Market Overview:
The global farm animal drugs market is expected to grow at a CAGR of 5.5% 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 food safety. The global farm animal drugs market is segmented on the basis of type into anti-infective, parasiticides, anti-inflammatory, anesthetics, analgesics, hormones and related products, and others. The anti-infective segment is expected to account for the largest share of the global farm animal drugs market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to increasing incidences of livestock diseases across the globe. On the basis of application, livestock animals accounted for majority share in 2017 and are projected dominate over other applications by 2030 owing high population density as well as rising disposable income levels across developing countries including China & India that has led towards increased consumption rates per capita globally with respect poultry meat production which will further boost up demand over coming years .
Product Definition:
Farm animal drugs are used to treat and prevent diseases in farm animals. They are important because they help keep animals healthy and productive.
Anti-Infective:
Antifungal drugs are used to prevent or reduce fungal infections in animals. Fungal diseases are common and often fatal in farm animals, as they can pass from animal to animal by way of a zoonotic route. These diseases include histoplasmosis, blastomycosis, paratyphoid fever, and mucormycosis among others.
Parasiticides:
Parasiticides are used to eliminate or reduce the population of parasites in an animal. It is also known as anti-parasitic drug. There are different types of parasiticides available in the market, which can be used for various purposes such as treatment and control of parasitic diseases, improving health and performance by reducing pathogenic organisms (bacteria & viruses) among others.
Application Insights:
Livestock animals held the largest share of more than 60.0% in 2017. The growing importance of animal protein as a source of food and its high demand owing to rising disposable income levels among consumers are expected to boost the market over the forecast period. Moreover, increasing investments by companies for R&D activities related to new drugs for livestock is further anticipated to propel growth during the study period.
The equine segment is expected register fastest CAGR exceeding 10% from 2018 to 2030 on account of increasing awareness about horse ownership amongst individuals preferring pets over children ornaments and racing horses as sources of entertainment and leisure activities in countries such as U.K.
Regional Analysis:
Asia Pacific dominated the global farm animal drugs market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to rapid economic growth and increasing livestock production in countries such as China, India, Brazil and Russia. Furthermore, rising awareness among farmers regarding modern farming techniques is anticipated to fuel industry expansion over the coming years.
North America accounted for a significant share of revenue in 2017 due to high demand for meat products coupled with stringent regulations by government agencies such as FDA and EPA pertaining to drug residues in meat products after they are marketed.
Growth Factors:
- Increasing demand for meat and dairy products from developing countries is expected to drive the growth of the Farm Animal Drugs market.
- Rising awareness about the benefits of consuming organic meat and dairy products is projected to fuel the demand for Farm Animal Drugs in the near future.
- Growing concerns about food safety and animal welfare are likely to propel the growth of this market in years to come.
- The increasing use of antibiotics in livestock farming is anticipated to create lucrative opportunities for Farm Animal Drugs manufacturers in forthcoming years. 5) Technological advancements that help improve farm productivity are likely to boost demand for these drugs over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Farm Animal Drugs Market Research Report
By Type
Anti-Infective, Parasiticides, Anti-inflammatory, Anesthetics, Analgesics, Hormones and Related Products, Others
By Application
Livestock Animals, Equine
By Companies
Bayer, Boehringer, Zoetis, Ceva Sante, Dechra, Elanco, Merck, Virba, Vetoquinol, Intas
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Farm Animal Drugs Market Report Segments:
The global Farm Animal Drugs market is segmented on the basis of:
Types
Anti-Infective, Parasiticides, Anti-inflammatory, Anesthetics, Analgesics, Hormones and Related Products, Others
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
Livestock Animals, Equine
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:
- Bayer
- Boehringer
- Zoetis
- Ceva Sante
- Dechra
- Elanco
- Merck
- Virba
- Vetoquinol
- Intas
Highlights of The Farm Animal Drugs 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:
- Anti-Infective
- Parasiticides
- Anti-inflammatory
- Anesthetics
- Analgesics
- Hormones and Related Products
- Others
- By Application:
- Livestock Animals
- Equine
- 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 Farm Animal Drugs 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
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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?
Farm animal drugs are medications used on farm animals. They are typically given to cows, pigs, chickens, and other animals that are raised for their meat or milk.
Some of the major companies in the farm animal drugs market are Bayer, Boehringer, Zoetis, Ceva Sante, Dechra, Elanco, Merck, Virba, Vetoquinol, Intas.
The farm animal drugs market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Farm Animal Drugs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Farm Animal Drugs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Farm Animal Drugs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Farm Animal Drugs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Farm Animal Drugs Market Size & Forecast, 2020-2028
4.5.1 Farm Animal Drugs Market Size and Y-o-Y Growth
4.5.2 Farm Animal Drugs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Anti-Infective
5.2.2 Parasiticides
5.2.3 Anti-inflammatory
5.2.4 Anesthetics
5.2.5 Analgesics
5.2.6 Hormones and Related Products
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Livestock Animals
6.2.2 Equine
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Farm Animal Drugs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Farm Animal Drugs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Anti-Infective
9.6.2 Parasiticides
9.6.3 Anti-inflammatory
9.6.4 Anesthetics
9.6.5 Analgesics
9.6.6 Hormones and Related Products
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Livestock Animals
9.10.2 Equine
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Anti-Infective
10.6.2 Parasiticides
10.6.3 Anti-inflammatory
10.6.4 Anesthetics
10.6.5 Analgesics
10.6.6 Hormones and Related Products
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Livestock Animals
10.10.2 Equine
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Anti-Infective
11.6.2 Parasiticides
11.6.3 Anti-inflammatory
11.6.4 Anesthetics
11.6.5 Analgesics
11.6.6 Hormones and Related Products
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Livestock Animals
11.10.2 Equine
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Anti-Infective
12.6.2 Parasiticides
12.6.3 Anti-inflammatory
12.6.4 Anesthetics
12.6.5 Analgesics
12.6.6 Hormones and Related Products
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Livestock Animals
12.10.2 Equine
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Anti-Infective
13.6.2 Parasiticides
13.6.3 Anti-inflammatory
13.6.4 Anesthetics
13.6.5 Analgesics
13.6.6 Hormones and Related Products
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Livestock Animals
13.10.2 Equine
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Farm Animal Drugs Market: Competitive Dashboard
14.2 Global Farm Animal Drugs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bayer
14.3.2 Boehringer
14.3.3 Zoetis
14.3.4 Ceva Sante
14.3.5 Dechra
14.3.6 Elanco
14.3.7 Merck
14.3.8 Virba
14.3.9 Vetoquinol
14.3.10 Intas
