, Ectoparasiticides, Endoparasiticides, Endectocides, Biologicals, Vaccines, Antisera, Feed Additives, Anti Infectives, Marbofloxacin, Beta Lactams

Key Market Players Covered in the Report:

Zoetis, MSD Animal Health, Merial, Elanco, Virbac, Vetoquinol, Bayer AG, Boehringer Ingelheim, Ceva Sante Animale

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

 

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