Title: animal pharmaceuticals market
12022
Over 3,000.0 Growth Predicted in Motion Sensor
Market till 2030
2These days, the adoption of animal as pets has
been increasingly rapidly, as people are getting
more attached to animals. A number of studies
have shown that adopting a pet make a person
happier and even elongate their lives. Pets are
of specific help to people who suffer from
stress, depression, anxiety, or any other mental
health issue. The affectionate nature of pets,
especially dogs, can considerably aid in dealing
mental health issues. Furthermore, pets can have
a significant effect on the psyche of children
and can help them in learning valuable life
lessons. Just like humans, animals suffer from
health problems and need regular health checkups,
which is why the animal pharmaceuticals market is
growing rapidly. Pharmaceuticals for animals are
utilized for treating, diagnosing, and curing
veterinary disorders and diseases. In addition to
this, the consumption of protein-rich foods, such
as meat, eggs, and milk is on a rise all across
the globe. Animals that are reared for the
purpose of consumption need to be free of any
kind of diseases, otherwise, the disease may be
transmitted to human beings. This is further
resulting in the rising demand for animal
pharmaceuticals. Request for sample copy of
this report https//www.psmarketresearch.com/mark
et-analysis/animal-pharmaceuticals-market/report-s
ample A number of animal pharmaceuticals are
present in the market, including
endoparasiticides, ectoparasiticides,
bronchodilators, and anti-inflammatories. Out of
these, the demand for ectoparasiticides has been
the highest up till now. These pharmaceutical
products are further of different types, namely
coumaphos, ivermectin, fipronil, and
cypermethrin. A major reason for the growing
demand for all these pharmaceuticals is the
increasing awareness in emerging economies
regarding new diseases. Owing to this, pharma
companies are increasingly investing and engaging
in research and development activities for the
development of new drugs. The main focus of these
activities is to be prepared in case animals
start getting affected by new diseases.
3It is due to such factors that the global animal
pharmaceuticals market is predicted to register
considerable growth in the years to come. On the
basis of animal type, the market is divided into
production animals, including poultry and
livestock, and companion animals, including
equine, canine, and feline. Among these, the
companion animals category accounted for the
larger share of the market in the past. Other
than this, the production animals category is
expected to advance at a faster pace in the years
to come, which can be attributed to the
increasing awareness regarding livestock-related
diseases. Browse full report at
https//www.psmarketresearch.com/market-analysis/a
nimal-pharmaceuticals-market Geographically,
North America held the largest share of the
market in the past, owing to the swift
urbanization, surging consumption of meat and
milk products, and higher standard of living.
Apart from this, the demand for animal
pharmaceuticals is also projected to rise
substantially in Asia-Pacific, thereby making the
region the fastest-growing animal pharmaceuticals
market in the near future. This can be owing to
the growing export of animal products, which is
compelling farm worker and owners to maintain the
health of farm animals. Moreover, the improving
living standards in China and India is also
driving the demand for animal pharmaceuticals. I
n conclusion, the market is being driven by the
growing adoption of pets and increasing
consumption of meat across the globe.
4Market Segmentation
- GLOBAL ANIMAL PHARMACEUTICALS MARKET
- By Product
- By Animal Type
- By Region
- GLOBAL ANIMAL PHARMACEUTICALS MARKET, BY PRODUCT
- Ectoparasiticides
- Ivermectin
- Cypermethrin
- Fipronil
- Coumaphos
- Others
- Endoparasiticides
- Ivermectin
- Praziquantel
- Flubendazole
- Fenbendazole
- Pyrantel
- Bronchodilators
- Theophylline
- Albuterol
- Others
- Others
- GLOBAL ANIMAL PHARMACEUTICALS MARKET, BY ANIMAL
TYPE - Companion Animals
- Canine
- Production Animals
- Livestock
- Poultry
- GLOBAL ANIMAL PHARMACEUTICALS MARKET, BY
GEOGRAPHY - North America Animal Pharmaceuticals Market
- Europe Animal Pharmaceuticals Market
- Asia-Pacific Animal Pharmaceuticals Market
- Rest of the World (RoW) Animal Pharmaceuticals
Market
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