Market Overview:
The global homeopathic veterinary medicines market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural and organic products, rising awareness about homeopathy among pet owners, and growing number of veterinary clinics offering homeopathic treatments. Based on type, the global homeopathic veterinary medicines market is segmented into plant-derived, animal-derived, and mineral-based products. Of these, the plant-derived product segment is expected to account for a major share of the global market in terms of revenue during the forecast period. This can be attributed to factors such as increasing consumer preference for herbal remedies and rising demand for organic livestock products. On the basis of application, the global homeopathic veterinary medicines market is divided into cat health care, dog health care Cow health care Chicken health care Others (piglets/lambs/rabbits). The cat healthcare segment accounted for a major share of revenue in 2017 owing to high prevalence rateof feline diseases across different geographies coupled with growing trendof pet adoptionamong urban population segments in developed countries such as U.S., Canada Europe etc. However;the dog healthcare segmentis projectedto grow at highest CAGRduring2018–2030duegrowing popularity oftreating dogs as family membersand increase incustomers’ expenditureon their pets’healthcarein various regions across globe .
Product Definition:
Homeopathic Veterinary Medicine is a branch of veterinary medicine that uses homeopathy as its primary form of treatment. Homeopathy is a form of alternative medicine that relies on the use of extremely diluted substances to treat symptoms. Homeopathic veterinarians believe that this approach can be used to treat a wide variety of conditions in animals, including both chronic and acute illnesses.
The importance of homeopathic veterinary medicines lies in the fact that they are believed to be safe and effective for treating many different types of animal illnesses, without the use of harsh chemicals or other potentially harmful treatments. Additionally, homeopathic remedies are often less expensive than traditional medications, making them an attractive option for pet owners on a budget.
Plant-derived:
Plant-derived products are used in homeopathic veterinary medicines to treat various conditions in animals. These products have been used for a long time and their usage is not restricted to humans alone. Homeopathy has proved its efficiency in treating several diseases by using plant extracts, which act as an adjuvant with the disease-causing bacteria or virus. The active ingredients extracted from plants can control certain viruses, bacteria, and fungi that cause diseases in animals too.
Animal-derived:
The global animal-derived and its usage in homeopathic veterinary medicines market size was valued at USD 1.5 billion in 2015. The increasing demand for meat, milk & dairy products coupled with the growing pet population is expected to drive growth over the forecast period. Furthermore, rising awareness among consumers regarding pet health and well-being is anticipated to propel growth over the next seven years.
North America animal-derived.
Application Insights:
The cat application segment led the global market in 2017. The growing trend of owning a pet cat is the key factor for this dominance. According to a survey, cats are considered as family members in more than 60% of the households across Europe and North America. This high preference for cats over other animals can be attributed to their affordability, ease of care and maintenance, and availability in different sizes and colors that appeal to different people irrespective of age or gender. Moreover, according to an article published by National Geographic magazine in 2019 titled ¢â‚¬Å“Cat ownership around the world¢â‚¬ based on data from American Pet Products Association (APPA), there were 94 million U.S.
Regional Analysis:
Europe dominated the global market in 2017. The presence of a large number of pet owners coupled with high spending on homeopathy is one major factor contributing to its largest share. Moreover, the growing trend of alternative medicine and increasing awareness about animal health are also expected to drive growth during the forecast period. Asia Pacific is estimated to be fastest-growing region over the forecast period owing to rising pet adoption along with increasing awareness about veterinary healthcare services in emerging economies such as India and China. Furthermore, government initiatives for controlling livestock diseases are also anticipated to propel regional demand during the same period.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of homeopathic veterinary medicines
- Growing number of pet owners in developed countries
- Availability of homeopathic veterinary medicines through online channels
- Proliferation of research on the efficacy of homeopathic veterinary medicines
Scope Of The Report
Report Attributes
Report Details
Report Title
Homeopathic Veterinary Medicines Market Research Report
By Type
Plant-derived, Animal-derived, Minerals
By Application
Cat, Dog, Cow, Chicken, Others
By Companies
animalEO, Dorwest Herbs Ltd., Goel Vet Pharma, Helios Homeopathy Ltd., Hivet, Omida AG, CURE WELL HOMOEO PHARMACY, Dr. Reckeweg & Co. GmbH, Biologische Heilmittel Heel GmbH
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Homeopathic Veterinary Medicines Market Report Segments:
The global Homeopathic Veterinary Medicines market is segmented on the basis of:
Types
Plant-derived, Animal-derived, Minerals
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
Cat, Dog, Cow, Chicken, 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:
- animalEO
- Dorwest Herbs Ltd.
- Goel Vet Pharma
- Helios Homeopathy Ltd.
- Hivet
- Omida AG
- CURE WELL HOMOEO PHARMACY
- Dr. Reckeweg & Co. GmbH
- Biologische Heilmittel Heel GmbH
Highlights of The Homeopathic Veterinary Medicines 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:
- Plant-derived
- Animal-derived
- Minerals
- By Application:
- Cat
- Dog
- Cow
- Chicken
- 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 Homeopathic Veterinary Medicines 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.
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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?
Homeopathic veterinary medicines are a type of medication that is made from plants, minerals, and other natural substances. They are often used to treat animals with minor health problems.
Some of the major players in the homeopathic veterinary medicines market are animalEO, Dorwest Herbs Ltd., Goel Vet Pharma, Helios Homeopathy Ltd., Hivet, Omida AG, CURE WELL HOMOEO PHARMACY, Dr. Reckeweg & Co. GmbH, Biologische Heilmittel Heel GmbH.
The homeopathic veterinary medicines market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Homeopathic Veterinary Medicines 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 Homeopathic Veterinary Medicines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Homeopathic Veterinary Medicines 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 Homeopathic Veterinary Medicines 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 Homeopathic Veterinary Medicines Market Size & Forecast, 2020-2028 4.5.1 Homeopathic Veterinary Medicines Market Size and Y-o-Y Growth 4.5.2 Homeopathic Veterinary Medicines 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 Plant-derived
5.2.2 Animal-derived
5.2.3 Minerals
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 Cat
6.2.2 Dog
6.2.3 Cow
6.2.4 Chicken
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Homeopathic Veterinary Medicines 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 Homeopathic Veterinary Medicines 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 Plant-derived
9.6.2 Animal-derived
9.6.3 Minerals
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 Cat
9.10.2 Dog
9.10.3 Cow
9.10.4 Chicken
9.10.5 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 Plant-derived
10.6.2 Animal-derived
10.6.3 Minerals
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 Cat
10.10.2 Dog
10.10.3 Cow
10.10.4 Chicken
10.10.5 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 Plant-derived
11.6.2 Animal-derived
11.6.3 Minerals
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 Cat
11.10.2 Dog
11.10.3 Cow
11.10.4 Chicken
11.10.5 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 Plant-derived
12.6.2 Animal-derived
12.6.3 Minerals
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 Cat
12.10.2 Dog
12.10.3 Cow
12.10.4 Chicken
12.10.5 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 Plant-derived
13.6.2 Animal-derived
13.6.3 Minerals
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 Cat
13.10.2 Dog
13.10.3 Cow
13.10.4 Chicken
13.10.5 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 Homeopathic Veterinary Medicines Market: Competitive Dashboard
14.2 Global Homeopathic Veterinary Medicines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 animalEO
14.3.2 Dorwest Herbs Ltd.
14.3.3 Goel Vet Pharma
14.3.4 Helios Homeopathy Ltd.
14.3.5 Hivet
14.3.6 Omida AG
14.3.7 CURE WELL HOMOEO PHARMACY
14.3.8 Dr. Reckeweg & Co. GmbH
14.3.9 Biologische Heilmittel Heel GmbH