Albany, NY -- (SBWIRE) -- 11/20/2013 -- 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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The report discusses market segments, major growth drivers and also analyzes some of the major regional markets, including the US, the UK, and China. The report also provides competitive landscape and profiles of major players, along with their business strategies.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

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Global Animal Feed Antioxidants market (http://www.researchmoz.us/global-animal-feed-antioxidants-market-2012-2016-report.html) to grow at a CAGR of 5.07 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing concern about animal health and feed safety. The Global Animal Feed Antioxidants market has also been witnessing an increasing demand for natural antioxidants. However, the impact of global warming due to livestock production could pose a challenge to the growth of this market.

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Global Organic Trace Minerals for Animal Feeds Market (http://www.researchmoz.us/global-organic-trace-minerals-for-animal-feeds-market-2012-2016-report.html) to grow at a CAGR of 6.97 percent over the period 2012-2016. One of the key factors contributing to this market growth is the Growing Demand for Animal Proteins. The Global Organic Trace Minerals for Animal Feeds Market has also been witnessing an increasing use in water-soluble organic feed additives. However, stringent laws and regulations could pose a challenge to the growth of this market.

China Animal Vaccine Industry Report, 2012-2015
http://www.researchmoz.us/china-animal-vaccine-industry-report-2012-2015-report.html

In view of the frequent occurrence of animal epidemic diseases over the years, the Chinese government has increased investment in epidemic prevention and implemented compulsory immunization system. Beginning in 2004, it has gradually included highly pathogenic avian influenza, highly pathogenic PRRS (porcine reproductive and respiratory syndrome), classical swine fever and peste des petits ruminants in the national compulsory immunization coverage following the FMD (foot-and-mouth disease), thus leading to rapid growth in animal vaccine market size.

In 2004-2012, China’s animal vaccine market size grew at a CAGR as high as 26.4%, up to approximately RMB 9.1 billion in 2012 (including net import). For years to come, the market is expected to continue to maintain a growth rate of 15% or so, to RMB 15.9 billion in 2016.

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