DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Cattle Health Market - Segmented By Products, Cattle Diagnostics, Cattle Genetics, & Geography - Trends & Forecasts 2015-2020" report to their offering.
The Global market for Cattle Health is currently estimated to be valued at $ 3183 million for the year 2015 and is poised to reach $4741 million by the end of 2020. The CAGR during this period of forecast is 8.72%.
Growing animal food product consumption is leading to an increase in demand for animal healthcare products and services. Cattle producers have long recognized the need for proper husbandry and stewardship, given the intensive animal husbandry model that currently houses a majority of cattle reared each year.
Growing beef production and increasing demand for animal protein in an era of ever stricter regulations for rearing and food safety testing will have a positive impact on the cattle healthcare market.
Currently, North America leads the Global market for Cattle Health, followed by Europe. However, developing regions like Asia-pacific and Africa are expected to grow rapidly, forming a new revenue pockets in the market. Countries such as India, China, and Japan will be major contributors to this market over the next decade.
The Global Cattle Health market is segmented by type of products (vaccines, Paraciticides, Anti-Infectives, Medicinal feed additives, and other pharmaceuticals), by diagnostics (Enzyme Linked Sorbent Assay (ELISA), Rapid Immuno migration (RIM), and Agar Gel Immuno diffusion (AGID)), by molecular diagnostic tests (PCR, diagnostic imaging, ultrasound imaging, MRI), by genetics and by geography, the market is divided into North America, Asia-Pacific, Europe and the rest of world.
- Zoetis Animal Healthcare
- Merck Ltd.
- Merial ( Animal Health division of Sanofi)
- Elanco Animal Health
- Bayer Animal Health
- Ceva Animal Health
- Boehringer Ingelheim
For more information visit http://www.researchandmarkets.com/research/kwdmqf/global_cattle