Animal Healthcare Market - Share, Trends, Analysis and Size to 2019

Animal Healthcare Market – Global study on Animal Healthcare by 2019

Persistence Market Research

Animal Healthcare Market to reach value of

USD 41,929.1 million in 2019 - Persistence

Market Research

Persistence Market Research

1

Animal Healthcare Market – Global study on Animal Healthcare by 2019

Persistence Market Research Released New Market Report on “Global Market Study on Animal

Healthcare: Feed Additives to Witness Highest Growth by 2019,” the global animal healthcare market

was valued at USD 27,861.2 million in 2013 and is expected to grow at a CAGR of 7.1% from 2014 to

2019, to reach an estimated value of USD 41,929.1 million in 2019.

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Increasing population of companion and production animals is driving the global animal healthcare

market. The animals that serve man by giving companionship and guarding their houses/offices are

termed as companion animals, while those animals which serve mankind with their meat and milk and fur

are called production animals.

The new types of diseases in animals and their transfer to humans via their product consumption and

companionship are escalating the animal healthcare market globally. However, some challenges in the

form of regulations have emerged against the excess use of antibiotics in production animals, and

legislations and protest of animal activists and institutions against animal research.

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The animal healthcare market is very competitive with the top ten players accounting for about threefourth of the market. The companies are focusing on their research and development activities to produce

better pharmaceutical and vaccine products for the existing and newly diagnosed diseases.

The animal healthcare market is segmented as feed additives, pharmaceuticals and vaccines. Feed

additives can be further categorized as nutritional feed additives and medicinal...