Animal Health Market, by Animal Type (Production, Companion), Product (Pharmaceuticals, Diagnostics), Distribution Channel, End-use and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global Animal Health market size is projected to reach USD 53 billion by 2026 at a CAGR of 9.4% from USD 45.9 billion in 2021 during the forecast period 2021-2028.
Veterinary research is the study of regarding the prevention, control, diagnosis, and treatment of diseases and biology which revolves around the wellbeing of the animals. For keeping the animals healthy these should be regularly vaccinated, if diseased should be properly treated with respective medicines and antibiotics.
With an increased incidents of food born and zoonotic disease along with the rise in demand for protein rich food are some of the factors that have supported long-term expansion for Animal Health Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. The market for animal heath was rateably more stable and was less impacted throughout the pandemic situation.
Asia Pacific is expected to be the largest market during the forecast period.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 45.9 billion |
Growth Rate |
CAGR of 9.4% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
animal type, product, distribution channel, end-use and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Zoetis, Ceva Santé Animale, Merck Animal Health, Vetiquinol S.A., Boehringer Ingelheim GmbH, Bayer AG, Virbac, Heska, Nutreco N.V. |
Available Customization |
In addition to the market data for Animal Health Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Animal Health Market is segmented into Animal type, product, distribution channel, end-use and geography.