Companion Animal Health Market by Animal, Indication, Type, End-Use, Distribution Channel

Description

List of Tables

The Global Companion Animal Health Market is forecasted to grow significantly, with a projected USD 33.76 billion in 2023 at a CAGR of 17.71% and expected to reach a staggering USD 105.92 billion by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Companion Animal Health Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Companion Animal Health Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Animal, market is studied across Cats, Dogs, and Horses. The Dogs commanded largest market share of 44.29% in 2022, followed by Cats.

Based on Indication, market is studied across Behavioral Disorders, Dental Diseases, Dermatologic Diseases, Infectious Diseases, and Orthopedic Diseases. The Infectious Diseases commanded largest market share of 28.87% in 2022, followed by Dermatologic Diseases.

Based on Type, market is studied across Medicinal Additive Feed, Nutritional Feed Additives, Pharmaceuticals, and Vaccines. The Medicinal Additive Feed is further studied across Amino Acids, Minerals, and Vitamins. The Nutritional Feed Additives is further studied across Enzymes, Feed Acidifiers, Hormones, Immune Modulators, and Prebiotics & Probiotics. The Pharmaceuticals is further studied across Anti-Inflammatory, Antibiotics, Ectoparasiticides, and Endoparasiticides. The Vaccines commanded largest market share of 29.65% in 2022, followed by Pharmaceuticals.

Based on End-Use, market is studied across Point-of-care Testing or In-house Testing and Veterinary Hospitals & Clinics. The Veterinary Hospitals & Clinics is projected to witness significant market share during forecast period.

Based on Distribution Channel, market is studied across E-commerce, Hospital Pharmacies, and Retail. The Retail is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 43.97% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Companion Animal Health Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Companion Animal Health Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Companion Animal Health Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Companion Animal Health Market?

4. What is the competitive strategic window for opportunities in the Global Companion Animal Health Market?

5. What are the technology trends and regulatory frameworks in the Global Companion Animal Health Market?

6. What is the market share of the leading vendors in the Global Companion Animal Health Market?

7. What modes and strategic moves are considered suitable for entering the Global Companion Animal Health Market?

Product Code: MRR-4330CC794B3F

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Companion Animal Health Market, by Animal, 2022 vs 2030
4.3. Companion Animal Health Market, by Indication, 2022 vs 2030
4.4. Companion Animal Health Market, by Type, 2022 vs 2030
4.5. Companion Animal Health Market, by End-Use, 2022 vs 2030
4.6. Companion Animal Health Market, by Distribution Channel, 2022 vs 2030
4.7. Companion Animal Health Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing initiatives by government and animal welfare associations
  - 5.1.1.2. Technological advancements in the field of animal healthcare
  - 5.1.1.3. Changing the perception of the consumers toward pet health and longer life expectancy for companion animal
  - 5.1.1.4. Increasing disposable incomes and pet owners afford to spend more on pet healthcare
  - 5.1.1.5. Increasing online shopping and home delivery is driving the product sale
- 5.1.2. Restraints
  - 5.1.2.1. Increase in cheap counterfeit drugs
  - 5.1.2.2. Lack of infrastructure, funding, and standardization
- 5.1.3. Opportunities
  - 5.1.3.1. Increase in cheap counterfeit drugs
  - 5.1.3.2. Lack of infrastructure, funding, and standardization
- 5.1.4. Challenges
  - 5.1.4.1. Prohibition on the use of antibiotics and antimicrobials in animal feed in many countries,
  - 5.1.4.2. High cost associated with animal testing and veterinary in developing countries
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Companion Animal Health Market, by Animal

6.1. Introduction
6.2. Cats
6.3. Dogs
6.4. Horses

7. Companion Animal Health Market, by Indication

7.1. Introduction
7.2. Behavioral Disorders
7.3. Dental Diseases
7.4. Dermatologic Diseases
7.5. Infectious Diseases
7.6. Orthopedic Diseases

8. Companion Animal Health Market, by Type

8.1. Introduction
8.2. Medicinal Additive Feed
- 8.2.1. Amino Acids
- 8.2.2. Minerals
- 8.2.3. Vitamins
8.3. Nutritional Feed Additives
- 8.3.1. Enzymes
- 8.3.2. Feed Acidifiers
- 8.3.3. Hormones
- 8.3.4. Immune Modulators
- 8.3.5. Prebiotics & Probiotics
8.4. Pharmaceuticals
- 8.4.1. Anti-Inflammatory
- 8.4.2. Antibiotics
- 8.4.3. Ectoparasiticides
- 8.4.4. Endoparasiticides
8.5. Vaccines

9. Companion Animal Health Market, by End-Use

9.1. Introduction
9.2. Point-of-care Testing or In-house Testing
9.3. Veterinary Hospitals & Clinics

10. Companion Animal Health Market, by Distribution Channel

10.1. Introduction
10.2. E-commerce
10.3. Hospital Pharmacies
10.4. Retail

11. Americas Companion Animal Health Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Companion Animal Health Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Companion Animal Health Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player

15. List of Company Mentioned

16. Appendix

16.1. Discussion Guide
16.2. License & Pricing