Farm Animal Drug Industry raised for meat in factory farms are often genetically manipulated to grow unnaturally large and hence more profitable for the agricultural industry.
The seven-year period of the Global Farm Animal Drug Market can evaluate how the market is expected to evolve. Due to the growing demand at the end user level, the Global Farm Animal Drug Market is expected to see progress during the forthcoming period of 2019 to 2026.In 2019-2026, the market will establish monumental growth. In conjunction with primary market challenges, the potential of this industry segment has been rigorously investigated. For each manufacturer covered, this report analyzes their manufacturing sites, capacity, production, ex-factory price, proceeds and market share in global market. This report focuses on Global Farm Animal Drug Market volume and value at global level, regional level and company level. The potential of this industry segment has been rigorously investigated in conjunction with primary market challenges. This study helps to perceive the dynamic condition, important players and market drivers.
Global Farm Animal Drug Market According to Data Bridge Market Research new Market report, “By Product Type (Anti-Infective, Parasiticide Anti-inflammatory, Anesthetics, Analgesics, Hormones & Related Products, Others), By Route of Administration (Oral, Parenteral, Topical, Others), By Application (Swine, Poultry, Equine, Ruminants, Livestock), By Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies & Drug Stores, Others), By Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa)
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Global farm animal drug market is expected to rise to an estimated value of USD 25421.46 million by 2026, registering a CAGR of 6.58% in the forecast period of 2019-2026. Rising demand for contaminated free meat and proteins and rising consumption of fresh meat are the factor for the growth of this market.
Farm animal drug market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Top Major Players:
- Bayer AG
- Elanco Animal Health
- Boehringer Ingelheim
- Novartis AG
- Piedmont Animal Health
- Agrimin Limited
- Alta Genetics Inc.
- ANFISCO FACTORY OÜ
- AST Farma BV
- Bfactory Health Products B.V.
- BREMER PHARMA GMBH
- Hansen Holding A/S
- CANDIOLI Srl u.s.
- Dopharma, Hokochemie
- LAVET Pharmaceuticals Ltd.
- MSD Animal Health, among others.
GLOBAL FARM ANIMAL DRUG MARKET
Farm animals namely goat, cow, chickens, pigs and others are the animals which are raised for different purposes. Such as chickens for eggs, cow and goat provides milk and many more. Animals’ health plays an important role for daily lives and global public health. The demand for safe and high quality animal proteins such as milk, eggs, meat and fish are growing as the world population is growing. To support the animal health who are indirectly connected to the mankind, many farm animal drug manufacturers offer veterinarians and farmers innovative medicines and solutions which contribute to health and well-being of farm animals and better the quality of life.
Major Topics Covered in this Report: Global Farm Animal Drug Market
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
Chapter 13 Key Findings
Chapter 14 Appendix
Factors Driving Growth In The Global Farm Animal Drug Market
Rising production of meat & poultry:
The rising demand for meat has been increased which has increased meat production rapidly over the past 50 years, as reported by the Our World in Data publication. Its study reports that regionally Asia is the largest meat producer. It accounts for around 40.0-45.0% of total meat production. In 2013, Europe had shared 19.0% and North America had shared 15.0% of total meat production. The production of all major meat types has been increasing in complete terms. In 2013, poultry meat accounted for 35.0%, beef and buffalo meat holds a share of 22.0% and pig meat holds the highest share at approximately 35.0-40.0%.
Consumption of Meat & poultry:
Meat consumption is highest across high-income countries. As per the Our World in Data publication, in 2013 the largest meat consumers were in Australia, around 116.0 kilograms per person. Whereas in Europe nearly 80.0 kilograms were consumed and more than 110.0 kilograms were consumed by North Americans. The study also reports that as a global average per capita consumption, pigmeat is the highest of meat commodities. In 2013, the average person consumed around 16.0 Kg of pigmeat, followed by 15.0 Kg of poultry; 9.0 Kg of beef or buffalo meat; 2.0 Kg of mutton & goat and only a fraction of other meat types.
Growing focus of market players
The global farm animal drug market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America.
Analysis on the market gives us these points
- To gain insights about the major regional insights in which the Global Farm Animal Drug Market is flourishing.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Global Farm Animal Drug Market Recent industry trends and developments
- To describe and forecast the Global Farm Animal Drug Market in terms of value, by process, product type, and industry.
- Potential and niche segments/regions exhibiting promising growth
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