Global Animal Healthcare Market - Egments, Dynamics, Size, Forecast to 2019

Global Animal Healthcare Market - Increasing population of

companion and production animals are the key drivers of the

market (2019)

Persistence Market Research

Global Animal Healthcare Market Expected

to Progress an estimated value of USD

41,929.1 million in 2019 - Persistence Market

Research

Persistence Market Research

1

Global Animal Healthcare Market - Increasing population of

companion and production animals are the key drivers of the

market (2019)

Persistence Market Research Released New Market Report on “Global Animal

Healthcare Market - Increasing population of companion and production animals

are the key drivers of the market (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.

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.

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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 three-fourth of the market. The companies are focusing...