Global Animal Health Market Report: 2013 Edition
Animal health market includes pharmaceuticals, vaccines and
medicinal feed additives. Pharmaceuticals contribute significantly to the
health and well-being of food-producing and companion animals. Food producing
animals are the species that provide animal protein including cattle (both beef
and dairy), swine, poultry, sheep and fish, whereas companion animals are the
animals that are kept by people for companionship, protection and enjoyment
such as dogs, cats, and horses among others.
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Economic development and the corresponding increases in the
disposable income, particularly in the emerging markets of India, China, Indonesia,
Thailand, Malaysia, and Taiwan; increasing pet ownership; rising demand for
improved nutrition, mainly animal protein; intensifying consumer focus on food
safety and the escalating need for greater livestock production efficiency are
among the major factors driving the animal health market. The market is
projected to further grow in years to come and become more specialized due to
economic, social and demographic trends.
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global animal health market is consolidated with top eight
players controlling by far the majority share of the market. Zoetis, Merck, and
Merial are the leading players in the animal health market. Other key players
in the market include Elanco, Bayer, Boehringer, Novartis and Virbac.
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The report discusses market segments, major growth drivers
and also analyzes some of the major regional markets, including the US, the UK,
and China. The report also provides competitive landscape and profiles of major
players, along with their business strategies.
By combining SPSS Inc.’s data integration and analysis
capabilities with our relevant findings, we have predicted the future growth of
the industry. We employed various significant variables that have an impact on
this industry and created regression models with SPSS Base to determine the
future direction of the industry. Before deploying the regression model, the
relationship between several independent or predictor variables and the
dependent variable was analyzed using standard SPSS output, including charts,
tables and tests.
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