Us animal health chemicals industry forecast to 2016
US Animal Health Chemicals IndustryForecast to 2016This study analyzes the US animal health chemical industry. It presents historical demand data for theyears 2001, 2006, and 2011, and forecasts for 2016 and 2021 by product (e.g., nutritional chemicals,parasiticides, vaccines, therapeutic antibiotics, systemic agents, growth promotants, diagnosticchemicals, disinfectants, and antifungal agents), by market, and by animal class (e.g., livestock andpoultry, companion animals). The study also examines the market environment, details industry structure,presents market share data, and profiles industry competitors.US demand to approach$13 billion in 2016US demand for animal health products is expected to rise 3.9 percent annually to almost $13 billion in2016. Gains in all product segments will be at least incrementally improved from those during therecession-impacted 2006-2011 period. Preventive care will remain a driving factor in sales of animalhealth products as owners of commercial and companion animals alike recognize the need to maintaingood health conditions for their animals. Commercial animals, including livestock and poultry, are largelyintended to enter the human food chain, making prevention and eradication of disease a vital ongoingconcern for both animal and human health. Furthermore, as pet owners increasingly treat theircompanion animals as members of the family, pets’ lifespans will continue to lengthen, driving strongsales of health products. http://www.reportsnreports.com/reports/224105-Buy a copy of this report @animal-health-chemicals-to-2016.htmlReport Details:Published: February 2013No. of Pages: 303Price: Single User License: US$5100 Corporate User License: US$7700Nutritional chemicals to see largest product gainsThe large nutritional chemical product segment will account for over two-fifths of the growth seen duringthe forecast period. The vitamins, minerals, amino acids, enzymes, and other products comprisingnutritional chemical demand will remain vital as feed additives and dietary supplements. Consumerinterest in natural products will continue to favorably impact the nutritional chemical segment as productssuch as herbs, amino acids, and other ingredients with a “more natural” profile are used to replaceantibiotics in animal feed. Banning of meat and bonemeal in livestock feed will aid demand for nutritionalchemicals as alternative ingredients. For companion and other animals, quality of life concerns willcontinue to support demand for nutritional chemicals used in pet food and in supplements. Preventive
health care will also continue to solidify its importance in animal husbandry and pet ownership, asproducts including parasiticides and vaccines see ongoing solid gains in demand. Among other animalhealth products, diagnostics will see above average increases in demand.Primary purchasers of animal health products include animal food manufacturers, farms, veterinarians,and households, with other entities also involved in purchase. Animal food manufacturers will continue tolead sales of health products, seeing steady gains through 2016. Use in animal feed will remain dominantdue to the sheer size of the US livestock and poultry population, while pet food use will continue to seefaster growth as pet owners demand superior quality food for their animals.Companion animal sales to register fastest growthBy animal, livestock and poultry will continue to account for the dominant share of animal health productsales through 2016. However, companion animal applications will remain the fastest growing and willcontinue to increase their share of demand. Ownership trends favoring higher spending on pet health --such as on preventive products including parasiticides, and on food and supplements featuring nutritionalchemical content -- on dogs, cats, and other pets will encourage ongoing above average sales gains.Smaller uses, in animals such as horses, account for the rest of animal health demand and will effectivelyremain a niche market.Company ProfilesCompany Profiles for 27 competitors in the US industry including Bayer, Merck, Merial, Novartis, andPfizerRequest a Sample of this report @http://www.reportsnreports.com/contacts/RequestSample.aspx?name=224105Contact firstname.lastname@example.org for further information.