MiddleEast & Africa Animal Healthcare Market, By Product Type(Anti-infective, Anti-inflammatory, Vaccines (FMD Vaccines, Rabies Vaccines,and Others), Hormones & Substitutes, and Others), By Animal Type (Livestock(Bovine, Porcine, Ovine, and Poultry), and Companion (Canine and Feline)), ByRoute of Administration (Oral and Parenteral), By Disease Indication (ViralDiseases, Bacterial Diseases, Fungal Diseases, and Others), By DistributionChannel (Veterinary Hospitals, Veterinary Clinics, Retail Pharmacies, andOnline Pharmacies), and By Region (Middle East and Africa), is estimated to bevalued at US$ 3,883.0 million in 2020 and is expected to exhibit a CAGR of 5.2%during the forecast period (2020-2027), as highlighted in a new report publishedby Coherent Market Insights.
Key players in the market arefocusing on launch of animal healthcare products, which is expected to supportgrowth of the market. For instance, in August 2017, Boehringer Ingelheimannounced the launch of Centragard, a transdermal solution for the treatmentand control of three of the most common intestinal parasites of cats such ashookworms, roundworms, and tapeworms.
Similarly, in 2019, Bayer AnimalHealth announced the launch of Coraxis, a topical solution for dogs, for theprevention of heartworm disease and to control hookworms, roundworms, andwhipworms.
Middle East & Africa AnimalHealthcare Market – Impact of Coronavirus (Covid-19) Pandemic.
The Food and AgricultureOrganization of the United Nations provided guidelines to mitigate the impactof the COVID-19 pandemic on livestock production and animal health, whichincluded the following recommendations for the livestock farmers to prevent spreadof the coronavirus infection.
Communication with professionalservice providers such as milk collectors and suppliers of feed, andconsumables should be established to find solutions to secure supplies, inputs,and services
Communication through producercooperatives or farmers associations for obtaining necessary exemptions formobilization of animals, products, and personnel
Explore alternative saleschannels such as online sales, e-commerce, and direct sales, and usepoint-to-point transportation to deliver livestock and related products tobuyers
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The farmers should obtain latestinformation on the evolving COVID-19 situation from trusted sources such asradio programs provided by local governments, official news releases, livestockmarket officers, veterinary pharmacies, farmers associations, and others
Implementation of practicalbiosafety and biosecurity measures to prevent human contamination with COVID-19on the farm. These measures include:
Installation of footbaths andchanging the disinfectant frequently
A designated area should bemaintained for external visitors; visitor interactions with farm workers shouldbe restricted
Consultation with animal healthprofessionals to improve biosecurity and biosafety in the farm
Browse 75 Market Data Tables and44 Figures spread through 244 Pages and in-depth TOC on “Animal HealthcareMarket”- Middle East & Africa Forecast to 2027, By Product Type (Anti-infective, Anti-inflammatory,Vaccines (FMD Vaccines, Rabies Vaccines, and Others), Hormones & Substitutes,and Others), By Animal Type (Livestock (Bovine, Porcine, Ovine, and Poultry),and Companion (Canine and Feline)), By Route of Administration (Oral andParenteral), By Disease Indication (Viral Diseases, Bacterial Diseases, FungalDiseases, and Others), By Distribution Channel (Veterinary Hospitals,Veterinary Clinics, Retail Pharmacies, and Online Pharmacies), and By Region(Middle East and Africa)
Middle East & Africa animalhealthcare market is expected to witness significant growth due to theincreasing funding and investment through public-private collaborations. Forinstance, in October 2018, The African Livestock Productivity and HealthAdvancement (A.L.P.H.A.), in collaboration with Zoetis, received US$ 14.4 Mngrant from the Bill & Melinda Gates Foundation to improve animal health inthe region.
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Key Takeaways of the Middle East& Africa Animal Healthcare Market:
The Middle East & Africaanimal healthcare market is expected to exhibit a CAGR of 5.2% during theforecast period, owing to increasing product launches by market players. Forinstance, in May 2017, Ceva Santé Animale launched Cevac Ibird vaccine in Egyptfor active immunization of chicken from infectious bronchitis.
Among product type, the hormones& substitutes segment accounted for largest market share in 2019, owing toincreased rate of livestock farming. According to the Census of CommercialAgriculture report, South Africa, published on March 24, 2020, livestockfarming occupied the largest proportion of farms (33.9% of the total) in SouthAfrica in 2017.
Among animal type, livestocksegment accounted for the largest market share in 2019, owing to an increasingnumber of livestock animals in the Middle East and Africa. According to TheFood and Agricultural Organization of the United Nation report, in 2018, over80% of the global sheep and goat population was present in Africa, Middle East,and Asia.
Key players operating in theMiddle East & Africa animal healthcare market include Zoetis Inc., Elanco,Merck & Co., Inc., Boehringer Ingelheim GmbH, Ceva, Bayer AG, EvonikIndustries AG, and Archer Daniels Midland Company
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