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Title: Animal Health Industry Trends, Europe Animal Health Industry report, US Animal Health Market research


1
Animal Health Market is Expected to Grow and
Reach USD 50 Billion in Future Ken Research
2
  • The global animal health market has shown
    consistent growth over the past several years
    which was driven by emerging markets such as
    Eastern Europe, Latin-America and countries
    across Asia Pacific region. The growth of this
    industry has been influenced by the opportunities
    in all categories of animal health care products
    such as pharmaceuticals, vaccines and medical
    feed additives. The increasing global population
    along with an increase in the personal disposable
    income acted as a catalyst for the development of
    this industry. Additionally, factors such as the
    rising awareness for pet health worldwide have
    led to increased expenditure on veterinary care,
    due to the rising household incomes. High
    expenditure by market players in research and
    development activities for innovating new
    vaccines and treatment methods for animal
    diseases to prevent highly prevalent zoonotic
    diseases has further elevated the animal health
    market.

3
  • Parasiticides dominated the market with a high
    revenue share 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.
  • Biologicals include all antisera, viruses,
    toxins, serums or any products from natural or
    scientific origin derived from animals to improve
    immune system. Vaccines form an important part of
    veterinary biological market. Affordable nature
    of these vaccines with less cost of vaccines
    compared to payment of treatment and prolonged
    life expectancies are the major factors which
    have generated revenue for biological segment.

4
  • 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. Anti infectives
    are used for treating the microbe-borne
    infectious disease which is cured either by
    inhibiting spread of an infection or by killing
    the micro-organisms. Anti infectives majorly
    include antimicrobials, antibiotics, antifungals,
    and antivirals.

5
  • Other pharmaceutical products majorly include
    anesthetics, antacids, anti-inflammatory,
    hormones, muscle relaxants and many others.
    Rising awareness among animal owners about the
    availability of diverse types of animal health
    products is the major factor which has driven the
    demand for other pharmaceutical products in the
    market.

6
Topics Covered in the Report
  • Animal Parasiticides Market research
  • Mexico Animal Health Market
  • Growth Trends Feed Additives,
  • Global Biological Market,
  • Global Biological Market report
  • Companion Animal Health Market Size,
  • Parasiticides Market Growth,
  • Brazil Animal Health Market ,
  • Global Animal Health Market,
  • Animal Health Industry Trends,
  • Europe Animal Health Industry report
  • US Animal Health Market research
  • Animal Vaccines Market research report
  • Pet Animal Health Developments market

7
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
  • Contact UsKen ResearchAnkur Gupta, Head
    Marketing CommunicationsAnkur_at_kenresearch.com
    91-9015378249
  •  

8
Thank you
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