Animal Healthcare Market will register a CAGR of 4% during 2020-2024. The market’s growth momentum will Accelerate.
the rise in incidences of zoonotic diseases will be one of the major factors driving the growth of this market. Additionally, key Animal Healthcare Market trends such as the increasing role of organic tracing elements for improving livestock production will also influence the market growth during the forecast period.
Animal Healthcare Market Size
During the forecast period, the Animal Healthcare Market size will grow by USD 7.98 bn.
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Animal Healthcare Market: Vendors
The market is concentrated and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Animal Healthcare Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
Bayer AG | C. H. Boehringer Sohn AG & Co. KG | Cadila Healthcare Ltd. | Dechra Pharmaceuticals Plc | Elanco Animal Health Inc. | Heska Corp. | Merck & Co. Inc. | Norbrook Laboratories Ltd. | Virbac SA | Zoetis Inc.. the list
are some of the companies covered in Technavio’s Animal Healthcare Market report for 2020-2024.
Animal Healthcare Market: Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Animal Healthcare Market.
North America will account for the largest Animal Healthcare Market share and during 2020-2024, the region will contribute to 41% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Animal Healthcare Market report also analyzes the market by Pharmaceutical | Feed additive | Biological | North America | APAC | Europe | South America | MEA.
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