Flavored Veterinary Medication Market (By Types - Meat Flavored, Fish Flavored, Cheese Flavored, Chocolate Flavored, Market By Application - Cats, Dogs, Birds, Small Animal Reptiles, Horses) - Global Industry Size, Share, Trends, and Forecast, 2018 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 0

Introduction

Flavored veterinary medications are the medicines which are available in different flavors for the diagnosis, treatment and prevention of diseases in animals or birds. Sometimes, due the bad taste of medicine pets does not take medication properly to overcome this flavored medication has introduced which mask the smell of the medicines and make them consumable. According to the American Pet Products Association, in 2017, the total expenditure in the pet medication industry expected to be $69.36 billion.

Market Dynamics

Technological advancement & innovation, increasing demand of flavored medication by pet owners, increasing pet health awareness, are the major driving factor for the global flavored veterinary medication market. Additional, various benefits of the flavored veterinary medication has supported the market growth.  Increasing adoption of the pets and increasing government support for the veterinary sector, and low cost of the medicines among others has supported the growth of global flavored veterinary medication market.

 However, factor such as loss of appetite, allergic reaction is the barrier for the flavored veterinary medication market.

Market Classification and Overview

The global flavored veterinary medication market is segmented by type, application.

On the basis of the types, the flavored veterinary medication market is segmented into meat flavored (beef, chicken), fish flavored (tuna), cheese flavored, chocolate flavored, and others (tutti-frutti and butterscotch)

On the basis of the application, the flavored veterinary medication market is Cats, dogs, birds, small animal reptiles, Horses, and others

Regional Overview

Geographically, the global flavored veterinary medication market is segmented into North America, Europe, Asia Pacific, and the Latin America and the Middle East & Africa (LAMEA).

North America dominates the global flavored veterinary medication market. In U.S. most of the families are keeping pets and treating them as members of the family which in turns supported the growth of the market. Additionally, according to the American Pet Products Association expected expenditure in the U.S. veterinary medication industry to be $69.36 billion in 2017. Increasing government support, increasing spending power of the people and development in the veterinary medicines has supported the growth of the market of North America.

Europe and Asia Pacific market are expected to expand at a constant pace during the forecast period. Rising initiatives towards animal healthcare and increasing adoption of medicated feed additives for livestock companions are some of the factors prompting the demand for veterinary drug in near future. Due to the livestock companion diseases are increasing burden which leads to an increase in animal healthcare expenditure, ultimate driven the market growth.

Latin America and the Middle East & Africa holds the least share of the market owing to the poor healthcare infrastructure, limited availability of funds, and low healthcare spending, especially in African countries. However, in the near future, the region is expecting a sound growth in this region.

Report Coverage

Market

Flavored Veterinary Medication Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

 Type, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Some of the key players in the global market are

  • Elanco Animal Health
  • Pet Flavors
  • Zoetis
  • Elanco
  • Novartis
  • Merck Animal Health
  • Merial
  • Virbac
  • Ceva
  • Vetoquinol
  • Wedgewood Pharmacy
  • Lee Silsby Compounding Pharmacy

Market Segmentation

Market By Types

  • Meat Flavored (Beef, Chicken)
  • Fish Flavored (Tuna)
  • Cheese Flavored
  • Chocolate Flavored
  • Others (Tutti-Frutti And Butterscotch)

Market By End Users

  • Cats
  • Dogs
  • Birds
  • Small Animal Reptiles
  •  Horses
  • Others

Market By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


Related Reports

Botulinum Toxin Market (By Product: Botulinum Toxin Type B, Botulinum Toxin Type A; By End Use: Therapeutics, Aesthetic) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

According to Acumen Research and Consulting, the global Botulinum Toxin market is expected to grow at noteworthy CAGR around 8 % throughout the forecast period and reach around US$ 7.5 billion by 2026. The imperative quality needs and fresh apps are sustaining competition in the worldwide industry of botulinum toxins. Most businesses invest in studies to identify fresh apps which c

Surgical Instrument Tracking Systems Market (By Product: Services, Software, Hardware; By Technology: RFID, Barcodes; By End Use: Hospitals, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global market of Surgical Instrument Tracking Systems is expected to grow at noteworthy CAGR around 18.6 % throughout the forecast period and reach around US$ 500 million by 2026. Surgical instruments have long been accessible for use in healthcare. Systems for the mo

Aesthetic Medicine Market (By Product: Implants, Anti-wrinkle Products [Dermal Fillers, Botulinum Toxin, Chemical Peel], Energy-based Devices [Aesthetic Laser Devices, Microdermabrasion Devices, Ultrasound Devices, Body Contouring Devices]; By End Use: Home Use, Clinics and Beauty Centers) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Aesthetic Medicine market is expected to grow at noteworthy CAGR around 8.5 % throughout the forecast period and reach around US$ 16.3 billion by 2026. Aesthetic Medicines is a clinical subspecialty and field for scientific research that includes all kinds of m

Viscosupplementation Market (By Application: Single Injection, Three Injection, Five Injection) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Viscosupplementation is a treatment that aids in diminishing joint agony and improves the practical state of the osteoarthritic joint. It includes the infusion of a thick liquid called hyaluronate into the knee. Hyaluronic corrosive is found in the gooey synovial liquid that greased up the ligament surfaces and shields the joint from stun. This corrosive is a versatil

Smart Home Healthcare Market (By Technology: Wired, Wireless; By Service: Installation and Repair, Renovation and Customization; By Application: Safety and Security Monitoring, Memory Aids, Nutrition or Diet Monitoring, Fall Prevention and Detection, Health Status Monitoring, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Smart home healthcare is intended to help in treatment determination, care in the home. It helps in improving the correspondence between the parental figures and healthcare suppliers. Also, numerous wellbeing conditions, particularly incessant illnesses, could be checked and treated in a home outfitted with fundamental smart home items. The global smar

Hyaluronic Acid Market (By Application: Dermal Fillers, Osteoarthritis [Single Injection, Three Injection, Five Injection], Ophthalmic, Vesicoureteral Reflux) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: The global hyaluronic acid market size is expected to reach 11.07 billion by the end of year 2026. The market is estimated to grow at a CAGR of 6.6% over the forecast period 2019 to 2026. Hyaluronic acid, otherwise called hyaluronan, is a reasonable, gooey substance that is normally delivered by your body. Its biggest measures are found in you

Cart Summary