Indonesia Animal Health Market | Indonesia Animal Health Industry: Ken

the animal health market It is one of the most prosperous markets in Indonesia. With the effective growth of links between animal health and human health as well as safety, the concept of animal health specifically farm animals has gained more importance. Tendant aspects of customer requirements for security and healthy food combined with increasing government pressure to build newer animal health management systems have also increased the demand for farm and animal health products in the industry. The animal health market in Indonesia showed modest growth during the review period. The animal health market in Indonesia is expected to develop.

Although in Ken Research, the Indonesia animal health market Transfer It offers a comprehensive analysis of the animal health market in Indonesia which includes countless factors such as market size of animal health market, pharmaceuticals, segmentation by animal feed additives, vaccines and on the basis of species. The report also provides the competitive landscape and profile of the major players operating in the animal health market in Indonesia.

The main players working in Animal feed additives market in Indonesia Featuring global players like Zoetis, Elanco, and others. Apart from these global players, several local players are strongly involved in the market, which includes PT Charoen Pokphand Indonesia Tbk and Pt Japfa Compfeed Indonesia Tbk among others in the animal feed additives market.

the animal medicine market in indonesia It is considered one of the markets in the world that has huge potential for growth in the near future. During 2009-2014, the entire market revenue from pharmaceuticals grew at a compound annual growth rate of 5.4% to reach US$1 million during 2014. The growing demand for animal products in Indonesia will continue to boost due to the increased requirements for proper care and treatment of animals. The animal pharmaceutical industry is expected to take advantage of opportunities in terms of new legislation for animal pharmaceuticals.

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It is estimated that the animal pharmaceuticals market will grow at a compound annual growth rate of 10.3% in 2014-2019 and reach US$1 million during 2019.

The market is mainly driven by the marked rise in the demand for protein food and the increasing incidence of zoonotic and foodborne diseases across the globe. This unprecedented growth in the spread of diseases has prompted companies to introduce advanced vaccines and medicines. The higher requirements have also led to a subsequent growth in the number of companies making reliable efforts to control the contamination risks of foodborne pathogens and diseases, thus contributing to the growth of the market. In addition, the increasing number of government initiatives to encourage animal health products should drive the entire market.

Not only that, due to the effective growth in the number of awareness and the increase in the number of animals living with different types of diseases, it is estimated that spending on vaccination of animals (farm animals and companion animals) will increase the market to the US dollar. ~Million in 2019.

For more information about the research report, please refer to the links below:-

animal medicine market in indonesia

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Latin America Animal Health Care Market Outlook to 2016 – Demand for dairy and meat products drives the veterinary health market

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