Veterinary Medicine Market Forecast Shows Robust Growth to 2030

Veterinary Medicine Market Overview

The veterinary medicine market is anticipated to grow at a compound annual growth rate (CAGR) of 7.10% to reach US$54.50 billion by 2030.

Veterinary Medicine Market Scope and Methodology:

The Veterinary Medicine market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Veterinary Medicine market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Veterinary Medicine Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Veterinary Medicine Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Veterinary Medicine Market Regional Insights

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Veterinary Medicine market situations in various nations. The Veterinary Medicine market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

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Veterinary Medicine Market Segmentation

by Product

Drugs
Vaccines
Medicated Feed Additives

by Route of Administration

Oral
Parenteral
Topical

by Application

Companion Animals
Livestock Animals

by End-User

Veterinary Hospital
Veterinary Clinics
Pharmacies & Drug Stores

of the veterinary care industry, offering a more comprehensive perspective at both the macro and micro levels. Parenteral is the most used mode of administration in veterinary medicine, with a 2023 valuation of approximately US$x billion. Parenteral administration is preferred over other methods because it has a faster onset of action, better bioavailability, a more dependable dosage, and a faster therapeutic effect by bypassing the first-pass metabolism. On the other hand, it has a number of negative reactions, painful delivery, and discomfort, which are disadvantages that impede growth.

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Veterinary Medicine Market Key Players

1. Agrovet Market Animal Health
2. American Veterinary Clinic
3. Animalcare
4. BASF India Ltd
5. Belfarmacom
6. Bimeda
7. Biotex Plus Ltd
8. Boehringer Ingelheim Gmbh
9. Brouwer
10. Cadila Pharmaceuticals Ltd
11. Cargill India Pvt. Ltd
12. Ceva
13. Chemo Argentina
14. Koninklijke DSM N.V
15. Mars
16. Merck & Co.
17. Saudi Pharmaceutical Industries
18. Sauvet
19. Selecta
20. Syntec
21. The British Veterinary Center
22. UCBVET
23. Vetanco
24. Veterinarski Zavod Subotica
25. Vetmedica
26. Wageningen Bioveterinary Research
27. Wilbur-Ellis
28. Zoetis

Key questions answered in the Veterinary Medicine Market are:

• What is Veterinary Medicine ?
• What was the Veterinary Medicine market size in 2023?
• What is the growth rate of the Veterinary Medicine Market?
• Which are the factors expected to drive the Veterinary Medicine market growth?
• What is the CAGR at which the Veterinary Medicine market will grow during the forecast period?
• What are the different segments of the Veterinary Medicine Market?
• Which is the fastest growing region in the Veterinary Medicine market?
• What growth strategies are the players considering to increase their presence in Veterinary Medicine ?
• What are the upcoming opportunities and trends for the Veterinary Medicine Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Veterinary Medicine Market?
• Who are the leading companies and what are their portfolios in Veterinary Medicine Market?
• What segments are covered in the Veterinary Medicine Market?
• Who are the key players in the Veterinary Medicine market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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