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Classified in: Health
Subject: MRR

Animal Healthcare Market: Evolving Opportunities with Dechra Pharmaceuticals Plc and Elanco Animal Health Inc. | Technavio


NEW YORK, June 28, 2022 /PRNewswire/ -- The Global Animal Healthcare Market size is expected to grow by USD 7.98 billion at a CAGR of 4.1% during the forecasted period. The report extensively covers animal healthcare market segmentation by product (pharmaceutical, feed additive, and biologicals) and geographic (North America, Europe, APAC, and South America). The animal healthcare market report also offers information on several market vendors, including Bayer AG, C. H. Boehringer Sohn AG & Co. KG, Cadila Healthcare Ltd., Dechra Pharmaceuticals Plc, Elanco Animal Health Inc., Heska Corp., Merck & Co. Inc., Norbrook Laboratories Ltd., Virbac SA, and Zoetis Inc. among others.

Read the 120-page report with TOC on "Animal Healthcare Market Analysis Report by Product (Pharmaceutical, Feed additive, and Biologicals) and Geography (North America, Europe, Asia, and ROW), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Buy Now!

Key Market Dynamics

The rise in pet ownership is one of the major factors propelling the animal healthcare market's expansion. With nearly two out of every five households having a dog, dogs continue to be the most common form of pet. With almost three in ten families owning a cat, cats were the next most popular form of pet. One of the factors contributing to the rise in pet ownership for companionship and enjoyment is the rise in disposable income. The focus has shifted to improving health services for these animals as people have begun to see these pets as members of the family.

However, contamination of animal source foods is one of the key challenges hindering the animal healthcare market growth

To learn about additional key drivers, trends, and challenges available with Technavio. Request Sample Report Instantly!

Major Animal Healthcare Companies:

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

For the Right Perspective & Competitive Insights. Make confident decisions using our benchmarks and analysis. Get Sample Report

Animal Healthcare Market Product Outlook (Revenue, USD bn, 2021-2025)

Animal Healthcare Market Geography Outlook (Revenue, USD bn, 2021-2025)

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Animal Healthcare Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.1%

Market growth 2021-2025

$ 7.98 billion

Market structure

Concentrated

YoY growth (%)

3.29

Regional analysis

North America, Europe, APAC, and South America

Performing market contribution

North America at 43%

Key consumer countries

US, China, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Bayer AG, C. H. Boehringer Sohn AG & Co. KG, Cadila Healthcare Ltd., Dechra Pharmaceuticals Plc, Elanco Animal Health Inc., Heska Corp., Merck & Co. Inc., Norbrook Laboratories Ltd., Virbac SA, and Zoetis Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Customer landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: https://www.technavio.com/report/animal-healthcare-market-industry-analysis

SOURCE Technavio


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