According to Gen Consulting Company, the global veterinary medicine market is set to achieve an incremental growth of USD 9 billion, acelerating at a CAGR of almost 4.8% during the forecast period 2022-2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global veterinary medicine market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the veterinary medicine industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, route of administration, animal type, distribution channel, and region. The global market for veterinary medicine can be segmented by product: drugs, medicated feed additives, vaccines. Veterinary medicine market is further segmented by route of administration: oral (powder, tablets), parenteral, others (topical, carrier). Based on animal type, the veterinary medicine market is segmented into: companion animals, livestock animals. On the basis of distribution channel, the veterinary medicine market also can be divided into: pharmacies & drugs stores, veterinary hospitals & clinics. Veterinary medicine market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By product:
– drugs
– medicated feed additives
– vaccines

By route of administration:
– oral (powder, tablets)
– parenteral
– others (topical, carrier)

By animal type:
– companion animals
– livestock animals

By distribution channel:
– pharmacies & drugs stores
– veterinary hospitals & clinics

By region:
– North America
– Asia Pacific
– Europe
– Rest of the World (ROW)

The vaccine market is further segmented into DNA vaccines, inactivated vaccines, live attenuated vaccines, recombinant vaccines, subunit vaccines, toxoids, others. Furthermore, the drug market has been categorized into analgesics, anti-infectives, anti-inflammatory, parasiticides, others. The livestock animal market is further divided into cattle, fish, poultry, sheep & goats, swine. The companion animal market is further segmented into cats, dogs, horses, others.

The report also provides a detailed analysis of several leading veterinary medicine market vendors that include ADM Animal Nutrition, Inc., Bayer AG, Biogenesis Bago S.A., Boehringer Ingelheim International GmbH, Ceva Animal Health, LLC, Chanelle Pharma Unlimited, Dechra Pharmaceuticals PLC, Elanco Animal Health Incorporated, Evonik Industries AG, Huvepharma EOOD, Krka, d. d., Merck & Co., Inc., Norbrook Laboratories Ltd., Nutreco N.V., Orion Corporation, Ourofino Saude Animal, PAHC Phibro Animal Health Corporation, Vetoquinol SA, Virbac Corporation, Zoetis Inc., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global veterinary medicine market.
– To classify and forecast the global veterinary medicine market based on product, route of administration, animal type, distribution channel, region.
– To identify drivers and challenges for the global veterinary medicine market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global veterinary medicine market.
– To identify and analyze the profile of leading players operating in the global veterinary medicine market.

Why Choose This Report
– Gain a reliable outlook of the global veterinary medicine market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.