[copy]Companion Animal Drug Market-By Animal Type (Dogs, Cats, Horses, Other Animals); By Drug; Route of Administration (Oral, Parenteral, Other); and By Sales Channel-Global Demand Analysis and Opportunity Outlook 2021- 2029 | NEWSCAST

Research Nester Private Limited published a research report on May 25, 2021 that provides a forecast assessment of the companion animal drug market. It highlights several key market dynamics such as growth drivers, market opportunities, challenges and threats for the companion animal drugs market.
Increasing initiatives by government regulatory bodies to promote animal health products in the market, and increasing pet adoptions are expected to boost the demand for animal health products in the market. Market growth can also be attributed to factors such as increased R&D investment by major players to approve new drugs in the animal health market. According to data collected from the American Humane Society, 84.9 million households had pets in 2020. Such increased adoption of pets in the United States has increased the demand for veterinary drugs in the market.

growth driver

Increasing Adoption of Animals as Pets
Increasing Approvals for Veterinary Drugs

Report sample URL: https://www.researchnester.jp/sample-request-2964

Market segmentation insights

Reports are by animal type (dogs, cats, horses, other animals); by drug (antiparasitics, antibiotics, anti-inflammatory drugs, steroids, and others); route of administration (oral, parenteral, and others); and the segmentation by distribution channel (pharmacies and drugstores, veterinary hospitals and clinics, other), etc., and a detailed analysis of its sub-segments are further outlined.

Major companies in the market

Industry leaders in the companion animal drug market include Bayer AG, Merck & Company, Inc., Elanco, Boehringer Ingelheim International GmbH, Virbac, Perrigo Company plc, Vetoquinol SA, Zoetis Inc., Ceva and Nutreco NV. The report also presents an in-depth analysis of the organization’s total workforce, key strategies, key matrices that describe the company’s financial situation, and several factors of the company such as mergers and acquisitions.

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Regional Analysis:-European market expected to hold a large share in the companion animal drug market

The market report also provides detailed information on regional analysis. The market is segmented across five major regions: North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
The Asia-Pacific market is projected to grow at the largest CAGR during the forecast period, owing to the increasing adoption of pets as pets in Asia-Pacific. Furthermore, in 2021, the North American market will account for the largest share in terms of revenue due to growing investment in animal health, presence of major animal health service providers, and increasing pet ownership in the region. Rated.
The European market is also expected to hold a large share in the global companion animal drug market due to its proven success in terms of technological development and high adoption of pets by local households. A 2019 analysis of the European pet food industry estimated that 85 million European households own at least one pet animal.

The companion animal drug market is further segmented based on region.

● North America (US and Canada) Market Size, YOY Growth and Opportunity Analysis.
● . Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, YOY Growth and Opportunity Analysis.
● Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Asia Pacific) market size, YOY growth and opportunity analysis.
● Middle East and Africa (Israel, GCC (Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Middle East and rest of Africa) market size, YOY growth and opportunity analysis.

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The research report further covers industry growth drivers, constraints, supply and demand risks, market attractiveness, year-over-year (YOY) growth comparison, market share comparison, BPS analysis, SWOT analysis, Porter’s Five Forces model, etc. Some prominent market analysis parameters are also included. The report includes detailed forecasts by market value and volume, along with YoY growth rates for each segment.
Report sample URL: https://www.researchnester.jp/sample-request-2964

Research Nester Private Limited Company Profile
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Phone: US +1 646 586 9123
Tel: UK +44 203 608 5919
Email: info@researchnester.com

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