Albany, NY -- (SBWIRE) -- 04/01/2014 -- Animal health market includes pharmaceuticals, vaccines and medicinal feed additives. Pharmaceuticals contribute significantly to the health and well-being of food-producing and companion animals. Food producing animals are the species that provide animal protein including cattle (both beef and dairy), swine, poultry, sheep and fish, whereas companion animals are the animals that are kept by people for companionship, protection and enjoyment such as dogs, cats, and horses among others.
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Economic development and the corresponding increases in the disposable income, particularly in the emerging markets of India, China, Indonesia, Thailand, Malaysia, and Taiwan; increasing pet ownership; rising demand for improved nutrition, mainly animal protein; intensifying consumer focus on food safety and the escalating need for greater livestock production efficiency are among the major factors driving the animal health market. The market is projected to further grow in years to come and become more specialized due to economic, social and demographic trends.
global animal health market is consolidated with top eight players controlling by far the majority share of the market. Zoetis, Merck, and Merial are the leading players in the animal health market. Other key players in the market include Elanco, Bayer, Boehringer, Novartis and Virbac.
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Table of Content
1. Market Overview
1.2 Animal Health Products
1.2.1 Types of Animal Health Products
1.2.2 Value Chain Analysis
1.2.3 Animal Medicines vs. Human Medicines
2. Animal Health - Market Size
Global Market Value
Global Market Growth
2.1 Market Segmentation by Species
Food Producing Animals
2.2 Market Segmentation by Product Group
2.3 Market Segmentation by Geography
2.3.1 The US
Pet Industry Expenditures
2.3.2 The UK
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