Veterinary Products Market Developments by 2031
Veterinary products provide their cattle/pets with quality and effective healthcare solutions, daily nutrition, and boost to animal health. Veterinary products are essential tools in the prevention and control of animal diseases.
MARKET DYNAMICS
Growing demand for veterinary feed supplements and injections, increased pet adoption rate, and raising awareness of animal health across the globe propel the veterinary products market growth. However, the high cost of veterinary health products and animal health testing may hinder the market growth.
MARKET SCOPE
The "Veterinary Products Market Analysis to 2031" is a specialized and in-depth study of the Pharmaceuticals industry with a special focus on the global market trend analysis. The report aims to provide an overview of veterinary products market with detailed market segmentation with animal type and product. The veterinary products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in veterinary products market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The veterinary products market is segmented on the basis of product and animal type. On the basis of product, the veterinary products market is divided into Vaccines, Performance Enhancers, Animal Pharmaceutical Products, Medicinal Feed Additives and Other. Based on animal type, the veterinary products market can be segmented as pet, livestock, poultry and other animals.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the veterinary products market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The veterinary products market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting veterinary products market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the veterinary products market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the veterinary products market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The veterinary products market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting veterinary products market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the veterinary products market in these regions.
MARKET PLAYERS
The report covers key developments in veterinary products market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from veterinary products market are anticipated to have lucrative growth opportunities in the future with the rising demand for veterinary products in the global market. Below mentioned is the list of few companies engaged in the veterinary products market.
The report also includes the profiles of key players in veterinary products market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Zoetis Inc.
- Boehringer Ingelheim International GmbH.
- Virbac
- VÉTOQUINOL S.A.
- Elanco.
- Bayer AG
- Dechra Pharmaceuticals PLC
- Meiji Holdings Co., Ltd.
- Ouro Fino Saude
- Ceva Animal Health
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Veterinary Products Market - By Product
1.3.2 Veterinary Products Market - By Animal Type
1.3.3 Veterinary Products Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VETERINARY PRODUCTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. VETERINARY PRODUCTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VETERINARY PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
6.1. VETERINARY PRODUCTS - GLOBAL MARKET OVERVIEW
6.2. VETERINARY PRODUCTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VETERINARY PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. VACCINES
7.3.1. Overview
7.3.2. Vaccines Market Forecast and Analysis
7.4. PERFORMANCE ENHANCERS
7.4.1. Overview
7.4.2. Performance Enhancers Market Forecast and Analysis
7.5. ANIMAL PHARMACEUTICAL PRODUCTS
7.5.1. Overview
7.5.2. Animal Pharmaceutical Products Market Forecast and Analysis
7.6. MEDICINAL FEED ADDITIVES
7.6.1. Overview
7.6.2. Medicinal Feed Additives Market Forecast and Analysis
7.7. OTHER
7.7.1. Overview
7.7.2. Other Market Forecast and Analysis
8. VETERINARY PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - ANIMAL TYPE
8.1. OVERVIEW
8.2. ANIMAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. PET
8.3.1. Overview
8.3.2. Pet Market Forecast and Analysis
8.4. LIVESTOCK
8.4.1. Overview
8.4.2. Livestock Market Forecast and Analysis
8.5. POULTRY
8.5.1. Overview
8.5.2. Poultry Market Forecast and Analysis
8.6. OTHER ANIMALS
8.6.1. Overview
8.6.2. Other Animals Market Forecast and Analysis
9. VETERINARY PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Veterinary Products Market Overview
9.1.2 North America Veterinary Products Market Forecasts and Analysis
9.1.3 North America Veterinary Products Market Forecasts and Analysis - By Product
9.1.4 North America Veterinary Products Market Forecasts and Analysis - By Animal Type
9.1.5 North America Veterinary Products Market Forecasts and Analysis - By Countries
9.1.5.1 United States Veterinary Products Market
9.1.5.1.1 United States Veterinary Products Market by Product
9.1.5.1.2 United States Veterinary Products Market by Animal Type
9.1.5.2 Canada Veterinary Products Market
9.1.5.2.1 Canada Veterinary Products Market by Product
9.1.5.2.2 Canada Veterinary Products Market by Animal Type
9.1.5.3 Mexico Veterinary Products Market
9.1.5.3.1 Mexico Veterinary Products Market by Product
9.1.5.3.2 Mexico Veterinary Products Market by Animal Type
9.2. EUROPE
9.2.1 Europe Veterinary Products Market Overview
9.2.2 Europe Veterinary Products Market Forecasts and Analysis
9.2.3 Europe Veterinary Products Market Forecasts and Analysis - By Product
9.2.4 Europe Veterinary Products Market Forecasts and Analysis - By Animal Type
9.2.5 Europe Veterinary Products Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Veterinary Products Market
9.2.5.1.1 Germany Veterinary Products Market by Product
9.2.5.1.2 Germany Veterinary Products Market by Animal Type
9.2.5.2 France Veterinary Products Market
9.2.5.2.1 France Veterinary Products Market by Product
9.2.5.2.2 France Veterinary Products Market by Animal Type
9.2.5.3 Italy Veterinary Products Market
9.2.5.3.1 Italy Veterinary Products Market by Product
9.2.5.3.2 Italy Veterinary Products Market by Animal Type
9.2.5.4 Spain Veterinary Products Market
9.2.5.4.1 Spain Veterinary Products Market by Product
9.2.5.4.2 Spain Veterinary Products Market by Animal Type
9.2.5.5 United Kingdom Veterinary Products Market
9.2.5.5.1 United Kingdom Veterinary Products Market by Product
9.2.5.5.2 United Kingdom Veterinary Products Market by Animal Type
9.2.5.6 Rest of Europe Veterinary Products Market
9.2.5.6.1 Rest of Europe Veterinary Products Market by Product
9.2.5.6.2 Rest of Europe Veterinary Products Market by Animal Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Veterinary Products Market Overview
9.3.2 Asia-Pacific Veterinary Products Market Forecasts and Analysis
9.3.3 Asia-Pacific Veterinary Products Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Veterinary Products Market Forecasts and Analysis - By Animal Type
9.3.5 Asia-Pacific Veterinary Products Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Veterinary Products Market
9.3.5.1.1 Australia Veterinary Products Market by Product
9.3.5.1.2 Australia Veterinary Products Market by Animal Type
9.3.5.2 China Veterinary Products Market
9.3.5.2.1 China Veterinary Products Market by Product
9.3.5.2.2 China Veterinary Products Market by Animal Type
9.3.5.3 India Veterinary Products Market
9.3.5.3.1 India Veterinary Products Market by Product
9.3.5.3.2 India Veterinary Products Market by Animal Type
9.3.5.4 Japan Veterinary Products Market
9.3.5.4.1 Japan Veterinary Products Market by Product
9.3.5.4.2 Japan Veterinary Products Market by Animal Type
9.3.5.5 South Korea Veterinary Products Market
9.3.5.5.1 South Korea Veterinary Products Market by Product
9.3.5.5.2 South Korea Veterinary Products Market by Animal Type
9.3.5.6 Rest of Asia-Pacific Veterinary Products Market
9.3.5.6.1 Rest of Asia-Pacific Veterinary Products Market by Product
9.3.5.6.2 Rest of Asia-Pacific Veterinary Products Market by Animal Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Veterinary Products Market Overview
9.4.2 Middle East and Africa Veterinary Products Market Forecasts and Analysis
9.4.3 Middle East and Africa Veterinary Products Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Veterinary Products Market Forecasts and Analysis - By Animal Type
9.4.5 Middle East and Africa Veterinary Products Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Veterinary Products Market
9.4.5.1.1 South Africa Veterinary Products Market by Product
9.4.5.1.2 South Africa Veterinary Products Market by Animal Type
9.4.5.2 Saudi Arabia Veterinary Products Market
9.4.5.2.1 Saudi Arabia Veterinary Products Market by Product
9.4.5.2.2 Saudi Arabia Veterinary Products Market by Animal Type
9.4.5.3 U.A.E Veterinary Products Market
9.4.5.3.1 U.A.E Veterinary Products Market by Product
9.4.5.3.2 U.A.E Veterinary Products Market by Animal Type
9.4.5.4 Rest of Middle East and Africa Veterinary Products Market
9.4.5.4.1 Rest of Middle East and Africa Veterinary Products Market by Product
9.4.5.4.2 Rest of Middle East and Africa Veterinary Products Market by Animal Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Veterinary Products Market Overview
9.5.2 South and Central America Veterinary Products Market Forecasts and Analysis
9.5.3 South and Central America Veterinary Products Market Forecasts and Analysis - By Product
9.5.4 South and Central America Veterinary Products Market Forecasts and Analysis - By Animal Type
9.5.5 South and Central America Veterinary Products Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Veterinary Products Market
9.5.5.1.1 Brazil Veterinary Products Market by Product
9.5.5.1.2 Brazil Veterinary Products Market by Animal Type
9.5.5.2 Argentina Veterinary Products Market
9.5.5.2.1 Argentina Veterinary Products Market by Product
9.5.5.2.2 Argentina Veterinary Products Market by Animal Type
9.5.5.3 Rest of South and Central America Veterinary Products Market
9.5.5.3.1 Rest of South and Central America Veterinary Products Market by Product
9.5.5.3.2 Rest of South and Central America Veterinary Products Market by Animal Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. VETERINARY PRODUCTS MARKET, KEY COMPANY PROFILES
11.1. ZOETIS INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BOEHRINGER INGELHEIM INTERNATIONAL GMBH.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. VIRBAC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. VÉTOQUINOL S.A.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ELANCO.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BAYER AG
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. DECHRA PHARMACEUTICALS PLC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MEIJI HOLDINGS CO., LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. OURO FINO SAUDE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CEVA ANIMAL HEALTH
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Zoetis Inc.
2. Boehringer Ingelheim International GmbH.
3. Virbac
4. VÉTOQUINOL S.A.
5. Elanco.
6. Bayer AG
7. Dechra Pharmaceuticals PLC
8. Meiji Holdings Co., Ltd.
9. Ouro Fino Saude
10. Ceva Animal Health
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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