Animal Health Market OverviewAnimal diseases with human health implications can adversely impact public health, global trade, and the stability of the agricultural segment of the economy. Healthy animals are more likely to result in safer food supplies, higher farm productivity, reduced environmental impacts, and improved animal well-being. The global Animal Health market is expected to rise at a considerable rate in the forecast period. The market is mainly driven by the large demand for protein food and an increase in the incidence of zoonotic and food-borne diseases globally.
Furthermore, rising disease prevalence has triggered companies to produce advanced vaccines and pharmaceuticals. The high demand has also increased the number of companies undertaking consistent efforts to control pathogen contamination risks and food-borne diseases. This main factor is contributing to the growth of the global Animal Health market.
Additionally, the market is also driven by technological advancements in veterinary healthcare. These advancements include the advent of efficient information management systems, animal owner mobile technology, and vaccine banks. Moreover, the rising number of government initiatives to promote animal health products is also driving the overall development of the market.
Covid-19 Impact on Animal Health Market In addition, the current Animal Health Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Animal Health Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Animal Health Market Segment OverviewBased on product, the Pharmaceutical segment has the maximum share of the global Animal Health market. It is projected to retain its dominant position throughout the forecast period on account of consistent advancements in veterinary drugs. Pharmaceuticals primarily include anti-inflammatory drugs, parasiticides, antibiotics, and others. In addition to this, it is believed that a significant rise in companion animal ownership has also accelerated the adoption of pharmaceuticals to help increase longevity. As well, the veterinary diagnostics segment is expected to witness lucrative growth in the coming years. Various factors, such as the increasing number of veterinary practitioners & their incomes in developed countries, growing animal health expenditure, and rising incidence of zoonotic diseases, are responsible for the growth of this segment.
Animal Health Market, By Product
- Vaccines
- Live Attenuated Vaccines
- DNA Vaccines
- Recombinant Vaccines
- Inactivated Vaccines
- Others
- Pharmaceuticals
- Parasiticides
- Anti-infectives
- Anti-inflammatory
- Analgesics
- Others
- Feed Additives
- Diagnostics
- Medical Devices & Disposables
- Critical Care
- Anesthesia Equipment
- Fluid Management Equipment
- Temperature Management Equipment
- Rescue & Resuscitation Equipment
- Research Equipment
- Patient Monitoring Equipment
- Others
- Veterinary Telehealth
- Veterinary Software
- Livestock Monitoring
Animal Health Market, By Distribution Channel
· Retail
· E-commerce
· Veterinary Hospitals & Clinics
Animal Health Market, By End-User
· Reference Laboratories
· POC Testing/In-house Testing
· Veterinary Hospitals & Clinics
· Others
Animal Health Regional OverviewRegion-wise, North America accounts for a major share in the Animal health market. This is mainly because of the extensive range of definitive measures adopted by government animal welfare organizations that are consistently working for the overall development of animal health. Additionally, technological progressions, rising incidence of zoonotic diseases, and an increasing number of pet owners are anticipated to boost the market growth in this region. Similarly, Asia Pacific will drive substantial growth in the global market. The exponential growth is credited to the increasing awareness relating to pet nutrition and supplies and growing disposable income levels in developing countries of Asia Pacific. Further, steady R&D investments by prominent players in the field of animal health and their efforts to commercialize branded and generic therapeutics at relatively low prices. This factor remarkably propelling the growth of the market in this region.
Animal Health Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Animal Health Market Competitor overviewSome key developments and strategies adopted by manufacturers in Animal Health are highlighted below.
· In August 2021, TriRx Pharmaceutical Services, LLC, a leading international CDMO, announced that it has finalized and closed on an agreement with Elanco Animal Health Incorporated to acquire the ownership and operations of its manufacturing site in Shawnee, Kansas. Elanco is a global animal health leader dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets. The two companies also entered into a long-term supply agreement for this site.
· In July 2021, Aeronics, Inc., a Pittsburgh-based startup that develops innovative oxygen technologies for veterinary use, announced a collaboration with MWI Animal Health, a leading distributor of animal health products, to expedite veterinarians' access to portable oxygen. This system can be used in veterinary practice, during transport, and by pet owners at home.
Animal Health Market, Key Players· Zoetis
· Ceva Santé Animale
· Merck Animal Health
· Vetiquinol S.A.
· Boehringer Ingelheim GmbH
· Bayer AG
· Virbac
· Heska
· Nutreco N.V.
List of Figures
Figure 1: Global Animal Health Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Animal Health Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Animal Health Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Animal Health Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Animal Health Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Animal Health Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Animal Health Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Animal Health Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Animal Health Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Animal Health Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Animal Health Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Animal Health Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Animal Health Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Animal Health Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Animal Health Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Animal Health Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Animal Health Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Animal Health Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Animal Health Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Animal Health Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Animal Health Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Animal Health Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Animal Health Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Animal Health Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Animal Health Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Animal Health Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Animal Health Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Animal Health Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Animal Health Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Animal Health Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Animal Health Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Animal Health Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Animal Health Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Animal Health Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Animal Health Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Animal Health Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Animal Health Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Animal Health Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Animal Health Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Animal Health Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Animal Health Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Animal Health Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Animal Health Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Animal Health Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Animal Health Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Animal Health Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Animal Health Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Animal Health Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Animal Health Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Animal Health Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Animal Health Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Animal Health Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Animal Health Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Animal Health Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Animal Health Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Animal Health Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Animal Health Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Animal Health Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Animal Health Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Animal Health Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Animal Health Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Animal Health Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Animal Health Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Animal Health Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Animal Health Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Animal Health Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Animal Health Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Animal Health Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Animal Health Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model