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Animals > Animal ResearchAnimal Healthcare Market Predicted To Reach USD 41 scarpe nike air max 360 ,929.1 Mn By 2019
Posted by vinaylondhe1 in Animals on November 21st, 2017




Persistence Market Research Released New Market Report on “Global Market Study on Animal Healthcare: Feed Additives to Witness Highest Growth by 2019,” the global animal healthcare market was valued at USD 27,861.2 million in 2013 and is expected to grow at a CAGR of 7.1% from 2014 to 2019 scarpe nike air max 93 , to reach an estimated value of USD 41,929.1 million in 2019.




Increasing population of companion and production animals is driving the global animal healthcare market. The animals that serve man by giving companionship and guarding their housesoffices are termed as companion animals, while those animals which serve mankind with their meat and milk and fur are called production animals.




The new types of diseases in animals and their transfer to humans via their product consumption and companionship are escalating the animal healthcare market globally. However, some challenges in the form of regulations have emerged against the excess use of antibiotics in production animals scarpe nike air max penny , and legislations and protest of animal activists and institutions against animal research.




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The animal healthcare market is very competitive with the top ten players accounting for about three-fourth of the market. The companies are focusing on their research and development activities to produce better pharmaceutical and vaccine products for the existing and newly diagnosed diseases.




Increasing per-capita income level, changing lifestyle, and growing population has increased global meat consumption. The number of animal farms is also increasing globally due to increasing demand for protein rich food such as meat, eggs and milk. The healthcare expenditure in such farms has been increasing scarpe nike air max plus , due to the growth in animal numbers in the farms and increasing concern for their health.




According to the European Food Safety Authority (EFSA), around 3, 20,000 cases of food-borne and zoonotic diseases are reported each year in the European Union. The consumption of Campylobacteriosis (a zoonotic disease) induced broiler meat affected 220 scarpe nike air max 180 ,209 people in the European Union (EU) countries in 2012.




However, the excessive use of antibiotics in production animals have led to challenges for the industry in the form of regulations and protest of animal activists against research on animals.




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