Asia-Pacific Animal Health Market - Forecast to 2021 - Key Vendors are Bayer AG, Cargill & Eli Lilly and Company - Research and Markets

Research and Markets has announced the addition of the "Asia-Pacific Animal Health Market by Product, Antimicrobial & Antibiotic, Vaccines, Feed Additive, Animal - Forecast to 2021" report to their offering.

The APAC animal health market is estimated to grow at a CAGR of 5.7% during the forecast period, to reach USD 20.25 billion by 2021 from USD 15.32 billion in 2016.

Growth in this market can primarily be attributed to the rapid rise in livestock population, increasing awareness about animal health, rising demand for animal-derived food products, and rising frequency of animal disease outbreaks. However, restrictions on the use of parasiticides in food-producing animals, the shift towards vegetarian diets, and rising vaccine storage costs are restraining the growth of this market to a certain extent.

Geographically, the APAC animal health market segmented into China, Japan, India, and the Rest of APAC. In 2015, China accounted for the largest share of the APAC animal health market. This regional segment is expected to register the highest growth rate followed by India. This growth can be attributed to the large livestock population in these countries, increased frequency of the occurrence of animal diseases, rising demand for animal-derived food products, and growing awareness about animal health and welfare.

Companies Mentioned:

• Bayer AG
• Boehringer Ingelheim GmbH
• Cargill, Inc.
• Ceva Sante Animale
• Eli Lilly and Company
• Merck & Co., Inc.
• Sanofi
• Vetoquinol S.A.
• Virbac
• Zoetis, Inc.
  

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Regulatory Analysis

6 Market Overview

7 Asia-Pacific Animal Health Market, By Product

8 Asia-Pacific Animal Health Market, By Type of Animal

9 Asia-Pacific Animal Health Market, By Country

10 Competitive Landscape

11 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/qdgbp6/asiapacific

View source version on businesswire.com: http://www.businesswire.com/news/home/20161028005497/en/