The rising awareness of pork transmitted diseases is a key factor driving the global “swine healthcare market”, says Fortune Business Insights in a report, titled “Swine Healthcare Market Size, Share & Industry Analysis, By Product Type (Vaccines, Antibiotics, Parasiticides, Feed Additives, Others), By Application (Parasitic diseases, Viral diseases, Nutrition deficiencies, Poisoning, Others), By Distribution Channel (Veterinary Hospitals, Retail Pharmacy, Online Pharmacy) and Regional Forecast, 2019-2026.” The increasing adoption of swine healthcare products is expected to accelerate the growth of the global swine healthcare market.
As per the report, the increasing prevalence of diseases such as swine flu, classical fever(CSF), salmonella, mycoplasma hyopneumoniae is expected to contribute positively to the swine healthcare market.
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Leading Players operating in the Swine Healthcare Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Orion Pharma
- Norbrook Laboratories, Ltd.
- Bayer Animal Health, Zoetis Inc.
- Phibro Animal Health
- Dechra Pharmaceuticals PLC
- Neogen Co
- Bimeda, Inc.
- and other players.
Rising Consumption of Pork Will Aid Growth
The increasing demand for poultry and swine products is expected to aid the growth of the global swine healthcare market. The rising concern for animal health and welfare is predicted to further enable the growth of the market during the forecast period. The surge in pork consumption in emerging nations will also contribute positively to the market. Further, the rising awareness of pork transmitted diseases will fuel demand for swine healthcare products. The increasing initiatives from government agencies towards swine health maintenance is predicted to boost the swine healthcare market revenue.
Furthermore, FDA approval for EnroMed™ 100 drug is predicted to facilitate the growth of market. For instance, Bimeda Animal Health received U.S FDA approval for the company’s EnroMed 100™ drug which will be used for swine suffering from respiratory diseases.
Swine Healthcare Market Segmentation:
By Product Type
- Feed Additives
- Parasitic diseases
- Viral diseases
- Nutrition deficiencies
By Distribution Channel
- Veterinary Hospitals
- Retail Pharmacy
- Online Pharmacy
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Reasons to Purchase this Report:
- Comprehensive analysis of the Swine Healthcare Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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KEY QUESTIONS ANSWERED:
- What are the key technological and Swine Healthcare Market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
- Why Choose Fortune Business Insights?
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Swine Healthcare Market growth?
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