Budding Economies Shine Bright in Global Animal Healthcare Market
Deerfield Beach, FL -- (SBWIRE) -- 06/22/2016 -- Antimicrobial agents are medicines used to treat infections in animals. Foot and mouth disease targets all domestic livestock species and various wild species. Animal care taker must be trained to examine signs of illness and injury. The animal health care has become even more important on account of high occurrence of animal disease outbreaks.
The animal healthcare market mainly is driven by strong demand for meat & milk and increasing adoption of pets. The rising disposable income, growing population coupled with changing life style are key factors contributes to fuel the market growth in the years to come. Furthermore, government support and strict animal welfare acts propel the growth of animal healthcare market. However, health awareness amongst people expected to major restraint for this market.
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The report covers forecast and analysis for the animal healthcare market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2014 to 2020 based on revenue (USD Million). The report also offers detailed competitive landscape of the global animal healthcare market. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the animal healthcare market based on product segment and region.
Feed additives, pharmaceutical and vaccines are key product include in animal healthcare market. The feed additives segment was the leading product segment of animal healthcare market. Vaccines are another leading product and expected to experience significant growth over the forecast period. This growth can be attributed to rising trend of pet adoption amongst people.
Geographically, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, further bifurcation of region on the country level, which include U.S., Germany, UK, France, China, Japan and India. Among the all region, North America was leading segment of animal healthcare market and expected to exhibit strong growth over the forecast period. Asia Pacific accounted for significant share for animal healthcare market owing to increasing population in this region.
The report covers detailed competitive scenario including the company overviews, financial revenues of the key participants to develop their positions in the global market. Some of the major players in animal healthcare market such as Boehringer Ingelheim Gmbh, Zoetis Inc, Virbac SA, Novartis Animal Health Inc.,Vetoquinol, Elanco Products Company,Bayer AG, Merial Ltd., Merck & Co. Inc. and Ceva Sante Animale
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