Global Cattle Healthcare  Market – Healthcare Products, Diagnostics, Genetics, Regions, Players - Market Size, Demand Forecasts, Industry Trends and Updates (2014- 2020)

Global Cattle Healthcare Market – Healthcare Products, Diagnostics, Genetics, Regions, Players - Market Size, Demand Forecasts, Industry Trends and Updates (2014- 2020)

  • November 2015 •
  • 105 pages •
  • Report ID: 3863025 •
  • Format: PDF
Healthy cattle are considered as the productive cattle. These cattle include domestic animal that are raised to produce food (including dairy products), as labour (to plough, pull carts, etc.) and for other activities.

Demand Forecast:
The global cattle healthcare market was $2.23 billion in 2014, and is estimated to reach $3.43 billion, at a CAGR of 7.41 % by 2020.

Drivers vs. Constraints:
Factors like rapid growth in population, urbanization, and increasing per capita income especially in emerging countries are driving the market. Added to this, regulations on food safety, increasing production of beef are also driving the market. Moreover, spreading of diseases through cattle is also emphasizing on the cattle healthcare
However factors like not having awareness on diseases, lack of incentives for professionals are restraining the market

Industry Structure

The industry is witnessing mergers and acquisitions of companies in the recent pact. In July 2015, EU has approved the acquisition of Elivia,France by Terrena and Dawn Meats. Major players in the industry include Zoetis, Elanco, Boehringher Ingelheim, Merck, Bayer, Heska Corporation, Bioniche animal health, Ceva, and others