Future Outlook and Projections of Global Animal Health Market: Ken Research

According to Ken Research 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. Additionally, the fact that sick animals cannot be deemed fit for the consumption of human beings to prevent zoonotic diseases also supports the growth.

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. Additionally, the fact that sick animals cannot be deemed fit for the consumption of human beings to prevent zoonotic diseases also supports the growth, According to Ken Research.
North America dominated the market with revenue share of ~% in 2015. Economic stability among animal owners to opt for expensive healthcare products for animals and awareness among people about available treatment options are the major factors which have driven the animal market in North America.        It has been observed that per capita disposable income in US has inclined from USD 35,791 in 2010 to USD 41,019 in 2015, which clearly explains that people living in the country could afford expensive healthcare options for their pets and livestock animals. Additionally, presence of pharmaceutical giants in the region who launch innovative products in market further elevates the total revenue generated by market. Europe followed North America with revenue share of ~% in 2015. Nominal approval regulations and easy availability of the products in fewer prices in the region owing to the presence of major animal health companies in the region are the major factors which have helped the market players to generate high revenue in the nation. Companies such as Merial, Bayer AG, Ceva Sante Animale, Virbac, and the Vetoquinol Group are based in Europe and have found top positions among top 10 animal health companies globally, According to Ken Research.
Topics  Covered  in the Report
India Animal Health Market
Zoetis Market Share Animal Health
Global Animal Health Market size
Global Animal Health Market share
Global Animal Health Market Trends
Global Animal Health Market future
Global Animal Health Market analysis
India Animal Health Market
China Animal Health Market
Australia Animal Health Market
US Animal Health Market
Canada  Animal Health Market
World Organization for Animal Health (OIE) is a responsible body for monitoring health and wellness of animals at a global level. The organization was first known as Office International des Epizooties; changed its name to World Organization for Animal Health but kept its abbreviation the same. OIE aims to improve animal health and welfare all over the world, irrespective of cultural practices, of the economic situation of member countries.
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Global Animal Health Market Forecast to 2020: 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 Foster Growth” 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. 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.

Global Animal Health MarketRising awareness for pet health worldwide, increasing demand for livestock derived products and increasing disposable income of people in emerging economies are the major factors which have driven the animal health market globally. Increasing prevalence of zoonotic diseases globally, further acts as catalyst for augmenting the revenue of animal health market. Animal health market has been valued at USD ~ billion in 2010 and USD ~ billion in 2015, exhibiting a CAGR of ~% in between the years.

Animal Health Market SegmentationBy species, livestock segment dominated the animal health market with the revenue share of ~% in 2015. Rising consumption of meat globally is the major factor which is responsible for high demand for animal health products among livestock animals. Additionally, rising government regulations towards the demand for healthy meat availability for consumption further elevates the market. Health products manufactured for cattle use dominated the livestock animal health products with the revenue share of ~% in 2015. Companion animals followed livestock animal with market share of ~% by value in 2015. Increasing trend of keeping pets especially in emerging economies coupled with the rising awareness among pet owners about the well being of animals is the major factor which has driven the market of companion animals globally.

By products, 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 prevention of flea and tick infestations and internal parasites like tapeworm in companion animals. Biologicals including all antisera, viruses, toxins, serums or any products from natural or scientific origin derived from animals to improve immune system, also forms an important segment. Vaccines form an important part of veterinary biological market with segment capturing a revenue share of ~% in 2015.

By geographical regions, North America dominated the market with revenue share of ~% in 2015. Economic stability among animal owners to opt for expensive healthcare products for animals and awareness among people about available treatment options are the major factors which have driven the animal market in North America. Additionally, presence of pharmaceutical giants in country, who tends to launch innovative products in market, further elevates the total revenue generated by market.

Competitive ScenarioZoetis dominated the global animal health market with revenue share of ~% in 2015. Innovative products, diverse product portfolio for various species, broad product line, wide geographical presence, huge investment in research and development activities resulting in launch of innovative products, and protection of companies products by around 4,800 patents are the major reasons which have led to the denomination of Zoetis. Other leading players in the market include Elanco, Merial, Bayer AG, Boehringer Ingelheim, Ceva Sante Animale, Virbac, Phibro Animal Health Corporation, and Vetoquinol.

Key Topics Covered in the Report:

India Animal Health Market Share

Animal Vaccines Market

 Biological Market

Animal Health Sector

Animal Health Industry

Animal Health Market Trends

Animal Health Future

Animal Health Market Strategy

Animal Health Market Size

Livestock Animal Health Future

Antisera Market

Endectocides Market

Endoparasiticides Industry

India Poultry Health Market

India Beta Lactams Market

India Animal Health Industry Trends

Global Meat Consumption by Types of Meat (Pork, Poultry, Beef, and Sheep and Goat) in terms of Percentage, 2015

India Animal Parasiticides Market

India Animal Health Market

North America Animal Health Market on the basis of Revenue in USD Billion, 2010 – 2015

India Animal Health Zoetis Market Share

North America Animal Health Market Segmentation by Countries (US and Canada) on the Basis of Revenue in Percentage, 2010 – 2015

India Cattle Swine Population Growth

US Animal Health Market on the basis of Revenue in USD Million, 2010 – 2015

India Pet Animal Health Developments

US Animal Health Market by Species (Livestock Animals, Companion Animals, and Others) on the basis of Revenue in Percentage, 2015

India Feed Additives Growth Trends

US Livestock Health Market by Animals (Cattle, Poultry, and Swine) on the basis of Revenue in Percentage, 2015

US Companion Animals Health Market by Animals (Dogs and Cats, and Equine) on the basis of Revenue in Percentage, 2015

Asia Pacific Animal Health Market on the basis of Revenue in USD Billion, 2010 – 2015

China Animal Health Market on the basis of Revenue in USD Million, 2010 – 2015

China Animal Health Market by Products (Feed Additives, Biologicals, Anti-infectives, Parasiticides, and Others) on the basis of Revenue in Percentage, 2015

China’s Meat Consumption Behavior in Percentage of Total Meat Consumed, 2015

China Animal Health Market by Species (Livestock Animals, Companion Animals, and Others) on the basis of Revenue in Percentage, 2015

China Livestock Health Market by Animals (Cattle, Poultry, and Swine) on the basis of Revenue in Percentage, 2015

China Animal Health Market by Companies (Zoetis, Boehringer Ingelheim, Merial, MSD Animal Health, Elanco, Bayer, and Others) on the basis of Revenue in Percentage, 2015

India Animal Health Market on the basis of Revenue in USD Million, 2010 – 2015

India Animal Health Market by Products (Feed Additives, Biologicals, Anti-infectives, Parasiticides, and Others) on the basis of Revenue in Percentage, 2015

India Animal Health Market by Species (Livestock Animals, Companion Animals, and Others) on the basis of Revenue in Percentage, 2015

India Livestock Health Market by Animals (Cattle, Poultry, and Swine) on the basis of Revenue in Percentage, 2015

Australia Animal Health Market on the basis of Revenue in USD Million, 2010 – 2015

Australia Animal Health Market by Products (Feed Additives, Biologicals, Anti-infectives, Parasiticides, and Others) on the basis of Revenue in Percentage, 2015

Australia Animal Health Market by Species (Livestock, Companion Animals, and Others) on the basis of Revenue in Percentage, 2015

Animal Health Industry Trends

Latin America Animal Health Market on the basis of Revenue in USD Billion, 2010 – 2015

Global Animal Health Market Outlook and Future Projections on the Basis of Revenue in terms of USD Billion, 2016 – 2020

Global Animal Health Market Outlook and Future Projections by Species (Livestock, Companion Animals, and Others) on the Basis of Revenue in terms of Percentage, 2016 – 2020

North America Animal Health Market Outlook and Future Projections by Countries (US and Canada) on the Basis of Revenue in terms of Percentage, 2016 – 2020

Asia Pacific Animal Health Market and Future Projections by Countries (India, China, Japan, Australia, and Rest of Asia Pacific) on the Basis of Revenue in terms of Percentage, 2016 – 2020

Latin America Animal Health Market and Future Projections by Countries (Brazil, Mexico, and Rest of Latin America) on the Basis of Revenue in terms of Percentage, 2016 – 2020.

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

Contact:Ken Research
Ankur Gupta, Head Marketing & Communication
query@kenresearch.com+91-124-4230204