Farm Animal Healthcare Market is projected to grow at a CAGR of 7.5% to reach US$ 43.2 billion by 2034.

Published Date: January 2024

Rising incidence of food-borne zoonotic diseases is the major factor driving the target market growth. For instance according to cdc.gov zoonotic diseases are very common, around the world. Experts guesstimate that more than 6 out of every 10 known communicable diseases in people are spread from animals, and 3 from every 4 new infectious diseases in people are spread from animals. However, strict regulatory rules & complex procedures for obtaining approval and licensing of animal healthcare products such factor hamper the growth of the farm animal healthcare market.Farm Animal Healthcare Market was valued at US$ 22.3 billion in 2024 and is projected to grow at a CAGR of 7.5% to reach US$ 43.2 billion by 2034.

The report "Farm Animal Healthcare Market, By Product (Vaccines, Parasiticides, Anti-Infectives, Medical Feed Additives, and Other Therapeutics), By Animal Type (Cattle, Swine, Poultry, Aquaculture, Sheep, and Other Farm Animals), and Region - Global Forecast to 2034".

Key Highlights:

  • On 3 January 2020 Boehringer Ingelheim presents DiaTEC, a new and proprietary purification technology for Ingelvac CircoFLEX®. This is the first PCV2 vaccine that could be freshly mixed with an M Hyo vaccine to address two critical swine pathogens in one injection.
  • In January 2019, Ceva Animal Health has launched MilbeGuard (milbemycin oxime) Flavored Tablets, this is first FDA-approved generic milbemycin oxime in the U.S. beef-flavoured tablet that prevents heartworm disease, and treats and controls.

Key Market Insights from the report:        

Farm Animal Healthcare Market was valued at US$ 22.3 billion in 2024 and is projected to grow at a CAGR of 7.5% to reach US$ 43.2 billion by 2034 over the forecast period. The market report has been segmented based on Product and by animal type and region.

  • By product global farm animal healthcare market is classified into vaccines, parasiticides, anti-infectives, medical feed additives, and other therapeutics.
  • By animal type global farm animal healthcare market is classified into cattle, swine, poultry, aquaculture, sheep, and other farm animals
  • By region, North America is expected to dominate the target market. Owing to the rising prevalence of zoonotic diseases. Additionally, the growing animal farming and growing demand for the protein-rich diet are the major factors driving the growth for the target market in the region.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Farm Animal Healthcare Market, By Product (Vaccines, Parasiticides, Anti-Infectives, Medical Feed Additives, and Other Therapeutics), By Animal Type (Cattle, Swine, Poultry, Aquaculture, Sheep, and Other Farm Animals), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - forecast till 2034

The prominent player operating in the global Farm Animal Healthcare market Bayer AG, Boehringer Ingelheim International GmbH, Ceva Animal Health Inc, Elanco, IDEXX Laboratories, Merck & Co. Inc., Phibro Animal Health, Vetoquinol, Virbac, and Zoetis Inc. Key players in the market are focusing on research and development.

About Prophecy Market Insights

Prophecy Market Insights is a specialized market research, analytics, marketing and business strategy, and solutions company that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. Also, we help our client to address business challenges and provide the best possible solutions to overcome them and transform their business.

To know more

Contact Us:

Sales

Prophecy Market Insights

U.S: 1 860 531 2574

RoW: 91 7775049802

Email- sales@prophecymarketinsights.com

Website- www.prophecymarketinsights.com

Blog- www.prophecyjournals.com

Buy Now
Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Custmoized Your Report
Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

Request for Discount
Reliability and Reputation

Trusted By

Created billion dollars of revenue impact with more than 200+ clients

View All Our Clients