Veterinary Drugs Market to surge at 5.6% CAGR and Hit US$ 27,570 Mn by 2025

Jul 5, 2019

Veterinary Drugs Market 2019-2025 | Revenue & Growth Forecast by Product, Material & Industry Players

Pune, India - July 5, 2019 /MarketersMedia/ —

The rising demand for advanced drugs is likely to create lucrative growth opportunities for the global veterinary drugs market, finds Fortune Business Insights in their new study. The study is titled “Veterinary Drugs Market: Global Market Analysis, Insights, and Forecasts, 2018 – 2025.” According to the study, the global veterinary drugs market will reach a valuation of US$ 27,570 Mn by 2025 from US$ 17,870.6 Mn in 2017, and exhibit a promising CAGR of 5.6% over the aforementioned forecast period.

Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/veterinary-drugs-market-100171

Some of the Main Key Players Covered in the Report:

• Zoetis
• Intervet Inc.
• Boehringer Ingelheim
• Ceva
• Elanco
• Vetoquinol S.A.
• Bayer AG
• Other players

Rise in Intake of Meat Consumption to Propel Market
The rise in the prevalence of infectious diseases among animals is driving the demand for veterinary drugs. Increasing poultry farming will bode well for the veterinary drugs market as well. Besides this, the market is likely to witness an increasing demand from pet farm owners. Introduction of cost-effective and advanced drugs will also help the market generate more revenue.

Nevertheless, the rising number of meat consuming people and increasing demand for animal products such as milk, ghee, cheese, and eggs are creating better growth opportunities for the veterinary drugs market.
The parasiticides segment accounted for the highest share in 2017 with market revenue of 32.2% and is likely to dominate the market in terms of product segmentation. This is because prevention of animals from insects and parasites is extremely important, in order to avoid its devastating impact on the animals and further on humans consuming products derived from such animals such as milk, eggs, and meat.

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Segmentation:
By Product
· Anti-infectives
· Anti-inflammatory
· Parasiticides
By Animal
· Companion
· Livestock
By Route of Administration

· Oral
· Parenteral
· Topical
Distribution Channel
· Veterinary Hospitals
· Veterinary Clinics
· Pharmacies & Drug Stores

The Asia Pacific to Exhibit Fastest Growth Rate
The rate of animal adoption is more in North America as compared to other regions. This, coupled with, the introduction of new animal-related products in the region will help it emerge dominant at a global scale. In 2017, North America held the highest share in the global veterinary drugs market and was valued at US$ 6290.1 Mn. It is also expected to continue dominating the market through the forecast period.

On the other side, Asia Pacific is expected to show a remarkable growth rate in the coming years. The stringent rules imposed on animal healthcare by governments of nations in this region, coupled with, the involvement of animals in agricultural activities are propelling the veterinary drugs market in the Asia Pacific.

Major Table of Content for Veterinary Drugs Market:

1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Pipeline Analysis of Veterinary Drugs
4.2 Overview of Company Share Analysis
4.3 Overview of Strategies by Key Market Leaders
4.4 Key Industry Developments such as Mergers & Acquisitions
4.5 New Product Launches
4.6 Regulatory Scenario
4.7 Overview of Cost Analysis

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About Us

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Info:
Name: Ashwin Arora
Email: Send Email
Organization: Fortune Business Insights Pvt. Ltd.
Website: http://www.fortunebusinessinsights.com

Source URL: https://marketersmedia.com/veterinary-drugs-market-to-surge-at-56-cagr-and-hit-us-27570-mn-by-2025/88892955

Source: MarketersMedia

Release ID: 88892955

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Puerto Princesa City — Four more individuals listed in the passenger manifest of the ill-fated MV June Aster have been confirmed to have not boarded the vessel when it left Baseco Port in Manila on Sept. 8, the Philippine Coast Guard (PCG) said Wednesday night. PCG spokesperson Commodore Noemi Cayabyab said the Emergency Operation Center

FACT CHECK: No lockdown in Malacañang after court ordered VP Sara’s arrest

Sep 17, 2026

FACT CHECK: No lockdown in Malacañang after court ordered VP Sara’s arrest

No credible reports confirm that barricades and barbed wire were installed around Malacañang due to the issuance of Duterte's arrest warrant, contrary to the claim

Fire hits part of Angeles City public market

Sep 17, 2026

Fire hits part of Angeles City public market

MABALACAT CITY, Pampanga – A fire hit a portion of the Pampang Public Market in Angeles City on Wednesday night, displacing dozens of stall owners. The Bureau of Fire Protection in Angeles City declared the blaze “contained” early Thursday, although firefighters were still working to fully extinguish it. READ: Pampanga helps ease floods at NLEx

Malacañang notes Rodrigo Duterte's 'good condition', acceptance of situation after ICC appearance

Sep 17, 2026

Malacañang notes Rodrigo Duterte's 'good condition', acceptance of situation after ICC appearance

Following Rodrigo Duterte"s personal appearance before the International Criminal Court (ICC) at The Hague in the Netherlands on September 16, the Palace on Thursday said the former president appeared to be in good condition and appears to have accepted his current legal situation.

After Senate passes bill, will 2026 barangay, SK polls be postponed?

Sep 17, 2026

After Senate passes bill, will 2026 barangay, SK polls be postponed?

The measure fixes the term of all elected barangay and SK officials to five years and moves the village and youth polls to the second Monday of November starting in 2028

LPA off Palawan to bring rains across parts of PH

Sep 17, 2026

LPA off Palawan to bring rains across parts of PH

MANILA, Philippines — A low pressure area (LPA) being monitored inside the Philippine area of responsibility (PAR) has a low chance of developing into a tropical depression but it will bring rains over parts of the country on Thursday, according to the state weather bureau.  In its 5 a.m. weather forecast, the Philippine Atmospheric, Geophysical,

Rappler Live Jam: Healy After Dark

Sep 17, 2026

Rappler Live Jam: Healy After Dark

Catch the 'Isip' hitmakers perform on Rappler Live Jam for the first time!

Escape through drone in Bilibid, jail facilities? No chance, says BuCor's Catapang

Sep 17, 2026

Escape through drone in Bilibid, jail facilities? No chance, says BuCor's Catapang

Bureau of Corrections (BuCor) Director General Gregorio Catapang Jr. on Thursday ruled out the possibility of persons deprived of liberty (PDLs) escaping through drones, amid viral posts that a South Korean national planned to escape through such a method.

FACT CHECK: INC rally misrepresented as protest against VP Sara arrest warrant

Sep 17, 2026

FACT CHECK: INC rally misrepresented as protest against VP Sara arrest warrant

The video shows a commotion between police and members of the Iglesia ni Cristo during a June 2026 protest in support of Senator Rodante Marcoleta

North-south Commuter Railway full operation timeline revised to 2033

Sep 17, 2026

North-south Commuter Railway full operation timeline revised to 2033

North-south Commuter Railway full operation timeline revised to 2033

Huawei quickens AI chip pace, promises next entrant 3 quarters early

Sep 17, 2026

Huawei quickens AI chip pace, promises next entrant 3 quarters early

Huawei Technologies said on Thursday that it would launch its next-generation artificial intelligence chip in the first quarter of 2027, moving the target launch forward by nine months as the firm aggressively expands its ecosystem amid China’s self-sufficiency push. David Wang Tao, rotating and acting chairman for Huawei, said on Thursday that the Ascend 960DT chip, an AI chip designed for model training, “with performance doubling”, would be “ready in the first quarter of 2027”, three quarters...

Senators question NIA's P233.85B budget request for 2027

Sep 17, 2026

Senators question NIA's P233.85B budget request for 2027

The National Irrigation Administration (NIA) is seeking a P233.85-billion budget for 2027, nearly four times its P64.37-billion allocation for this year, drawing questions from senators.

DOE scraps coal bid, plans rebid in weeks as Semirara contract nears expiry

Sep 17, 2026

DOE scraps coal bid, plans rebid in weeks as Semirara contract nears expiry

‘We’ll rebid in a few weeks. New rules, new bidding,’ Energy Secretary Sharon Garin tells Rappler as Semirara’s contract nears its July 2027 expiry

House summons Meta’s Zuckerberg over child safety, defers action on 2027 DICT budget

Sep 17, 2026

House summons Meta’s Zuckerberg over child safety, defers action on 2027 DICT budget

The DICT says Meta Platforms 'continues to fall short of its responsibility and commitment to youth safety,' and authorities will take steps to remedy that in the Philippines

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