Animal Health Market 2022 to 2030: Growth Rates, Market Segmentation, Future Trends, and Regional Prospects

Animal Health Market Analysis Overview:

In a recent research report by Market Research Community, the Animal Health Market is expected to surpass USD 88.31 billion by the year 2030, from USD 38.70 billion in 2021.

Animal health refers to the overall well-being of animals. This includes physical, mental, and social health, as well as the prevention and treatment of disease. Animal health is important because animals play a variety of roles in our lives, including as pets, service animals, farm animals, and wildlife. Maintaining the health of these animals can have a positive impact on human health, the environment, and the economy. There are many factors that can impact animal health, including genetics, diet, exercise, and exposure to parasites and diseases. Proper animal care and management, including vaccination and preventative measures, can help to maintain the health of animals.

The study is consolidated into major segments and further into sub-segments, such as by type (Production Animal, Companion Animal), by Product (Vaccine, Pharmaceuticals, Medicinal Feed Additives, Diagnostics, Equipment & Disposables) by Distribution Channel (Retail, E-commerce, Veterinary Hospitals & Clinics) by end use (Reference Laboratories, Point-of-care Testing/In-house Testing, Veterinary Hospitals & Clinics, Others) to forecast the market size by value; considering 2021 as the base year.

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The factor contributing to the growth of the market is an increase in the geriatric population and the demand for immunity booster products. Further, increasing investments by the key players in the region are expected to fuel the growth of the Animal Health Market.

Top Key Players of the Animal Health Market:

The report includes a regional analysis and country analysis with the latest trends, along with the major key players including DRE Veterinary, Mars Inc., Virbac, Televet, Phibro Animal Health Corporation, B.Braun Vet Care, Dechra Pharmaceuticals PLC, Bimeda, Inc., Midmark Corporation, Thermo Fisher Scientific, Inc., IDVet, Merck Animal Health, Ceva Sante Animale, Vetoquinol S.A., Zoetis, Boehringer Ingelheim GmbH, Elanco, IDEXX, Heska Corporation, Covetrus.

Type Covered in This Report Are:

Production Animal

Poultry

Swine

Cattle

Sheep & Goats

Fish

Companion Animal

Dogs

Cats

Horses

Others

On the Basis of Product

Live Attenuated Vaccines

DNA Vaccines

Recombinant Vaccines

Inactivated Vaccines

Others

      Pharmaceuticals

Parasiticides

Anti-infective

Anti-inflammatory

Analgesics

Others

Medicinal Feed Additives

Diagnostics

Instruments

Consumables

Equipment & Disposables

Critical Care Consumables

Anesthesia Equipment

Fluid Management Equipment

Temperature Management Equipment

Rescue & Resuscitation Equipment

Research Equipment

Patient Monitoring Equipment

Others

Veterinary Telehealth

Veterinary Software

Livestock Monitoring

 

 

Distribution Channel

Retail

E-commerce

Veterinary Hospitals & Clinics

 

By End User:

Reference Laboratories

Point-of-care Testing/In-house Testing

Veterinary Hospitals & Clinics

 Others

The Animal Health market growth is projected at a significant pace reaching a CAGR of approximately 9.6 %, over the forecast period of 2022–2030, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.

Regional Analysis:
North America– (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)

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