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Global Animal Health Market 2013-2017 & 2018-2023: Increase in Protein Demand, Increase in Pet Ownership Rates, & Rising Incidences of Zoonotic Disease - ResearchAndMarkets.com

January 7, 2019

DUBLIN--(BUSINESS WIRE)--Jan 7, 2019--The “Global Animal Health Market: Analysis By Type, By Products, By Route of Drug Administration, By Distribution Channel, By Region, By Country: Opportunities and Forecast (2013-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global animal health market is projected to display a high growth represented by a CAGR of 5.63% during 2018-2023.

Over the recent years, global animal health market has been witnessing growth, on account of several driving factors including increase in protein demand, increase in pet ownership rates, rising incidences of zoonotic disease and changing lifestyle of the people favouring individualism.

Moreover heightening focus on food safety, increasing focus on animal welfare, growing scope in emerging markets and consolidation of the market is expected to propel the demand for animal health. In this research report, the market is segmented on the basis of type, product, route of drug administration as well as distribution channel.

By type, farm animal is predicted to hold its dominant position in the market, but companion animals are growing at a faster rate. Amongst the regions, North America accounts for the largest regional share in the global animal health market in 2018. However, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita expenditure on pets is likely to drive the regional market.

Scope of the Report

Global Animal Health Market (Actual Period: 2013-2017, Forecast Period: 2018-2023)

Animal Health Market - Size, Growth, Forecast By Type - Farm Animal, Companion Animal By Product - Biologicals, Pharmaceuticals, Feed additives By Route of Drug Administration - Oral, Parenteral, Topical and Transdermal By Distribution Channel - Retail, E-commerce, Veterinary Hospital and Clinic

Other Report Highlights

Market Dynamics - Drivers and Restraints Market Trends Competitive Analysis SWOT Analysis Porter Five Force Analysis Supply Chain Analysis Policy and Regulatory Landscape

Company Analysis

Alivira Animal Health Limited Boehringer Ingelheim Zoetis Elanco Merck Animal Health Chr. Hansen Phibro Animal Health Corporation ECO Animal Health Bayer Animal Health Dechra Pharmaceuticals

For more information about this report visit https://www.researchandmarkets.com/research/5w3k8l/global_animal?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190107005619/en/

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Related Topics:Animal Healthcare/Veterinary

KEYWORD:

INDUSTRY KEYWORD: CONSUMER PETS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/07/2019 08:29 AM/DISC: 01/07/2019 08:29 AM

http://www.businesswire.com/news/home/20190107005619/en

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