Animal Healthcare Market Detailed Study of Business Growth with Top Players

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Animal Healthcare Market With Key Companies
Profile Cost Structure Analysis By 2023
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• Since the last few years, there has been a
  tremendous rise in milk and meat consumption
  across the globe. This is mainly due to the
  increasing population, rising per capita income
  of people, and changing lifestyle choices. In
  addition to this, the increasing public awareness
  of health and nutrition and the rising
  popularity of healthy eating habits have caused a
  drastic surge in the consumption of various
  protein-rich foods such as milk, meat, and eggs.
  These factors have led to a tremendous rise in
  animal farming, which has, in turn, pushed up the
  requirement of proper animal healthcare methods.
• The other major factors propelling the demand for
  animal healthcare solutions are the increasing
  requirement of meat in countries such as China,
  the U.S., Brazil, and Japan and the rising
  concerns raised over the transmission of various
  animal diseases to human beings.
• Apart from these factors, the mushrooming
  adoption of pets is also boosting the demand for
  proper animal healthcare techniques. Pet adoption
  is rapidly becoming very popular in many
  countries, mainly because of the ability of the
  companion animals to provide emotional
• comfort and happiness to their human friends.
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• According to an American Pet Products
  Association 2008 survey, dog and cat owners in
  the
• U.S. were observed to be healthier and happier,
  as compared to non-pet owners. Moreover,
  Americans spent over 69.5 billion on their pets
  in 2017. Due to these factors, the global
  animal healthcare market is predicted to exhibit
  substantial growth in the forthcoming years. The
  market is divided, on the basis of product, into
  vaccines, anti-inflammatories, anti- infectives,
  parasiticides, and feed additives. Amongst these,
  the feed additives category had the highest
  share in the market, generating a revenue of more
  than 40 in 2017.
• Geographically, North America emerged as the
  major animal healthcare market in the 2017,
  owing to the rising spending on healthcare of
  animals by farm animal owners, emerging trend of
  pet humanization, and growing requirement for
  animal-based products. Other than this, the
  demand for animal healthcare products is also
  predicted to increase in the Asia-Pacific region
  in the coming years. The increasing requirement
  for animal-source food products and rising
  livestock population in various countries are
  driving the regional market.
• Hence, the demand for animal healthcare products
  is growing due to the increasing demand for
  protein-rich foods and rising trend of pet
  humanization.
• Global Animal Healthcare Market Segmentation
  Market Segmentation by Product
• Feed Additives
• Vaccines
• Parasiticides
• Ectoparasiticides
• Endoparasiticides

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• o Endectocides
• Anti-Infectives
• Anti-Inflammatories
• Others (Oncological and Antiemetic Products
  Drugs for Reproductive Problems and Medicines
  for Pain Sedation)
• Market Segmentation by Animal Type
• Farm Animals
• Ruminants
• Swine
• Fish
• Poultry
• Companion Animals
• Canine
• Feline
• Equine
• Market Segmentation by Distribution Channel
• Veterinary Hospitals
• Veterinary Clinics
• Pharmacies and Drug Stores
• Others (Online and Retail Stores)

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