Skip to main content

Animal Pharmaceuticals Market Regional Analysis With Size, Growth and Demand Forecast to 2022

The global animal pharmaceuticals market is expected to grow at a CAGR of 7.7% forecast to 2022.

Request for a sample of this research report: https://www.psmarketresearch.com/market-analysis/animal-pharmaceuticals-market/report-sample


The growth of the global market is largely driven by increasing consumption of meat and milk, and increasing zoonotic and food borne diseases. Due to growing health concern of related animals and their increasing number, the healthcare expenses in farms are surging globally.

Animal farms are increasing globally, due to growing demand for protein rich foods, such as milk, eggs and meat. Increasing trend of pet adoption is another key factor driving the growth of the animal pharmaceuticals market.

The declining research and development productivity and growth of generic and OTC drugs for animal care are the key trend witnessed in the market.

The ectoparasiticides generated largest revenue in the global animal pharmaceuticals market. High prevalence of animals affected with ectoparasites is the key factor driving the growth of the ectoparasiticides market. The bronchodilators market would witness fastest growth during the forecast period.

North America accounted for the largest share in the global market, owing to the large consumption of meat and milk products. The high level of urbanization leading to high standard of living is the key reason for large consumption of meat and milk products in North America. The U.S. contributed largest revenue to the North American as well as global animal pharmaceuticals market.

Increasing awareness regarding the livestock related diseases is the key reason behind the higher growth of the animal pharmaceuticals market for production animals.


Some of the major players operating in the global market include Merck & Co. Inc., Vetoquinol S.A., Zoetis Inc., Virbac SA, Boehringer Ingelheim GmbH , Perrigo Company plc,  Eli Lilly and Company, Sanofi and Bayer AG.

Comments

Popular posts from this blog

Big Data Analytics in Healthcare Market - Huge Growth Opportunities, Technology, Revenue and Demand by 2023

The global big data analytics in healthcare market is growing at a CAGR of 21.8% during 2018–2023 and will reach $22.7 billion by 2023. The global big data analytics in healthcare market is also gaining interest due to the introduction of personalized healthcare systems and demand for high quality healthcare services. Through the adoption of big data, healthcare payers and providers are enhancing their capabilities by studying patient behavior towards a particular treatment and the diagnostic patterns, in order to provide them with customized and highly cost-effective services. Request for a free sample copy of this research report @  https://www.psmarketresearch.com/market-analysis/big-data-analytics-in-healthcare-market/report-sample Geographically, North America has been the largest big data analytics in healthcare market; however, the fastest growth during the forecast period is expected from Asia-Pacific. This can be attributed to factors such as advancement in big data te...

Asia-pacific (APAC) Commercial Refrigeration Equipment Market Size, Share and Growth Drivers by 2023

The  APAC commercial refrigeration equipment market  is projected to reach $24.4 billion by 2023 and and is forecasted to witness a CAGR of 9.3% during 2018–2023. Growing food and beverage industry, and increasing urbanization are the key factors driving market growth. Request for a free sample copy of this research report @  https://www.psmarketresearch.com/market-analysis/asia-pacific-commercial-refrigeration-equipment-market/report-sample On the basis of end user, the APAC commercial refrigeration equipment market has been categorized into hotels/restaurants & catering, supermarkets, hypermarkets, convenience stores, e-commerce and others, wherein ‘others’ include hospitals; educational institutions; large pharmaceutical stores; and medical and life sciences. In terms of value, China dominated the APAC commercial refrigeration equipment market, during the historical period and is expected to continue holding the largest share, during the forecast period. Th...

Conditional Access System (CAS) Market Size, Share, Trends, Key Players, Demand and Opportunities by 2023

Conditional access systems (CAS) refer to content protection solutions used widely to control unauthorized contents or intruders to access to audio and video content. Generally, these systems are installed at the receiving end of audio and video such as digital set-tops boxes of the consumers. One of the most dominant factors driving the  conditional access system market  is the analog to digital transformation of the TV transmission in developing countries of the Asia Pacific. Request for a free sample copy of this research report @  https://www.psmarketresearch.com/market-analysis/conditional-access-system-market/report-sample With the growing demand of digital setup boxes from tier2 and tier3 cities of India and China the global conditional access market is expected to grow in coming years. Moreover the advancement in wireless broadcasting and media industry in the developed markets in Europe and North America is also expected to increase the demand of control ...