Scope of the Study
Poultry health care consists of feed additive medicines, vaccines, and drugs. It helps in the prevention and treatment of diseases in poultry animals such as geese, turkey, ducks and chicken. However, it is difficult to identify the sick poultry. It can be done by observing symptoms like lethargic, inactive, depressed and segregated from other flock. There has been increased consumption of poultry meat in developing countries which is boosting the market. According to the United States department of agriculture, United States poultry industry is the world’s largest producer and second largest exporter of poultry meat.
The market study is being classified by Type (Vaccines, Parasiticides, Anti-Infectives, Medicinal Feed Additives and Other Pharmaceuticals), by Application (Farm, House and Others) and major geographies with country level break-up.
Bayer AG (Bayer Animal Healthcare) (Germany), Bimeda Inc. (Ireland), Boehringer Ingelheim Animal Health (Germany), Ceva Animal Health, Inc. (United Kingdom), Eli Lilly and Company (Elanco Animal Health) (United States), Merck & Company, Inc. (United States), Sanofi SA (Merial Animal Health) (France), Virbac SA (France), Vetoquinol SA (France) and Zoetis, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are AffiniTech, Ltd. (United States), BioChek Smart Veterinary Diagnostics (Netherlands), Bioneer Corporation (Netherlands), IDvet (France), IDEXX Laboratories, Inc. (United States), MEGACOR Diagnostik GmbH (Germany) and QIAGEN (Germany).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Poultry Health market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Poultry Health market by Type, Application and Region.
On the basis of geography, the market of Poultry Health has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Adoption of Preventive Measures for Poultry Health
- Changing Lifestyle of the Consumers in Developing Economies
Market Trend
- Introduction of Advanced Diagnostics Method like Laboratory Based Genetic Testing
- Technological Developments in Vaccine Production
Restraints
- High Costs Associated with the Vaccines
- Stringent Government Regulations
Opportunities
- Growing Demand for Protein Rich Foods is Creating an Opportunity for Market
- Rising Number of Diseases in Poultry Flocks
Challenges
- High Competition Due to the Presence of Major Players
Market Leaders and their expansionary development strategies
In 2018, Bayer has acquired Monsanto business which brings together two strong and highly complementary business.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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