Global Animal Health Market By Animal Type (Companion and Production), By Product (Diagnostics, Feed Additives, Pharmaceuticals, Vaccines, and Others), By Distribution Channel (E-commerce, Retail, and Hospital Pharmacy), By End-Use (Reference Laboratories, Veterinary Hospitals & Clinics, Point-Of-Care Testing/In-House Testing, and Others), By Geography, North America (U.S., Canada) South America (Mexico, Brazil, Argentina, Columbia, Rest of South America) Europe (Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) Middle East and Africa (Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Trends and Forecast till 2028
The Animal Health market is expected to reach over USD 91.3 Billion by 2028 exhibiting a CAGR of 9.1% during the forecast period of 2021 to 2028. Phoenix Research Study on the animal health market provides insight and analysis regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Animal Health Market: Insight and Analysis
Animal Health is the branch of science that deals with the diagnosis, treatment, and prevention of diseases in animals. The animal healthcare market is expanding due to the growing relevance of livestock animal production.
The demand for animal health is gaining enormous prominence and promising exponential growth. The market is being propelled by huge growth in global protein food consumption, as well as an increase in the incidence of zoonotic and food-borne diseases. As a result of the exponential rise in disease prevalence, companies have been encouraged to produce novel vaccines and medications. As a result of the strong demand, the number of companies making regular efforts to manage pathogen contamination threats and food-borne diseases has increased, contributing to market growth.
This animal health report discusses the market potential and trends, opportunities, untapped and emerging revenue pockets, year-on-year growth analysis, market revenue, application and user behavior, competitor analysis, local and major player impact and heat mapping, landscape, recent strategic activities, trade data, import-export data, supply and demand analysis, production and value chain brand share, company market share and ranking analysis, the impact of covid 19 and regulatory changes, technology roadmap, application niches, and so on.
Phoenix Research consultants use their proprietary research methodology to evaluate data that involves data mining, analysis of the impact of data variables on the market, and primary validation. Furthermore, other data models consist of a market overview and guide, company matrix, key intensity vendor mapping, market forecasting analysis, company share analysis, top-down and bottom-up analysis, and others.
Animal Health Market – Pre and Post-Covid Analysis
The coronavirus disease (COVID-19) pandemic outbreak has created extreme uncertainty in the market growth globally. The pandemic outbreak has affected and changed the complete dynamics of the Animal Health market in ways that are hard to believe. The efficacy and intensity of containment efforts to the extent of supply disruptions, shifts in spending patterns, behavioral changes (such as avoiding purchasing), the repercussions of the dramatic tightening in global market conditions, confidence effects, volatile commodity prices, and increasing debt burdens. Due to COVID-19, all the countries have faced a multi-layered crisis comprising domestic economic disruptions, plummeting external demand, collapse in the prices, and collapse in supply and demand of the products across the globe.
According to the United Nations, in 2020, the global economy could shrink by almost 1% due to the impact of the COVID-19 pandemic. The COVID-19 pandemic outbreak has created extreme uncertainty in the Animal Health market growth around the globe. The COVID-19 outbreak from December 2019 has impacted more than 100 countries across the globe and significantly it has mainly impacted the Animal Health market in 2020. The pandemic has affected the overall medical device in different ways as demand for some of the products/services has increased, but due to supply chain market disruption, manufacturing was not able to fulfill the order resulting in a financial impact on the vendors.
Contact firstname.lastname@example.org for more details on Pre and Post Covid 19 impact on supply and demand, price, manufacturer/provider, and End-use industry among other
Animal Health Market: Study Scope and Market Engineering
The Animal Health market is divided into four categories: animal type, product type, distribution channel, and end user. The growth among segments allows you to analyze potential revenue pockets of growth and market as well as determine core competencies in your target markets.
• The animal health market is segmented based on the animal type into production animals which are further classified into poultry, swine, cattle, sheep & goats, and fish and companion animals which are further classified into dogs, cats, horses, and others.
• The Animal Health market is segmented based on the product type into vaccine services which are further classified into live attenuated vaccines, DNA vaccines, recombinant vaccines, inactivated vaccines, and others, pharmaceuticals which are further classified into parasiticides, anti-infective, anti-inflammatory, analgesics and others. feed additives which are further classified into nutritional medicinal, diagnostics, instruments, consumables, medical devices & disposables which are further classified into critical care, anesthesia equipment, fluid management equipment, temperature management equipment, rescue & resuscitation equipment, research equipment, patient monitoring equipment, others which is further classified into veterinary telehealth, veterinary software, livestock monitoring.
• The animal health market is segmented based on the distribution channel into retail, e-commerce, and veterinary hospitals & clinics.
• The animal health market is segmented based on the end user into reference laboratories, POC testing/in-house testing, veterinary hospitals & clinics, and others.
Animal Health Market: Geographical Coverage and Analysis
The countries covered in the Animal Health market report are U.S. and Canada in North America, Brazil, Mexico, Columbia, and the Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore and Rest of Asia-Pacific in the Asia-Pacific, GCC countries, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa.
North America holds the largest market share in global Animal Health followed by Europe and Asia Pacific region. Due to rising technological advancements and high adoption of Animal Health in the region, the United States dominates the North American market. In addition, the region has a well-established infrastructure, which allows for the quicker deployment of new technology.
Individual market-affecting factors and changes in regulation in the domestic market are also discussed in the report, which has an impact on the market’s current and future developments. Top-down and bottom-up value chain analysis, trends, Macro and Microeconomic indicators, Pestle and Porter’s five forces tools, and case studies are only a few of the data sources used to anticipate the market scenario for different countries. Additionally, while offering forecast analysis of the country data, the presence and availability of global brands, as well as the obstacles they face owing to significant or scarce competition from local and domestic brands, the influence of domestic tariffs, and trade routes are all taken into account.
Animal Health Market: Competitive Insights
The global Animal Health market is highly competitive, and major players have used various approaches to raise their footprints in this market such as new product advancements, acquisitions, contracts, joint ventures, alliances, acquisitions, and others. The scope of the study includes Animal Health market revenue for Global, Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Company overview, financials, revenue analysis, market potential, research and development, strategic initiatives, company footprint, strengths and weaknesses, product launch, product width and breadth, and application dominance are all included in the details. The data points presented above are solely related to the companies’ focus on the Animal Health markets for the retail industry.
The major players covered in the animal health market report are Merck Animal Health, Boehringer Ingelheim GmbH, Ceva Santé Animale, Kyoritsu Seiyako, Vetiquinol S.A., Nutreco N.V., Zoetis, Virbac, Bayer AG, Heska Corp., Elanco among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. Pheonix research understands competitive strengths and provides competitive analysis for each competitor separately.
Animal Health Market Segmentation:
By Animal Type
• Production Animal
o Sheep & Goats
• Companion Animal
o Live Attenuated Vaccines
o DNA Vaccines
o Recombinant Vaccines
o Inactivated Vaccines
• Feed Additives
• Medical Devices & Disposables
o Critical Care
o Anesthesia Equipment
o Fluid Management Equipment
o Temperature Management Equipment
o Rescue & Resuscitation Equipment
o Research Equipment
o Patient Monitoring Equipment
o Veterinary Telehealth
o Veterinary Software
o Livestock Monitoring
By Distribution Channel
• Veterinary Hospitals & Clinics
• Reference Laboratories
• POC Testing/In-house Testing
• Veterinary Hospitals & Clinics
• North America
o Rest Europe
o South Korea
o Rest of Asia-Pacific
• South America
o Rest of Latin America
• Middle East and Africa
o GCC Countries
o South Africa
o North Africa
o Rest of Middle East and Africa