Animal Health Market is Presumed to Witness a Exponential CAGR of 5.7% During Forecast 2018-2023

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Animal Health Market
Industry Insights, Growth, Segmentationand
Forecasts to 2023
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ANIMAL HEALTH MARKET
Animal Health Market Global Forecast to 2023

• Animal health is medical term related to the
  wellbeing of the animals and achieved by
  efficient prevention and control of animal
  diseases, it is important with respect to
  pre-harvest food safety aspects.
• The growing pet insurance, rising incidence rate
  of zoonotic diseases, growing pet population, and
  spending on animal health are the major factors
  driving the growth of the global animal health
  market.
• Additionally, improvement in productivity, rising
  focus toward food safety, and increasing pet
  ownership also fueling the growth of market
  during forecast periods.
• For instant, according to the data published in
  2016 by the North American Pet Health Insurance
  Association (NAPHIA), the growth of the pet
  health insurance in North America was exceeded by
  17.2 from 2014 to 2015.

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ANIMAL HEALTH MARKET
Major Key Players

• Bayer AG
• Boehringer Ingelheim GmbH
• Ceva Sante Animale
• Elanco
• Eli Lilly
• Merck Animal Health
• Nutreco N.V.
• Vetiquinol SA
• Virbac
• Zoeti

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ANIMAL HEALTH MARKET
Segmentation

• The global animal health market has been
  segmented on the basis of animal type, product,
  route of administration, and distribution
  channel.
• On the basis of animal type, the market has been
  segmented into farm animal and companion animal.
• Based on route of administration, the market has
  been segmented into oral, parenteral, topical,
  and others. The market, by distribution channel,
  has been segmented into veterinary hospitals
  clinics, retail, e-commerce, and others
• On the basis of animal type farm animal segment
  is expected to hold the largest market share of
  the animal health market.

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