Global Animal Health Biotechnology - Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
"Animal
Health Biotechnology Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Animal
Health Biotechnology Market: Overview
Biotechnology utilized in animal healthcare dates
back to 19th century when the first vaccines were prepared for its
use in animals. Considerable progress in the animal health
biotechnology took place recently when biotechnology applications
were utilized in both detecting and treating various infectious and
parasitic diseases of animals. This has led to the development of a
range of applications and procedures, which will benefit both
domestic and wild animals. This will also improve the health of
various companion animals, help in improving sporting animals’
performance and the productivity of farm animals. However, the
globalised trade in live animals, animal products, and their feeds is
leading to a continuously increasing threat of infectious diseases
worldwide. Thus, to prevent the spread of infectious diseases, the
World Organization for Animal Health (OIE) emphasizes the importance
of very rapid, accurate, highly specific and sensitive detection and
identification of infectious agents; and prompt and effective control
of those diseases.
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Animal
Health Biotechnology Market: Current Outlook
Presently, various reagents and diagnostic
techniques have been developed, which are more specific, sensitive,
rapid, reproducible and robust that have been updated through recent
discoveries in biochemistry, immunology and molecular biology
(monoclonal antibodies, nucleic probes, DNA amplification and
others). The development of new vaccines, such as subunit vaccines,
synthetic vaccines, recombinant vaccines and anti-idiotype vaccines,
which combine efficacy, innocuity, duration of protection, ease of
use, stability and multivalence. The availability of new
anti-parasitic and anti-infective agents and immunomodulatory
therapeutic agents specifies that biotechnology is continuing to find
new applications in the field of animal health. These new vaccines,
diagnostic techniques, and therapeutic substances will add to the
knowledge, which, in future, will extend to the development of
transgenic animals with improved genetic potential and will be more
disease resistant and more productive at the same time. Thus, the
most important objective of animal health biotechnology is to serve
human healthcare as well as its environment at the same time.
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Animal Health
Biotechnology Market: Drivers
Major factors that will drive the demand from this
market mainly includes advancements in cloning and development of
transgenic animals, favorable government approval scenarios, and
increasing research and development from major firms across the
globe. Development of various transgenic animals and cloning will add
to the animal’s ability to fight diseases and at the same time it
will benefit the human society and environment. This will increase
the demand for these animals; hence will contribute towards the
growth of animal health biotechnology market in the future. Favorable
government policies as well as supportive approval agencies will
further help in the growth of this market in future. Major firms
across geographies are conducting extensive R&D, which will add
to the development of advanced vaccines, therapeutics as well as
transgenic animals, will add to the growth of this market in future.
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Animal Health
Biotechnology Market: Regional Dynamics
Geographically, North America and Europe is
expected to dominate the Animal Health Biotechnology market. Major
factors that will be responsible for their growth in this market can
be high awareness levels of the population about cloning, transgenic
products etc. and high investment in research and development
activities from both public and private firms in these regions.
Asia-Pacific region is also expected to show a rapid growth in this
market due to availability of huge livestock population as well as
dependency of various regions on animals for their daily activities.
Some of the major players operating in the animal health
biotechnology market are Bayer AG, Merck & Co., Inc., Pfizer,
Inc., Sanofi, and Santa Cruz Biotechnology, Inc.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
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The study is a source
of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
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The regional analysis
covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
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Highlights of the
report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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Note: Although
care has been taken to maintain the highest levels of accuracy in
TMR’s reports, recent market/vendor-specific changes may take time
to reflect in the analysis.
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