DALLAS, November 28, 2014 /PRNewswire/ --
MarketReportsOnline.com adds Global Animal Health Market Report: 2014 Edition industry research that says the need to increase production of farm animal products (eggs, milk, beef and other dairy products) will be a key factor for the growth of animal health market going forward. Complete report of 57 pages is available at http://www.marketreportsonline.com/376604.html .
Veterinary healthcare market globally has had a significant boost in revenues due to a number of factors. Economic development and related growth in per capita disposable income, increasing pet ownership, increasing demand for improved nutrition especially animal protein, higher attention on food safety and higher demand for greater livestock production are major factors contributing to the growth of animal health market.
The Global Animal Health Market Report: 2014 Edition research report reveals that pharmaceuticals had the largest share among the product segments in the animal healthcare market in 2013. The other two segments include medicinal feed additives and biologicals. By animal type, food producing animals had a larger share, compared to companion animals, due to increasing meat and milk consumption globally. The market is highly volatile with a lot of mergers, acquisitions and joint ventures taking place in the last few years. The competition is expected to reduce in the long run in the animal healthcare market due to increasing consolidation activities taking place. However, the changing regulatory environment in this domain and emergence of regional and country-specific companies, may introduce competition of a new dimension in the global market.
Overall, this research is a study of the animal health sector, its present and forecast market position. It discusses factors affecting market movements, changing animal population and trends. It also elucidates recent developments and challenges hindering the growth of the industry which enables the client to access opportunity areas in this space. Major countries covered in the report are the US, the UK and China. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The three major players in the industry - Zoetis, Merck and Elli Lilly are being profiled, along with their key financials and strategies for growth. Order a copy of this report at http://www.marketreportsonline.com/contacts/purchase.php?name=376604 .
Animals like people suffer from diseases and require proper care from the veterinarians, the farmers and the pet owners. Food producing animals are the species that provide animal protein including cattle (both beef and dairy), swine, poultry, sheep and fish, whereas companion animals are the animals that are kept by people for companionship, protection and enjoyment such as dogs, cats, and horses among others. Keeping animals healthy and treating them with dignity is one of the main objectives of the animal health industry and applies equally to companion animals, livestock and wild animals. Animal health market includes pharmaceuticals, vaccines and medicinal feed additives. Pharmaceuticals contribute significantly to the health and well-being of food-producing and companion animals.
List of Data Tables provided in Global Animal Health Market Report: 2014 Edition includes:
Animal Health Products
Key Differences between Animal Medicine and Human Medicine Markets
Number of the US Households that Own a Pet (2013)
Total Number of Pets Owned in the US (2013)
Basic Annual Expenses for Dogs and Cats in the US (2013)
Animal Medicines Market Segmentation in the UK (2009-2013)
UK Sales by Species (2008-2014)
The UK Animal Medicine Sales by License Category (2007-2013)
Mergers & Acquisitions in Animal Health Market
Dependent & Independent Variables (2008-2013)
Model Summary - Coefficient of Determination
Regression Coefficients Output
Demand for animal health products is pegged to economic growth. Positive GDP growth leads to rising income. Since the income of the people determines the level of spending, therefore as the income rises, people tend to spend more on animals. Increase in aging population has a positive impact on the animal health market. Elderly people need companion to alleviate loneliness and therefore most elderly people choose to have a pet. With growing aging demographics, the pet population will also increase proportionately which will further spur spending on pet products and services. The consumption of animal meat is likely to increase as people with more disposable incomes demand improved and high-value nutrition. The increased animal meat consumption and increased focus on food safety would bring about an increase in the overall animal health market.
Few relevant company profiles available with MarketReportsOnline.com include:
Animal Health International, Inc. - Strategic SWOT Analysis Review
Accura Animal Health PLC - Strategic SWOT Analysis Review
ECO Animal Health Group plc (EAH) - Financial and Strategic SWOT Analysis Review
Global Animal Feed Industry: Trends & Opportunities (2014-19) is another market research report of 72 pages that provides an in-depth analysis of global animal feed market with special focus on major countries such as Germany, France, Spain, the UK, the US, China and Brazil. It also accesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecasted period (2014-19). Further, key industry players like C.P. Pokphand, Cargill Incorporated and New Hope Group are profiled in the report. Global animal feed industry is driven by increase in consumption of animal meat, growing demand for other livestock products and increase in oilseed production. Certain factors affecting industry's growth are regulatory risks associated with animal feed, rising production costs and disease outbreak in livestock animals. The market is characterized by popular trends such as Â'Sustainable Aquaculture', medicated feed and increasing animal feed sources with algae. Complete report is available at http://www.marketreportsonline.com/336470.html .
Animal Feed Market in India 2014 is a July 2014 published research report of 124 pages that highlights the competitive market scenario of the Indian animal feed market and its growth prospects in the ensuing years. The Indian Animal Feed market is experiencing rising demand due to various driving factors which, in turn, have been instrumental in providing immense opportunities to manufacturers to grow and operate in the market lucratively. The report provides a snapshot of the market overview of the Animal Feed industry in India. It also highlights the global market scenario of the animal feed industry. The Indian animal feed market is classified into three broad segments - poultry feed, cattle feed and aqua feed, wherein poultry feed enjoys more popularity in comparison to the others. The report also gives an insight into further segmentation of these sub-markets. Moreover, the animal feed market is dominated by a large number of unorganized manufacturers. Comprehensive Table of Contents and more on this research is available at http://www.marketreportsonline.com/353877-toc.html .
Explore more reports on animal market as well as other newly published research on the healthcare industry at http://www.marketreportsonline.com/cat/healthcare-market-research.html .
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