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Insights on the Veterinary Dietary Supplements Global Market to 2027 - Launching New Products With Functional Ingredients Presents Opportunities - ResearchAndMarkets.com

Insights on the Veterinary Dietary Supplements Global Market to 2027 - Launching New Products With Functional Ingredients Presents Opportunities - ResearchAndMarkets.com

By AP News
Published - Nov 03, 2022, 06:14 AM ET
Last Updated - Jun 23, 2023, 08:53 PM EDT

DUBLINDUBLIN--(BUSINESS WIRE)--Nov 3, 2022--

The "Veterinary Dietary Supplements Market Research Report by Type, Distribution Channel, Animal Type, Dosage Form, Application, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Veterinary Dietary Supplements Market size was estimated at USD 1,759.77 million in 2021, USD 1,919.38 million in 2022, and is projected to grow at a CAGR of 9.24% to reach USD 2,991.67 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Veterinary Dietary Supplements Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Veterinary Dietary Supplements Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Veterinary Dietary Supplements Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Veterinary Dietary Supplements Market?
4. What is the competitive strategic window for opportunities in the Global Veterinary Dietary Supplements Market?
5. What are the technology trends and regulatory frameworks in the Global Veterinary Dietary Supplements Market?
6. What is the market share of the leading vendors in the Global Veterinary Dietary Supplements Market?
7. What modes and strategic moves are considered suitable for entering the Global Veterinary Dietary Supplements Market?

Market Dynamics

Drivers

  • Rapidly increasing diseases in livestock and companion animals
  • Rising animal population coupled with humanization
  • Increasing animal health expenses and pet ownership

Restraints

  • High price associated with animal healthcare

Opportunities

  • Launching new products with functional ingredients
  • Rapidly increasing R&D efforts in the animal industry
  • Exponential growth in e-commerce industry

Challenges

  • Potential side effects of supplements

Companies Mentioned

  • Ark Naturals Company
  • Bayer AG
  • Beaphar BV
  • Boehringer Ingelheim International GmbH
  • Canna Companion
  • Ceva Sante Animale S.A.
  • FoodScience
  • General Nutrition Centers, Inc.
  • Makers Nutrition, LLC
  • Neoterica GmbH
  • NOW Foods
  • Nutramax Laboratories, Inc.
  • Nutri-Pet Research, Inc.
  • Virbac Corporation
  • Wai Yuen Tong Medicine Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/psv4zn

View source version on businesswire.com:https://www.businesswire.com/news/home/20221103005720/en/

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KEYWORD:

INDUSTRY KEYWORD: VETERINARY HEALTH

SOURCE: Research and Markets

Copyright Business Wire 2022.

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