Global Animal Health Market: Industry Analysis & Outlook (2017-2021)

Industry Research by Koncept Analytics

Global Animal Health Market: Industry Analysis & Outlook ----------------------------------------(2017-2021) September 2017

Global Animal Health Market: Industry Analysis & Outlook (2017-2021)

1

Executive Summary Animals, like humans, also suffer from diseases and hence require proper care from veterinarians, farmers and pet owners. Improving the health of companion animals and livestock and treating them is the foremost objective of animal health industry. The animal health industry can be broadly classified into two parts production and companion segments. Every animal has distinct need of its own and thus, requires different treatments in accordance to its breed. Further, on the basis of products, animal health market is divided into three main sections; pharmaceuticals, biological and medicinal feed additives.

The key factors driving the growth of animal health market include rising disposable income, growing ageing population, increasing pet ownership, mounting incidence of zoonotic diseases and less stringent animal drug approval process. Some of the noteworthy trends and developments of this industry include mergers & acquisitions in the industry, human drugs crossing over to the animal health and preventive therapies.

However, the expansion of animal health market is hindered by barriers to entry for new players, high cost of product development and increasing pressure to reduce the use of antibiotics in livestock.

The

report “Global Animal Health Market: Industry Analysis &

Outlook (2017-2021)� provides a

comprehensive analysis of the global animal health market and its major regional markets. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in-depth. The global market is highly competitive consisting of several large enterprises including Bayer AG, Merck & Co., Inc., Eli Lilly and Company and Zoetis Inc,. The competitive landscape of the respective market, along with the company profiles of leading players are discussed in detail.

Global Animal Health Market: Industry Analysis & Outlook (2017-2021)

2

Costs of the research, development, and approval of new veterinary pharmaceuticals continue to grow rapidly. Thus, many manufacturers of veterinary drugs are looking for agents already licensed for human use to fill their pipeline of new products.

US$ Billion

Global Animal Health Market by Value (2012-2016)

• In 2016, the global animal health market was recorded at US$... billion, compared to US$... billion in 2015, thereby depicting an annual rise of …%.

• By the end of 2021, the global animal health market is expected to be valued at US$... billion, growing at a CAGR of …%, spanning from 2017 to 2021.

• In 2016, the Americas dominated the global animal health market with …% share, followed by Europe with …% share.

2012

2013

2014

2015

2016

Global Animal Health Market Forecast by Value (2017-2021)

US$ Billion

Global Animal Health Market Value by Region (2016)

Americas 2017

2018

2019

2020

Europe

Others

2021

Global Animal Health Market: Industry Analysis & Outlook (2017-2021)

3

During 2016, global animal health market underwent series of changes led by major mergers and acquisitions. Global players have been pursuing this strategy to widen their product portfolios, enabling them to harness market potential in the long run.

Americas Animal Health Market Forecast by Value (2016-2021)

US$ Billion

• By the end of 2021, Americas animal health market is estimated to reach US$... billion, growing at a CAGR of …%, spanning from 2016 to 2021.

• European animal health market is expected to reach US$... billion by the end of 2021, increasing from US$... billion in year 2016, depicting a CAGR of …%, spanning from 2016 to 2021.

• As of 2016, parasiticides accounted for the largest European market share of …% followed by vaccines, antimicrobials and tropical product with …%, …% and … % shares respectively.

2016

2017

2018

2019

2020

2021

European Animal Health Market Forecast by Value (2016-2021)

US$ Billion

European Animal Health Market by Products (2016)

Parasiticides 2016

2017

2018

2019

2020

2021

Vaccines

Antimicrobials

Topicals

Other Procducts

Global Animal Health Market: Industry Analysis & Outlook (2017-2021)

4

Contact Us:

Disclaimer

This is a licensed product of Koncept Analytics. You cannot reproduce, publish, distribute, publicly display, sell or create other works from this report or use them in any way for commercial purpose without our prior permission. Further, you cannot copy this material, by any means (including electronic copies), for distribution to others unless you have purchased the corporate license of this report.

We believe the sources are reliable, but Koncept Analytics does not warranty the accuracy or completeness of the data. The data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given in this report and must make decisions based on their own investment strategy, risk management and capital adequacy.

For Report Purchase Click Below: http:// www.konceptanalytics.com/Researchreport/global-animal-health-market-industry-analysis-outlook-2017-2021-24459.a spx Koncept Analytics CS-36, First Floor, Ansal Plaza Vaishali, Ghaziabad, U.P. – 201010 T: +91-120-4130959 M: +91-9811715635 vikas@konceptanalytics.com www.konceptanalytics.com