Animal health market in North America 2024-2028

Description

List of Tables

The animal health market in North America is forecasted to grow by USD 4.08 bn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the animal health market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in animal and pet ownership, rising prevalence of diseases in animals, and rise in incidence of zoonotic diseases.

Technavio's animal health market in North America is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.11%
CAGR	4.36%
Incremental Value	$4.08bn

By Animal Type

Livestock
Companion animals

By Product

Pharmaceutical
Feed additive
Biologicals

By Geographical Landscape

North America

This study identifies the rising awareness regarding animals intestinal health as one of the prime reasons driving the animal health market in North America growth during the next few years. Also, growing focus on innovation in animal health and rising expenditure on animal health will lead to sizable demand in the market.

The report on the animal health market in North America covers the following areas:

Animal health market in North America sizing
Animal health market in North America forecast
Animal health market in North America industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading animal health market in North America vendors that include American Animal Health Inc., Alltech Inc., Bimeda Holdings Ltd., Boehringer Ingelheim International GmbH, Ceva Sante Animale, Eco Animal Health Group PLC, Elanco Animal Health Inc., Huvepharma EOOD, Mars Inc., Merck and Co. Inc., PATTERSON COMPANIES, INC., Phibro Animal Health Corp., Thermo Fisher Scientific Inc., Vetio, Virbac SA, and Zoetis Inc.. Also, the animal health market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76357

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Animal Type
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
- Chart on North America: Year-over-year growth 2023-2028 (%)
- Data Table on Regional - Market size and forecast 2023-2028 ($ billion)

4 Historic Market Size

4.1 Animal Health Market in North America 2018 - 2022
- Historic Market Size - Data Table on Animal Health Market in North America 2018 - 2022 ($ billion)
4.2 Animal Type segment analysis 2018 - 2022
- Historic Market Size - Animal Type Segment 2018 - 2022 ($ billion)
4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Animal Type

6.1 Market segments
- Chart on Animal Type - Market share 2023-2028 (%)
- Data Table on Animal Type - Market share 2023-2028 (%)
6.2 Comparison by Animal Type
- Chart on Comparison by Animal Type
- Data Table on Comparison by Animal Type
6.3 Livestock - Market size and forecast 2023-2028
- Chart on Livestock - Market size and forecast 2023-2028 ($ billion)
- Data Table on Livestock - Market size and forecast 2023-2028 ($ billion)
- Chart on Livestock - Year-over-year growth 2023-2028 (%)
- Data Table on Livestock - Year-over-year growth 2023-2028 (%)
6.4 Companion animals - Market size and forecast 2023-2028
- Chart on Companion animals - Market size and forecast 2023-2028 ($ billion)
- Data Table on Companion animals - Market size and forecast 2023-2028 ($ billion)
- Chart on Companion animals - Year-over-year growth 2023-2028 (%)
- Data Table on Companion animals - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Animal Type
- Market opportunity by Animal Type ($ billion)
- Data Table on Market opportunity by Animal Type ($ billion)

7 Market Segmentation by Product

7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
7.3 Pharmaceutical - Market size and forecast 2023-2028
- Chart on Pharmaceutical - Market size and forecast 2023-2028 ($ billion)
- Data Table on Pharmaceutical - Market size and forecast 2023-2028 ($ billion)
- Chart on Pharmaceutical - Year-over-year growth 2023-2028 (%)
- Data Table on Pharmaceutical - Year-over-year growth 2023-2028 (%)
7.4 Feed additive - Market size and forecast 2023-2028
- Chart on Feed additive - Market size and forecast 2023-2028 ($ billion)
- Data Table on Feed additive - Market size and forecast 2023-2028 ($ billion)
- Chart on Feed additive - Year-over-year growth 2023-2028 (%)
- Data Table on Feed additive - Year-over-year growth 2023-2028 (%)
7.5 Biologicals - Market size and forecast 2023-2028
- Chart on Biologicals - Market size and forecast 2023-2028 ($ billion)
- Data Table on Biologicals - Market size and forecast 2023-2028 ($ billion)
- Chart on Biologicals - Year-over-year growth 2023-2028 (%)
- Data Table on Biologicals - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape - 2023-2028 (%)
- Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Mexico - Market size and forecast 2023-2028
- Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
- Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
- Chart on Mexico - Year-over-year growth 2023-2028 (%)
- Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Table on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 American Animal Health Inc.
- American Animal Health Inc. - Overview
- American Animal Health Inc. - Product / Service
- American Animal Health Inc. - Key offerings
12.4 Alltech Inc.
- Alltech Inc. - Overview
- Alltech Inc. - Product / Service
- Alltech Inc. - Key news
- Alltech Inc. - Key offerings
12.5 Bimeda Holdings Ltd.
- Bimeda Holdings Ltd. - Overview
- Bimeda Holdings Ltd. - Product / Service
- Bimeda Holdings Ltd. - Key offerings
12.6 Boehringer Ingelheim International GmbH
- Boehringer Ingelheim International GmbH - Overview
- Boehringer Ingelheim International GmbH - Product / Service
- Boehringer Ingelheim International GmbH - Key news
- Boehringer Ingelheim International GmbH - Key offerings
12.7 Ceva Sante Animale
- Ceva Sante Animale - Overview
- Ceva Sante Animale - Product / Service
- Ceva Sante Animale - Key offerings
12.8 Eco Animal Health Group Plc
- Eco Animal Health Group Plc - Overview
- Eco Animal Health Group Plc - Product / Service
- Eco Animal Health Group Plc - Key offerings
12.9 Elanco Animal Health Inc.
- Elanco Animal Health Inc. - Overview
- Elanco Animal Health Inc. - Product / Service
- Elanco Animal Health Inc. - Key offerings
12.10 Huvepharma EOOD
- Huvepharma EOOD - Overview
- Huvepharma EOOD - Product / Service
- Huvepharma EOOD - Key offerings
12.11 Mars Inc.
- Mars Inc. - Overview
- Mars Inc. - Product / Service
- Mars Inc. - Key news
- Mars Inc. - Key offerings
12.12 Merck and Co. Inc.
- Merck and Co. Inc. - Overview
- Merck and Co. Inc. - Business segments
- Merck and Co. Inc. - Key news
- Merck and Co. Inc. - Key offerings
- Merck and Co. Inc. - Segment focus
12.13 PATTERSON COMPANIES, INC.
- PATTERSON COMPANIES, INC. - Overview
- PATTERSON COMPANIES, INC. - Business segments
- PATTERSON COMPANIES, INC. - Key offerings
- PATTERSON COMPANIES, INC. - Segment focus
12.14 Phibro Animal Health Corp.
- Phibro Animal Health Corp. - Overview
- Phibro Animal Health Corp. - Business segments
- Phibro Animal Health Corp. - Key news
- Phibro Animal Health Corp. - Key offerings
- Phibro Animal Health Corp. - Segment focus
12.15 Thermo Fisher Scientific Inc.
- Thermo Fisher Scientific Inc. - Overview
- Thermo Fisher Scientific Inc. - Business segments
- Thermo Fisher Scientific Inc. - Key news
- Thermo Fisher Scientific Inc. - Key offerings
- Thermo Fisher Scientific Inc. - Segment focus
12.16 Virbac SA
- Virbac SA - Overview
- Virbac SA - Business segments
- Virbac SA - Key offerings
- Virbac SA - Segment focus
12.17 Zoetis Inc.
- Zoetis Inc. - Overview
- Zoetis Inc. - Business segments
- Zoetis Inc. - Key news
- Zoetis Inc. - Key offerings
- Zoetis Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations