Farm Animal Healthcare: By Product (Drugs, Vaccines, Feed and Diagnostic), By Animal Type (Companion Animal, and Livestock Animal), By End-use (Veterinary hospitals & clinics, Animal care & rehabilitation centers, Diagnostics Centers and Others) And Region – Global Analysis of Market Size, Share & Trends for 2019–2020 And Forecasts To 2031
Farm Animal Healthcare: By Product (Drugs, Vaccines, Feed and Diagnostic), By Animal Type (Companion Animal, and Livestock Animal), By End-use (Veterinary hospitals & clinics, Animal care & rehabilitation centers, Diagnostics Centers and Others) And Region – Global Analysis of Market Size, Share & Trends for 2019–2020 And Forecasts To 2031
PRODUCT OVERVIEW
Animal health refers to the treatment of medical disorders in animals through the use of specialized animal feeds, medications, vaccinations, and diagnostic devices. Animals are extremely important in human life. Animals, like humans, are susceptible to sickness and hence require comprehensive care from veterinarians & pet owners. The primary goal of the animal’s health sector is to improve and treat the health as well as well-being of companions and farm animals. Other than feeding livestock and pet food, the animal health sector covers any items and services that increase livestock production and animal health.
MARKET HIGHLIGHTS
Global Farm Animal Healthcare market is expected to project a notable CAGR of 7.8% in 2031.
Global Farm Animal Healthcare was valued at 35.6 billion in 2021 at a CAGR of 7.8%. The rise of the Animal Health Insurance market will be fueled by growing pet owner knowledge of animal health issues. The industry will continue to rise as a result of multiple government initiatives to assist pet healthcare.
GLOBAL FARM ANIMAL HEALTHCARE: SEGMENTS
Drug segment to grow with the highest CAGR during 2021-31
Drugs, vaccinations, feed, and diagnostics are among the market segments based on products. The drug segment has the biggest market share among the services. Throughout the forecast period, the category is expected to maintain its dominance. This is due to an increase in the prevalence of numerous diseases in animals, as well as an increase in the number of prescriptions to cure them. Animal disease prevention, control, and eradication necessitate the use of these medications.
Companion animals’ segment to grow with the highest CAGR during 2021-31
Livestock animals & companion animals are two market sectors for animals. Due to the growing tendency of keeping pets at home, the companion animals sector maintained the biggest veterinary healthcare market share. Furthermore, by the end of the forecast period, this category is expected to rise fast, owing to the rising rate of pet ownership to help the elderly & physically challenged, as well as a shift in attitude of pet owner to pet nurture.
MARKET DYNAMICS
Drivers
Incidences of zoonotic diseases are on the rise
Increasing research and development in veterinary medicine
Restraint
Government Regulations over animal drugs
GLOBAL FARM ANIMAL HEALTHCARE:
Key Players
Global Farm Animal Healthcare market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. During the projected period, North America will have the highest share of the global animal healthcare market. North America is scientifically technologically advanced of pharmaceuticals and diagnostics research and development, indicating that it is the dominant geography. Furthermore, the region has seen a considerable increase in pet adoption as well as an increase in zoonotic illness cases.
IMPACT OF COVID-19 ON FARM ANIMAL HEALTHCARE MARKET
The COVID-19 pandemic is expected to have a significant impact on the market. There is a wealth of information on coronavirus in animals, including its evolution and pathogenesis. The spread of coronavirus through one species to others can be studied using swine coronavirus illness as a model. Porcine delta coronavirus was recognized as the causative factor of severe diarrhea outbreaks in Asia and north America, according to a study published in Current Opinion in Virology titled ' Porcine delta coronavirus enters cells by two routes: a protease-mediated one on cell membrane, and a cathartic release-mediated one in the endosome.'
GLOBAL FARM ANIMAL HEALTHCARE REPORT ALSO CONTAINS ANALYSIS ON:
Farm Animal Healthcare Segments:
PRODUCT OVERVIEW
Animal health refers to the treatment of medical disorders in animals through the use of specialized animal feeds, medications, vaccinations, and diagnostic devices. Animals are extremely important in human life. Animals, like humans, are susceptible to sickness and hence require comprehensive care from veterinarians & pet owners. The primary goal of the animal’s health sector is to improve and treat the health as well as well-being of companions and farm animals. Other than feeding livestock and pet food, the animal health sector covers any items and services that increase livestock production and animal health.
MARKET HIGHLIGHTS
Global Farm Animal Healthcare market is expected to project a notable CAGR of 7.8% in 2031.
Global Farm Animal Healthcare was valued at 35.6 billion in 2021 at a CAGR of 7.8%. The rise of the Animal Health Insurance market will be fueled by growing pet owner knowledge of animal health issues. The industry will continue to rise as a result of multiple government initiatives to assist pet healthcare.
GLOBAL FARM ANIMAL HEALTHCARE: SEGMENTS
Drug segment to grow with the highest CAGR during 2021-31
Drugs, vaccinations, feed, and diagnostics are among the market segments based on products. The drug segment has the biggest market share among the services. Throughout the forecast period, the category is expected to maintain its dominance. This is due to an increase in the prevalence of numerous diseases in animals, as well as an increase in the number of prescriptions to cure them. Animal disease prevention, control, and eradication necessitate the use of these medications.
Companion animals’ segment to grow with the highest CAGR during 2021-31
Livestock animals & companion animals are two market sectors for animals. Due to the growing tendency of keeping pets at home, the companion animals sector maintained the biggest veterinary healthcare market share. Furthermore, by the end of the forecast period, this category is expected to rise fast, owing to the rising rate of pet ownership to help the elderly & physically challenged, as well as a shift in attitude of pet owner to pet nurture.
MARKET DYNAMICS
Drivers
Incidences of zoonotic diseases are on the rise
Increasing research and development in veterinary medicine
Restraint
Government Regulations over animal drugs
GLOBAL FARM ANIMAL HEALTHCARE:
Key Players
- Boehringer Ingelheim GmbH,
- Virbac SA,
- Elanco,
- Bayer AG,
- Intas Pharmaceuticals,
- Zydus Animal Health,
- Merck Animal Health,
- Zoetis, Inc.,
- Vetoquinol SA,
- Ceva Sante Animale
- Other Prominent Players
Global Farm Animal Healthcare market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. During the projected period, North America will have the highest share of the global animal healthcare market. North America is scientifically technologically advanced of pharmaceuticals and diagnostics research and development, indicating that it is the dominant geography. Furthermore, the region has seen a considerable increase in pet adoption as well as an increase in zoonotic illness cases.
IMPACT OF COVID-19 ON FARM ANIMAL HEALTHCARE MARKET
The COVID-19 pandemic is expected to have a significant impact on the market. There is a wealth of information on coronavirus in animals, including its evolution and pathogenesis. The spread of coronavirus through one species to others can be studied using swine coronavirus illness as a model. Porcine delta coronavirus was recognized as the causative factor of severe diarrhea outbreaks in Asia and north America, according to a study published in Current Opinion in Virology titled ' Porcine delta coronavirus enters cells by two routes: a protease-mediated one on cell membrane, and a cathartic release-mediated one in the endosome.'
GLOBAL FARM ANIMAL HEALTHCARE REPORT ALSO CONTAINS ANALYSIS ON:
Farm Animal Healthcare Segments:
- By Product
- Drugs
- Vaccines
- Feed
- Diagnostic
- By Animal Type
- Companion Animal
- Farm Animal
- By End-use
- Veterinary hospitals & clinics
- Animal care & rehabilitation centers
- Diagnostics Centers
- Other
- Farm Animal Healthcare Dynamics
- Farm Animal Healthcare Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Farm Animal Healthcare Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Global Farm Animal Healthcare Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 GLOBAL FARM ANIMAL HEALTHCARE MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 MACROECONOMIC INDICATORS
6 RECENT DEVELOPMENTS
7 MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 RISK ANALYSIS
9 MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 GLOBAL FARM ANIMAL HEALTHCARE MARKET
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 GLOBAL FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Product
11.3.1.1. Drugs
11.3.1.1.1. By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2. Vaccines
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2. Market Share (%) 2021-2031F
11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.3. Feed
11.3.1.3.1. By Value (USD Million) 2021-2031F
11.3.1.3.2. Market Share (%) 2021-2031F
11.3.1.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.4. Diagnostic
11.3.1.4.1. By Value (USD Million) 2021-2031F
11.3.1.4.2. Market Share (%) 2021-2031F
11.3.1.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2. By Animal Type
11.3.2.1. Livestock animals
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2. Market Share (%) 2021-2031F
11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Companion animals
11.3.2.2.1. By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.3. By End Use
11.3.3.1. Veterinary hospitals & clinics
11.3.3.1.1. By Value (USD Million) 2021-2031F
11.3.3.1.2. Market Share (%) 2021-2031F
11.3.3.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.2. Animal care & rehabilitation centers
11.3.3.2.1. By Value (USD Million) 2021-2031F
11.3.3.2.2. Market Share (%) 2021-2031F
11.3.3.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.3. Diagnostics Centers
11.3.3.3.1. By Value (USD Million) 2021-2031F
11.3.3.3.2. Market Share (%) 2021-2031F
11.3.3.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.4. Others
11.3.3.4.1. By Value (USD Million) 2021-2031F
11.3.3.4.2. Market Share (%) 2021-2031F
11.3.3.4.3. Y-o-Y Growth (%) 2021-2031F
12 NORTH AMERICA FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product Type
12.3.2. By Animal Type
12.3.3. By End Use
12.4. Country
12.4.1. United States
12.4.2. Canada
13 EUROPE FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product Type
13.3.2. By Animal Type
13.3.3. By End Use
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 ASIA FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product Type
14.3.2. By Animal Type
14.3.3. By End Use
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 MIDDLE EAST AND AFRICA FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product Type
15.3.2. By Animal Type
15.3.3. By End Use
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 LATIN AMERICA FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Product Type
16.3.2. By Animal Type
16.3.3. By End Use
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 COMPANY PROFILES
18.1. Boehringer Ingelheim GmbH
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Virbac SA
18.3. Elanco
18.4. Bayer AG
18.5. Intas Pharmaceuticals
18.6. Zydus Animal Health
18.7. Merck Animal Health
18.8. Zoetis, Inc.
18.9. Vetoquinol SA
18.10. Ceva Sante Animale
18.11. Other Prominent Players
19 APPENDIX
20 CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Farm Animal Healthcare Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Global Farm Animal Healthcare Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 GLOBAL FARM ANIMAL HEALTHCARE MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 MACROECONOMIC INDICATORS
6 RECENT DEVELOPMENTS
7 MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 RISK ANALYSIS
9 MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 GLOBAL FARM ANIMAL HEALTHCARE MARKET
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 GLOBAL FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Product
11.3.1.1. Drugs
11.3.1.1.1. By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2. Vaccines
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2. Market Share (%) 2021-2031F
11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.3. Feed
11.3.1.3.1. By Value (USD Million) 2021-2031F
11.3.1.3.2. Market Share (%) 2021-2031F
11.3.1.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.4. Diagnostic
11.3.1.4.1. By Value (USD Million) 2021-2031F
11.3.1.4.2. Market Share (%) 2021-2031F
11.3.1.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2. By Animal Type
11.3.2.1. Livestock animals
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2. Market Share (%) 2021-2031F
11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Companion animals
11.3.2.2.1. By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.3. By End Use
11.3.3.1. Veterinary hospitals & clinics
11.3.3.1.1. By Value (USD Million) 2021-2031F
11.3.3.1.2. Market Share (%) 2021-2031F
11.3.3.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.2. Animal care & rehabilitation centers
11.3.3.2.1. By Value (USD Million) 2021-2031F
11.3.3.2.2. Market Share (%) 2021-2031F
11.3.3.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.3. Diagnostics Centers
11.3.3.3.1. By Value (USD Million) 2021-2031F
11.3.3.3.2. Market Share (%) 2021-2031F
11.3.3.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.4. Others
11.3.3.4.1. By Value (USD Million) 2021-2031F
11.3.3.4.2. Market Share (%) 2021-2031F
11.3.3.4.3. Y-o-Y Growth (%) 2021-2031F
12 NORTH AMERICA FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product Type
12.3.2. By Animal Type
12.3.3. By End Use
12.4. Country
12.4.1. United States
12.4.2. Canada
13 EUROPE FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product Type
13.3.2. By Animal Type
13.3.3. By End Use
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 ASIA FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product Type
14.3.2. By Animal Type
14.3.3. By End Use
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 MIDDLE EAST AND AFRICA FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product Type
15.3.2. By Animal Type
15.3.3. By End Use
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 LATIN AMERICA FARM ANIMAL HEALTHCARE MARKET SIZE & FORECAST 2021A-2031F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Product Type
16.3.2. By Animal Type
16.3.3. By End Use
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 COMPANY PROFILES
18.1. Boehringer Ingelheim GmbH
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Virbac SA
18.3. Elanco
18.4. Bayer AG
18.5. Intas Pharmaceuticals
18.6. Zydus Animal Health
18.7. Merck Animal Health
18.8. Zoetis, Inc.
18.9. Vetoquinol SA
18.10. Ceva Sante Animale
18.11. Other Prominent Players
19 APPENDIX
20 CONSULTANT RECOMMENDATION
