Global Animal Therapeutics & Diagnostics Market to Reach USD 46.5 Bn in 2019, Says BCC Research in Its Study Published at MarketPublishers.com07 Dec 2017 • by Natalie Aster
LONDON – In the year 2014, the world’s market for animal therapeutics and diagnostics was estimated at appr. USD 37.8 billion. By the year 2019, the market is poised to climb to USD 46.5 billion in terms of value, gaining traction at a CAGR of 4.2% up till 2019.
In 2014, the pharmaceutical products segment stood at around USD 15.9 billion. By late 2019, this segment is set to reach the USD 19 billion mark, growing at a healthy 3.7% CAGR during 2017-2019.
Meanwhile, the feed additives segment of the animal therapeutics and diagnostics market is set to keep on growing at a CAGR of 4% in the coming years and reach about USD 16.3 billion in 2019.
Comprehensive research study “Global Markets for Animal Therapeutics and Diagnostics” prepared by BCC Research delves deep into the global animal therapeutics and diagnostics market and reviews various existing products. This in-demand research report examines the main market segments, sheds light on the market dynamics (key growth driving and restraining factors), discusses top current and future trends, identifies the major growth opportunities and prospects, covers the recent market developments and innovations, and many more. Moreover, the report highlights the market competitive landscape and comprises detailed profiles of the most prominent market participants. Besides, readers can find detailed future forecasts for the world’s animal therapeutics and diagnostics market up till 2019 in this report.
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