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Animal Pharmaceuticals Market- Global Growth, Trends and Forecast (2022 - 2029) By Type (Vaccines and Veterinary Drugs) By Product (Anti-inflammatories, Bronchodilators, Ectoparasiticides, and Endoparasiticides) and By Regions

28 Jun, 2022 | 159 Pages
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Over the forecast period, the Animal Pharmaceuticals Market will register a CAGR of 7.6 % in terms of revenue and the global market size will reach USD 19.8 Billion by 2029

Animal Pharmaceuticals Market Overview

Multiple blockbuster medications for cats and dogs have been introduced in recent years, with annual sales exceeding $100 million. Animal medicines are extremely useful for diagnosing and treating animal diseases. As new economies arise, more governments and pharmaceutical firms are investing in animal healthcare, propelling the industry ahead. Government regulations governing animal testing, as well as the possibility of bogus pharmaceuticals being sold on e-commerce platforms, might be constraining issues for the industry.

Growing milk and meat consumption, the increasing trend of pet adoption, and the rising frequency of foodborne and zoonotic infections are all driving the worldwide animal medicines industry. Animals are adopted for companionship or as a form of home or workplace protection, making them an important part of modern human life. As a result, it's critical to consider their well-being and health. As a result, the growing demand for pets, as well as the stronger link between humans and animals, are propelling the animal medicines business ahead.

What is our Animal Pharmaceuticals Market report scope?

 

Report Attributes

 

 

Report Details

 

Forecast Period 2022 to 2029

 

CAGR of 7.6 % during the review period (2022 to 2029).

 

By Type

  • Vaccines
  • Veterinary Drugs

 

By Product

 

 

 

 

  • Anti-inflammatories
  • Bronchodilators
  • Ectoparasiticides
  • Endoparasiticides

By End-User

  • Hospitals
  • Laboratories
  • Veterinary Clinics

 

 

 

By Companies

  • Zoetis Inc
  • Merck & Company Inc.
  • Boehringer Ingelheim GmbH
  • Elanco Animal Health Inc.
  • Vetoquinol SA
  • Virbac SA
  • Phibro Animal Health Corporation
  • Ceva Sante Animale S.A
  • Covetrus Inc.
  • Biogenesis Bago SA
  • Neogen Corporation Ltd.
  • Dechra Pharmaceuticals PLC
  • ImmuCell Corporation
  • Krka, tovarna zdravil, d. d., Novo Mesto
  • ECO Animal Health Ltd

 

 

 

Regions Covered

 

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

 

 

 

 

 

 

 

 

Countries Covered

  • US
  • Canada
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • Middle East & Africa
  • Latin America

 

Historical Year

 

 

2017 to 2021

Forecast Year

 

2022 to 2029

Number of Pages

159

 

Customization Available

 

 

Yes, the report can be customized as per your needs

Who are the Major Players in Animal Pharmaceuticals Market?

Market Growth Reports lists out all the Animal Pharmaceuticals Market companies that are presently striving to reduce the impact of the Covid-19 pandemic on the Market- Zoetis Inc, Merck & Company Inc., Boehringer Ingelheim GmbH, Elanco Animal Health Inc., Vetoquinol SA, Virbac SA, Phibro Animal Health Corporation, Ceva Sante Animale S.A, Covetrus Inc., Biogenesis Bago SA, Neogen Corporation Ltd., Dechra Pharmaceuticals PLC, ImmuCell Corporation, Krka, tovarna zdravil, d. d., Novo mesto, ECO Animal Health Ltd, Others

Industry News:

Merck invested USD 100 million

Merck funded USD 100 million in facility expansion and upgrading work at its De Soto, Kansas manufacturing plant in June 2020. The vaccine production facility was also expanded at this location, boosting the company's manufacturing capacity.

What are the major Types, Product and End User for Animal Pharmaceuticals Market?

By Type, it is segmented into

  • Vaccines
  • Veterinary Drugs

By Product it is segmented into

  • Anti-inflammatories
  • Bronchodilators
  • Ectoparasiticides
  • Endoparasiticides

By End User, it is segmented into

  • Hospitals
  • Laboratories
  • Veterinary Clinics

Animal Pharmaceuticals Market Regional Analysis

North America was the leading market for companion animal medications in 2020, followed by Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America's big proportion may be linked to the region's well-established animal health sectors, high adoption of companion animals, rising parasite infection rates, a huge number of hospitals and clinics, a growing pool of veterinarians, and growing expenditure on animal health. The increasing number of research activities, financing, and public awareness efforts in the field of veterinary health management is also predicted to fuel market expansion.

 

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Middle East & Africa
    • Latin America
  1. INTRODUCTION
    • MARKET DEFINITION
    • MARKET DYNAMICS
    • MARKET SEGMENTATION
    • REPORT TIMELINES
    • KEY STAKEHOLDERS
  2. RESEARCH METHODOLOGY
    • DATA MINING
      • SECONDARY RESEARCH
      • PRIMARY RESEARCH
      • SUBJECT MATTER EXPERT ADVICE
    • QUALITY CHECK
    • FINAL REVIEW
      • DATA TRIANGULATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
      • RESEARCH FLOW
  3. EXECUTIVE SUMMARY
    • INTRODUCTION
    • GLOBAL JOINT REPAIRING ADDITIVE MARKET BY TYPE
    • GLOBAL JOINT REPAIRING ADDITIVE MARKET BY PRODUCT
    • GLOBAL JOINT REPAIRING ADDITIVE MARKET BY END-USER
  4. MARKET DYNAMICS
    • DRIVERS
      • INCREASING GERIATRIC POPULATION AND PREVALENCE OF CHRONIC DISEASE
    • RESTRAINTS
      • STRINGENT ENVIRONMENTAL REGULATIONS
      • HIGH COST OF MATERIALS
    • OPPORTUNITIES
      • JOINT REPAIRING ADDITIVE GROWTH
    • APPLICATION OF JOINT REPAIRING ADDITIVE IMPACT OF COVID 19
  5. GLOBAL JOINT REPAIRING ADDITIVE MARKET, BY TYPE
    • INTRODUCTION
    • VACCINES
    • VETERINARY DRUGS
  6. GLOBAL JOINT REPAIRING ADDITIVE MARKET, BY PRODUCT
    • INTRODUCTION
    • ANTI-INFLAMMATORIES
    • BRONCHODILATORS
    • ECTOPARASITICIDES
    • ENDOPARASITICIDES
  7. GLOBAL JOINT REPAIRING ADDITIVE MARKET, BY END-USER
    • INTRODUCTION
    • HOSPITALS
    • LABORATORIES
    • VETERINARY CLINICS
  8. GLOBAL JOINT REPAIRING ADDITIVE MARKET, BY REGION
    • NORTH AMERICA
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • GERMANY
      • FRANCE
      • UK
      • ITALY
      • RUSSIA
      • REST OF EUROPE
    • APAC
      • CHINA
      • SOUTH KOREA
      • JAPAN
      • INDIA
      • AUSTRALIA
      • ASEAN
      • REST OF APAC
    • MIDDLE EAST AND AFRICA
      • SAUDI ARABIA
      • UAE
      • SOUTH AFRICA
      • TURKEY
      • REST OF MEA
    • SOUTH AMERICA
      • BRAZIL
      • REST OF MEA
      • ARGENTINA
      • REST OF SOUTH AMERICA
  9. COMPETITIVE LANDSCAPE
    • MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,
    • AND AGREEMENTS
      • KEY DEVELOPMENT
    • MARKET SHARE PERCENT/RANKING ANALYSIS
    • STRATEGIES ADOPTED BY LEADING PLAYERS
  10. COMPANY PROFILES
    • BUSINESS OVERVIEW
    • COMPANY SNAPSHOT
    • PRODUCT BENCHMARKING
    • STRATEGIC INITIATIVES
  1. ZOETIS INC
  2. MERCK & COMPANY INC.
  3. BOEHRINGER INGELHEIM GMBH
  4. ELANCO ANIMAL HEALTH INC.
  5. VETOQUINOL SA
  6. VIRBAC SA
  7. PHIBRO ANIMAL HEALTH CORPORATION
  8. CEVA SANTE ANIMALE S.A
  9. COVETRUS INC.
  10. BIOGENESIS BAGO SA
  11. NEOGEN CORPORATION LTD

 

 

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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Our Clients

  • Korean Institute of Tuberculosis
  • Sanyo chemical Industries LTD
  • Novartis
  • Hisamitsu
  • Pfizer
  • AbbVie
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  • Zeon Corporation
  • Abbott (Established Pharmaceutical Products)
  • Sinopharm (pharmaceutical distribution segment)
  • Takeda Pharmaceutical
  • Gilead Sciences
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  • Zavation
  • Permobil
  • Ansell
  • Cefla