DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f3w6bv/global_poultry) has announced the addition of the "Global Poultry Health Market Segmented By Products, Diagnostic Market, Genetics & By Geography - Trends & Forecasts 2014-2019" report to their offering.
The market is estimated to be worth $3.67 billion in 2013 and is expected to grow at a CAGR of 7.2% to reach $ 5.76 billion by 2019
Growing animal food product consumption is leading to an increase in demand for animal healthcare products and services.
While poultry constitutes a significant share of total animal food product consumption globally, production growth of poultry products has been rocky over the last few years. High feed costs and disease outbreaks have particularly affected poultry meat supply in 2013.
With poultry meat production bouncing back at a decent 1.6% growth in 2014, prospects for poultry healthcare products and services are good.
On a more general level, higher demand for animal protein and increasing consumer concern over food safety will enable growth in demand for poultry healthcare products and services.
While Europe leads the veterinary healthcare market followed by North America, developing regions like Asia-pacific and Africa are expected to form new revenue pockets in the market. Countries such as India, China, Brazil will be major contributors to this market over the next decade. Forinstance, India has consistently averaged over 13% YoY growth in their broiler industry, making it the fourth largest producer in the world.
In this report, the market is segmented by type of disease into vaccines, Paraciticides, Anti-Infectives, Medicinal feed additives, and other pharmaceuticals.The market is further segmented by diagnostics (Enzyme Linked Sorbent Assay(ELISA), Rapid Immuno Migration (RIM), and Agar Gel Immuno diffusion (AGID) andgenetics. Regional markets analyzed in this report are North America, Europe, Asia-Pacific and the rest of the world(RoW).
Key Topics Covered:
2. Market Analysis
3. Market Dynamics
4.Global Poultry Market Segmentation
- Bayer Healthcare
- Boehringer Ingelheim
- Merial (Animal Health Division Of Sanofi)
- Novartis Animal Health, Inc.
- Zoetis Animal Healthcare
For more information visit http://www.researchandmarkets.com/research/f3w6bv/global_poultry