Animal Medicine Market Forecast 2021-2030 Growth Drivers, Regional Outlook

The Lecithin Market is anticipated to reach over USD 1,605 million by 2026 according to a new research published by Polaris Market Research.

In 2017, the soy segment dominated the global market, in terms of revenue.

Europe was the leading contributor to the global market revenue in 2017.

A significant increase in awareness regarding healthy diet, changing lifestyles, and health benefits offered by Lecithin drive the growth of the Lecithin Market.

Other driving factors include growing inclination towards use of naturally sourced products, and increasing use of Lecithin in medicinal and pharmaceutical applications.

Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific further fuels the growth of the Lecithin market.

A majority of the developed economies have norms that impel owners to have pet insurance.On the basis of animal type, the animal treatment market is segmented into dogs, cats, pigs, poultry, cattle, and horses.

The poultry segment will receive maximum veterinary care in the coming years.

Chickens having underlying conditions were discarded without providing any veterinary treatment.

However, with various animal cruelty acts in place, the mortality rate in poultry has decreased.Animal Treatment MarketBased on the type of treatment, the animal treatment market is segmented into no medicalization, basic medicalization, and veterinary care.

There has been a considerable decline in the percentage of animals receiving no medicalization, due to the rising awareness regarding the availability of reimbursement for veterinary services.

As a result, owners have started prioritizing the health of their companion animals.The market in Europe is expected to witness significant growth during the forecast period.

The Business Research Company’s latest report Animal Food Global Market Report 2020 covers Animal Food market drivers, Animal Food market trends, Animal Food market segments, Animal Food market growth rate, Animal Food market major players, and Animal Food market size.

The report provides in-depth analysis of the impact of COVID-19 on the Animal Food industry, along with revised market numbers due to the effects of the coronavirus.View Complete Report:https://www.thebusinessresearchcompany.com/report/animal-food-global-market-report-2020-30-covid-19-impact-and-recoveryAnimal Food Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.

The chapter also covers markets which have been positively affected by the pandemic.Request for the sample now:https://www.thebusinessresearchcompany.com/sample.aspx?id=2053=smpThe global animal food market is expected to grow from $231.8 billion in 2019 to $239.8 billion in 2020 at a compound annual growth rate (CAGR) of 3.5%.

The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.

The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $299.8 billion in 2023.

Apr 02, 2019 (Heraldkeeper via COMTEX) -- Market Analysis:

With growing concern on Animal Nutrition, the feed yeast market is growing at an incremental pace of development on the global stage.

In addition to the increasing adoption of pet animals, growing awareness about the livestock health, rising concern on animal nutrition leading to growing demand for healthy meat and other livestock products and increasing compound feed consumption is expected to drive the feed yeast market.

Also, increased awareness of feed yeast due to regulations on antibiotic growth promoters, strong performance of livestock market along with low cost of feed yeast will result in surge in demand of feed yeast.

However, stringent regulatory framework for the livestock feed products, limited awareness and product availability in undeveloped regions, and environmental concern such as storage conditions will restrict the market growth.

The market players are responding to these new opportunities by expanding their service offerings/product lines, which has fueled up the share of feed yeast in the global market.

TheBusinessResearchCompany published its Agriculture Global Market Report 2019, which provides strategists, marketers and senior management with the critical information they need to assess the global agriculture market.

The report covers the agriculture market’s segments- animal produce, crop production, rural activities milk, honey, meat, wool, egg, skin and hide, live animals, other animal produce grain farming, oilseed farming, fruit and nut farming, vegetable farming, general crop farming, greenhouse, nursery, and flowers, fishing, hunting and trapping, forestry and logging, agriculture and forestry support activities.Explore Complete Report https://www.thebusinessresearchcompany.com/report/agriculture-global-market-reportAgriculture Global Market Report 2019 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 50+ geographies.

The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.

It covers all the regions, key developed countries, and major emerging markets.

The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=1858=smpThe shortage of labor and increasing demand for advanced agriculture tools in many countries is driving the demand for agriculture robots or agribots.

Agriculture Market Competitive LandscapeChapter 21.