Europe Animal Healthcare Market Size Expected to Witness Growth at a CAGR of 4.5% for the Study Period 2021-2028

Market Overview

The primary focus of animal healthcare is to provide effective animal healthcare services by diagnosing and treating the diseases. Animal disease outbreaks can lead to stringent restrictions on trading of animal products, thereby increasing the cost of disease management and hindering the Europe economy.

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The Europe animal healthcare market size is estimated to be valued at US$ 13,119.7 million in 2020 and is expected to exhibit a CAGR of 4.5% over the forecast period (2020-2027).

Market Drivers

Increasing incidences of zoonotic viral pathogens and growing expansion of strategies adopted by manufacturers is expected to drive growth of the Europe animal healthcare market during the forecast period.

Key companies are focused on product launches and collaboration activities, in order to cater to rising demand for animal healthcare. According to the Animal Disease Notification System (ADNS), 2018, in Bulgaria, around 14 outbreak of A (H5N8) viruses and highly pathogenic avian influenza (HPAI) in poultry was reported from August 2018 to November 2018. Thus, regional government authorities are focused on enhancing animal health by collaborating with manufacturers, in order to endorse R&D activities for new drug developments. For instance, in in July 2019, Ceva Santé Animale acquired IDT Biologika GmbH’s veterinary biopharmaceutical portfolio, which is expected to strengthen Ceva’s product offerings.

Furthermore, rising implementation of regulatory policies by local and regional government authorities in Europe for improvement of animal healthcare is expected to propel the Europe animal healthcare market growth over the forecast period. For instance, in 2018, the European Medicine Agency initiated multi-stakeholder workshop for providing guidelines on veterinary regulatory science and offered proposals for development of veterinary medicine.

Rising preference for animal farming is expected to boost the Europe animal healthcare market growth over the forecast period.

The animal farming has increased across Europe, rendering a high demand in effective animal healthcare services, in order to improve food safety. According to the U.S. Department of Agricultural (USDA) report published in 2018, Lithuania is the largest poultry meat producer among the Baltic States in Europe, and production of chicken meat in Lithuania was around 110,700 MT in 2015, which was an increase of 11% from 2014.

Growing number of regulations pertaining animal vaccinations has led to animal health products, which is expected to fuel growth of the Europe animal healthcare market in the near future.  For instance, the European Commission for the control of foot-and-mouth disease (EuFMD), and the Food and Agriculture Organization developed a progressive control pathway for managing foot-and-mouth disease (FMD).

Market Restraints

Stringent regulations on the sale and usage of antibiotics and high cost of animal healthcare services are expected to restrain growth of the Europe animal healthcare market during the forecast period. For instance, in 2017, the HealthforAnimals Association launched Antibiotics Commitment, a program associated with antimicrobial resistance (AMR), which promotes responsible use of antibiotics. Such awareness programs and stringent regulations have led to a decline in sales of antimicrobial agents used for veterinary treatment. According to the European Medicines Agency (EMA) report published in October 2018, there was 20% decrease in the overall sales of veterinary antimicrobials across Europe between 2011 and 2016.

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Europe Animal Healthcare Market – Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has had a significant impact on the livestock sector. The actions taken in many countries across the world to stop the spread of the coronavirus such as travel restrictions, nationwide lockdowns, and border controls have led to the following consequences:

• Difficulty in transporting live animals and animal products such as milk, meat, and eggs

• Restrictions and limitations on seasonal border crossings with ruminants

• Restricted capacity to purchase necessary production inputs

• Restricted access to labor and professional services

Such factors have led to a decrease in sales and processing capacity of animal products, and a slowdown of the market growth.

Key Players

Major players operating in the Europe animal healthcare market include Merck & Co., Inc., Virbac, Dechra Pharmaceuticals Plc., Vetoquinol S.A., Zoetis Inc., Ceva Santé Animale, Bayer AG, Elanco, Evonik Industries AG, and Archer Daniels Midland Company.

Reasons to Purchase this Report

• Curent and future of global Europe Animal Healthcare Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

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Table of Contents

1. Research Objectives and Assumptions
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Purview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Animal Type
     • Market Snippet, By Route of Administration
     • Market Snippet, By Indication
     • Market Snippet, By Country
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Impact Analysis
   • Market trends
   • Partnership, Agreement, and Collaboration Scenario
   • Product Launches and Approvals
   • Regulatory Scenario
   • PEST Analysis
4. Europe Animal Healthcare Market – Impact of Coronavirus (Covid-19) Pandemic
   • COVID-19 Market Scenario
   • Demand Supply of Animal Healthcare Products
5. Europe Animal Healthcare Market, By Animal Type, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Livestock Animals
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
       • Bovine
       • Porcine
       • Poultry
       • Others
     • Companion Animals
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
         • Canine
         • Feline
         • Equine
6. Europe Animal Healthcare Market, By Route of Administration, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Oral
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Topical
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Injectable
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
       • Subcutaneous Injections
       • Intramuscular Injections
       • Intravenous Injections
       • Intra-peritoneal Injections
       • Others
7. Europe Animal Healthcare Market, By Indication, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Infectious Disease
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Pain
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Autoimmune Disease
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
8. Europe Animal Healthcare Market, By Country, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, By Country, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, For Country, 2017–2027
   • U.K.
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
   • Germany
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
   • France
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
   • Spain
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
   • Russia
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
   • Switzerland
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
   • Netherlands
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
   • Italy
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)
   • Rest of Europe
     • Market Size and Forecast, By Animal Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Indication, 2016 – 2027, (US$ Mn)