Veterinary Anti-Infectives Market : Technology Advancements, Industry Insights, Trends And Forecast 2033  

Posted by Amruta Pritam on April 25th, 2024

Overview and Scope

The term veterinary anti-infective refers to a broad category where animals are cared for by providing both illness prevention and cure approaches.

Sizing and Forecast

The veterinary anti-infectives market size has grown strongly in recent years. It will grow from .09 billion in 2023 to .58 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%.  The  growth in the historic period can be attributed to increasing pet ownership, prevalence of infectious diseases, advancements in veterinary medicine, rising awareness, government initiatives.

The veterinary anti-infectives market size is expected to see strong growth in the next few years. It will grow to .05 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%.  The growth in the forecast period can be attributed to continued pet population growth, emerging zoonotic diseases, globalization of pet trade, increasing veterinary healthcare expenditure. Major trends in the forecast period include technological advancements, increasing adoption of biologicals, integration of telehealth in veterinary services, focus on natural and herbal alternatives, expansion of e-commerce in veterinary pharmaceuticals, collaborations and partnerships.

To access more details regarding this report, visit the link:

https://www.thebusinessresearchcompany.com/report/veterinary-anti-infectives-global-market-report

Segmentation & Regional Insights

The veterinary anti-infectives market covered in this report is segmented –

1) By Drug Class: Antimicrobial Agents, Antiviral Agents, Antifungal Agents, Other Drug Classes

2) By Species Type: Livestock Animals, Companion Animals

3) By Mode Of Administration: Oral, Parenteral, Topical

4) By Distribution Channel: Veterinary Hospitals, Veterinary Clinics, Pharmacies, Others Distribution Channels

North America was the largest region in the veterinary anti-infectives market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary anti-infectives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Intrigued to explore the contents? Secure your hands-on sample copy of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=7802&type=smp

Major Driver Impacting Market Growth

An increase in pet ownership is expected to propel the growth of the veterinary anti-infectives market going forward. Pet ownership refers to owning a dog, cat, or other domestic pet at home. Pet are being adopted as increasing number of the young population are considering them as part of their family, some owners are adopting them for their compassion, loyalty and the to prevent loneliness.  For instance, in February 2023, according to Chewy Inc., a US-based online retailer of pet food and other pet-related products, in 2021, approximately 977,202 pets found homes through adoption in the United States, marking the highest adoption rate in the past six years at 61%.  Therefore, an increase in pet ownership is driving the demand for veterinary anti-infectives market.

Key Industry Players

Major companies operating in the veterinary anti-infectives market report are Bayer AG, C. H. Boehringer Sohn AG & Co. KG, Ceva Santé Animale, Elanco Animal Health Incorporated, Zoetis Inc., Vetoquinol S. A., Merck & Co., Phibro Animal Health, Aspen Veterinary Resources Ltd., Bimeda Animal Health Limited, Dechra Pharmaceuticals Plc, Intervet International B. V., Oceanic Pharmachem Pvt. Ltd., Virbac Ltd., Indian Immunologicals Ltd. (IIL), Norbrook Laboratories Ltd., Ashish Life Science Pvt. Ltd., Kyoritsu Seiyaku Corporation, Tianjin Ringpu Bio-Technology Co. Ltd., HIPRA, Zydus Animal Health and Investments Limited, China Animal Husbandry Group, ZOOVETVARU Ltd., Magnum Veterinaaria Ltd., Inovet (V. M. D. nv/sa), Chanelle Pharmaceuticals Manufacturing Ltd., Huvepharma Inc., Veyx Pharma GmbH, Biovet Pvt. Ltd., Laboratorios Ovejero SA, Laboratorios Syva S. A.

The veterinary anti-infectives market report table of contents includes:

1. Executive Summary

2. Veterinary Anti-infectives Market Characteristics

3. Veterinary Anti-infectives Market Trends And Strategies

4. Veterinary Anti-infectives Market - Macro Economic Scenario

5. Global Veterinary Anti-infectives Market Size and Growth

................

31. Global Veterinary Anti-infectives Market Competitive Benchmarking

32. Global Veterinary Anti-infectives Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Veterinary Anti-infectives Market

34. Veterinary Anti-infectives Market Future Outlook and Potential Analysis

35. Appendix

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info