Cattle Health Market

Cattle Health Market

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raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

The global cattle health market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing research and development in the health cattle sector.

Cattle Health Market key takeaways

The cattle healthcare includes diagnosis and treatment of cattle. The cattle health involves common health problems such as foot rot, grass tetany, back leg, and other bovine diseases such as tetanus and rabies. In the cattle health various methods are used such as stress-free environment for cattle, monitor the cattle feed consumption, regular and time to time vaccination to keep the cattle healthy.

The Covid-19 pandemic has less affected on the global cattle health market compared to other markets. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturer to slow down in the cattle health sector leading to unfortunate decline in market growth. Traditional veterinary practices grow significantly because of adoption of telehealth and consulting solutions.

Market Trends, Drivers, Restraints, and Opportunities

  • European and Asia pacific countries are focusing more on the cattle health and taking several initiatives for the same, which is estimated to drive the cattle health market.
  • Increasing beef consumption has fueled the global cattle health market during the forecast period.
  • Rising demand for animal protein in the market is projected to drive the global cattle health market.
  • High cost associated with animal health and lack of awareness about the animal health is estimated to hamper the cattle health market.
  • Owing to involvement of the government and rising focus on cattle health is fueling the cattle health market during the forecast period.

Scope of the Report

The report on the global cattle health market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cattle Health Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product Types (Therapeutics [Vaccine, Parasiticide, Anti-infective, and Medical Feed Additive], Diagnostics [Immunodiagnostic Test, Molecular Diagnostics, Diagnostic Imaging, and Clinical Chemistry])

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Bayer AG; Elanco Animal Health; Zoetis Inc.; Ceva Sante Animal; Boehringer Ingelheim

 

Market Segment Insights

The vaccine segment is expected to grow at a rapid pace

On the basis of product types, the global cattle health market is bifurcated into therapeutics and diagnostics. The therapeutics segment is further segregated into vaccine, parasiticide, anti-infective, and medical feed additive. The diagnostics segment is further fragmented into immunodiagnostic test, molecular diagnostics, diagnostic imaging, and clinical chemistry. The vaccine segment is expected to grow at a rapid pace. The vaccines are used to protect the beef cattle from different kinds of microorganisms, such as bacteria, viruses, and protozoans. The toxoids and killed vaccines are available for various diseases and cause the allergic reaction. On the other hand, the medical feed additives segment is expected to hold a key share of market during the forecast period because of increment in the beef consumption.

Cattle Health Market by product types

North America is anticipated to constitute a key market share

In terms of regions, the global cattle health market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key market share during the projected period due to increasing research and development in the cattle health sector and also technological innovation is estimated to drive the market. Cattle health products are very important for increasing the cattle population and health of the cattle.

Cattle Health Market by regions

Segments

Segments Covered in the Report
The global cattle health market has been segmented on the basis of

Product Types

  • Therapeutics
    • Vaccine
    • Parasiticide
    • Anti-infective
    • Medical Feed Additive
  • Diagnostics
    • Immunodiagnostic test
    • Molecular Diagnostics
    • Diagnostic Imaging
    • Clinical Chemistry
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key players
  • Bayer AG
  • Elanco Animal Health
  • Zoetis Inc.
  • Ceva Sante Animal
  • Boehringer Ingelheim

Competitive Landscape

Some of the key players competing in the global cattle health market include Bayer AG; Elanco Animal Health; Zoetis Inc.; Ceva Sante Animal; Boehringer Ingelheim.

These key players are constantly implementing several marketing strategies such as merger & acquisitions, capital investments, partnerships, and new product development to sustain industry position in the market. The Zoetis Inc. launches new Draxxin KP, a combination treatment for bovine respiratory diseases.

Cattle Health Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cattle Health Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cattle Health Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cattle Health Market - Supply Chain
  4.5. Global Cattle Health Market Forecast
     4.5.1. Cattle Health Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cattle Health Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cattle Health Market Absolute $ Opportunity
5. Global Cattle Health Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cattle Health Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cattle Health Demand Share Forecast, 2019-2026
6. North America Cattle Health Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cattle Health Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cattle Health Demand Share Forecast, 2019-2026
7. Latin America Cattle Health Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cattle Health Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cattle Health Demand Share Forecast, 2019-2026
8. Europe Cattle Health Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cattle Health Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cattle Health Demand Share Forecast, 2019-2026
9. Asia Pacific Cattle Health Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cattle Health Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cattle Health Demand Share Forecast, 2019-2026
10. Middle East & Africa Cattle Health Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cattle Health Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cattle Health Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cattle Health Market: Market Share Analysis
  11.2. Cattle Health Distributors and Customers
  11.3. Cattle Health Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Bayer AG
     11.4.2. Elanco Animal Health
     11.4.3. Zoetis Inc.
     11.4.4. Ceva Sante Animal
     11.4.5. Boehringer Ingelheim

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