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The livestock healthcare market is projected to grow from $50.74 billion in 2023 to $79.39 billion by 2028, driven by rising livestock populations, intensifying farming practices, and increasing awareness of zoonotic diseases. Key trends include technological innovations, biosecurity measures, and a focus on animal welfare. Major players in the market include Merck, Zoetis, and Bayer, among others, as they adapt to evolving disease landscapes and consumer demands.
Germany's veterinary market is characterized by advanced diagnostic technologies and a high standard of care, with a projected growth rate of 5.95% from 2023 to 2033. Key players include Boehringer Ingelheim and Zoetis, while the livestock segment is expected to dominate due to its significance in the agricultural economy. The market faces challenges such as high service costs and regulatory hurdles, but increasing awareness of animal health drives demand for veterinary services.
The Canada Animal Healthcare Market, valued at USD 2.65 billion in 2023, is projected to grow at a CAGR of 6.87%, reaching USD 5.15 billion by 2033. Key drivers include rising pet ownership, technological advancements, and the emergence of zoonotic diseases, while challenges include counterfeit drugs and high veterinary costs. The pharmaceutical segment leads the market, with dogs and cats expected to drive the fastest growth due to their healthcare needs.
The global pet healthcare market is projected to grow from $239.29 billion in 2023 to $255.96 billion in 2024, with a CAGR of 7.0%. Key drivers include an increasing pet population, advancements in veterinary care, and a focus on preventive health. By 2028, the market is expected to reach $353.66 billion, driven by trends such as pet humanization and economic prosperity.
Phibro Animal Health Corporation
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
livestock healthcare market poised for significant growth driven by disease prevention and technology
Alltech Inc.
Kemin Industries Inc.
IDEXX Laboratories Inc
Jurox Pty Ltd.
Ceva Santé Animale
Intas Pharmaceuticals Ltd.
Dechra Pharmaceuticals plc
Hester Biosciences Limited
Phytobiotics Futterzusatzstoffe GmbH
Merck & Co., Inc.
Elanco Animal Health Incorporated
Avivagen Inc.
Boehringer Ingelheim International GmbH
Vetoquinol SA
Bayer HealthCare AG
Huvepharma AD
Zoetis Inc.
Laboratorios Hipra S.A.
Vets Plus Inc.
Inovet (V.M.D. NV/sa)
Delacon Biotechnik GmbH
Virbac SA
Bimeda Holdings plc
Norbrook Laboratories Ltd.
BioChek BV
Neogen Corporation
Anpario plc
Alivira Animal Health Limited
The Archer-Daniels-Midland Company
Phibro Animal Health Corporation
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06:28 04.12.2024
germany's veterinary market poised for growth with advanced care and technology
Boehringer Ingelheim International GmbH
Elanco Animal Health Incorporated
IDEXX Laboratories, Inc.
Zoetis Inc.
Merck & Co., Inc.
Phibro Animal Health Corporation
Vetoquinol SA
Ceva Animal Health
DEU
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17:35 18.11.2024
canada animal healthcare market projected to reach five billion by 2033
Phibro Animal Health Corporation
Dechra Pharmaceuticals plc
Merck Animal Health
IDEXX Laboratories, Inc.
Virbac Corporation
Vetoquinol SA
Ceva Animal Health Inc.
Boehringer Ingelheim KG
CAN
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17:24 18.11.2024
global pet healthcare market projected to reach 353 billion by 2028
Elanco Animal Health Incorporated
Norbrook Laboratories Ltd.
PETCO Animal Supplies Inc.
Phibro Animal Health Corporation
Royal Canin
Merck & Co., Inc.
VCA Animal Hospitals Inc.
IDEXX Laboratories, Inc.
Perrigo Company plc
Chewy, Inc.
Colgate-Palmolive Company
Mars Inc.
Trupanion, Inc.
Nestlé S.A.
Zoetis Inc.
Sanofi
Boehringer Ingelheim International GmbH
Vetoquinol S.A.
Ceva Sante Animale SA
General Mills, Inc.
USA
IND
AUS
FRA
DEU
BRA
IDN
JPN
RUS
GBR
KOR
CHN
Sanofi SA
Mars Inc.
General Mills Inc.
Nestle SA
Merck & Co Inc.
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03:01 29.10.2024
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