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Animal Healthcare Market Predicted To Reach USD 41 Wholesale Chris Carson Jersey ,929.1 Mn By 2019
Posted by vinaylondhe1 on November 21st, 2017




Persistence Market Research Released New Market Report on “Global Market Study on Animal Healthcare: Feed Additives to Witness Highest Growth by 2019,” the global animal healthcare market was valued at USD 27,861.2 million in 2013 and is expected to grow at a CAGR of 7.1% from 2014 to 2019 Cheap Tedric Thompson Jersey , to reach an estimated value of USD 41,929.1 million in 2019.




Increasing population of companion and production animals is driving the global animal healthcare market. The animals that serve man by giving companionship and guarding their housesoffices are termed as companion animals, while those animals which serve mankind with their meat and milk and fur are called production animals.




The new types of diseases in animals and their transfer to humans via their product consumption and companionship are escalating the animal healthcare market globally. However, some challenges in the form of regulations have emerged against the excess use of antibiotics in production animals Cheap Nazair Jones Jersey , and legislations and protest of animal activists and institutions against animal research.




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The animal healthcare market is very competitive with the top ten players accounting for about three-fourth of the market. The companies are focusing on their research and development activities to produce better pharmaceutical and vaccine products for the existing and newly diagnosed diseases.