New Market Research Study on Middle East Veterinary Healthcare Market by Type and Applications now Available at Orbisresearch.com
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The Middle-East Veterinary Healthcare Market is valued at $1109.45 million market as of 2015 and is estimated to be a $1523.86 million market by 2021 with a healthy CAGR of 43% in the forecast period. Veterinary healthcare products (pharmaceuticals, feed additives) helps in diagnosing, treating and preventing diseases in animals. They cover a wide range of animal species which includes both domestic and wild. With the increased production of livestock animals, there is a significant growth in the animal healthcare market.
Increasing consumption of Livestock animals, adoption of companion animals and rising impact of zoonotic diseases drive the market growth, when factors like scarcity of arable land and water, less profitability causing unattractiveness for investmets and concerns about public health and food safety restrain the market. However innovative technology and increasing R&D activites and international colloborations provide lucrative opportunities for the market.
Nevertheless, the market should first deal with possible threats like limitations of live vaccines, antimicrobial resistance to achieve the predicted growth.
Middle-East Veterinary Healthcare market is categorized based on the animal type, product type and geography. Based on animal type, the market is categorized as cattle, poultry, camels, horse, sheep/goats, swine, cats/dogs and fish. Whereas, by product, it is segmented as feed additives and pharmaceuticals. Feed additives are further segmented as medicine feed additives and Nutritional feed additives while pharmaceuticals is divided into antibiotics, vaccines, Parasiticides and others.
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On the basis of geography, Middle-East veterinary healthcare market is segmented into the regions of Saudi Arabia, UAE, Kuwait, Lebanon, Iran, Iraq, Israel, Qatar, Yemen, Jordan, Sudan, Oman, Palestine and Syria.
Some of the major companies covered in the report are MSD Animal Health, Boehringer Ingelheim GmbH, Zoetis, Inc., ELANCO Animal Health, Ceva Sante Animale S.A., Bayer Animal Health, Jordan Bio-Industries Center (Jovac), Phibiro Animal Health Corp. and Vetoquinol S.A.
1 By Animal Type
1.2 Farm Animals
1.3 Companion Animals
1.4 Y-o-Y Growth Analysis, By Animal type
1.5 Market Attractiveness Analysis, By Animal Type
1.6 Market Share Analysis, By Animal Type
2 By Product
2.3 Feed Additives
2.3.1 Nutritional Feed Additives
2.3.2 Medicinal Feed Additives
2.5 Y-o-Y Growth Analysis, By Product
2.6 Market Attractiveness Analysis, By Product
2.7 Market Share Analysis, By Product
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