·
Future
Growth of animal health market is expected to be led by animal feed additive
products, followed by demand for pharmaceuticals and vaccines
·
The
animal feed additives market leader, Pt Charoen Pokphand is expected to
maintain dominant position
·
Global
brands such as Zoetis, Bayer and others are expected to compete with other
players in the animal pharmaceuticals and vaccines industry.
Ken Research announced its latest publication
on “Indonesia Animal Health Market
Outlook to 2019 –RisingHealth Awareness for Pets and Meat Consumption to Drive Growth” which provides a comprehensive
analysis of the animal health market in Indonesia. The report covers various
aspects such as market size of animal health market, segmentation on the basis
of animal feed additives, animal pharmaceuticals and animal vaccines. The
report also covers segmentation of animal feed additives and pharmaceuticals
and vaccines market in different aspects such as segmentation on the basis of species,
types of drug, type of product and import and export of animal feed additives
as well as pharmaceuticals and vaccines in the market. The report is useful for
feed additives manufacturers, animal
pharmaceutical and Vaccine companies and other stakeholders to align their
market centric strategies according to ongoing and expected trends in the
future.
The Indonesia Animal Health market has witnessed growth in
recent years on account of rising demand for feed additives and pharmaceuticals
fueled by enhancing pet ownership, rising awareness and increasing meat
consumption. The surge in growth is majorly originated from growth in animal
feed additives segment. The growth in animal health market has been largely led
by the domestic factors such as supportive government policies, increasing
demand and entry of new players in market. The animal pharmaceutical and
vaccines is comprised of large companies such as Zoetis which posses a large
product portfolio of animal vaccines. The Indonesia animal health market
revenues have grown at a CAGR of 7.4% from 2009-2014.
According
to the research report, the Indonesia animal health market will grow at a
considerable CAGR rate thus reaching USD 327.4 million by 2019 due to the
increasing number of players, rising meat consumption and increasing awareness
zoonotic diseases.
“Governmental
reforms such as increased efforts towards animal health, strict regulation
about the quality of products being produced, stringent regulation and norms
for the feed additives, increased adoption of pets, are anticipated to give a
boost to the rate of usage of animal feed additives as well as vaccination for
animals. Lack of infrastructure facilities, enhancing competition are few of
the major challenges which will affect the growth of this industry in the
future”, according to the Research Analyst, Ken Research.
Key Topics Covered in the
Report:
·
Animal
Health Market Size by Revenue
-
Market
Segmentation by
o Products
o Animal Types
·
Animal
Feed additives Market Size by Revenue
-
Market
Segmentation by
o Type of Products
o Species
o Function
·
Animal Pharmaceuticals Market Size by Revenue
-
Market
Segmentation by
o Type of Products
o Type of Drugs
o Species
·
Animal
Vaccines Market Size by Revenue
-
Market
Segmentation by
o Species
o Usage of Vaccines
o Technology
-
Trends
and Development
-
SWOT
-
PORTER
Five Force Analysis
-
Export
and Import
-
Competition
and Market Share
-
Growth
Drivers
-
Future
Outlook
-
Macro
Economic Parameters
Key Products Mentioned in the
Report
Animal Feed
Additives
HI-PRO
HI-PRO-VITE
BINTANG
BONAVITE
ROYAL FEED
Animal
Pharmaceuticals and Vaccines
Draxxin
Terramycin line
Cydectin
Assurity
Comfirtis
Reconcile
Companies Covered in the Report
Global Players
Zoetis
Bayer
Healthcare
Merial
Elanco
Merck
Domestic Players-Feed Additives
Pt
Charoen Popkhnad Indonesia Tbk
Pt Japfa
Comfeed Indonesia Tbk
Pt Malindo
Feedmill Tbk
Domestic Players-Pharmaceuticals
and Vaccines
Pt Medion Farma Jaya
Pt Vaksindo Satwa
Nusantara
Advacare
Pharma
Related Reports:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
