According to the report, Rising Awareness About Deficiency of Mineral Nutrients in Horses is one of the primary growth factors for the market. A Rise in Demand for Herbal Equine Supplements
is also expected to contribute significantly to the Equine Supplement Products market. Overall, Cow
applications of Equine Supplement Products, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Veterinary Hospital, is boosting the Equine Supplement Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End Use, such as Performance, is boosting the Equine Supplement Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Equine Supplement Products market identified that the demand is rising in many different parts of the world as "A Surge in Government Initiatives
". Furthermore, some recent industry insights like "In April 2019, Kentucky Equine Research had launched Bio Bloom PS into its KERx special needs nutrition line of supplements to expand its product portfolio in the equine health product category. However, the market is likely to be restrained by limited awareness about fraudulent equine supplements in the market., In December 2018, Hagyard Pharmacy had launched REVYVE, a pre-and probiotic to maintain gastrointestinal (GI) health of horses, expanding its product portfolio for equine health supplements. and In June 2017, Purina Animal Nutrition LLC. Had launched horse feed product line including Outlast Gastric Support Supplement and equine health supplements, Race Ready GT, and Ultium Gastric Care to expand its product portfolio for gastrointestinal health of the horses." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Equine Supplement Products market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Equine Supplement Products market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.