Global Animal Health (Feed Additives, Pharmaceuticals and Vaccines) Market Research Report 2022-2026 with Merck & Co, Bayer, Eli Lilly, Boehringer Ingelheim, Zoetis and Elanco – ResearchAndMarkets.com | Nation/World

DUBLIN–(BUSINESS WIRE)–May 13, 2022–

The report “Global Animal Health (Feed Additives, Pharmaceuticals, and Vaccines) Market: Outlook and Forecast with Potential Impact of COVID-19 (2022-2026)” has been added to ResearchAndMarkets.com’s offering.

The global animal health market is expected to register a value of US$57.26 billion in 2026 growing at a CAGR of 6.30% during the period 2022-2026

Factors such as growing middle class population, increasing cattle/cow population, increasing demand for animal protein, increasing US spending on pets and increasing urbanization would drive market growth.

However, market growth is expected to be hampered by increasing competitive landscape and rising product development costs, along with stringent regulatory approval of veterinary drugs. A few notable trends may include an increase in meat consumption, increased pet ownership, increasing incidence of zoonotic diseases, and technological advancements.

Based on product type, the global animal health market can be segmented into feed additives, pharmaceuticals and vaccines. The food additives segment has dominated the global market in recent years, followed by pharmaceuticals and vaccines. The food additives market is expected to dominate the market in the future owing to the increase in the production of meat and dairy products.

The competitive landscape of the market, along with company profiles of key players (Merck & Co., Inc., Bayer, Eli Lilly, Boehringer Ingelheim, Zoetis Inc., and Elanco) are also presented in detail.

Main topics covered:

1. Overview

1.1 Animal health

1.2 Animal health products

1.3 Value chain analysis

2. Impact of COVID-19

2.1 Decline in meat production

2.2 Drop in Pet Adoption Rate

2.3 Impact on consumer eating habits

3. Global market

3.1 Global Animal Health Market by Value

3.2 Global Animal Health Market Forecast by Value

3.3 Global Animal Health Market by Product

3.3.1 Global Food Additives Market by Value

3.3.2 Global Food Additives Market Forecast by Value

3.3.3 Global Animal Pharmaceuticals Market by Value

3.3.4 Global Animal Pharmaceuticals Market Forecast by Value

3.3.5 Global Animal Vaccines Market by Value

3.3.6 Global Animal Vaccines Market Forecast by Value

3.4 Global Animal Health Market by Animal Type

3.4.1 Global Production Animal Health Market by Value

3.4.2 Global Production Animal Health Market Forecast by Value

3.4.3 Global Companion Animal Health Market by Value

3.4.4 Global Companion Animal Health Market Forecast by Value

3.5 Global Animal Health Market by Region

4. Regional market

4.1 North America

4.1.1 North America Animal Health Market by Value

4.1.2 North America Animal Health Market Forecast by Value

4.1.3 North America Animal Health Market by Product

4.1.4 North America Food Additives Market by Value

4.1.5 North America Food Additives Market Forecast by Value

4.1.6 North America Animal Pharmaceuticals Market by Value

4.1.7 North America Pet Pharmaceuticals Market Forecast by Value

4.1.8 North America Animal Vaccines Market by Value

4.1.9 North America Animal Vaccines Market Forecast by Value

4.1.10 North America Animal Diagnostics Market by Value

4.1.11 North America Animal Diagnostics Market Forecast by Value

4.1.12 North America Other Products Market by Value

4.1.13 North America Other Products Market Forecast by Value

4.1.14 The US animal health market by value

4.1.15 US Animal Health Market Forecast by Value

4.1.16 US Animal Health Market by Product

4.1.17 The US Animal Health Market by Species

4.2 Europe

4.3 Asia-Pacific

4.4 LINE

5. Market dynamics

5.1 Drivers of growth

5.1.1 Growth of the middle class population

5.1.2 Cattle/cow population increase

5.1.3 Rise in demand for animal protein

5.1.4 Rise in US Pet Spending

5.1.5 Growing urbanization

5.1.6 Favorable Demographics Supporting Pet Food Market

5.2 Main trends

5.2.1 Increase in meat consumption

5.2.2 Pet Insurance Growth

5.2.3 Increase in the number of pet owners

5.2.4 Increasing incidences of animal to human diseases

5.2.5 Technological advances

5.3 Challenges

5.3.1 Highly competitive landscape for new entrants

5.3.2 Rising Product Development Costs

5.3.3 Rigorous Regulatory Approval Process for Drugs

6. Competitive landscape

6.1 Global market

6.1.1 Global Animal Health Market Share by Company

7. Company Profiles

  • Merck & Co., Inc.
  • Bayer
  • Eli Lily
  • Boehringer Ingelheim
  • Zoetis Inc.
  • Elanco

For more information about this report visit https://www.researchandmarkets.com/r/o7qltl

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220513005199/en/

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KEYWORD:

INDUSTRY KEYWORD: VETERINARY HEALTH

SOURCE: Research and Markets

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PUBLISHED: 05/13/2022 05:37 AM/DISC: 05/13/2022 05:37 AM

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