Title: marketreportsupdates (104)
1Animal Health Market To Reach USD 70.01 Billion
By 2026
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2 Market Summary
The increase in the adoption of pet animals,
coupled with the increasing consumption of meat
and milk are influencing the market
growth. Market Size USD 43.55 Billion in 2018,
Market Growth - CAGR of 5.9, Market Trends
Demand for veterinary products and
treatments. The Global Animal Health Market is
forecast to reach USD 70.01 Billion by 2026,
according to a new report by Reports and Data.
This is mainly contributed by government
initiatives to encourage the growth of veterinary
products and treatments.
3 Our Approach
Market Summary
- Increase in the adoption of pet animals, coupled
with the increasing consumption of meat and milk,
will boost the growth of the market. Moreover,
technological advancements in the healthcare
industry will also impact the growth of the
market positively. - Regulating animal health and preventing animal
disease outbreaks is essential to the economy as
well as the safety of a countrys food supply. - Diseases affecting animal health may also affect
human health. Regular animal healthcare checkups
of these diseases are easier, more effective and
less expensive to address in animals, than in
humans. There are many different ways to prevent
sickness and injury among animals, including
clean water, feed, a healthy environment, and
most importantly vaccinations against diseases. - However, expensive medications and vaccines for
animals are expected to be a restraining factor
in the growth of the market. - Request for a sample of this research report _at_
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4 Our Approach
Market Summary
- Further key findings from the report suggest
- The market is segmented on the basis of product
type into vaccines, pharmaceuticals, feed
additives, and diagnostics. - The vaccines segment is forecast to witness the
highest growth rate of 7.4 during the forecast
period. - Animals receive vaccines for infectious diseases
such as rabies, parvovirus, distemper, hepatitis,
rotavirus, E. coli, pinkeye, and brucellosis. - Veterinary vaccines have an important role in
protecting animal health, reducing animal
suffering, enabling efficient production of
animal foods, and significantly reducing the need
for antibiotics to treat food and companion
animals. - The market is segmented on the basis of animal
type into production animal and companion animal. - The companion animal segment is forecast to
witness the highest growth rate of 7.4 during
the forecast period, owing to the increasing rate
of pet adoption, especially dogs and cats. - To identify the key trends in the industry, click
on the link below https//www.reportsanddata.com/
report-detail/animal-health-market
5 Our Approach
Market Summary
- Key participants include Elanco, Bayer, Merial,
Merc, Biogenesis Bago, Zoetis Inc., Ceva Sante
Animale, Boehringer Ingelheim, Neogen, Heska,
Thermo Fisher Scientific, Novartis, Vetoquinol,
and Virbac, among others. - For the purpose of this report, Reports and Data
have segmented global Animal Health Market on the
basis of product type, animal type, dosage type,
distribution channel, end user, and region - Product types Outlook (Revenue, USD Billion
2018-2026) - Vaccines
- Pharmaceuticals
- Feed Additives
- Diagnostics
6 Our Approach
Market Summary
- Animal type Outlook (Revenue, USD Billion
2018-2026) - Production Animal
- Poultry
- Swine
- Cattle
- Sheep Goats
- Fish
- Companion Animal
- Dogs
- Cats
- Horses
- Others
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7About Us
Our Approach
About Us
- Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
make a smarter business decision. We offer market
intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise. - Contact Us
- John Watson
- Head of Business Development
- Reports And Data Web www.reportsanddata.com
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