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Global Animal Livestock Drugs Market to reach USD XX million by 2028.

Global Animal Livestock Drugs Market Size study, By Type (Cattle, Sheep, Goats, Horses, Others), By Product Type (Vaccines, Antibiotics, Others), By End-users (Veterinary Hospitals, Veterinary Specialty Clinics, Others), and Regional Forecasts 2022-2028

Product Code: OIRAL-70484169
Publish Date: 27-05-2022
Page: 200

Global Animal Livestock Drugs Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Animal Livestock Drugs are a variety of drugs that are specially designed to cure diseases related to animal livestock such as cattle, sheep, goats, horses, and many others. These drugs are created for the diagnosis and prevention of diseases that occur in animal livestock to maintain good health. The rising incidences of zoonotic and food-borne diseases, growing investment in healthcare infrastructure development, rising government awareness for animal health, and increasing launch of animal livestock drugs by the leading market players are the several key factors stimulating the growth of the global market. For instance, in May 2022, The UK’s National Office of Animal Health (NOAH) proclaimed the introduction of the Livestock Vaccination Guideline. The objective of this guideline is to provide support to farmers and vets for improving the health and welfare of UK cattle and sheep. Also, maintain farm resilience and sustainable developments in productivity. Consequentially, rising government support and execution of several animal healthcare guidelines are surging the demand for animal livestock drugs, which is accelerating the market growth across the globe. However, the side effects of several drugs impede the growth of the market over the forecast period of 2022-2028. Also, the rising drug approvals and launches, along with growing research and development activities are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Animal Livestock Drugs Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing R&D activities by the leading market players and rising emphasis on animal livestock health. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing government awareness programs, as well as the growing prevalence of zoonotic and food-borne diseases, would create lucrative growth prospects for the Animal Livestock Drugs Market across the Asia-Pacific region.

Major market players included in this report are:
Zoetis Inc.
C.H. Boehringer Sohn AG & Ko. KG
Merck Animal Health Inc.
Elanco Animal Health Incorporated
Bayer HealthCare Animal Health Inc.
Ceva Santé Animale
Virbac Group
Vetoquinol S.A.
IDEXX Laboratories, Inc.
Covetrus, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
By Product Type:
By End-users:
Veterinary Hospitals
Veterinary Specialty Clinics
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Animal Livestock Drugs Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Animal Livestock Drugs Market, by Region, 2020-2028 (USD Million)
1.2.2. Animal Livestock Drugs Market, by Type, 2020-2028 (USD Million)
1.2.3. Animal Livestock Drugs Market, by Product Type, 2020-2028 (USD Million)
1.2.4. Animal Livestock Drugs Market, by End-users, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Animal Livestock Drugs Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Animal Livestock Drugs Market Dynamics
3.1. Animal Livestock Drugs Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Rising incidences of zoonotic and food-borne diseases Increasing launch of animal livestock drugs by the leading market players
3.1.2. Market Challenges Side-effects of several drugs
3.1.3. Market Opportunities Rising drug approvals and launches Growing research and development activities
Chapter 4. Global Animal Livestock Drugs Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Animal Livestock Drugs Market, by Type
6.1. Market Snapshot
6.2. Global Animal Livestock Drugs Market by Type, Performance – Potential Analysis
6.3. Global Animal Livestock Drugs Market Estimates & Forecasts by Type, 2018-2028 (USD Million)
6.4. Animal Livestock Drugs Market, Sub Segment Analysis
6.4.1. Cattle
6.4.2. Sheep
6.4.3. Goats
6.4.4. Horses
6.4.5. Others
Chapter 7. Global Animal Livestock Drugs Market, by Product Type
7.1. Market Snapshot
7.2. Global Animal Livestock Drugs Market by Product Type, Performance – Potential Analysis
7.3. Global Animal Livestock Drugs Market Estimates & Forecasts by Product Type, 2018-2028 (USD Million)
7.4. Animal Livestock Drugs Market, Sub Segment Analysis
7.4.1. Vaccines
7.4.2. Antibiotics
7.4.3. Others
Chapter 8. Global Animal Livestock Drugs Market, by End-users
8.1. Market Snapshot
8.2. Global Animal Livestock Drugs Market by End-users, Performance – Potential Analysis
8.3. Global Animal Livestock Drugs Market Estimates & Forecasts by End-users, 2018-2028 (USD Million)
8.4. Animal Livestock Drugs Market, Sub Segment Analysis
8.4.1. Veterinary Hospitals
8.4.2. Veterinary Specialty Clinics
8.4.3. Others
Chapter 9. Global Animal Livestock Drugs Market, Regional Analysis
9.1. Animal Livestock Drugs Market, Regional Market Snapshot
9.2. North America Animal Livestock Drugs Market
9.2.1. U.S. Animal Livestock Drugs Market Type breakdown estimates & forecasts, 2018-2028 Product Type breakdown estimates & forecasts, 2018-2028 End-users breakdown estimates & forecasts, 2018-2028
9.2.2. Canada Animal Livestock Drugs Market
9.3. Europe Animal Livestock Drugs Market Snapshot
9.3.1. U.K. Animal Livestock Drugs Market
9.3.2. Germany Animal Livestock Drugs Market
9.3.3. France Animal Livestock Drugs Market
9.3.4. Spain Animal Livestock Drugs Market
9.3.5. Italy Animal Livestock Drugs Market
9.3.6. Rest of Europe Animal Livestock Drugs Market
9.4. Asia-Pacific Animal Livestock Drugs Market Snapshot
9.4.1. China Animal Livestock Drugs Market
9.4.2. India Animal Livestock Drugs Market
9.4.3. Japan Animal Livestock Drugs Market
9.4.4. Australia Animal Livestock Drugs Market
9.4.5. South Korea Animal Livestock Drugs Market
9.4.6. Rest of Asia Pacific Animal Livestock Drugs Market
9.5. Latin America Animal Livestock Drugs Market Snapshot
9.5.1. Brazil Animal Livestock Drugs Market
9.5.2. Mexico Animal Livestock Drugs Market
9.6. Rest of The World Animal Livestock Drugs Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Zoetis Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. C.H. Boehringer Sohn AG & Ko. KG
10.2.3. Merck Animal Health Inc.
10.2.4. Elanco Animal Health Incorporated
10.2.5. Bayer HealthCare Animal Health Inc.
10.2.6. Ceva Santé Animale
10.2.7. Virbac Group
10.2.8. Vetoquinol S.A.
10.2.9. IDEXX Laboratories, Inc.
10.2.10. Covetrus, Inc.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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