The Global market for Cattle Health is currently estimated to be valued at $ 3183 million for the year 2015 and is poised to reach $4741 million by the end of 2020. The CAGR during this period of forecast is 8.72%.
Growing animal food product consumption is leading to an increase in demand for animal healthcare products and services. Cattle producers have long recognized the need for proper husbandry and stewardship, given the intensive animal husbandry model that currently houses a majority of cattle reared each year.
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Growing beef production and increasing demand for animal protein in an era of ever stricter regulations for rearing and food safety testing will have a positive impact on the cattle healthcare market.
Currently, North America leads the Global market for Cattle Health, followed by Europe. However, developing regions like Asia-pacific and Africa are expected to grow rapidly, forming a new revenue pockets in the market. Countries such as India, China, and Japan will be major contributors to this market over the next decade.
The Global Cattle Health market is segmented by type of products (vaccines, Paraciticides, Anti-Infectives, Medicinal feed additives, and other pharmaceuticals), by diagnostics (Enzyme Linked Sorbent Assay (ELISA), Rapid Immuno migration (RIM), and Agar Gel Immuno diffusion (AGID)), by molecular diagnostic tests (PCR, diagnostic imaging, ultrasound imaging, MRI), by genetics and by geography, the market is divided into North America, Asia-Pacific, Europe and the rest of world.
Improved nutrition, intensifying consumer focus on food safety, greater livestock production rates and increasing foodborne diseases are the major factors contributing to the growth of the Poultry Health market.
However, scarcity of arable land and water, increased competition for cultivated land and cost effective production are the factors hindering the growth of the market.
What the report offers
- Market Definition for the Global Cattle Health Market along with identification of key drivers and restraints for the market.
2. Market analysis for the Global Cattle Health Market, with region specific assessments and competition analysis on a global and regional scale.
3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
4. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
5. Identification and analysis of the Macro and Micro factors that affect the Cattle Health Market on both global and regional scale.
6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Key points in table of content
Review and Forecast period years
General Study Assumptions
Econometric Forecast Model
Market Overview and Industry trends
Current Market Scenario
Newborn Screening test Applications
Industry Value chain analysis
product Life cycle analysis
Porter’s Five Forces
Bargaining Power of Suppliers
Bargaining Power of Consumers
Threat to new entrants
Threat to substitute products and services
Competitive Rivalry within the industry
Drivers, Restraints, Opportunities, and challenges Analysis
Intensifying consumer focus on food safety
Greater Livestock production
Increasing Zoonotic diseases
Scarcity of arable land and water
Increased competition for cultivated land
Cost effective production
Global cattle healthcare Market segmentation
Medicinal Feed Additives
Segmentation by Diagnostics products
Enzyme linked immuno-sorbent assay (ELISA)
Rapid Immuno Migration (RIM™)
Agar gel immuno-diffusion (AGID)
Segmentation by Molecular diagnostics tests
Polymerase Chain Reaction (PCR)
Market segmentation by Geography – North America
Rest of Europe
Australia and New Zealand
Rest of Asia Pacific
Middle-East and North Africa
Rest of Middle-east & Africa
Rest of Latin America
Merger and acquisition analysis
New Product Launches
Agreements, Collaborations and Parterships
Key Vendor Analysis
Zoetis Animal Healthcare
Merial ( Animal Health division of Sanofi)
Elanco Animal Health
Bayer Animal Health
Ceva Animal Health
Analyst outlook for Investment opportunities
Future Outlook of the market
Partner Relations & Marketing Manager
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