North America Animal Health Market to Grow at a CAGR of 3.75% by 2019: Radiant Insights

About animal health
Animal healthcare involves guarding, preserving, and preventing diseases in animals, and providing necessary veterinary services to enhance their quality of life, increase their lifespan, and increase their yield. Animal healthcare includes pharmaceuticals, feed additives, and biologicals. Animal pharmaceuticals include parasiticides, anti-infectives, tablets, and other pharmaceuticals. Animal medicinal feed additives improve the quality of food for the animal, thereby improving the health of the animal. Animal biologicals include vaccines, immunostimulants, allergens, bacterins, antibodies, antitoxins, diagnostics, toxoids, and antigenic and immunizing components of microorganisms. These products can be natural or synthetic in origin.

Technavio’s analysts forecast the animal health market in North America to grow at a CAGR of 3.75% over the period 2014-2019.

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Covered in this report
The report covers the current scenario and growth prospects of the animal health market in North America for the period of 2015-2019. To calculate the market size, the report considers revenue generated through sales of various veterinary healthcare products, including:

Medicinal feed additives

The market is divided into the following segments based on animal type:
Commercial animals
Companion animals

Technavio’s report, Animal Health Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America; it also covers the landscape of the animal health market in North America and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

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