According to our (Global Info Research) latest study, the global Traditional Chinese Veterinary Medicine(TCVM) market size was valued at US$ 1321 million in 2024 and is forecast to a readjusted size of USD 2088 million by 2031 with a CAGR of 6.8% during review period.
Traditional Chinese veterinary medicine is medicine that applies the theory of traditional Chinese medicine to animals and is used for the prevention and treatment of animal diseases.
Veterinary drugs refer to substances used for the prevention, treatment, diagnosis, or purposeful regulation of animal physiological functions. As the domestic livestock and poultry breeding industry continues to accelerate the process of large-scale and intensive breeding, breeding enterprises and farmers are facing increasing risks of disease prevention and control. Increasing attention is paid to the prevention and control of animal diseases, which has promoted the rapid development of the domestic veterinary drug market. . In 2021, the market size of Chinas veterinary drug industry will reach 68.474 billion yuan, of which chemical pharmaceuticals account for the largest market share, while Chinese veterinary drugs are relatively smaller, accounting for 8.95%.
This report is a detailed and comprehensive analysis for global Traditional Chinese Veterinary Medicine(TCVM) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Traditional Chinese Veterinary Medicine(TCVM) market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Traditional Chinese Veterinary Medicine(TCVM) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Traditional Chinese Veterinary Medicine(TCVM) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Traditional Chinese Veterinary Medicine(TCVM) market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Traditional Chinese Veterinary Medicine(TCVM)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Traditional Chinese Veterinary Medicine(TCVM) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Rip Biotech, Jinhe Biotechnology, Lvkang Biochemical, Haili Biotechnology, Tiankang Biotechnology, China Animal Husbandry Co., Ltd., Pleco, Da Beinong, Biological shares, Luoyang Huizhong Veterinary Medicine, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Traditional Chinese Veterinary Medicine(TCVM) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Antibacterial
Anthelmintics
Growth Promotion
Market segment by Application
Livestock Industry
Pet Industry
Others
Major players covered
Rip Biotech
Jinhe Biotechnology
Lvkang Biochemical
Haili Biotechnology
Tiankang Biotechnology
China Animal Husbandry Co., Ltd.
Pleco
Da Beinong
Biological shares
Luoyang Huizhong Veterinary Medicine
Shandong Xundakang Veterinary Drugs
Henan Muxiang Animal Pharmaceuticals
Alpine Group
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Traditional Chinese Veterinary Medicine(TCVM) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Traditional Chinese Veterinary Medicine(TCVM), with price, sales quantity, revenue, and global market share of Traditional Chinese Veterinary Medicine(TCVM) from 2020 to 2025.
Chapter 3, the Traditional Chinese Veterinary Medicine(TCVM) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Traditional Chinese Veterinary Medicine(TCVM) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Traditional Chinese Veterinary Medicine(TCVM) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Traditional Chinese Veterinary Medicine(TCVM).
Chapter 14 and 15, to describe Traditional Chinese Veterinary Medicine(TCVM) sales channel, distributors, customers, research findings and conclusion.
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