Global Animal Health Market Overview
The Animal Health Market involves various products and services that are applicable for the well-being and maintenance of food-producing and companion animals. Animal health products are used to cure, prevent, or reduce the risk of diseases, and to continuously monitor the welfare and health of animals. Animal health products consist of feed additives, antimicrobials, antibiotics, diagnostics products, vaccines, growth promoters, and other pharmaceuticals. Numerous products are covered by third market that are used to enhance the productivity of livestock.
Global Animal Health Market Dynamics
Technological advancements in veterinary health care
Advancements in veterinary health care technological is driving the growth of this market, and this is expected to offer future growth opportunities for the market. These advancements include introduction of efficient information management systems, vaccine banks, and animal owner mobile technology. High innovation focus on animal health care has led to rise certain measures that are strengthening growth of the market prospects. For instance, the Innovative Medicines Initiative (IMI) is a public-private partnership to promote collaborative research in order to drive veterinary pharmaceuticals innovations in Europe.
Rising number of government initiatives
Growing number of government initiatives to support animal health products is accelerated to the overall market. As per the data published by UN Department of Economic and Social Affairs, the global population is around 7.3 billion and it is projected to reach nearly 9.7 billion by 2050, of which 795 million people are malnourished, as per the projection of the International Fund for Agricultural Development (IFAD).
However, lack of standardization and growing influx of counterfeit drugs is expected to limit growth of the target market.
Global Animal Health Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The global animal health market is segmented based on animal type, product, distribution channel, end-user, and region.
On the basis of animal type, the global animal health market is segmented into production animal (poultry, swine, cattle, sheep & goats, and fish) and companion animal (dogs, cats, horses, and others). On the basis of product, the global market is classified into vaccines (live attenuated vaccines, dna vaccines, recombinant vaccines, inactivated vaccines, and others), pharmaceuticals (parasiticides, anti-infectives, anti-inflammatory, analgesics, and others), feed additives (nutritional and medicinal), diagnostics (instruments and consumables), and others) Based on distribution channel, the global market is classified into Retail, E-commerce, and veterinary hospitals & clinics. Based on end-user, the global market is classified into reference laboratories, point-of-care testing/in-house testing, veterinary hospitals & clinics, and others
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the global animal health market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to register largest revenue share in the he animal health market over the foreseeable future. This can be attributed due to increasing government’s initiatives to promote and improve animal health in the region. Additionally, increasing number of pet owners, the prevalence of zoonotic diseases, and technological advancements are factors boosting market growth in the region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2019 |
|
Forecast period |
2019 – 2027 |
|
Market representation |
Revenue in USD Million & CAGR from 2019 – 2027 |
|
Market Segmentation |
By Animal Type- Production Animal (Poultry, Swine, Cattle, Sheep & Goats, and Fish) and Companion Animal (Dogs, Cats, Horses, and Others) By Product– Vaccines (Live Attenuated Vaccines, DNA Vaccines, Recombinant Vaccines, Inactivated Vaccines, and Others), Pharmaceuticals (Parasiticides, Anti-infectives, Anti-inflammatory, Analgesics, and Others), Feed Additives (Nutritional, Medicinal, Diagnostics, Instruments, and Consumables), and Others) By Distribution Channel– Retail, E-commerce, and Veterinary Hospitals & Clinics By End-user– Reference Laboratories, Point-of-care Testing/In-house Testing, Veterinary Hospitals & Clinics, and Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2027. For the purpose of this study, has segmented the global animal health market report based on animal type, product, distribution channel, end-user, and region.
Global Animal Health Market, By Product:
- Production Animal
- Poultry
- Swine
- Cattle
- Sheep & Goats
- Fish
- Companion Animal
- Dogs
- Cats
- Horses
- Others
Global Animal Health Market, By Application:
- Vaccines
- Live Attenuated Vaccines
- DNA Vaccines
- Recombinant Vaccines
- Inactivated Vaccines
- Others
- Pharmaceuticals
- Parasiticides
- Anti-infectives
- Anti-inflammatory
- Analgesics
- Others
- Feed Additives
- Nutritional
- Medicinal
- Diagnostics
- Instruments
- Consumables
- Others
Global Animal Health Market, By Distribution Channel:
- Retail
- E-commerce
- Veterinary Hospitals & Clinics
Global Animal Health Market, By End-user:
- Reference Laboratories
- Point-of-care Testing/In-house Testing
- Veterinary Hospitals & Clinics
- Others
Global Animal Health Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global Animal Health Market Key Players
The key players operating the global animal health market includes Bayer AG, H. Boehringer Sohn AG & Co. KG, Dechra Pharmaceuticals Plc, Cadila Healthcare Ltd., Elanco Animal Health Inc., Heska Corp., Norbrook Laboratories Ltd., Merck & Co. Inc., Virbac SA, and Zoetis Inc. The enumerated growth by the animal health market is a result of wide-range regional expansion strategies, collaborative research initiatives, and mergers and acquisitions undertaken by major market players. In December 2016, Bayer AG signed an agreement with Boehringer Ingelheim Vetmedica, Inc. (BIVI) to acquire BIVI’s bovine endectocide and Cydectin ovine products. This acquisition was aimed to drive Bayer’s product portfolio.
Global Animal Health Market Company Profile
- Bayer AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- H. Boehringer Sohn AG & Co. KG
- Cadila Healthcare Ltd.
- Dechra Pharmaceuticals Plc
- Elanco Animal Health Inc.
- Heska Corp.
- Merck & Co. Inc.
- Norbrook Laboratories Ltd.
- Virbac SA
- Zoetis Inc
“*” marked represents similar segmentation in other categories in the respective section
Global Animal Health Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Animal Health Strategies
- Key Questions this Study will Answer
- Market Snippet, By Animal Type
- Market Snippet, By Product
- Market Snippet, By Distribution Channel
- Market Snippet, By End-user
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Animal Health Market, By Animal Type, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Production Animal
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Poultry
- Swine
- Cattle
- Sheep & Goats
- Fish
- Companion Animal
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Dogs
- Cats
- Horses
- Others
- Overview
- Global Animal Health Market, By Product, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Vaccines
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Live Attenuated Vaccines
- DNA Vaccines
- Recombinant Vaccines
- Inactivated Vaccines
- Others
- Pharmaceuticals
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Parasiticides
- Anti-infectives
- Anti-inflammatory
- Analgesics
- Others
- Feed Additives
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Nutritional
- Medicinal
- Diagnostics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Instruments
- Consumables
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Animal Health Market, By Distribution Channel, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Retail
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- E-commerce
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Veterinary Hospitals & Clinics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Animal Health Market, By End-user, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Reference Laboratories
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Point-of-care Testing/In-house Testing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Veterinary Hospitals & Clinics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Animal Health Market, By Region, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Animal Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2027
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Animal Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2027
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Animal Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2027
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Animal Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2027
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Animal Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2027
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- Bayer AG
- Company Overview
- Animal Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- H. Boehringer Sohn AG & Co. KG
- Cadila Healthcare Ltd.
- Dechra Pharmaceuticals Plc
- Elanco Animal Health Inc.
- Heska Corp.
- Merck & Co. Inc.
- Norbrook Laboratories Ltd.
- Virbac SA
- Zoetis Inc.
- Bayer AG
-
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global animal health market is segmented based on animal type, product, distribution channel, end-user, and region.
Technological advancements in veterinary health care is the major factor driving growth of the global market
North America is expected to register largest revenue share in the he animal health market over the foreseeable future. This can be attributed due to increasing government’s initiatives to promote and improve animal health in the region.
The enumerated growth by the animal health market is a result of wide-range regional expansion strategies, collaborative research initiatives, and mergers and acquisitions undertaken by major market players. In December 2016, Bayer AG signed an agreement with Boehringer Ingelheim Vetmedica, Inc. (BIVI) to acquire BIVI’s bovine endectocide and Cydectin ovine products.