Asia-Pacific: Emerging Market for Equine Healthcare

Global equestrian market consists of horse racing and betting, competitive riding and leisure. It supports various secondary markets of which equine healthcare is major. This market includes equine diagnostic products, supplement products and therapeutic products. The objective of this report is to study the demand for equine healthcare products in the market and to know its potential growth. The report focuses on various types of products to know the areas of growth in this market.

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The participants attracted by high return on investment (ROI) are leading to market expansion. Also, investment by various other geographical regions in horse racing is driving the growth of this market. However, availability of alternatives to gambling such as online betting and the declining population of equine is limiting the growth of this market. The emerging sub segments in this market would provide growth opportunities in this market. The Asia-Pacific market may also serve as an emerging market, thereby providing growth opportunity to this market.

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Global Equine Healthcare Market by Therapeutic Product Type

Based on therapeutic product types this market can be classified into equine therapeutics market and equine vaccines market. These have many other products including various vaccines, anti-bacterial, anti-viral anti-protozoal, laxatives and dopamine.

Global Equine Healthcare Market by Diagnostic Product Type

Based on diagnostic products types this market is classified into equine pregnancy and gestation diagnostic products and equine genotyping analysis products.

Global Equine Healthcare Market by Supplement Product Type

Based on its supplement product types this market is classified into equine performance supplements and equine protection supplements. The use of performance supplement is...