Tuesday 27 October 2015, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Animal Health Market in North America: Bayer, Elanco, Merck, Merial and Zoetis
Other Prominent Vendors in the market are: Biogenesis Bago, Boehringer Ingelheim, Ceva Sante Animale, Heska, Lohmann Animal Health, Neogen, Novartis, Thermo Fisher, V?toquinol, and Virbac.
Commenting on the report, an analyst said: “Market leaders are increasing their investments in R&D to develop new animal feed and health products. Zoetis is focusing on R&D to broaden its product and vaccine range for various species worldwide. To reduce the transportation costs and increase their production efficiency, many vendors have kept their R&D facilities close to the manufacturing sites.”
According to the report, the increased consumption of animal products such as meat and milk is boosting market growth because it leads to higher demand for animal health products.
Further, the report states that vendors are facing challenges such as genetic erosion and regulatory pitfalls. While many new breeds have emerged, several have been lost because of the artificial breeding process.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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