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Global Animal Health Market 2014-2018 report says the demand for animal food and protein-rich diet is one of the major drivers in the market.
Dallas, Texas (PRWEB) August 22, 2014
An increasing number of mergers and acquisitions is one of the potential trends emerging in the market. M&As provide financial assistance to smaller companies, increase the product portfolio of the acquirer, and rise the distribution channels of companies and help in increasing the presence of global players in the local markets.
According to the Global Animal Health Market 2014-2018 report, the demand for animal food and protein-rich diet is one of the major drivers in the market. The increase in consumption of animal food by humans necessitates the need for increasing the yield of animal products intensifying market growth consequently.
Animal health refers to veterinary services intended to prevent animal diseases or treat animals to enhance their quality of life, increase their lifetime, or increase the yield of animal food. The Global Animal Health market covers the following segments: Feed Additives, Pharmaceuticals, Vaccines, and Diagnostics. Animal feed additives improve the health of animals and the quality of animal food. Animal pharmaceuticals and animal vaccines are used to treat or prevent a disease/condition. Animal diagnostics help in the detection of bacteria, antibodies, viruses, and hormones.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Animal Health market for the period 2014-2018. To calculate the market size, the report considers revenue generated through the sales of various animal health products through the following segments: Diagnostics, Pharmaceuticals, Vaccines, and Feed Additives.
The Global Animal Health Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Animal Health market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Animal Health Market: Bayer AG, Elanco Animal Health Inc., Merck Animal Health, Merial Ltd. and Zoetis Inc.
Other Prominent Vendors in the market are: Biogenesis Bago, Boehringer Ingelheim, Ceva Holdings, Heska, Imugene, Indian Immunologicals, Lohmann Animal Health International, Neogen, Thermo Fisher Scientific (Life Technologies Corporation) , Vétoquinol and Virbac.
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Further, the report states that one of the main challenges faced by the market is the regulatory pitfalls that hamper the development and approval process of a drug, thereby delaying its market entry.
Key Questions Answered in this Report
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