Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Veterinary Medication Market by Type (Oral, Injection, Other), By Application (Companion Animals, Livestock Animals) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Veterinary Medication Market by Type (Oral, Injection, Other), By Application (Companion Animals, Livestock Animals) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 326121 4200 Chemical & Material 377 211 Pages 4.8 (42)
                                          

Market Overview:


The global veterinary medication market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for animal-derived food products, rising awareness about animal health and hygiene, and growing companion animal population. In terms of type, the oral segment is expected to dominate the market during the forecast period owing to its ease of use and low cost as compared to other types of veterinary medications. By application, livestock animals are expected to account for a larger share of the global veterinary medication market during the forecast period as compared to companion animals.


Global Veterinary Medication Industry Outlook


Product Definition:


Veterinary medication is a type of medication that is used to treat or prevent diseases in animals. It is important because it can help keep animals healthy and can help treat illnesses.


Oral:


Oral is a form of medication which is given to animals in the form of feeding tube or by mouth. It can be administered through syringes, pellets, tablets or powders. The drug absorption process involves various steps such as dissolution, disintegration and enteric coating followed by administration to the patient.


Global Oral Medication Market Size & Forecast By Animal (Poultry ( Chicken , ducks.


Injection:


Injection is a method of delivering medication into the body. Injectables are different from oral medications in that they are given by injection. They can be administered through a needle and syringe or directly into the vein with an insulin pen, which is sometimes preferred for children because it eliminates messiness (losing needles) associated with self-administration of liquid medicine doses.


Application Insights:


The companion animals segment held the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing pet ownership, especially in developed countries like U.S., Canada, U.K.


Regional Analysis:


North America dominated the global market in 2017. This can be attributed to high animal population, rising pet ownership, and increasing awareness among people for using medication for animal health. Moreover, presence of key players such as Zoetis; Elanco; and Merck is also one of the major factors contributing to market growth in this region. For instance, Zoetis has launched a new product ‘Zoetiz’ which is an chewable tablet that helps in treating and preventing diarrhea caused by poultry flu virus infection in chickens.


Asia Pacific is expected to witness lucrative growth over the forecast period owing to rapid increase in livestock population along with growing demand from developing countries such as India & China & Australia etc.


Growth Factors:


  • Increasing demand for pet ownership
  • Rising awareness about animal health and preventive care
  • Growing number of veterinary clinics and hospitals
  • Proliferation of e-commerce platforms for pet medication sales
  • Technological advancements in veterinary medication

Scope Of The Report

Report Attributes

Report Details

Report Title

Veterinary Medication Market Research Report

By Type

Oral, Injection, Other

By Application

Companion Animals, Livestock Animals

By Companies

Boehringer Ingelheim, Zoetis, Elanco Animal Health, Bayer Animal Health, Merck Animal Health, Virbac, Dechra Veterinary Products, Ceva, Vetoquinol, Meiji, Boehringer Ingelheim, Animalcare Group, Parnell

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

211

Number of Tables & Figures

148

Customization Available

Yes, the report can be customized as per your need.


Global Veterinary Medication Market Report Segments:

The global Veterinary Medication market is segmented on the basis of:

Types

Oral, Injection, 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

Companion Animals, Livestock Animals

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:

  1. Boehringer Ingelheim
  2. Zoetis
  3. Elanco Animal Health
  4. Bayer Animal Health
  5. Merck Animal Health
  6. Virbac
  7. Dechra Veterinary Products
  8. Ceva
  9. Vetoquinol
  10. Meiji
  11. Boehringer Ingelheim
  12. Animalcare Group
  13. Parnell

Global Veterinary Medication Market Overview


Highlights of The Veterinary Medication Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Oral
    2. Injection
    3. Other
  1. By Application:

    1. Companion Animals
    2. Livestock Animals
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Veterinary Medication 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

Global Veterinary Medication Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Veterinary medication is any drug or other substance used by veterinarians to treat animals. Veterinary medications can be administered orally, topically, or by injection.

Some of the major players in the veterinary medication market are Boehringer Ingelheim, Zoetis, Elanco Animal Health, Bayer Animal Health, Merck Animal Health, Virbac, Dechra Veterinary Products, Ceva, Vetoquinol, Meiji, Boehringer Ingelheim, Animalcare Group, Parnell.

The veterinary medication market is expected to grow at a compound annual growth rate of 5.8%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Medication 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 Veterinary Medication Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Veterinary Medication 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 Veterinary Medication 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 Veterinary Medication Market Size & Forecast, 2020-2028       4.5.1 Veterinary Medication Market Size and Y-o-Y Growth       4.5.2 Veterinary Medication 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 Oral
      5.2.2 Injection
      5.2.3 Other
   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 Companion Animals
      6.2.2 Livestock Animals
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Veterinary Medication 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 Veterinary Medication 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 Oral
      9.6.2 Injection
      9.6.3 Other
   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 Companion Animals
      9.10.2 Livestock Animals
   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 Oral
      10.6.2 Injection
      10.6.3 Other
   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 Companion Animals
      10.10.2 Livestock Animals
   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 Oral
      11.6.2 Injection
      11.6.3 Other
   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 Companion Animals
      11.10.2 Livestock Animals
   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 Oral
      12.6.2 Injection
      12.6.3 Other
   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 Companion Animals
      12.10.2 Livestock Animals
   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 Oral
      13.6.2 Injection
      13.6.3 Other
   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 Companion Animals
      13.10.2 Livestock Animals
   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 Veterinary Medication Market: Competitive Dashboard
   14.2 Global Veterinary Medication Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Boehringer Ingelheim
      14.3.2 Zoetis
      14.3.3 Elanco Animal Health
      14.3.4 Bayer Animal Health
      14.3.5 Merck Animal Health
      14.3.6 Virbac
      14.3.7 Dechra Veterinary Products
      14.3.8 Ceva
      14.3.9 Vetoquinol
      14.3.10 Meiji
      14.3.11 Boehringer Ingelheim
      14.3.12 Animalcare Group
      14.3.13 Parnell

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