Worldwide Animal Health Care market will reach 66.9 Billion US$ by the end of 2025, growing at a CAGR of 4.9% during 2018-2025.
By 2050, the global population will expand to 9 billion – a two-thirds increase in future animal protein consumption. Population and income growth will bring about an increase in the consumption of animal protein. The growing demand for protein has given producers an opportunity to improve their production and profitability. Jianming’s all-around nutrition solution meets two basic needs: providing healthy and safe nutrition solutions and maintaining good economic benefits.
The main drivers of global market growth are the increase in the incidence of animal diseases, the emergence of new diseases, the problem of common human and animal infectious diseases, the promotion of government and animal welfare groups, and the introduction of new vaccine products, while the market growth limiting factors are mainly the maintenance of the effectiveness of vaccine products. The high cost of storage and the increase in health-oriented vegetarianism has led to a reduction in the demand for meat products and an indirect effect on the growth of the animal vaccine market.
The Global Animal Health Care market will reach 66900 million US$ by the end of 2025, growing at a CAGR of 4.9% during 2018-2025.
Global Animal Health Care Market Professional Survey Report 2018 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 102 pages report.
This market report provides in-depth analytics of the Animal Health Care industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Animal Health Care market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Merck Animal Health
Ceva Sante Animale
Boehringer Ingelheim GmbH
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.