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Veterinary Pharmaceuticals Global Market Report 2021 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2015-2020, and the forecast period – 2021-2025, with additional forecasts for 2025-2030. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the veterinary pharmaceuticals industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected veterinary pharmaceuticals market growth numbers from 2021-2030.
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The global veterinary pharmaceuticals market is expected to decline from $14.80 billion in 2019 to $13.10 billion in 2020 at a compound annual growth rate (CAGR) of -11.6%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. COVID-19 pandemic is affecting industries across the globe including the animal sector. The restrictions on non-essential medical services coupled with slowed production of veterinary pharmaceuticals due to extended factory closures in various countries, shortage of APIs and other chemicals, and rise in prices of key ingredients are the key factors for this decline. The market is then expected to recover and grow at a CAGR of 7.5% from 2021 and reach $19.70 billion in 2023.
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The Veterinary Pharmaceuticals Global Market Report 2020-30 by The Business Research Company evaluates veterinary pharmaceuticals market size, growth rate, drivers, veterinary pharmaceuticals industry trends, and major companies.
The veterinary pharmaceuticals market segments in the report are:
1) By Type: Veterinary Vaccines, Veterinary Antibiotics, Veterinary Parasiticides, Others.
2) By End User: Veterinary Hospitals, Veterinary Clinics, Pharmacies And Drug Stores.
3) By Route Of Administration: Oral, Others (Parental, Topical).
4) By Animal Type: Companion Animals, Livestock Animals.
5) By Vaccines: Inactivated Vaccines, Attenuated Vaccines, Recombinant Vaccines.
The table of contents in TBRC’s veterinary pharmaceuticals market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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