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Veterinary drugs are used to cure and prevent diseases in animals, including animals used for food production. Veterinary drugs are given to animals via feed or drinking water, or by injection.
According to our (Global Info Research) latest study, the global Veterinary Drugs market size was valued at USD 24410 million in 2022 and is forecast to a readjusted size of USD 34950 million by 2029 with a CAGR of 5.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key players of Veterinary Drug include Zoetis, Elanco, Boehringer Ingelheim, Merck, etc. The top four players of Veterinary Drug account for approximately 56% of the total market. Asia-Pacific is the largest market of Veterinary Drug accounting for about 34%, followed by Europe and North America. In terms of Type, Parasiticides is the largest segment, with a share about 28%. And in terms of Application, the largest application is Pets, followed by Cattle.
This report is a detailed and comprehensive analysis for global Veterinary Drugs market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Veterinary Drugs market size and forecasts, in consumption value ($ Million), 2018-2029
Global Veterinary Drugs market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Veterinary Drugs market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Veterinary Drugs market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Veterinary Drugs
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Veterinary Drugs market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zoetis Inc., Boehringer Ingelheim Animal Health, Merck Animal Health, Elanco and Bayer AG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Veterinary Drugs market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Treatment Drugs
- Vaccines
- Others
Market segment by Application
- Chickens
- Swine
- Cattle
- Others
Market segment by players, this report covers
- Zoetis Inc.
- Boehringer Ingelheim Animal Health
- Merck Animal Health
- Elanco
- Bayer AG
- Ceva Sante Animale S.A.
- Virbac SA
- Vetoquinol SA
- IDEXX Laboratories, Inc.
- Covetrus, Inc.
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Veterinary Drugs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Veterinary Drugs, with revenue, gross margin and global market share of Veterinary Drugs from 2018 to 2023.
Chapter 3, the Veterinary Drugs competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Veterinary Drugs market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Veterinary Drugs.
Chapter 13, to describe Veterinary Drugs research findings and conclusion.