North America to Continue Leading Global Veterinary Drugs Market Throughout the Forecast Period Owing to Higher Prevalence of Pet Ownership
Infinium Global Research has added a new report on Global Veterinary Drugs Market:
Trends Analysis and Forecast 2023. The report presents analysis global as well as regional markets of Veterinary Drugs over the period of 2017 to 2023. Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2017 to 2023.
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North America region dominated the global veterinary drugs market followed by Europe veterinary drugs market, Whereas, Asia Pacific projected growing at higher CAGR. Rising initiatives towards animal healthcare and increasing adoption of medicated feed additives for livestock companion have surged demand for veterinary drugs in Asia Pacific region. Based on countries India, China, U.S., Germany, and UK are the important contributors. Moreover, Introduction and development of new drug that capable of combat fighting against virus growing in the animal has played vital role in driving the Veterinary Drugs market across the globe. Similarly factors such as increase in ownership of companion animal, rising clinical animal researches in order to treat disease and related disorder as well as increased safety and effectiveness of veterinary drugs have equally contributed in the overall market growth. Furthermore, increasing research and development investment in animal health coupled with rising expenditure on animal health expected to drive global market.
Based on type of drug Anti-Infective drug segment held the maximum market shares , and expected to retain its dominance in the years to come. Among the geographies North America dominated the global market and it is anticipated to retain its dominance by accounting largest market shares during forecast period of 2017 to 2023. The report covers the analysis of global as well as regional markets of the Veterinary Drugs market. Moreover the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of Veterinary Therapeutics. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the Veterinary Drugs that will impact the demand during the forecast period.
The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
The companies covered in the report include Boehringer Ingelheim GmbH, Bayer AG., Elanco Animal Health (Eli Lilly and Company), Ceva Santé Animale, Dechra Pharmaceuticals PLC., Merck & Co., Inc., Virbac, Vetoquinol, and others.
Reasons to buy this report
1)Comprehensive analysis of global as well as regional markets of Veterinary Drugs.
2)Complete coverage of all the type, form, processing, and application segments to analyze the trends, developments, and forecast of market size up to 2023.
3)Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4)Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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