Farm Animal Healthcare Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Farm Animal Healthcare Market by Product Type (Medicated feed additives, Vaccines, Pharmaceuticals, Others), Administration (Oral, Parenteral, Topical, Others), Animal Type (Cattle, Poultry, Aquaculture, Swine, Sheep, Others), Distribution Channel (Veterinary Clinics, Veterinary pharmacies, Online pharmacies, Others), Geography

 

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Description

Farm animals are the domesticated animals adopted for the production of milk and meat products. Generally adopted farm animals include cattle, poultry, aqua, swine, and sheep among others. The various diseases occur to farm animals include foodborne diseases, parasitic diseases; infectious diseases are due to the lack of nutrition fortified feed. Vaccines are commonly administered to the farm animals for the prevention of diseases and improve the immunity of the Farm Animal Healthcare Market. The farm animal healthcare market is in the developing stage with several local and international players are actively engaged in the development of veterinary vaccines, feed, and other pharmaceutical formulations to treat various diseases. Increasing the preference of healthy meat and dairy products and pet owners focus on the high production of meat and dairy products might fuel the farm animal healthcare market. Most of the companies focus on the research and development activities, product launchings, acquisitions and merging, and collaborating with competitors for increasing their product portfolio and share in the market. For instance, in November 2015, Zoetis acquired PharmaQ for the development and innovation of new vaccines in the aquaculture. In addition, in November 2014, Merck Animal Health launched Finadyne, a transdermal non-steroidal anti-inflammatory drug for cattle. Similarly, in September 2015, Ceva Sante Animale launched a vaccine in Europe to prevent Mycoplasma hyponeumoniae which causes respiratory disease in swine.

Farm Animal Healthcare Market

MARKET SUMMARY
-
x%
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– x%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Farm Animal Healthcare Market

  • The report on global farm animal healthcare market gives historical, current and future market sizes (US$ Bn) based on product type, animal type, distribution channel and region.
  • farm animal healthcare market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Alltech Inc.,
  • Zoetis,
  • Virbac AH Inc.,
  • Bayer HealthCare LLC,
  • Merck Animal Health,
  • Ceva Sante Animale S.A.
Farm Animal Healthcare Market

Drivers And Restraints

The global farm animal healthcare market is growing at a healthy CAGR due to increase in the adoption of farm animal. Increase in the population preferring for healthy meat and dairy products, rise in the prevalence of foodborne diseases in animals, increase in the research and development in animal health medicine, and rise in the income for pet owners might fuel the market over the forecast period. In addition, increase in the demand for the animal source protein, the rise in the awareness about farm animal health, favourable government initiations to promote animal health, an increase in the expenditure on animal welfare might bolster the market in the future. However, stringent regulatory policies for the approval of veterinary medicines such as vaccines, high cost for the diagnosis and treatment of diseases, and strict regulations for the use of antibiotics in the animal might hamper the farm animal healthcare market over the forecast period.


North-America got significant share

Farm Animal Healthcare Market

Geographically, farm animal healthcare market is segmented into the following regions Viz. Europe, Asia Pacific, Middle East & Africa, North America, and Latin America. North America holds a major share in farm animal healthcare market owing to increase in the research and development activities for veterinary vaccines, rise in the prevalence of various infectious diseases in farm animals, an increase in the preference for healthy meat and dairy products. In addition, favourable initiations from the government for the animal welfare, rise in the income per capita and increase in the awareness about the vaccines for farm animals also propel the farm animal healthcare market in North America region. Europe holds a key share in farm animal healthcare market, which is attributed to increasing in the prevalence of zoonotic and foodborne diseases in animals, (according to European Food Safety Authority (EFSA), approximately 320,000 cases of zoonotic and foodborne diseases occur every year in Europe countries), rise in the research and development activities, production of large amount of aquatics such as fish and prawns majorly in Norway, Ireland, U.K., and increase the expenditure on animal welfare are the key factors bolstering the farm animal healthcare market in Europe. Asia Pacific is an emergent market owing to increase the consumption of healthy meat and dairy products, rise in the awareness about animal diseases, an increase in the income per capita might fuel the farm animal healthcare market growth.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Notable Market Developments

  • In January 2017, Ceva Sante Animale acquired diversified portfolio of cattle and swine vaccines and multispecies non-steroidal anti-inflammatory from Boehringer Ingelheim
  • In March 2016, Zoetis and Merial collaborated to market the drugs and vaccines for the cattle in India

Key

Farm Animal Healthcare Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

1. Executive summary

2. Global Farm Animal Healthcare Market Introduction
2.1. Global Farm Animal Healthcare Market Market– Taxonomy
2.2. Global Farm Animal Healthcare Market Market–Definitions
2.2.1. Product Type
2.2.2. Animal Type

3. Global Farm Animal Healthcare Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Farm Animal Healthcare Market Dynamics – Factors Impact Analysis
3.6. Global Farm Animal Healthcare Market Market– Recent Market Introductions

4. Global Farm Animal Healthcare Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
4.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Oppurtunity Analysis

5. Global Farm Animal Healthcare Market Forecast, By Product Type, 2013 – 2017 and Forecast, 2018 – 2024
5.1. Medicated Feed Additives
5.1.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Pharmaceuticals
5.2.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Vaccines
5.3.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Others
5.4.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis

6. Global Farm Animal Healthcare Market Forecast, By Animal Type, 2013 – 2017 and Forecast, 2018 – 2024
6.1. Cattle
6.1.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Poultry
6.2.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Aquaculture
6.3.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Swine
6.4.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Sheep
6.5.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis

7. Global Farm Animal Healthcare Market Forecast, By Route of Administration, 2013 – 2017 and Forecast, 2018 – 2024
7.1. Oral
7.1.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Parenteral
7.2.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Topical
7.3.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Others
7.4.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis

8. Global Farm Animal Healthcare Market Forecast, By Distribution Channel, 2013 – 2017 and Forecast, 2018 – 2024
8.1. Veterinary Clinics
8.1.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Veterinary Pharmacies
8.2.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Online Veterinary Pharmacies
8.3.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Others
8.4.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis

9. Global Farm Animal Healthcare Market Forecast, By Region, 2013 – 2017 and Forecast, 2018 – 2024
9.1. North America
9.1.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Farm Animal Healthcare Market- Opportunity Analysis Index – By Animal Type, By Product Type, By Route of Administration, By Distribution Channel, and Region, 2018 – 2024

10. North America Farm Animal Healthcare Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
10.1. Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.1. Medicated feed additives
10.1.2. Vaccines
10.1.3. Pharmaceuticals
10.1.4. Others
10.2. Animal Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Cattle
10.2.2. Poultry
10.2.3. Aquaculture
10.2.4. Swine
10.2.5. Sheep
10.2.6. Others
10.3. Route of Administration Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Oral
10.3.2. Parenteral
10.3.3. Topical
10.3.4. Others
10.4. Distribution Channel Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Veterinary Clinics
10.4.2. Veterinary Pharmacies
10.4.3. Online Veterinary Pharmacies
10.4.4. Others
10.5. Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. U.S.
10.5.2. Canada
10.6. North America Farm Animal Healthcare Market- Opportunity Analysis Index – By Animal Type, By Product Type, By Route of Administration, By Distribution Channel, and Country, 2018 – 2024
10.7. North America Farm Animal Healthcare Market Dynamics – Trends

11. Europe Farm Animal Healthcare Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
11.1. Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.1. Medicated feed additives
11.1.2. Vaccines
11.1.3. Pharmaceuticals
11.1.4. Others
11.2. Animal Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Cattle
11.2.2. Poultry
11.2.3. Aquaculture
11.2.4. Swine
11.2.5. Sheep
11.2.6. Others
11.3. Route of Administration Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Oral
11.3.2. Parenteral
11.3.3. Topical
11.3.4. Others
11.4. Distribution Channel Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Veterinary Clinics
11.4.2. Veterinary Pharmacies
11.4.3. Online Veterinary Pharmacies
11.4.4. Others
11.5. Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Farm Animal Healthcare Market- Opportunity Analysis Index – By Animal Type, By Product Type, By Route of Administration, By Distribution Channel, and Country, 2018 – 2024
11.7. Europe Farm Animal Healthcare Market Dynamics – Trends

12. Asia-Pacific Farm Animal Healthcare Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
12.1. Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.1. Medicated feed additives
12.1.2. Vaccines
12.1.3. Pharmaceuticals
12.1.4. Others
12.2. Animal Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Cattle
12.2.2. Poultry
12.2.3. Aquaculture
12.2.4. Swine
12.2.5. Sheep
12.2.6. Others
12.3. Route of Administration Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Oral
12.3.2. Parenteral
12.3.3. Topical
12.3.4. Others
12.4. Distribution Channel Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Veterinary Clinics
12.4.2. Veterinary Pharmacies
12.4.3. Online Veterinary Pharmacies
12.4.4. Others
12.5. Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Farm Animal Healthcare Market- Opportunity Analysis Index – By Animal Type, By Product Type, By Route of Administration, By Distribution Channel, and Country, 2018 – 2024
12.7. Asia-Pacific Farm Animal Healthcare Market Dynamics – Trends

13. Latin America Farm Animal Healthcare Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
13.1. Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.1. Medicated feed additives
13.1.2. Vaccines
13.1.3. Pharmaceuticals
13.1.4. Others
13.2. Animal Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Cattle
13.2.2. Poultry
13.2.3. Aquaculture
13.2.4. Swine
13.2.5. Sheep
13.2.6. Others
13.3. Route of Administration Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Oral
13.3.2. Parenteral
13.3.3. Topical
13.3.4. Others
13.4. Distribution Channel Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Veterinary Clinics
13.4.2. Veterinary Pharmacies
13.4.3. Online Veterinary Pharmacies
13.4.4. Others
13.5. Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Venezuela
13.5.5. Rest of Latin America
13.6. Latin America Farm Animal Healthcare Market- Opportunity Analysis Index – By Animal Type, By Product Type, By Route of Administration, By Distribution Channel, and Country, 2018 – 2024
13.7. Latin America Farm Animal Healthcare Market Dynamics – Trends

14. Middle East & Africa Farm Animal Healthcare Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
14.1. Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.1.1. Medicated feed additives
14.1.2. Vaccines
14.1.3. Pharmaceuticals
14.1.4. Others
14.2. Animal Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Cattle
14.2.2. Poultry
14.2.3. Aquaculture
14.2.4. Swine
14.2.5. Sheep
14.2.6. Others
14.3. Route of Administration Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Oral
14.3.2. Parenteral
14.3.3. Topical
14.3.4. Others
14.4. Distribution Channel Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Veterinary Clinics
14.4.2. Veterinary Pharmacies
14.4.3. Online Veterinary Pharmacies
14.4.4. Others
14.5. Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Farm Animal Healthcare Market- Opportunity Analysis Index – By Animal Type, By Product Type, By Route of Administration, By Distribution Channel, and Country, 2018 – 2024
14.7. MEA Farm Animal Healthcare Market Dynamics – Trends

15. Competition Landscape
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Drug & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Alltech Inc. (U.S.)
15.2.2. Boehringer Ingelheim GmbH (Germany)
15.2.3. Zoetis, Inc. (Pfizer) (U.S)
15.2.4. Virbac AH Inc. (France)
15.2.5. Elanco (Eli Lilly and Co.) (U.S.)
15.2.6. Bayer HealthCare LLC, (Bayer AG) (Germany)
15.2.7. Merck Animal Health (Merck & Co. Inc.) (U.S.)
15.2.8. Dechra Pharmaceuticals (U.K.)
15.2.9. Ceva Sante Animale S.A. (France)

16. Research Methodology

17. Key Assumptions and Acronyms


Report

Company Profile

  • Alltech Inc. (U.S.)
  • Boehringer Ingelheim GmbH (Germany)
  • Zoetis, Inc. (Pfizer) (U.S)
  • Virbac AH Inc. (France)
  • Elanco (Eli Lilly and Co.) (U.S.)
  • Bayer AG (Germany)
  • Merck Animal Health (Merck & co. Inc.) (U.S.)
  • Dechra Pharmaceuticals (U.K.)
  • Ceva Sante Animale S.A. (France)

Description

Farm animals are the domesticated animals adopted for the production of milk and meat products. Generally adopted farm animals include cattle, poultry, aqua, swine, and sheep among others. The various diseases occur to farm animals include foodborne diseases, parasitic diseases; infectious diseases are due to the lack of nutrition fortified feed. Vaccines are commonly administered to the farm animals for the prevention of diseases and improve the immunity of the Farm Animal Healthcare Market. The farm animal healthcare market is in the developing stage with several local and international players are actively engaged in the development of veterinary vaccines, feed, and other pharmaceutical formulations to treat various diseases. Increasing the preference of healthy meat and dairy products and pet owners focus on the high production of meat and dairy products might fuel the farm animal healthcare market. Most of the companies focus on the research and development activities, product launchings, acquisitions and merging, and collaborating with competitors for increasing their product portfolio and share in the market. For instance, in November 2015, Zoetis acquired PharmaQ for the development and innovation of new vaccines in the aquaculture. In addition, in November 2014, Merck Animal Health launched Finadyne, a transdermal non-steroidal anti-inflammatory drug for cattle. Similarly, in September 2015, Ceva Sante Animale launched a vaccine in Europe to prevent Mycoplasma hyponeumoniae which causes respiratory disease in swine.

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