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Livestock Healthcare Market

: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global Livestock Healthcare Market: By Livestock Animal (Poultry, Swine, Cattle, Sheep & Goats, Horse, and Others), By Product Type (Vaccines, Pharmaceuticals, Feed Additives, Diagnostics, and Others), By Distribution Channel (Retail, E-commerce, and Veterinary Hospitals & Clinics), By End User (Reference Laboratories, Point-of-care Testing/In-house Testing, Veterinary Hospitals & Clinics, and Others), and Geography

 

Global Livestock Healthcare Market

 

Livestock Healthcare Market Report Description:

This report gives a comprehensive outlook on livestock healthcare across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report on gives historical, current, and future market sizes (US$ Mn) on the basis of a livestock animal, product type, distribution channel, end-user, and region. This report studies global livestock healthcare market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, This report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in global livestock healthcare products.

 

Global Livestock Healthcare Market:

The livestock healthcare market is expected to be valued at US$ 43,247.3 Mn in 2018 and growing at a CAGR of 4.8% over the forecast period to reach US$ Mn by 2025 owing to increasing prevalence of food-borne and zoonotic disease across the globe in livestock animals. Growing meat and milk consumption every year coupled with adoption of animals for the agriculture purpose is increasing and the rising support from the government to take initiatives to boost the growth of veterinary products and treatments are expected to drive the growth of the market over the forecast years. Furthermore, market players focusing on the technological advancements in the healthcare industry to provide the best treatment option available are projected to boost the growth of the market. However, the cost of the vaccines and medications available in the market are not at affordable which has become a major restraining factor for the growth of the market.

 

Rising prevalence of zoonotic diseases drives the growth of the market

Zoonotic diseases or infections are the diseases that are naturally transmitted from animals to humans. Zoonotic diseases are very common, both in the United States and across the world. According to Centers for Disease Control and Prevention (CDC), scientists evaluate that more than 6 out of every 10 known infectious diseases in people are spread from animals, and 3 out of every 4 new or evolving infectious diseases in people are spread from animals. Every year, tens of thousands of Americans will get sick from harmful germs spread between animals and people.

 

North America is leading the global market

North America is leading the global market and is expected to grow with significant CAGR owing to the wide-ranging definitive measures implemented by government animal welfare organizations that are continuously working for the improvement of animal health. Additionally, technological developments, occurrence of zoonotic diseases, and growing number of animal lovers is estimated to fuel the growth of the market in the region. Number of collaborative efforts started by top players to increase their R&D capabilities and to make sure high standards are predicted to urge the demand more across this region. Asia Pacific and Europe are also anticipated grow with a significant CAGR over the forecast period owing to increasing investments in research and development by the market players are expected to drive the growth of the market.

 

Competition Assessment

Key player’s profiles include:

  • Bayer Healthcare AG
  • Ceva Santé Animale
  • Virbac S.A
  • Vetoquinol SA
  • Boehringer Ingelheim GmbH
  • Nutreco N.V.
  • Sanofi S.A. (MERIAL Limited)

 

Key Findings of the Report:

 

  • Global livestock healthcare market expanding at significant CAGR over 2018 to 2025 owing to the rising prevalence of zoonotic diseases and the launch of new products for livestock animals in the market.
  • Based on region, North America accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global market

 

Detailed Segmentation

 

By Livestock Animal  

  • Poultry
  • Swine
  • Cattle
  • Sheep & Goats
  • Horse
  • Others

 

By Product Type    

  • Vaccines
    • Live Attenuated Vaccines
    • DNA Vaccines
    • Recombinant Vaccines
    • Inactivated Vaccines
    • Others
  • Pharmaceuticals
    • Parasiticides
    • Anti-infectives
    • Anti-inflammatory
    • Analgesics
    • Others
  • Feed additives
    • Antibiotics
    • Vitamins
    • Amino acids
    • Feed enzymes
    • Antioxidants
    • Prebiotics and probiotics
    • Minerals
  • Diagnostics
    • Instruments
    • Consumables
    • Others
  • Others

By Distribution Channel  

  • Retail
  • E-commerce
  • Veterinary Hospitals & Clinics

 

By End User  

  • Reference Laboratories
  • Point-of-care Testing/In-house Testing
  • Veterinary Hospitals & Clinics
  • Others

Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market