Society > Military > Military History > War > World War 1Business Survey 2017 - Global Animal Healthcare Market Size Authentic Cameron Sutton Jersey , Regional Outlook Fo Posted by akshay2405 in Society on November 2nd, 2017
Animal Healthcare Market - Growth, Future Prospects, and Competitive Analysis Authentic Joe Haden Jersey , 2017 - 2025, the global animal healthcare market was valued at US$ 32,054 Mn in 2016, and is expected to reach US$ 53 Authentic Javon Hargrave Jersey ,420 Mn by 2025 expanding at a CAGR of 5.6 % from 2017 to 2025.
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Rising prevalence of animal diseases and their spread to human beings, growing demand for protein rich diet has resulted into commercial farming of milch and meat cattle’s and increasing trend of adoption of companion animals and the regulatory agencies have made it mandatory for the immunization of the companion animals will result into the growth and deep market penetration for the animal healthcare market. Animal healthcare market is segmented into product types (Feed additives, pharmaceuticals and vaccines), and animal types (production animals and companion animals).
The animal healthcare market is technologically driven and includes major players such as Bayer Healthcare AG Authentic Sean Davis Jersey , Ceva Santé Animale, Virbac S.A, Vetoquinol SA, Boehringer Ingelheim GmbH Authentic Artie Burns Jersey , Nutreco N.V. and Sanofi S.A. (MERIAL Limited) etc. Several of these companies closely compete to augment their foothold in the market.
Key Market Movements:
- Higher prevalence of zoonotics - Technological advancement in the R&D of animal healthcare market - Compulsory immunization of animals by regulatory authorities - Increasing consumption of protein rich diet e.g. milk, meat and