Animal Healthcare Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2019

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Transparency Market

Research

Animal Healthcare Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2014 - 2019

Published Date

2014-06-11

117 Page Report

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Article

Global Animal Healthcare Market Reports Impressive Growth

on Account of Rising Consumption of Animal Products

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Animal healthcare market

REPORT DESCRIPTION

Animal Healthcare Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast, 2014 – 2019

The animal healthcare market is registering impressive growth in the global arena. In 2013, the

market stood at US$27,861.2 million. From 2014 to 2019, analysts expect this market to rise at a

CAGR of 7.1% to reach US$41,929.1 million by 2019. The demand for proper animal healthcare is

on the rise nowadays owing to growing consumer awareness and increase in the consumption of

animal products across the globe.

Browse The Market Research Report of Animal Healthcare Market :

http://www.transparencymarketresearch.com/animal-healthcare-industry.html

High Cost of Animal Testing to Hamper Market Growth

The rising trend of adopting pets in middle and upper middle class demographics, coupled with

the growing prevalence of food-borne and zoonotic disorders, is adding to the growth of the

global animal healthcare market.On the other hand, regulatory authorities in several economies

have imposed strict rules regarding the usage of drugs on animals, which is impacting the sales

of antibiotics and limiting the growth of the animal healthcare market. Further, the high costs

associated with animal testing are restricting the scope of companies working in the animal

healthcare market to research and develop new and innovative drugs. However, occurrence of

unidentified diseases at regular...