The Animal Welfare Act was signed into law in 1966. It is the only Federal law in the United States that regulates the treatment of animals in research, exhibition, transport, and by dealers. Other laws, policies, and guidelines may include additional species coverage or specifications for animal care and use, but all refer to the Animal Welfare Act as the minimum acceptable standard. The Act is enforced by USDA, APHIS, and Animal Care
The article cited AMA's Global Animal Health Care Market Study explored substantial growth with CAGR of 4.6%. According the report, Increasing adoption of companion animals is one of the primary growth factors for the market. Rising prevalence of food-borne zoonotic
is also expected to contribute significantly to the Animal Health Care market. Overall, Veterinary Hospitals
applications of Animal Health Care, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Animal Health Care market identified that the demand is rising in many different parts of the world as "Increasing demand for protein rich diet such as milk, meat and eggs"
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 Animal Health Care market by 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 Animal Health Care market and other related sub-markets covered in the study.
o Key & emerging players in the Animal Health Care 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 Animal Health Care market size is calculated using market estimation process, the Animal Health Care 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 Global Animal Health Care market size has been validated using both top-down and bottom-up approaches.