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Asia-Pacific Animal Health Market - Forecast to 2021

Asia-Pacific Animal Health Market: Forecast until 2021

  • October 2016
  • 202 pages
  • ID: 4259110
In this report:
The FAO also estimates that the per capita consumption of poultry meat in Asia-Pacific countries is expected to increase by ##% by 2030 as compared to that of 2000.
In 2015, pour-ons and spot-ons accounted for largest share of ##.##% of APAC animal ectoparasiticides market while oral tablets segment is expected to grow at the highest CAGR of ##.##% during the forecast period.

Summary

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The APAC animal health market is forecasted to grow at a compound annual growth rate (CAGR) of 5.7% during the forecast horizon, to attain ~$20.3B by 2021 from ~$15.3B in 2016. Increase in this sector can primarily be attributed to the quick increase in livestock population, growing awareness about animal health, growing demand for animal-derived food products, and increasing frequency of animal disease outbreaks. Nevertheless, restrictions on the use of parasiticides in food-producing animals, the shift towards vegetarian diets, and growing vaccine storage costs are selecting the rise of this market to a certain extent.

In this business report, the APAC animal health market is broken down on the basis of product, type of animal, and area. On the basis of product, the sector is divided into increase promoters, feed additives, parasiticides, vaccines, antimicrobials and antibiotics, and other pharmaceuticals. The parasiticides segment is further filed under ectoparasiticides, endoparasiticides, and endectocides. The ectoparasiticides segment recorded for the most important share of the APAC animal parasiticides market. This product segment is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. Established on the type of animal, the sector is divided into food-producing animals and companion animals.

Geographically, the APAC animal health market broken down into China, Japan (JP), India (IN), and the Rest of Asia-Pac. In 2015, China (CN) recorded for the biggest share of the APAC animal health market. This regional segment is projected to register the maximum growth rate succeeded by India (IN). This increase can be accredited to the big livestock population in these countries, rised frequency of the occurrence of animal diseases, increasing demand for animal-derived food products, and increasing awareness about animal health and welfare.

Some of the prominent actors in the APAC animal health market contain Zoetis, Incorporated, Sanofi, Eli Lilly and Organization, Merck and Co., Incorporated, Bayer AG, Boehringer Ingelheim GmbH, Ceva Santé Animale, Virbac, Vetoquinol S.A., and Cargill, Incorporated

Segment Research

Additionally to in-depth segmentation, this industry report also offers market forces, including drivers, market restraints, alternatives, opportunities, and market trends. The market research also includes the regulatory review for the production and marketing of veterinary healthcare products.

Why Purchasing This Study Can Help You:

The industry report will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate organizations in garnering greater market shares. Companies obtaining the study could use any one or an aggregation of the below-mentioned five strategies (sector entry, product and service development/innovative projects, sector development, business diversification, and opposing assessment) for rising their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product types provided by the top actors in the APAC animal health market. The market research examines the APAC animal health market by product, type of animal, and area

- Product and Service Development/Innovative products: In-depth understanding on the next trends, analysis and growth activities, and recent product launches in the APAC animal health market

- Industry development: Highlighted information about profitable emerging sectors by product and area

- Industry diversification: Complete information about recent products, increasing geographies, recent evolutions, and market investments in the APAC animal health market

- Opposing assessment: Detailed assessment of market shares, increase strategies, products and services, and manufacturing competences of key players in the APAC animal health market

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