Germany Veterinary Healthcare Market
The veterinary healthcare market in Germany has been estimated at USD XX billion in 2016 and is projected to reach USD XX billion by 2021, growing at a CAGR of about X% during the forecast period from 2016 to 2021. The veterinary healthcare market is gaining importance as a result of manufacturers focusing on the production of products with specialized formulations and manufacturing processes.
Germany Veterinary Healthcare Market- Market Dynamics
The importance of livestock animals is one of the factors generating a major share of growth in the animal healthcare market. This is mainly due to the increased consumption of meat and dairy products. Population expansion is expected to result in increased demand for protein-rich foods.
There are several factors driving the growth of the veterinary healthcare market in Germany. Some of these are:
Increased care for animals leading to increased pet ownership
Increased consumer focus on food safety
Greater livestock production
Increased occurrence of zoonotic diseases
There are also some restraints that the veterinary healthcare market in Germany is faced with. These include:
High costs of production
Increased competition for land
Scarcity of arable land and water
Germany’s veterinary healthcare market has been segmented by the type of product: vaccines, anti-infectives, parasiticides, medicinal feed additives and others; and by animal: farm animal health, poultry animal health, fish health, cattle health, sheep health, and companion animal health.
Some of the key players in the market are:
Bayer Animal Health
Ceva Animal Health
Elanco Animal Health
Zoetis Animal Healthcare
Key Deliverables in the Study
Market analysis for Germany’s veterinary healthcare market, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the veterinary healthcare market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.