Animal Healthcare Market-

GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND

OPPORTUNITY ANALYSIS, 2016-2025

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Animal Healthcare Market Overview

Animal healthcare has turned its focus area by the animal medicine industry because of increase in animal disease, vaccination, animal
adoption and livestock. The global animal healthcare market is expected to gain major traction, on the backdrop of increasing pet adoption
and high consumption of milk and meat. There is an increase in adoption of western culture and dynamic lifestyle in emerging countries
such as India and China, which in turn has increased the pet adoption that is expected to favor the rise in growth for animal healthcare
market. Pets are adopted by people all over the world for psychological and therapeutic benefits. An increase in new animal diseases such as
white nose syndrome and anthrax has created opportunities in the animal healthcare market. Globally, Australia holds the leading position in
pet ownership. According to the Australian Veterinary Association, there were around 4.2 million dogs and 3.3 million cats accounting for
39% and 29% market share respectively.

According to the Animal Health Institute, in the U.S., on an average, the world spends around one fortieth amount to human medicine as
compared with animal medicines every year. That investment covers animal health innovations for 24 billion chickens, 750 million swine,
500 million dogs, 400 million cats and 1 billion cattle and sheep. According to Animal Health Institute, companies yearly invest around 10-
12% of their sales in innovations for animal health. Scientists have developed various medicines which result in improvement, prevention,
and treatment of animal diseases such as flea and tick infestation, rabies, Lyme disease, leukemia. Animal medicines are important in food
safety as it accounts for production animal as well. According to the American Society for the Prevention of Cruelty to Animals, in U.S.,
approximately 3.2 million shelter animals adopted each year, which includes 1.6 million dogs and 1.6 million cats. According to American
Pet Product Association, in U.S. from 2015 to 2016, 34% dogs are purchased from breeders at the same time 23% of dogs and 31% of cats
are obtained from the animal shelter. Globally the adoption of pets has increased over a period of time and demand for meat and milk also
has increased to support the growing population which is expected to fuel the animal healthcare market in the near future.

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Animal healthcare market Taxonomy:
By Animal Type

Livestock Animal

Companion Animal
By Product Type

Vaccination

Pharmaceuticals

Feed Additives
By Disease Type

Bacterial Disease

Fungal Disease

Genetic Disease

Viral Disease

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Animal Healthcare Market: Key Players

Major players involved in the global animal healthcare market include:

Zoetis

Eli Lilly & Co.

Novartis

Bayer Healthcare

Ceva Sante Animale

Evonik Industries AG

ADM Alliance Nutrition

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