Animal Health Market, By products (Feed Additives, Pharmaceuticals and Vaccines), By Animal Type (production animal and companion animal) And Geography (North America, Europe, Asia Pacific, And Rest Of The World) Analysis, Share, Trends, Size, & Forecast From 2016 2027- COVID- 19 Updated
- Published Date: 2020-10-13
- Report ID: 1777
- Pages: 232
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Format:
The animal health market is estimated to represent a global market of USD 46.9 billion by 2019 with growth rate of 5.2%.
Animal health related products covers feed additives, pharmaceuticals and vaccines which contribute significantly to the health and well-being of food producing and companion animals. Technology improvements in animal health sector of the food chain, such as farming techniques, medicine processing and development is considered to be the potential growth factor of the market. This growing animal health industry experiences the intersection of two important areas that affect the lives of global population which is companion animal care and livestock production.
In terms of products, the market is categorized as Feed Additives, Pharmaceuticals and Vaccines. Advancements in the field of feed additives in terms of metabolic modifiers, enzymes, minerals, and probiotics helped this segment to capture large share of the market. Pharmaceuticals is considered to be the second largest market and is anticipated to grow with highest CAGR.
COVID-19 Impact & Recovery Analysis
The proposed report from AnalystView Market Insights suggests three possible forecast scenarios (probable, optimistic, and pessimistic) considering the COVID-19 impact. Our ongoing research analysis amplifies our framework to ensure the inclusion of underlying COVID-19 crisis impact and potential paths forward. The designed report is delivering detailed insights on COVID-19 considering the changes in consumer demand, purchasing patterns, re-routing of the supply chain, and the significant interventions of governments. The updated study provides insights, and forecast, considering the COVID-19 impact on the market.
Animal types segment is divided into production animal and companion animal. Production animal held largest market share, i.e. USD 25.6 billion in 2016 and is projected to dominate the market share during the forecast period. Animal health products is required to grand a marketing authorization before commercialization (referred as registration). It is required to ensure safety, efficacy and quality of the animal products through a regulatory review. Strict guidelines for this regulatory review is expected to hamper the market growth to some extent.
Developed regions such as North America and Europe contributed largest share, representing 65.8% of its global counterpart. Increasing government and non-government initiatives in favor of animal health related products drives the market in developed regions. For example, IFAH (International Federation for Animal Health) Europe is the organization primarily engaged in research, development and manufacturing of animal medicines, vaccines and health related products. Presence of these types of organizations in Europe supports the growth of regional market to great extent.
Key Companies studied under the report scope are: Elanco, Virbac, Nutreco N.V., Ceva Sante Animale, Bayer AG, Merck & Co. AG, and others. The market is highly competitive in nature and a considerable number of players, which have a high level of dominance over the overall revenue share. Market players are engaged in extensive research for the development of cost efficient and highly technologically advanced animal health products. Introduction of such efficient products are expected to provide this market with lucrative growth opportunities.
The market size and forecast for each segment has been provided for the period 2016 to 2027, considering 2019 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2021 to 2027 for every reported segment.
The years considered for the study are:
Historical Year 2016 to 2018
Base Year 2019
Estimated Year 2020
Projected Year 2027
The proposed reports analyse and evaluates the COVID-19 impact, and anticipated change on the future market scenario on this industry, by taking into the account the economic, political, technological, and social, parameters.
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ANIMAL HEALTH MARKET,BY PRODUCTS
Feed Additives
Pharmaceuticals
Vaccines
GLOBAL ANIMAL HEALTH MARKET, BY ANIMAL TYPES
Production
Companion
GLOBAL ANIMAL HEALTH MARKET,BY REGION
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
TABLE OF CONTENTS
ANIMAL HEALTH MARKET OVERVIEW
Study Scope
Base Year
Assumption and Methodology
EXECUTIVE SUMMARY
Key Market Facts
Geographical Scenario
Companies in the Market
ANIMAL HEALTH KEY MARKET TRENDS
Market Drivers
Impact Analysis of Market Drivers
Market Restraints
Impact Analysis of Market Restraints
Market Opportunities
Market Future Trends
ANIMAL HEALTH INDUSTRY STUDY
Company Activity Analysis
Regulatory Framework Analysis
Value Chain Analysis
ANIMAL HEALTH MARKET LANDSCAPE
Market Share Analysis
Key Innovators
ANIMAL HEALTH MARKET BY PRODUCTS:
Overview
Feed Additives
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Pharmaceuticals
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Vaccines
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
ANIMAL HEALTH MARKET BY ANIMAL TYPE:
Overview
Production
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Companion
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
ANIMAL HEALTH MARKET BY GEOGRAPHY
Introduction
North America
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
U.S.
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Canada
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Europe
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
France
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Germany
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Rest of Europe
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Asia Pacific (APAC)
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
China
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
India
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Rest of APAC
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Rest of the World
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Latin America
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
Middle East and Africa
Overview
Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 2027, (US$ Million)
KEY VENDOR ANALYSIS
Elanco
Company Overview
SWOT Analysis
Key Developments
Virbac
Company Overview
SWOT Analysis
Key Developments
Nutreco N.V.
Company Overview
SWOT Analysis
Key Developments
Ceva Sante Animale
Company Overview
SWOT Analysis
Key Developments
Bayer AG
Company Overview
SWOT Analysis
Key Developments
Merck & Co. AG
Company Overview
SWOT Analysis
Key Developments
*This section can be customize as per clients requirements
360 DEGREE ANALYSTVIEW
APPENDIX
Research Methodology
Abbreviations
Disclaimer
Contact Us
SCOPE AND OBJECTIVES
The objective of this report is to describe the market trends and revenue forecasts for the ANIMAL HEALTH Market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the coil coatings market. The scope of this report covers the ANIMAL HEALTH Market by its major segments, which include the type, end user industry, and the major geographic regions.
KEY BENEFITS OF THE REPORT:
Understanding of the strategies that are being adopted by the key players in this market to stay competitive
Extensive analysis of the key players dominating the competitive landscape of this market
In-depth analysis of the key factors are propelling the growth of the global market
Detailed analysis of the geographic region that will witness the strongest growth
Granular analysis of the current market scenario and the expected market grow
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