Global The Animal Health market is expected to reach $80.39 billion by 2026 growing at a CAGR of 7.6% from 2018 to 2026.

The key vendors mentioned are Zoetis Inc., Bayer AG, Nutreco N.V., Novartis, Merck Animal Health, Thermo Fisher Scientific, Elanco, Boehringer Ingelheim GmbH, Virbac, Heska, Vetiquinol S.A., Biogenesis Bago, Ceva Sante Animale, Neogen, Eli Lilly, and Merial.

Animal health is a branch of veterinary science deals with treatment and monitoring of animal disease. It plays an important role in the economy and safety of the country’s food supply.
Factors such as a significant rise in the zoonotic and food-borne diseases, rising government initiatives to promote veterinary products, spending on animal health and rising pet population are fueling the market growth. However, high cost associated with animal health and lack of awareness regarding animal health is hindering the market growth.

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On the basis of product, Feed additives segment is estimated to have a lucrative growth owing to consistent advancements in the products. These additives facilitate a significant increase in muscle growth, thereby optimizing feed utilization.

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Products Covered:
• Pharmaceuticals
• Vaccines
• Diagnostics
• Feed Additives
• Analgesics
• Biologicals

Dosage types Covered:
• Parenteral
• Transdermal
• Oral
• Topical

Animal Types Covered:
• Companion Animal
• Production Animal
• Commercial Animal

Distribution Channels Covered:
• Veterinary Hospitals & Clinics
• E-commerce
• Retail Pharmacies and Drug Stores

End Users Covered:
• Point-of-care Testing/In-house Testing
• Reference Laboratories
• Other End Users

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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Key Questions Answered in this Report:
• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analysed during the forecast period

Contact Info:
Name: Sadhana Shukla
Email: Send Email
Organization: Syngene Market Research Reports

Release ID: 88926705