PUBLISHER: TechNavio | PRODUCT CODE: 1777196
PUBLISHER: TechNavio | PRODUCT CODE: 1777196
The animal blood product market is forecasted to grow by USD 1,914.7 mn during 2024-2029, accelerating at a CAGR of 7.3% during the forecast period. The report on the animal blood product market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing sophistication of veterinary medicine and humanization of companion animals, enduring and evolving demand from biopharmaceutical and life sciences industries, and expansion of industrial applications in animal feed and nutrition.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.8% |
CAGR | 7.3% |
Incremental Value | $1,914.7 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's animal blood product market is segmented as below:
By Product
By Source
By End-user
By Geographical Landscape
This study identifies the intensifying focus on traceability, quality control, and ethical sourcing as one of the prime reasons driving the animal blood product market growth during the next few years. Also, accelerated development and adoption of serum-free alternatives and emergence of cellular agriculture as a novel demand frontier will lead to sizable demand in the market.
The report on the animal blood product market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading animal blood product market vendors that include Atlas Biologicals Inc., Bio Techne Corp., Bovogen Biologicals Pty Ltd, Corning Inc., Danaher Corp., GeminiBio, HiMedia Laboratories, Lampire Biological Laboratories, Life Technologies India Pvt Ltd., Merck KGaA, Moregate Biotech, Neogen Corp., PAN Biotech, Proliant Inc., Rocky Mountain Biologicals, Sartorius AG, SSI Diagnostica AS, Thermo Fisher Scientific Inc., and ZenBio Inc.. Also, the animal blood product market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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