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Livestock Pharmaceuticals Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

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livestock pharmaceuticals market global market

Livestock Pharmaceuticals Market: Global Market Estimation,

Livestock Pharmaceuticals Market: Global Market Estimation,

Dynamics, Regional Share, Trends, Competitor Analysis 2012

Dynamics, Regional Share, Trends, Competitor Analysis 2012- -2016

and Forecast 2017

and Forecast 2017- -2023

2023

2016

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livestock pharmaceuticals market livestock

Livestock Pharmaceuticals Market

Livestock Pharmaceuticals Market

Global Livestock Pharmaceuticals Market:

Market Outline: Global Livestock Pharmaceuticals Market

Livestock pharmaceuticals are used to treat various diseases in animals such as infectious diseases, parasitic diseases, and inflammatory diseases among others. Vaccines are administered to

livestock for the prevention of various diseases which increase the immunity of the livestock and makes animal healthy. Livestock pharmaceuticals can be administered as solids or liquids

directly to the livestock or some pharmaceuticals can be mixed with the animal feed.

Market Dynamics: Global Livestock Pharmaceuticals Market

Increase in the prevalence of various livestock diseases such as bird flu in poultry, rise in animal welfare expenditure, government initiatives for the animal health management, and rise in

demand for healthy meat and other livestock products are anticipated to fuel the livestock pharmaceuticals market. Moreover, rise in disposable income, increase in the awareness about

livestock diseases and treatment, and rise in R&D activities for the innovation of newer therapeutics and vaccines might bolster the growth of the market. However, stringent regulatory

guidelines for veterinary medicine approval, ban of certain antibiotics used in the animal diseases, poor availability of drugs in the underdeveloped regions, and dearth of skilled veterinary

professionals are hampering the growth of the market.

Market Scope: Global Livestock Pharmaceuticals Market

Livestock pharmaceuticals market is segmented on the basis of drug class, disease type, route of administration, livestock type, and distribution channel

Based on the drug class, livestock pharmaceuticals is segmented into the following:

Vaccines

Antivirals

Antibiotics

Parasiticides

Anti-inflammatory drugs

Others

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livestock pharmaceuticals market livestock 1

Livestock Pharmaceuticals Market

Livestock Pharmaceuticals Market

Based on the disease type, livestock pharmaceuticals market is segmented into the following:

Neurological disorders

Infectious diseases

Viral diseases

Bacterial diseases

Fungal diseases

Others

Based on the route of administration, livestock pharmaceuticals market is segmented into the following:

Oral

Parenteral

Topical

Others

Based on the livestock, livestock pharmaceuticals market is segmented into the following:

Poultry

Aquatic Animals

Swine

Equine

Sheep

Cattle

Others

Based on the distribution channel, livestock pharmaceuticals market is segmented into the following:

Veterinary hospitals

Veterinary pharmacies

Online pharmacies

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livestock pharmaceuticals market livestock 2

Livestock Pharmaceuticals Market

Livestock Pharmaceuticals Market

Market Summary: Livestock Pharmaceuticals Market

Livestock pharmaceuticals market growing at a significant CAGR owing to increase in the R&D activities for the innovation of newer drugs for various livestock diseases. Increase in the

prevalence of various livestock diseases, rise in demand for healthy meat and other livestock products, increase in the farming of aquatic animals might propel the livestock pharmaceuticals

market over the forecast period. Acquisitions & mergers, collaborations, and product launching are the strategies followed by the companies for increasing their revenue share in livestock

pharmaceuticals market. For instance, in November 2014, Merck Animal Health launched Finadyne a transdermal non-steroidal anti-inflammatory drug used in cattle for the treatment of pyrexia

associated with bovine respiratory disease. In addition, in March 2016, Zoetis Inc. inked an agreement with Sanofi’s Merial unit for diversifying the product portfolio and marketing the vaccines

and drugs for dairy cattle in India.

Regional Analysis: Livestock Pharmaceuticals Market

Geographically, livestock pharmaceuticals market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Increase in the R&D activities for the

development of newer drugs by several U.S. pharmaceutical companies, rise in awareness about the veterinary diseases and treatment, increase in the animal welfare expenditure, and rise in

product approvals for livestock diseases are anticipated to propel the North America livestock pharmaceuticals market. Europe livestock pharmaceuticals market growth driven by rise in

the production of aquatic animals in Norway, Denmark, Ireland, and other European countries, increase in the demand for healthy meat and other livestock products, rise in the disposable

income, and increase in the prevalence of zoonotic diseases. However, Asia Pacific livestock pharmaceuticals market growing at significant rate owing to increase in population demanding

for quality meat, launching of newer drugs in Asia Pacific region, and industrialization of poultry sector in the region.

Market Participants: Livestock Pharmaceuticals Market

Some of the players in livestock pharmaceuticals market are Merck Animal Health (U.S.), Zoetis Inc. (Pfizer) (U.S.), Boehringer Ingelheim (Germany), Ceva Animal Health (France), Bayer

Animal Health (Germany), Virbac Inc. (France), ElancoAnimal Health (U.S.), Eco Animal Health (U.K.), and Heska Corporation (U.S.) to name a few.

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livestock pharmaceuticals market livestock 3

Livestock Pharmaceuticals Market

Livestock Pharmaceuticals Market

Notable Market Developments: Livestock Pharmaceuticals Market

In July 2017, ECO Animal Health received FDA approval for Aivlosin an antibiotic used in the treatment of major enteric and respiratory diseases in poultry and swine

In March 2017, Merck Animal Health acquired Brazilian company Vallee S.A. for strengthening its livestock pharmaceuticals product portfolio

Key Features of the Report:

The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)

The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies

The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

The report tracks recent innovations, key developments and startup’s details that are actively working in the market

The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology

advancements and innovations in the market

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