Title: Pet Animal Health Developments Companion, Animal Health Market Size : Ken Research
1Global Animal Health Market Future Projections on
the Basis of Revenue in USD Million, 2016 2020
Ken Research
2How Emerging Zoonotic Diseases Is Impacting
Animal Health Market Globally?
- The demand for animal health care products has
been increasing globally due to the 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. It has been predicted by World Health
Organization (WHO), 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.
3- 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. Fear of zoonosis is
also predicted to drive the market during the
forecast period as the animal owners tend to
vaccinate their animals with respect to provide
healthy meat and other products.
4WHAT WOULD BE THE RESULT OF RISING AWARENESS
AMONG ANIMAL HUSBANDRY FARMERS ON ANIMAL HEALTH
MARKET DURING THE FORECAST PERIOD?
- Animal health market is expected to grow at a
rapid pace with a CAGR of from 2010 to 2015
owing to rising number of companion animals,
increasing awareness among animal husbandry
farmers, and growing efforts of government to
provide healthy meat for consumption. Biologicals
segment is expected to increase with a CAGR of
in between 2016 to 2018 due to elevating demand
for vaccination of animals among animal husbandry
farmers. Latin America market would gain high
revenue by 2018 majorly driven by increased meat
consumption in Brazil and growing animal derived
products export from the country. Asia Pacific on
other hand is expected to increase at a high pace
by 2020 owing to the increased consumption of
meat and countries contribution towards export
into international market. India and Australia
are projected to be the fastest growing
countries, one being the major beef exporter and
other being the largest beef consumer.
5Figure Global Animal Health Market Future
Projections on the Basis of Revenue in USD
Million, 2016 2020
6WHAT IS THE SCENARIO OF ASIA PACIFIC REGION IN
CONTEXT TO ANIMAL HEALTH MARKET?
- The snapshot on Asia Pacific animal health market
included in study discusses about four major
markets in the region including India, China,
Australia, and Japan. India though generated very
low revenue of USD million in 2015 is expected
to grow at a high pace during the forecast
period. Rising consumption of animal proteins
coupled with increasing disposable income are the
major factors responsible for growth of animal
health market in the country. Additionally,
presence of large number of generic players along
with global giants in the country has resulted in
easy availability of products in diverse price
range, making it affordable for people for all
classes. It has been estimated that Virbac India
dominated the India animal health market with the
revenue share of in 2015.
7- China on the other hand is the largest market in
the region with mandate vaccination regulation in
the country. The country generated USD million
of revenue in 2015. Biologicals are estimated to
be contributing highest in this revenue with
market value of USD million followed by feed
additives and anti-infectives with revenue share
of and in 2015 respectively. In terms of
competition, China is estimated as the fragmented
market with more than 1,500 companies operating
in the country.
8Key Factors Considered in the Report
- The market size of Global Animal Health Market
- Market segmentation of Global Animal Health
Market on the basis of Species, Products, and
Geographical Analysis - Snapshot on North America Animal Health Market
- Snapshot on Europe Animal Health Market
- Snapshot on Asia Pacific Animal Health Market
- Porters Five Forces Analysis for Global Animal
Health Market - Trends and Developments in 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
- Macro-Economic Factors Impacting the Global
Animal Health Market
9- Source https//www.kenresearch.com/agriculture-a
nd-animal-care/animal-care/global-animal-health-re
port-2020/54216-104.html - Related Reports
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to 2020 New Product Launches Expected to Boost
Market - Contact UsKen ResearchAnkur Gupta, Head
Marketing CommunicationsAnkur_at_kenresearch.com
91-9015378249 -
10Thank you