Over the past few year, factors such as Increasing adoption of companion animals have contributed to the development of the Global Animal Health Care market.
Undoubtedly, Rising prevalence of food-borne zoonotic
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Animal Health Care market is expected to make a significant contribution growing at a CAGR of 4.6%.
AMA research has engaged in the competitive assessment of China & Global Animal Health Care Players for 5 years. The Top 10 Competitive Players in the Animal Health Care in 2023 clearly displays the competitive situations of main Animal Health Care Playersin 2023. The research shows that companies in top 10 list are divided up by dominating countries, namely, Global occupying half of the list showcasing strong market competitive advantage.
The Distribution Channel , such as Online, is boosting the Animal Health Care market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Product Type , such as Additive feed, is boosting the Animal Health Care market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
With the multiple advantages of technology, cost and service, many major Players such as Bayer Healthcare AG (Germany), Boehringer Ingelheim GmbH (Germany), Cargill Inc. (United States), Ceva Sante Animale (France), Eli Lilly and Company (United States), Evonik Industries (Germany), Merck & Co. Inc. (United States), Nutreco N.V. (Netherlands), Sanofi S.A. (France) and Zoetis Inc. (United States) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Animal Health Care industry. It is understood that currently domestic Animal Health Care players has been massively used by players in Asia Pacific.This framework should serve as a basic structure to support the strategic decision-making process for industry players. For instance, the question of whether a Players wants to expand into other areas of the market value chain fundamentally determines its strategy.
The Animal Welfare Act was signed into law in 1966. It is the only Federal law in the United States that regulates the treatment of animals in research, exhibition, transport, and by dealers. Other laws, policies, and guidelines may include additional species coverage or specifications for animal care and use, but all refer to the Animal Welfare Act as the minimum acceptable standard. The Act is enforced by USDA, APHIS, and Animal Care
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Animal Health Care market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Data Triangulation The overall Animal Health Care market size is calculated using market estimation process, the Animal Health Care market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Animal Health Care market size has been validated using both top-down and bottom-up approaches.