
Veterinary Medicine in South America
Description
Veterinary Medicine in South America
Summary
Veterinary Medicine in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Veterinary medicine is concerned with preventing, controlling, diagnosing, and treating diseases affecting the health of both food-producing and companion animals and preventing the transmission of animal diseases to humans. Market value represents revenue generated by market players in a specific year.
- The South American veterinary medicine market recorded revenues of $3,501.5 million in 2023, representing a compound annual growth rate (CAGR) of 2.9% between 2018 and 2023.
- The pharmaceutical segment accounted for the market's largest proportion in 2023, with total revenues of $1,984.1 million, equivalent to 56.7% of the market's overall value.
- The growth of the South American market can be attributed to the increasing number of animals, which in turn drives the demand for animal-based food products. For instance, according to the Food and Agriculture Organization of the United Nations (FAO), meat production in Brazil and Colombia grew by 1.4% and 1.6%, reaching 30.8 million tons and 3.1 million tons, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the veterinary medicine market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the veterinary medicine market in South America
- Leading company profiles reveal details of key veterinary medicine market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South America veterinary medicine market with five year forecasts
- What was the size of the South America veterinary medicine market by value in 2023?
- What will be the size of the South America veterinary medicine market in 2028?
- What factors are affecting the strength of competition in the South America veterinary medicine market?
- How has the market performed over the last five years?
- What are the main segments that make up South America's veterinary medicine market?
Table of Contents
43 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. Zoetis Inc
- 8.2. Merck & Co., Inc.
- 8.3. Ceva Sante Animale SA
- 8.4. Boehringer Ingelheim GmbH
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: South America veterinary medicine market value: $ million, 2018-23
- Table 2: South America veterinary medicine market category segmentation: % share, by value, 2018-23
- Table 3: South America veterinary medicine market category segmentation: $ million, 2018-23
- Table 4: South America veterinary medicine market geography segmentation: $ million, 2023
- Table 5: South America veterinary medicine market value forecast: $ million, 2023-28
- Table 6: Zoetis Inc: Key Facts
- Table 7: Zoetis Inc: Annual Financial Ratios
- Table 8: Zoetis Inc: Key Employees
- Table 9: Zoetis Inc: Key Employees Continued
- Table 10: Merck & Co., Inc.: Key Facts
- Table 11: Merck & Co., Inc.: Annual Financial Ratios
- Table 12: Merck & Co., Inc.: Key Employees
- Table 13: Merck & Co., Inc.: Key Employees Continued
- Table 14: Ceva Sante Animale SA: Key Facts
- Table 15: Ceva Sante Animale SA: Key Employees
- Table 16: Boehringer Ingelheim GmbH: Key Facts
- Table 17: Boehringer Ingelheim GmbH: Key Employees
- Table 18: South America Exchange Rate, 2018-23
- List of Figures
- Figure 1: South America veterinary medicine market value: $ million, 2018-23
- Figure 2: South America veterinary medicine market category segmentation: $ million, 2018-23
- Figure 3: South America veterinary medicine market geography segmentation: % share, by value, 2023
- Figure 4: South America veterinary medicine market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the veterinary medicine market in South America, 2023
- Figure 6: Drivers of buyer power in the veterinary medicine market in South America, 2023
- Figure 7: Drivers of supplier power in the veterinary medicine market in South America, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the veterinary medicine market in South America, 2023
- Figure 9: Factors influencing the threat of substitutes in the veterinary medicine market in South America, 2023
- Figure 10: Drivers of degree of rivalry in the veterinary medicine market in South America, 2023
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