Farm Animal Drug Market Development Status, Industry Analysis and Growing Demand with Top Companies Analysis Bayer AG, Boehringer Ingelheim International GmbH, Ceva, Elanco, Idexx Laboratories, Merck KGaA
Pune, Maharashtra, India, June 18 2020 (Wiredrelease) Data Bridge Market Research — Farm Animal Drug Market 2020 report lists and studies the leading competitors, as well as provides the insights with strategic industry analysis of the key factors influencing the market dynamics. Such segmental analysis will help clients to focus on high-growth areas of the global market. Research and development statuses of these companies and the complete information about their existing products and the ones in the pipeline have also been mentioned in the report. Most of the segments in this report include graphs to give the readers a bird’s eye view. As quality is the soul of the business, this Global Farm Animal Drug Market report has also been provided with an utmost quality.
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. Also Global Farm Animal Drug Market By Product Type (Anti-Infective, Parasiticides, Anti-inflammatory, Anesthetics, Analgesics, Hormones and Related Products, Others), Animal Type (Livestock Animals, Equine), Route of Administration (Oral, Parenteral, Topical, Others), Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies and Drug Stores, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
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Top Competitors Included:
Bayer AG,
Boehringer Ingelheim International GmbH,
Ceva,
Elanco,
Idexx Laboratories,
Merck KGaA,
Phibro Animal Health Corporation.,
Vetoquinol,
Virbac,
Zoetis,
Kyoritsuseiyaku Corporation,
Nippon Zenyaku Kogyo Co., Ltd.,
Alembic Pharmaceuticals Limited.,
SeQuent,
Ashish Life Science.,
Ouro Fino Saude Animal,
Dechra Pharmaceuticals
Key Developments in the Market:
In September 2016, Dechra Pharmaceuticals announced that they are opening their new laboratory in Croatian capital Zagreb so that they can expand their experimental treatments. It will help the company to expand them in the lucrative poultry vaccine market so that they can strengthen their position in the market.
In April 2014, Eli Lilly and Company announced that they acquired Novartis Animal Health so that they can expand their animal health business, Elanco. This will also help the company to acquire, six dedicated research and development facilities, nine manufacturing sites, and their portfolio of approximately 600 products. This acquisition will help the company to expand their product portfolio and create new more innovations so that they can meet the need and requirement of the people.
Segmentation: Global Farm Animal Drug Market
By Product Type
Anti-Infective,
Parasiticides,
Anti-inflammatory,
Anesthetics,
Analgesics,
Hormones and Related Products, Others
By Animal Type
Livestock Animals,
Equine
By Route of Administration
Oral,
Parenteral,
Topical,
Others
By Distribution Channel
Veterinary Hospitals,
Veterinary Clinics,
Pharmacies and Drug Stores,
Others
By Geography
North America,
South America,
Europe,
Asia-Pacific,
Middle East and Africa
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Market Drivers
Rising usage of farm drugs in medical substances is driving the market growth
Increasing prevalence for branded and good quality pharmaceuticals and drugs is another factor driving market
Rising production of anti-infective and penetration of parasiticides is driving market
Growing demand for contaminated free meats and protein is driving market.
Market Restraints
Dearth of awareness about the usage of drugs for animal is restraining the market growth
Strict government rules related to the usage of farm animal drugs is another factor restraining market.
Lack of skilled and trained professionals is another factor restraining market.
Reasons to Purchase this Report
Current and future of global farm animal drug market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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