Market Overview:
The global animal healthcare products market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for meat and milk products, rising awareness about animal health, and growing concerns about zoonotic diseases. The global animal healthcare products market is segmented on the basis of type into pharmaceuticals, vaccines, feed additives, and other products. The pharmaceuticals segment is expected to account for the largest share of the global animal healthcare products market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to rising awareness about preventive care among livestock owners and farmers across the globe. On the basis of application,the global animal healthcare productsmarketis divided into poultry, livestock (cattle & swine), pet animals (dogs & cats), and other applications such as aquaculture and equine).
Product Definition:
Animal Healthcare Products are products that are used to keep animals healthy. They can include things like vaccines, antibiotics, and deworming medication. Animal healthcare products are important because they help keep animals healthy and can prevent the spread of disease.
Pharmaceuticals:
Pharmaceuticals are the drugs and medicines used to treat diseases in animals. Pharmaceuticals are also used for preventive care, such as vaccines. The pharmaceutical market is expected to grow at a lucrative rate over the forecast period owing to factors such as increasing demand for animal health products, growing awareness among pet owners regarding their pet’s health along with rising disposable income of consumers globally.
Vaccines:
Vaccines are biological products which act as immunomodulators. They stimulate the body's immune system to produce antibodies against a specific disease-causing microorganism. The most commonly used vaccine is the influenza (flu) vaccine, which prevents people from getting flu by strengthening the immunity of the body against it every year.
Application Insights:
The other application segment includes fish, sea food and aquaculture. The demand for animal healthcare products in this segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to the increasing importance of marine animals in human lives and rising awareness about the need for improving their health conditions.
Poultry was the largest application segment with a revenue share of over 40% in 2017 due largely to high consumption rates of poultry meat globally coupled with rising concerns regarding disease outbreaks among flocks resulting in financial losses. Moreover, growing investments by companies engaged in broiler rearing which is followed by layers are expected to drive product demand further during the forecast period. Feed additives such as antibiotics, vaccines and vitamins are also widely used for livestock management which include cattle, sheep & goats among others thereby contributing significantly towards overall industry growth during the estimated time frame.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing awareness among people for animal health and welfare, high purchasing power of consumers, and presence of a large number of key companies in this region. Asia Pacific is projected to be the fastest-growing regional market over the forecast period owing to rapid economic development coupled with rising disposable income levels among consumers. In addition, governments are taking initiatives for improving animal healthcare facilities which will drive demand further.
Growth Factors:
- Increasing demand for animal healthcare products owing to the rise in pet ownership.
- Growing awareness about the benefits of animal healthcare products among consumers.
- Rising disposable income of consumers, which enables them to spend more on their pets’ health and well-being.
- Proliferation of online retail channels, which offer a wider range of animal healthcare products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Healthcare Products Market Research Report
By Type
Pharmaceuticals, Vaccines, Feed Additives, Other
By Application
Poultry, Livestock, Pet, Other
By Companies
Elanco, Boehringer Ingelheim, Merck Animal Health, Vetiquinol SA, Zoetis, Nutreco, Virbac, Dechra Veterinary Products, Ceva Animal Health, Vetoquinol, Animalcare Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Animal Healthcare Products Market Report Segments:
The global Animal Healthcare Products market is segmented on the basis of:
Types
Pharmaceuticals, Vaccines, Feed Additives, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Poultry, Livestock, Pet, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Elanco
- Boehringer Ingelheim
- Merck Animal Health
- Vetiquinol SA
- Zoetis
- Nutreco
- Virbac
- Dechra Veterinary Products
- Ceva Animal Health
- Vetoquinol
- Animalcare Group
Highlights of The Animal Healthcare Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pharmaceuticals
- Vaccines
- Feed Additives
- Other
- By Application:
- Poultry
- Livestock
- Pet
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Healthcare Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal healthcare products are any products used to care for animals, including veterinary medicines, food, water and shelter.
Some of the major players in the animal healthcare products market are Elanco, Boehringer Ingelheim, Merck Animal Health, Vetiquinol SA, Zoetis, Nutreco, Virbac, Dechra Veterinary Products, Ceva Animal Health, Vetoquinol, Animalcare Group.
The animal healthcare products market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Animal Healthcare Products Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Animal Healthcare Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Animal Healthcare Products Market - Supply Chain
4.5. Global Animal Healthcare Products Market Forecast
4.5.1. Animal Healthcare Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Animal Healthcare Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Animal Healthcare Products Market Absolute $ Opportunity
5. Global Animal Healthcare Products Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Animal Healthcare Products Market Size and Volume Forecast by Type
5.3.1. Pharmaceuticals
5.3.2. Vaccines
5.3.3. Feed Additives
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Animal Healthcare Products Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Animal Healthcare Products Market Size and Volume Forecast by Application
6.3.1. Poultry
6.3.2. Livestock
6.3.3. Pet
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Animal Healthcare Products Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Animal Healthcare Products Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Animal Healthcare Products Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Animal Healthcare Products Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Animal Healthcare Products Demand Share Forecast, 2019-2026
9. North America Animal Healthcare Products Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Animal Healthcare Products Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Animal Healthcare Products Market Size and Volume Forecast by Application
9.4.1. Poultry
9.4.2. Livestock
9.4.3. Pet
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Animal Healthcare Products Market Size and Volume Forecast by Type
9.7.1. Pharmaceuticals
9.7.2. Vaccines
9.7.3. Feed Additives
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Animal Healthcare Products Demand Share Forecast, 2019-2026
10. Latin America Animal Healthcare Products Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Animal Healthcare Products Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Animal Healthcare Products Market Size and Volume Forecast by Application
10.4.1. Poultry
10.4.2. Livestock
10.4.3. Pet
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Animal Healthcare Products Market Size and Volume Forecast by Type
10.7.1. Pharmaceuticals
10.7.2. Vaccines
10.7.3. Feed Additives
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Animal Healthcare Products Demand Share Forecast, 2019-2026
11. Europe Animal Healthcare Products Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Animal Healthcare Products Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Animal Healthcare Products Market Size and Volume Forecast by Application
11.4.1. Poultry
11.4.2. Livestock
11.4.3. Pet
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Animal Healthcare Products Market Size and Volume Forecast by Type
11.7.1. Pharmaceuticals
11.7.2. Vaccines
11.7.3. Feed Additives
11.7.4. Other
11.8. Basis Poit Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Animal Healthcare Products Demand Share, 2019-2026
12. Asia Pacific Animal Healthcare Products Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Animal Healthcare Products Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Animal Healthcare Products Market Size and Volume Forecast by Application
12.4.1. Poultry
12.4.2. Livestock
12.4.3. Pet
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Animal Healthcare Products Market Size and Volume Forecast by Type
12.7.1. Pharmaceuticals
12.7.2. Vaccines
12.7.3. Feed Additives
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Animal Healthcare Products Demand Share, 2019-2026
13. Middle East & Africa Animal Healthcare Products Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Animal Healthcare Products Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Animal Healthcare Products Market Size and Volume Forecast by Application
13.4.1. Poultry
13.4.2. Livestock
13.4.3. Pet
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Animal Healthcare Products Market Size and Volume Forecast by Type
13.7.1. Pharmaceuticals
13.7.2. Vaccines
13.7.3. Feed Additives
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Animal Healthcare Products Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Animal Healthcare Products Market: Market Share Analysis
14.2. Animal Healthcare Products Distributors and Customers
14.3. Animal Healthcare Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Elanco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boehringer Ingelheim
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Merck Animal Health
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vetiquinol SA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zoetis
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nutreco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Virbac
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dechra Veterinary Products
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ceva Animal Health
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vetoquinol
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Animalcare Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
