According to the report, the global veterinary medicine market was worth $ 15,530 million in 2019 and is projected to reach a valuation of $ 18,370 million by 2025, a CAGR of 4.3%.
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The latest Veterinary Medicine market research report offers actionable insights into key trends and opportunities that will drive industry growth. It also lists the solutions to the existing and upcoming challenges in this business area.
| Report Covrage | details |
|---|---|
| Base year: | 2019 |
| Market size in 2019: | 15530 million (USD) |
| Forecast year: | 2025 |
| Forecast value: | 18370 million (USD) |
| CAGR: | 4.3% |
| After application: | Pets, farm animals |
| By product: | Oral, injection, other |
| According to main actors: | Boehringer Ingelheim, Ceva, Bayer Animal Health, Zoetis, Dechra Veterinary Products, Elanco Animal Health, Meiji, Virbac, Merck Animal Health, Vetoquinol, Ouro Fino Saude, Animal Care Group, Parnell |
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Summary:
The Veterinary Medicine market research report offers a complete study of the industry in terms of key factors driving market growth as well as those that hinder it. It also identifies key opportunities and provides forecasts for the market’s performance over the 2019-2025 period.
Experts predict that the veterinary medicine market is expected to grow by 4.3% annually during the forecast period.
The report also includes information about regional markets, competitive conditions, and factors affecting the sub-markets. It also examines the impact of the pandemic on market valuation and growth.
Market overview:
Geographic analysis snapshot
- The report provides information about major countries’ economic conditions and their impact on overall market growth over the forecast period.
- The report also includes regional market shares and the growth rate of consumption.
Product area overview
- The report divides the veterinary medicine lineup into Oral, Injection, Other.
- The market share captured by each product type is given in the report.
- The document also contains detailed data on prices, market shares and revenues for each product category.
Overview of the scope
- The area of application of the veterinary medicine market is classified in IIII.
- Forecasts about the share of consumption and the evaluation of each type of application in the forecast period are cited in the report.
- The market share secured by each type of application is also documented.
Competitive landscape outline
- Important companies that determine the competitive landscape of the veterinary medicine market are Boehringer Ingelheim, Ceva, Bayer Tiergesundheit, Zoetis, Dechra Veterinärprodukte, Elanco Tiergesundheit, Meiji, Virbac, Merck Tiergesundheit, Vetoquinol, Ouro Fino Saude, Animalcare Group, Parnell.
- The report provides comprehensive information on the products offered by these companies, their pricing model, sales modes and areas of activity.
- The study hosted statistical data on the pricing model, revenue, revenue and gross margins of leading companies.
- The report also includes details of mergers, acquisitions, collaborations, investments, partnerships and new business entry.
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