Market Overview:
The global farm animal healthcare market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for meat and dairy products, rising awareness about animal health, and the increasing incidence of zoonotic diseases. The global farm animal healthcare market by type is segmented into vaccines, parasiticides, anti-infectives, medicinal feed additives, and other pharmaceuticals. The vaccines segment accounted for the largest share of the global farm animal healthcare market in 2017 and is projected to grow at a CAGR of 6% from 2018 to 2030. This growth can be attributed to the increasing demand for safe food products and rising awareness about preventive measures against diseases in animals.
Product Definition:
Farm Animal Healthcare is the term used to describe the various aspects of care that are necessary to keep farm animals healthy. This includes providing adequate shelter, food, water, and veterinary care. The importance of Farm Animal Healthcare cannot be overstated, as it helps ensure that these animals are able to produce food for humans and contribute to the economy.
Vaccines:
A vaccine is a medical product primarily designed to stimulate an immune response to prevent disease. The most common way of vaccination is by using vaccines for diseases that are already occurring in the animal or human population. Some vaccines are also given prophylactically, this procedure involves giving the animal or human being antibodies against certain harmful bacteria, viruses or other microorganisms that may cause disease later on.
The global farm animal healthcare market has been witnessing significant growth over the past few years.
Paraciticides:
Paraciticides are used to control the population of parasites in animals. They are mainly used for de-parasitizing and detoxifying animals.
Ivermectin is widely used as a paraciticide.
Application Insights:
Cattle accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the rising demand for meat and dairy products across the globe. Moreover, increasing cattle population has led to increased fencing requirements which has resulted in higher spending on farm animal healthcare.
The swine sector is expected to witness significant growth over the forecast period owing to its ability to produce high quality pork and other products such as bacon, ham, lard and sausage with a low input cost. The segment also offers considerable opportunities due mainly to growing consumption of these products by consumers from emerging countries such as China, India & Brazil who are increasingly becoming consumers of specialty food items with improved nutritional value.
Regional Analysis:
Asia Pacific dominated the global farm animal healthcare market in 2017. This is due to increasing meat consumption and rising awareness regarding animal health. China, India, Japan, Australia and New Zealand are the major markets in this region. The growing livestock population has led to increased demand for feed additives such as vaccines and parasiticides which will drive growth over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to high demand from end-users such as food processing industries and pet food manufacturers who prefer pharmaceutical products over others on account of their efficacy & safety along with low toxicity level compared to synthetic counterparts used commonly across this region.
Growth Factors:
- Increasing demand for meat and dairy products: The global population is growing at a rapid pace and the demand for meat and dairy products is increasing correspondingly. This is driving the growth of the farm animal healthcare market as well.
- Rising awareness about animal health: There has been a rise in awareness among people about the importance of animal health, which is driving the growth of the farm animal healthcare market.
- Growing focus on food safety: With an increase in cases of foodborne illnesses, there has been a growing focus on ensuring food safety across all sectors, including agriculture. This is benefiting the farm animal healthcare market as well.
- Technological advancements: The field of veterinary medicine has seen significant advancements in recent years, with new technologies being developed to improve diagnosis and treatment options for animals. This is helping to drive growth in the farm animal healthcare market . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Farm Animal Healthcare Market Research Report
By Type
Vaccines, Paraciticides, Anti-Infectives, Medicinal Feed Additives, Other Pharmaceuticals
By Application
Cattle, Swine, Poultry, Fish, Sheep, Others
By Companies
Bayer Healthcare, Boehringer Ingelheim, Ceva Animal Health, Elanco, Merck, Sanofi, Virbac, Zoetis Animal Healthcare, Bayer Healthcare
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Farm Animal Healthcare Market Report Segments:
The global Farm Animal Healthcare market is segmented on the basis of:
Types
Vaccines, Paraciticides, Anti-Infectives, Medicinal Feed Additives, Other Pharmaceuticals
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
Cattle, Swine, Poultry, Fish, Sheep, Others
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 Healthcare
- Boehringer Ingelheim
- Ceva Animal Health
- Elanco
- Merck
- Sanofi
- Virbac
- Zoetis Animal Healthcare
- Bayer Healthcare
Highlights of The Farm Animal Healthcare 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:
- Vaccines
- Paraciticides
- Anti-Infectives
- Medicinal Feed Additives
- Other Pharmaceuticals
- By Application:
- Cattle
- Swine
- Poultry
- Fish
- Sheep
- Others
- 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 Healthcare 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 Healthcare is the practice of providing veterinary care to farm animals. This includes everything from diagnosing and treating common illnesses and injuries to performing surgeries when necessary.
Some of the major players in the farm animal healthcare market are Bayer Healthcare, Boehringer Ingelheim, Ceva Animal Health, Elanco, Merck, Sanofi, Virbac, Zoetis Animal Healthcare, Bayer Healthcare.
The farm animal healthcare market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Farm Animal Healthcare 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 Healthcare Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Farm Animal Healthcare 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 Healthcare 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 Healthcare Market Size & Forecast, 2020-2028
4.5.1 Farm Animal Healthcare Market Size and Y-o-Y Growth
4.5.2 Farm Animal Healthcare 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 Vaccines
5.2.2 Paraciticides
5.2.3 Anti-Infectives
5.2.4 Medicinal Feed Additives
5.2.5 Other Pharmaceuticals
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 Cattle
6.2.2 Swine
6.2.3 Poultry
6.2.4 Fish
6.2.5 Sheep
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Farm Animal Healthcare 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 Healthcare 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 Vaccines
9.6.2 Paraciticides
9.6.3 Anti-Infectives
9.6.4 Medicinal Feed Additives
9.6.5 Other Pharmaceuticals
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 Cattle
9.10.2 Swine
9.10.3 Poultry
9.10.4 Fish
9.10.5 Sheep
9.10.6 Others
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 Vaccines
10.6.2 Paraciticides
10.6.3 Anti-Infectives
10.6.4 Medicinal Feed Additives
10.6.5 Other Pharmaceuticals
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 Cattle
10.10.2 Swine
10.10.3 Poultry
10.10.4 Fish
10.10.5 Sheep
10.10.6 Others
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 Vaccines
11.6.2 Paraciticides
11.6.3 Anti-Infectives
11.6.4 Medicinal Feed Additives
11.6.5 Other Pharmaceuticals
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 Cattle
11.10.2 Swine
11.10.3 Poultry
11.10.4 Fish
11.10.5 Sheep
11.10.6 Others
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 Vaccines
12.6.2 Paraciticides
12.6.3 Anti-Infectives
12.6.4 Medicinal Feed Additives
12.6.5 Other Pharmaceuticals
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 Cattle
12.10.2 Swine
12.10.3 Poultry
12.10.4 Fish
12.10.5 Sheep
12.10.6 Others
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 Vaccines
13.6.2 Paraciticides
13.6.3 Anti-Infectives
13.6.4 Medicinal Feed Additives
13.6.5 Other Pharmaceuticals
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 Cattle
13.10.2 Swine
13.10.3 Poultry
13.10.4 Fish
13.10.5 Sheep
13.10.6 Others
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 Healthcare Market: Competitive Dashboard
14.2 Global Farm Animal Healthcare Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bayer Healthcare
14.3.2 Boehringer Ingelheim
14.3.3 Ceva Animal Health
14.3.4 Elanco
14.3.5 Merck
14.3.6 Sanofi
14.3.7 Virbac
14.3.8 Zoetis Animal Healthcare
14.3.9 Bayer Healthcare
