Animal healthcare products, which includes vaccines, antibiotics and medical feed, are used to provide a quality life to food producing and pet animals. Food producing animals include cattle, poultry, ship and fish, which provide protein via meat and dairy. Pet animals, such as dogs, cats and horses, are tamed animals kept for company or protection. In terms of end-users, the food producing animals dominates the animal healthcare market.
Growing demand for safe meat and dairy products and growing concern of healthy pets are some of the major drivers of animal healthcare market. Also increasing awareness and occurrence of ‘zoonotic’ diseases (that can be transmitted from animals to humans) is escalating the demand of the animal healthcare products. Animal healthcare market is dominated by North America and Europe and other emerging countries are China, India and Brazil. Some of the major companies operating in the animal healthcare market are Pfizer, Sanofi, Merck, Schering-Plough and Bayer AG.
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