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Cattle Health Market Size, Trends, Analysis, and Outlook By Therapeutics (Vaccine, Parasiticide, Anti-infective, Medical Feed Additive, Others), By Diagnostics (Immunodiagnostic Test, Molecular Diagnostics, Diagnostic Imaging, Clinical Chemistry, Others), by Country, Segment, and Companies, 2024-2032

April 2024 | 205 pages | ID: CEF2022EC9EFEN
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The global Cattle Health market size is poised to register 8.2% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Cattle Health market across By Therapeutics (Vaccine, Parasiticide, Anti-infective, Medical Feed Additive, Others), By Diagnostics (Immunodiagnostic Test, Molecular Diagnostics, Diagnostic Imaging, Clinical Chemistry, Others)

With the economic importance of livestock production and the need for sustainable animal health management practices, there is a growing demand for veterinary products and services that prevent, diagnose, and treat diseases in cattle herds. Market growth is driven by factors such as expanding global population, rising demand for animal protein, and advancements in veterinary diagnostics and vaccines. Additionally, the expanding applications of cattle health products in dairy and beef production systems, as well as the adoption of preventive medicine and biosecurity measures, contribute to market expansion. Further, the emphasis on herd health monitoring, vaccination programs, and antimicrobial stewardship, along with efforts to promote animal welfare and food safety standards, is expected to further propel market growth in the coming years.

Cattle Health Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Cattle Health market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Cattle Health survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Cattle Health industry.

Key market trends defining the global Cattle Health demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Cattle Health Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Cattle Health industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Cattle Health companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Cattle Health industry

Leading Cattle Health companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Cattle Health companies.

Cattle Health Market Study- Strategic Analysis Review

The Cattle Health market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Cattle Health Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Cattle Health industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.

Cattle Health Country Analysis and Revenue Outlook to 2032

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.

North America Cattle Health Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Cattle Health market segments. Similarly, Strong market demand is encouraging Canadian Cattle Health companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Cattle Health market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Cattle Health Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Cattle Health industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Cattle Health market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Cattle Health Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Cattle Health in Asia Pacific. In particular, China, India, and South East Asian Cattle Health markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Cattle Health Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Cattle Health Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Cattle Health market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Cattle Health.

Cattle Health Market Company Profiles

The global Cattle Health market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Boehringer Ingelheim International GmbH, Elanco Animal Health Inc, IDEXX Laboratories Inc, IDVet, Kyoritsu Seiyaku Corp, Merck & Co. Inc, Norbrook Laboratories Ltd, QIAGEN N.V., Thermo Fisher Scientific Inc, Vetoquinol S.A., Virbac S.A., Zoetis Inc.

Recent Cattle Health Market Developments

The global Cattle Health market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Cattle Health Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Therapeutics

Vaccine

Parasiticide

Anti-infective

Medical Feed Additive

Others

By Diagnostics

Immunodiagnostic Test

Molecular Diagnostics

Diagnostic Imaging

Clinical Chemistry

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Boehringer Ingelheim International GmbH

Elanco Animal Health Inc

IDEXX Laboratories Inc

IDVet

Kyoritsu Seiyaku Corp

Merck & Co. Inc

Norbrook Laboratories Ltd

QIAGEN N.V.

Thermo Fisher Scientific Inc

Vetoquinol S.A.

Virbac S.A.

Zoetis Inc

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Cattle Health Market Overview and Key Findings, 2024
1.2 Cattle Health Market Size and Growth Outlook, 2021- 2030
1.3 Cattle Health Market Growth Opportunities to 2030
1.4 Key Cattle Health Market Trends and Challenges
  1.4.1 Cattle Health Market Drivers and Trends
  1.4.2 Cattle Health Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Cattle Health Companies

2. CATTLE HEALTH MARKET SIZE OUTLOOK TO 2030

2.1 Cattle Health Market Size Outlook, USD Million, 2021- 2030
2.2 Cattle Health Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. CATTLE HEALTH MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. CATTLE HEALTH MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Therapeutics
Vaccine
Parasiticide
Anti-infective
Medical Feed Additive
Others
By Diagnostics
Immunodiagnostic Test
Molecular Diagnostics
Diagnostic Imaging
Clinical Chemistry
Others
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Cattle Health Market, 2025
5.2 Asia Pacific Cattle Health Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Cattle Health Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Cattle Health Market, 2025
5.5 Europe Cattle Health Market Size Outlook by Type, 2021- 2030
5.6 Europe Cattle Health Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Cattle Health Market, 2025
5.8 North America Cattle Health Market Size Outlook by Type, 2021- 2030
5.9 North America Cattle Health Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Cattle Health Market, 2025
5.11 South America Pacific Cattle Health Market Size Outlook by Type, 2021- 2030
5.12 South America Cattle Health Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Cattle Health Market, 2025
5.14 Middle East Africa Cattle Health Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Cattle Health Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Cattle Health Market Size Outlook and Revenue Growth Forecasts
6.2 US Cattle Health Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Cattle Health Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Cattle Health Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Cattle Health Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Cattle Health Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Cattle Health Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Cattle Health Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Cattle Health Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Cattle Health Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Cattle Health Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Cattle Health Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Cattle Health Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Cattle Health Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Cattle Health Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Cattle Health Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Cattle Health Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Cattle Health Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Cattle Health Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Cattle Health Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Cattle Health Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Cattle Health Industry Drivers and Opportunities

7. CATTLE HEALTH MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. CATTLE HEALTH COMPANY PROFILES

8.1 Profiles of Leading Cattle Health Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Boehringer Ingelheim International GmbH
Elanco Animal Health Inc
IDEXX Laboratories Inc
IDVet
Kyoritsu Seiyaku Corp
Merck & Co. Inc
Norbrook Laboratories Ltd
QIAGEN N.V.
Thermo Fisher Scientific Inc
Vetoquinol S.A.
Virbac S.A.
Zoetis Inc.

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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