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Companion animal drugs systems market research report by 2021 to 2027

The companion animal drugs systems market research report analysis from recent past with an eye on coming years in this report that also offers projections Companion animal drugs systems industry targeted at helping in business decisions.

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Companion animal drugs systems market research report by 2021 to 2027

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  1. Companion animal drugs market trends research and projections for 2021- 2027 • A research study conducted by Global Market Insights, Inc., suggests that companion animal drugs market is likely to exceed the $17.6 billion mark by 2027, in terms of revenue. Given to increasing demand, companion animal drug manufacturers are introducing new products and solutions. For example, in 2019, CevaSanteAnimale announced the launch of Forceris, the first approved injectable combination of toltrazuril and gleptoferron, meant for the treatment of neonatal piglets • The companion animal drugs market is estimated to procure steady growth driven by expansive demand for drugs including parasiticides for protecting pet animals from ticks, fleas, mosquitos, and parasites. Introduction of new products for pets, development of advanced veterinary drugs backed by R&D, and surging rate of obesity in animals may fuel industry expansion. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Medicated feed additives are likely to witness rapid growth at a rate of 7.2% over the forecast timeframe owing to several benefits including refinement of quality and nutritional content of the feed. These additives help in the overall development and growth of pet animals. Companion animals who suffer from chronic diseases and long-term treatments might become unmanageable or stressed. • Cats are one of the most preferred pet animals globally, and as per reports, there are currently more than 500 million domestic cats around the world. The cats segment held a substantial valuation of above USD 4,006 million in 2020 owing to growing adoption and high prevalence of chronic diseases and health issues. • In terms of route of administration, the injectable segment accounted for the largest revenue share of 44% in 2020 and is projected to rise owing to increasing incidence of rabies, cancer and other infectious diseases. Injectables target the different skin layers directly and are given depending upon the animal type. Robust vaccine development activities could propel segment share. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/4981 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Competitive Analysis • Globally, the companion animal drugs market consists of firms such as Elanco, Symrise, Boehringer Ingelheim International GmbH, Merck & Co, Zoetis, and Ceva. These companies are working on multiple business strategies like new product innovations and launches. Request for Customization @ https://www.gminsights.com/roc/4981 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On companion animal drugs market @ https://www.gminsights.com/industry-analysis/companion-animal-drugs-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/4981 Request for customization: https://www.gminsights.com/roc/4981 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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