Animal Health Market Research Report – Global Forecast till 2023

Animal Health Market: Information by Animal Type (Farm animal, Companion animal), Product (Pharmaceuticals, Vaccines, Feed Additives), Route of Administration (Oral, Parenteral), Distribution Channel (Retail, E-Commerce) — Global Forecast till 2023

ID: MRFR/HC/5697-HCR | February 2021 | Region: Global | 85 pages

Market Scenario:


The Global Animal Health Market is accounted for USD 38,500 million in 2017 and expected to register ~ 5.7% CAGR during the forecast period (2018–2023).


Animal health is a branch of veterinary science deals with treatment and monitoring of animal disease. This play an important role for economy and safety of the country’s food supply.


The rising incidence rate of zoonotic diseases, spending on animal health, rising pet population, and growing pet insurance are expected to drive the growth of the market. Moreover, rising demand for animal protein, improvement in productivity, rising focus toward food safety, and increasing pet ownership are contributing to the growth of the market. For instance, according to the data published by the American Pet Products Association (APPA), the overall expenditure in the pet industry for 2016 was USD 66.75 billion, whereas the expenditure in 2017 was USD 69.51 billion. As per a report published by the European Pet Food Industry Federation (FEDIAF) in 2017, 80 million households in the European Union owned at least one pet animal.


The high cost associated with animal health, lack of awareness regarding animal health, and unaffordability of veterinary services in underdeveloped and developing regions may hamper the growth of the market during the assessment period.


Segmentation:


The Global Animal Health Market has been segmented on the basis of animal type, product, route of administration, and distribution channel.


On the basis of animal type, the market has been classified as farm animal and companion animal. The farm animal segment has been further divided into poultry, swine, cattle, sheep & goats, and others. The companion animal segment has been further classified into dog, cat, equine, and others. the market, by product, has been segmented into pharmaceuticals, vaccines, and feed additives. Pharmaceuticals segment has been sub-segmented into parasiticides, anti-infectives, anti-inflammatory, analgesics, and others. The vaccines segment has been further segmented into live attenuated vaccines, DNA vaccines, recombinant vaccines, inactivated vaccines, and others. Based on route of administration, the market has been segmented into oral, parenteral, topical, and others. The market, by distribution channel, has been segmented into veterinary hospitals & clinics, retail, e-commerce, and others. The farm animal segment is expected to hold the largest market share of the animal health market, by animal type, during the forecast period. Also, vaccines segment to register the highest CAGR in the global animal health market during the forecast period.


The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The animal health market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.


The European animal health market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The Animal Health Market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Animal Health market in the Middle East & Africa has been segmented into the Middle East and Africa.


Regional Market Summary:


Global Animal Health Market Share, by Region, 2017 (%)



Source: MRFR Analysis


The Americas are likely to dominate the global animal health market owing to the increasing demand for animal protein, improvement in production, and focus on food safety. Moreover, rising pet ownership and increased medicalization for pets also fueling the growth of the market during forecast periods. For instants, according to the American Pet Products Manufacturing Association (APPA), almost 80% of all dog owners have their dogs treated with drugs. Thus, with the growing spending on the treatment of pets, the demand for veterinary treatments and the equipment required for the same would increase.


The European market is expected to be the second-largest animal health market. The market growth in this region can be attributed to the government support for research & development and rising pet population.


Asia-Pacific is expected to be the fastest-growing animal health market during the forecast period owing to increased pet adoptions, rise in the number of animal welfare programs, and growth in the population of companion animals. Moreover, country such as India and China are considering fastest growing region due to the presence of huge pet population.


The market in the Middle East & Africa is expected to account for the smallest share of the global animal health market due to lack of skilled veterinarians, high cost of treatment, and poor medical facilities.


Key Players:


Some of the key players in the global animal health market are Bayer AG, Boehringer Ingelheim GmbH, Ceva Sante Animale, Elanco, Eli Lilly, Merck Animal Health, Nutreco N.V., Vetiquinol SA, Virbac, Zoetis, and Others.


Global Animal Health Market, by Animal Type:



  • Farm Animal

    • Poultry

    • Swine

    • Cattle

    • Sheep & Goats

    • Others



  • Companion Animal

    • Dog

    • Cat

    • Equine

    • Others




Global Animal Health Market, by Product:



  • Pharmaceuticals

    • Parasiticides

    • Anti-infectives

    • Anti-inflammatory

    • Analgesics

    • Others



  • Vaccines

    • Live Attenuated Vaccines

    • DNA Vaccines

    • Recombinant Vaccines

    • Inactivated Vaccines

    • Others



  • Feed Additives


Global Animal Health Market, by Route of Administration:



  • Oral

  • Parenteral

  • Topical

  • Others


Global Animal Health Market, by Distribution Channel:



  • Veterinary Hospitals & Clinics

  • Retail

  • E-Commerce

  • Others


Global Animal Health Market, by Region:



  • Americas

    • North America

      • US

      • Canada



    • Latin America



  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • The Middle East & Africa

    • Middle East

    • Africa




Company Profiles:    



  • Bayer AG

  • Boehringer Ingelheim GmbH

  • Ceva Sante Animale

  • Elanco

  • Eli Lilly

  • Merck Animal Health

  • Nutreco N.V.

  • Vetiquinol SA

  • Virbac

  • Zoetis

  • Others


Intended Audience:



  • Pharmaceutical companies

  • Animal health products manufacturers

  • Animal health products suppliers

  • Contract Research Organizations (CROs)

  • Research and Development (R&D) Companies

  • Academic Medical Institutes and Universities



Frequently Asked Questions (FAQ) :


In 2017, the animal health market had a valuation of USD 38,500 million.

The animal health market has a chance to record 5.7% CAGR during the forecast period of 2018 to 2023.

The animal health market is getting backed by rising pet population, spending on animal health, the rising incidence rate of zoonotic diseases, and growing pet insurance.

The animal health market is getting led by the farm animal segment.

The vaccine segment is slated to lead the global animal health market by product type.

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1. Definition

2.2. Scope of the Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

Chapter 3. Research Methodology

3.1. Introduction

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

Chapter 4. Market Dynamics

4.1. Drivers

4.2. Restraints

4.3. Opportunities

4.4. Challenges

4.5. Macroeconomic Indicators

Chapter 5. Market Factor Analysis

5.1. Porter’s Five Forces Analysis

5.1.1. Bargaining Power of Suppliers

5.1.2. Bargaining Power of Buyers

5.1.3. Threat of New Entrants

5.1.4. Threat of Substitutes

5.1.5. Intensity of Rivalry

5.2. Value Chain Analysis

5.3. Investment Feasibility Analysis

5.4. Pricing Analysis

Chapter 6. Global Animal Health Market, by Animal Type

6.1. Introduction

6.2. Farm Animal

6.2.1. Poultry

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.2.2. Swine

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.2.3. Cattle

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.2.4. Sheep & Goats

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.2.5. Others

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.3. Companion Animal

6.3.1. Dog

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.3.2. Cat

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.3.3. Equine

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.3.4. Others

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 7. Global Animal Health Market, by Product

7.1. Introduction

7.2. Pharmaceuticals

7.2.1. Parasiticides

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.2.2. Anti-infectives

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.2.3. Anti-inflammatory

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.2.4. Analgesics

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.2.5. Others

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.3. Vaccines

7.3.1. Live Attenuated Vaccines

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.3.2. DNA Vaccines

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.3.3. Recombinant Vaccines

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.3.4. Inactivated Vaccines

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.3.5. Others

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.4. Feed Additives

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 8. Global Animal Health Market, by Route of Administration

8.1. Introduction

8.2. Oral

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.3. Parenteral

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.4. Topical

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.5. Others

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 9. Global Animal Health Market, by Distribution Channel

9.1. Introduction

9.2. Veterinary Hospitals & Clinics

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

9.3. Retail

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

9.4. E-Commerce

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

9.5. Others

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 10. Global Animal Health Market, by Region

10.1. Introduction

10.2. Americas

10.2.1. North America

10.2.1.1. US

10.2.1.2. Canada

10.2.2. Latin America

10.3. Europe

10.3.1. Western Europe

10.3.1.1. Germany

10.3.1.2. France

10.3.1.3. Italy

10.3.1.4. Spain

10.3.1.5. UK

10.3.1.6. Rest of Western Europe

10.3.2. Eastern Europe

10.4. Asia-Pacific

10.4.1. Japan

10.4.2. China

10.4.3. India

10.4.4. Australia

10.4.5. South Korea

10.4.6. Rest of Asia-Pacific

10.5. Middle East & Africa

10.5.1. Middle East

10.5.2. Africa

Chapter 11. Company Landscape

11.1. Introduction

11.2. Market Share Analysis

11.3. Key Developments & Strategies

Chapter 12. Company Profiles

12.1. Bayer AG

12.1.1. Company Overview

12.1.2. Product Overview

12.1.3. Financials Overview

12.1.4. Key Developments

12.1.5. SWOT Analysis

12.1.6. Key Strategies

12.2. Boehringer Ingelheim GmbH

12.2.1. Company Overview

12.2.2. Product Overview

12.2.3. Financials Overview

12.2.4. Key Developments

12.2.5. SWOT Analysis

12.2.6. Key Strategies

12.3. Ceva Sante Animale

12.3.1. Company Overview

12.3.2. Product Overview

12.3.3. Financials Overview

12.3.4. Key Developments

12.3.5. SWOT Analysis

12.3.6. Key Strategies

12.4. Elanco

12.4.1. Company Overview

12.4.2. Product Overview

12.4.3. Financials Overview

12.4.4. Key Developments

12.4.5. SWOT Analysis

12.4.6. Key Strategies

12.5. Eli Lilly

12.5.1. Company Overview

12.5.2. Product Overview

12.5.3. Financials Overview

12.5.4. Key Developments

12.5.5. SWOT Analysis

12.5.6. Key Strategies

12.6. Merck Animal Health

12.6.1. Company Overview

12.6.2. Product Overview

12.6.3. Financials Overview

12.6.4. Key Developments

12.6.5. SWOT Analysis

12.6.6. Key Strategies

12.7. Nutreco N.V.

12.7.1. Company Overview

12.7.2. Product Overview

12.7.3. Financials Overview

12.7.4. Key Developments

12.7.5. SWOT Analysis

12.7.6. Key Strategies

12.8. Vetiquinol SA

12.8.1. Company Overview

12.8.2. Product Overview

12.8.3. Financials Overview

12.8.4. Key Developments

12.8.5. SWOT Analysis

12.8.6. Key Strategies

12.9. Virbac

12.9.1. Company Overview

12.9.2. Product Overview

12.9.3. Financials Overview

12.9.4. Key Developments

12.9.5. SWOT Analysis

12.9.6. Key Strategies

12.10. Zoetis

12.10.1. Company Overview

12.10.2. Product Overview

12.10.3. Financials Overview

12.10.4. Key Developments

12.10.5. SWOT Analysis

12.10.6. Key Strategies

12.11. Others

Chapter 13. MRFR Conclusion

13.1. Key Findings

13.1.1. From CEO’s View point

13.1.2. Unmet Needs of the Market

13.2. Key Companies to Watch

13.3. Predictions for the Animal Health Industry

Chapter 14. Appendix


LIST OF TABLES

Table 1. Global Animal Health Market Synopsis, 2018–2023

Table 2. Global Animal Health Market Estimates and Forecast, 2018–2023 (USD Million)

Table 3. Global Animal Health Market, by Region, 2018–2023 (USD Million)

Table 4. Global Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 5. Global Animal Health Market, by Product, 2018–2023 (USD Million)

Table 6. Global Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 7. Global Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 8. North America: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 9. North America: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 10. North America: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 11. North America: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 12. US: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 13. US: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 14. US: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 15. US: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 16. Canada: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 17. Canada: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 18. Canada: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 19. Canada: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 20. Latin America: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 21. Latin America: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 22. Latin America: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 23. Latin America: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 24. Europe: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 25. Europe: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 26. Europe: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 27. Europe: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 28. Western Europe: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 29. Western Europe: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 30. Western Europe: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 31. Western Europe: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 32. Eastern Europe: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 33. Eastern Europe: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 34. Eastern Europe: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 35. Eastern Europe: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 36. Asia-Pacific: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 37. Asia-Pacific: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 38. Asia-Pacific: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 39. Asia-Pacific: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

Table 40. Middle East & Africa: Animal Health Market, by Animal Type, 2018–2023 (USD Million)

Table 41. Middle East & Africa: Animal Health Market, by Product, 2018–2023 (USD Million)

Table 42. Middle East & Africa: Animal Health Market, by Route of Administration, 2018–2023 (USD Million)

Table 43. Middle East & Africa: Animal Health Market, by Distribution Channel, 2018–2023 (USD Million)

LIST OF FIGURES

Figure 1. Research Process

Figure 2. Segmentation for Global Animal Health Market

Figure 3. Segmentation Market Dynamics for Global Animal Health Market

Figure 4. Global Animal Health Market Share, by Animal Type, 2017

Figure 5. Global Animal Health Market Share, by Product, 2017

Figure 6. Global Animal Health Market Share, by Route of Administration, 2017

Figure 7. Global Animal Health Market Share, by Distribution Channel, 2017

Figure 8. Global Animal Health Market Share, by Region, 2017

Figure 9. North America: Animal Health Market Share, by Country, 2017

Figure 10. Europe: Animal Health Market Share, by Country, 2017

Figure 11. Asia-Pacific: Animal Health Market Share, by Country, 2017

Figure 12. Middle East & Africa: Animal Health Market Share, by Country, 2017

Figure 13. Global Animal Health Market: Company Share Analysis, 2017 (%)

Figure 14. Bayer AG: Key Financials

Figure 15. Bayer AG: Segmental Revenue

Figure 16. Bayer AG: Geographical Revenue

Figure 17. Boehringer Ingelheim GmbH: Key Financials

Figure 18. Boehringer Ingelheim GmbH: Segmental Revenue

Figure 19. Boehringer Ingelheim GmbH: Geographical Revenue

Figure 20. Ceva Sante Animale: Key Financials

Figure 21. Ceva Sante Animale: Segmental Revenue

Figure 22. Ceva Sante Animale: Geographical Revenue

Figure 23. Elanco: Key Financials

Figure 24. Elanco: Segmental Revenue

Figure 25. Elanco: Geographical Revenue

Figure 26. Eli Lilly: Key Financials

Figure 27. Eli Lilly: Segmental Revenue

Figure 28. Eli Lilly: Geographical Revenue

Figure 29. Merck Animal Health: Key Financials

Figure 30. Merck Animal Health: Segmental Revenue

Figure 31. Merck Animal Health: Geographical Revenue

Figure 32. Nutreco N.V.: Key Financials

Figure 33. Nutreco N.V.: Segmental Revenue

Figure 34. Nutreco N.V.: Geographical Revenue

Figure 35. Vetiquinol SA: Key Financials

Figure 36. Vetiquinol SA: Segmental Revenue

Figure 37. Vetiquinol SA: Geographical Revenue

Figure 38. Virbac: Key Financials

Figure 39. Virbac: Segmental Revenue

Figure 40. Virbac: Geographical Revenue

Figure 41. Zoetis: Key Financials

Figure 42. Zoetis: Segmental Revenue

Figure 43. Zoetis: Geographical Revenue




This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.