At 5.6% CAGR Market snapshot on Veterinary Drugs Market 2019-2025
Sep 6, 2019
Veterinary Drugs Market by top manufacturers, type and application, with sales market share and growth rate Forecasts till 2025
Pune, India - September 6, 2019 /MarketersMedia/ —
The rising demand for advanced drugs is likely to create lucrative growth opportunities for the Global Market, finds Fortune Business Insights in their new study. The study is titled “Veterinary Drugs Market Analysis, Insights, and Forecasts, 2018 – 2025.” According to the study, the Global Veterinary Drugs Market will reach a valuation of US$ 27,570 Mn by 2025 from US$ 17,870.6 Mn in 2017, and exhibit a promising CAGR of 5.6% over the aforementioned forecast period.
The parasiticides segment accounted for the highest share in 2017 with market revenue of 32.2% and is likely to dominate the market in terms of product segmentation. This is because prevention of animals from insects and parasites is extremely important, in order to avoid its devastating impact on the animals and further on humans consuming products derived from such animals such as milk, eggs, and meat.
Get PDF Brochure of this Report@ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/veterinary-drugs-market-100171
Rise in Intake of Meat Consumption to Propel Market
The rise in the prevalence of infectious diseases among animals is driving the demand for veterinary drugs. Increasing poultry farming will bode well for the veterinary drugs market as well. Besides this, the market is likely to witness an increasing demand from pet farm owners. Introduction of cost-effective and advanced drugs will also help the market generate more revenue.
On the flipside, the discovery of new and complex diseases occurring in animals might increase the chances of contracting animal diseases such as bird flu, rabies, African swine flu, and others. Be it as it may, the rising incidence of these diseases are fueling the demand for more effective medicines and vaccines for animals. This might cause concern among animal owners and further propel the market for veterinary drugs.
The Asia Pacific to Exhibit Fastest Growth Rate
The Global Veterinary Drugs Market rate of animal adoption is more in North America as compared to other regions. This, coupled with, the introduction of new animal-related products in the region will help it emerge dominant at a global scale. In 2017, North America held the highest share in the global veterinary drugs market and was valued at US$ 6290.1 Mn. It is also expected to continue dominating the market through the forecast period.
On the other side, Asia Pacific is expected to show a remarkable growth rate in the coming years. The stringent rules imposed on animal healthcare by governments of nations in this region, coupled with, the involvement of animals in agricultural activities are propelling the veterinary drugs market in the Asia Pacific.
Some major points from Table of Content:
........................
7. Europe Veterinary Drugs Market Analysis, Insights and Forecast, 2014-2025
7.1. Key Findings / Summary
7.2. Market Analysis – By Product
7.2.1 Anti-infectives
7.2.2 Anti-inflammatory
7.2.3 Parasiticides
7.2.4 Others
7.3. Market Analysis – By Animal
7.3.1 Companion
7.3.2 Livestock
7.4. Market Analysis – By Route of Administration
7.4.1 Oral
7.4.2 Parenteral
7.4.3 Topical
7.5. Market Analysis – By Distribution Channel
7.5.1 Veterinary Hospitals
7.5.2 Veterinary Clinics
7.5.3 Pharmacies & Drug Stores
7.5.4 Others
7.6. Market Analysis – By Country/ Sub-region
7.6.1 U.K.
7.6.2 Germany
7.6.3 France
7.6.4 Italy
7.6.5 Spain
7.6.6 Scandinavia
7.6.7 Rest of Europe
8. Asia Pacific Veterinary Drugs Market Analysis, Insights and Forecast, 2014-2025
8.1. Key Findings / Summary
8.2. Market Analysis – By Product
8.2.1 Anti-infectives
8.2.2 Anti-inflammatory
8.2.3 Parasiticides
8.2.4 Others
8.3. Market Analysis – By Animal
8.3.1 Companion
8.3.2 Livestock
8.4. Market Analysis – By Route of Administration
8.4.1 Oral
8.4.2 Parenteral
8.4.3 Topical
8.5. Market Analysis – By Distribution Channel
8.5.1 Veterinary Hospitals
8.5.2 Veterinary Clinics
8.5.3 Pharmacies & Drug Stores
8.5.4 Others
8.6. Market Analysis – By Country/ Sub-region
8.6.1 Japan
8.6.2 China
8.6.3 India
8.6.4 Australia
8.6.5 Southeast Asia
8.6.6 Rest of Asia Pacific
9. Latin America Veterinary Drugs Market Analysis, Insights and Forecast, 2014-2025
9.1. Key Findings / Summary
9.2. Market Analysis – By Product
9.2.1 Anti-infectives
9.2.2 Anti-inflammatory
9.2.3 Parasiticides
9.2.4 Others
9.3. Market Analysis – By Animal
9.3.1 Companion
9.3.2 Livestock
9.4. Market Analysis – By Route of Administration
9.4.1 Oral
9.4.2 Parenteral
9.4.3 Topical
9.5. Market Analysis – By Distribution Channel
9.5.1 Veterinary Hospitals
9.5.2 Veterinary Clinics
9.5.3 Pharmacies & Drug Stores
9.5.4 Others
9.6. Market Analysis – By Country/Sub-region
9.6.1 Brazil
9.6.2 Mexico
9.6.3 Rest of Latin America
10. Middle East & Africa Veterinary Drugs Market Analysis, Insights and Forecast, 2014-2025
10.1. Key Findings / Summary
10.2. Market Analysis – By Product
10.2.1 Anti-infectives
10.2.2 Anti-inflammatory
10.2.3 Parasiticides
10.2.4 Others
10.3. Market Analysis – By Animal
10.3.1 Companion
10.3.2 Livestock
10.4. Market Analysis – By Route of Administration
10.4.1 Oral
10.4.2 Parenteral
10.4.3 Topical
10.5. Market Analysis – By Distribution Channel
10.5.1 Veterinary Hospitals
10.5.2 Veterinary Clinics
10.5.3 Pharmacies & Drug Stores
10.5.4 Others
10.6. Market Analysis – By Country
10.6.1 South Africa
10.6.2 GCC Countries
10.6.3 Rest of Middle East & Africa
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis (2017)
11.3. Competition Dashboard
11.4. Comparative Analysis – Major Players
11.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
11.5.1 Zoetis
11.5.2 Intervet Inc.
11.5.3 Boehringer Ingelheim International GmbH
11.5.4 Ceva
11.5.5 Elanco
11.5.6 Vetoquinol S.A.
11.5.7 Bayer AG
11.5.8 Other Prominent Players
12. Strategic Recommendations
Continued...
Contact Info:
Name: Ashwin Arora
Email: Send Email
Organization: Fortune Business Insights Pvt. Ltd.
Website: http://www.fortunebusinessinsights.com
Source URL: https://marketersmedia.com/at-56-cagr-market-snapshot-on-veterinary-drugs-market-2019-2025/88916343
Source: MarketersMedia
Release ID: 88916343
More News
Spanish firm set to buy Harland and Wolff
Spain’s state-owned shipbuilder Navantia is in exclusive talks to buy the Belfast-based shipyard.
Cyber wars and global collaboration: Huawei executive on cybersecurity
"Cybersecurity is no longer a weapon of mass disruption but of mass destruction, because it can kill lives," said Aloysius Cheang, Huawei's president of Cybersecurity & Privacy Protection and chief security officer for the Middle East and Central Asia, stressing the increasingly dangerous nature of cyberattacks.
China's economy shows stable overall performance
China's economy has continued to improve and made steady progress in high-quality development, amidst a complex and ever-evolving international landscape.
China's yuan loans grow by 16.02 trillion yuan in first 3 quarters
China's yuan-denominated loans rose by 16.02 trillion yuan (about $2.27 trillion) in the first three quarters of the year. The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed 6.8 percent year on year to 309.48 trillion yuan at the end of September.
China to enhance catalytic role of government investment
On September 26, the Political Bureau of the Central Committee of the Communist Party of China convened a meeting to analyze the current economic situation and outline the next steps for economic work. This meeting not only signaled a shift in China's macroeconomic policy but also showed the country's confidence in achieving its annual economic and social development goals, rallying the entire society to drive sustained economic recovery and improvement.
Ensuring rule-based high-quality development of the private sector
A draft law on China's private sector promotion was released to solicit public opinions last week, marking a significant milestone in the construction of a law-based business environment in China.
How Kamala Harris’s Economic Plan Has Been Shaped by Business Leaders
The vice president has repeatedly incorporated suggestions from business executives into her economic agenda.
China’s Stock Markets Rebound on Promises to Help Businesses
Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.
China reports 5.3% growth in foreign trade over first three quarters
China's foreign trade surged robustly in the first three quarters of 2024, surpassing the 32 trillion yuan ($4.44 trillion) mark for the first time during this period.
‘I lost £165k to fraud in an hour’ - customers say they were let down by Revolut
Revolut was named in more complaints about fraud last year than any of the UK’s biggest banks or e-money services.
TSMC 3rd-quarter profit to jump by 40% amid rising chip demand
TSMC 3rd-quarter profit to jump by 40% amid rising chip demand
John F. Kennedy Jr.’s 1990s-Era Magazine Is Back, With a QAnon Twist
It is a reanimation story strange enough for a zombie movie, made possible by the fact that the original George trademark lapsed, only to be secured by a conservative lawyer.
Evan Gershkovich, U.S. Journalist Imprisoned in Russia, Will Publish a Memoir
The memoir, which will cover his time in prison and Russia’s move toward autocracy, will be published by Crown, an imprint of Penguin Random House.
Dreaming of diamonds: Generations dig for fortune in India's gem town
In Panna, families hunt for diamonds hoping to strike rich and escape the cycle of poverty.
Thousands of cars that crash in US are ending up in Russia
The South Caucasus nation of Georgia has a huge used car market, with many vehicles finding their way over the border.
The Secretive Dynasty That Controls the Boar’s Head Brand
The deli-meat company made its owners fabulously wealthy. But they have remained silent, even as the company faces the biggest scandal in its history.
Watch: Why is the latest SpaceX rocket test a big deal?
The BBC's Pallab Ghosh explores why this world first test is a big deal for space exploration.
Fisher-Price Recalls ‘Snuga Swings’ Linked to Five Infant Deaths
The U.S. Consumer Product Safety Commission announced the recall, which one of its commissioners said was “doomed to fail.”
How Roger Goodell Made the NFL the World’s Wealthiest Sports League
Under the expansionist leadership of its commissioner, the National Football League is growing richer and richer. So, too, is Mr. Goodell.
Pakistan hosting SCO meeting is a turning point for regional diplomacy
Pakistan hosting SCO meeting is a turning point for regional diplomacy
Executives and Research Disagree About Hybrid Work. Why?
Companies like Amazon have required a return to the office five days a week despite findings showing benefits to employers that allow some remote days.
Mortgage costs 'unlikely' to return to low levels
The boss of the UK's biggest lender says mortgage costs are unlikely to fall to levels seen in the past decade.
Budget rule change could mean more money to build hospitals
Here is how the chancellor could choose to tweak the government's borrowing rules to free up more cash.
Port plan to go ahead after row over minister's comments
A £1bn investment will take place, despite a row with the owner of P&O Ferries, says the business secretary.
Why Millennials Prioritize Spending Money to Improve Their Lives
Placing a high value on personal growth, millennials and Gen Z appear more likely than older generations to make hobbies and nonessential purchases a spending priority.
Work Advice: How Can I Get My Male Boss to Notice Me?
When there are men in the room, a female colleague is made to feel invisible.
Filmed in New York, Hold the Taxis and Radiators
When independent movies like “Rosemead” travel to a state for tax incentives, they save money but add creative challenges.
China's consumer prices rose moderately in September
China's consumer prices rose moderately in September. Experts say that market demand is set to rise following the introduction of powerful new policies aimed at stimulating the economy.
California Rejects Bid for More Frequent SpaceX Launches
A commission denied a request to increase the number of rocket launches on the state’s central coast, citing environmental concerns.
Fitch Ratings Issues Warning About France’s Finances
A rating agency’s warning about the country’s ballooning debt comes as the prime minister tries to push an austerity budget through a divided Parliament.
Led by Believers in the City’s Future, Detroit Is on the Rebound
Once the largest city in the U.S. to declare bankruptcy, this Midwestern metropolis is now thriving. But some obstacles still remain.
China stimulus policy blueprint shows passion, patience & perseverance
China's economic policy shift can be viewed through three keywords: passion, patience and perseverance.
P&O owner to attend summit despite row over minister's comments
It had been feared they might pull out after Transport Secretary Louise Haigh criticised the ferry firm and urged consumers to boycott the company.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.