North America Farm Animal Drugs Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Anti-Infective, Parasiticides, Anti-inflammatory, Anesthetics, Analgesics, Hormones and Related Product, and Others), Animal Type (Livestock Animal, and Equine), Route of Administration (Oral, Parenteral, Topical, and Others), Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies and Drug Stores, and Others)
The North America farm animal drugs market is expected to reach US$ 12,454.7 million by 2028 from US$ 7,848.8 million in 2021. The market is estimated to grow at a CAGR of 6.8% from 2021–2028.
Consumers are becoming increasingly aware and concerned about the welfare of animals raised for food. This has put pressure on suppliers to ensure that animals entering their systems are treated humanely. Measures are being taken for addressing such demand. Only one drug is approved in the US to control interdigital phlegmon (foot rot) pain in non-lactating cattle. Therefore, using medications for pain management in elective procedures, such as dehorning and castration, in cattle or analgesia in lactating dairy cows and pigs is considered an extra-label drug use. It is regulated as per the clarification on the use of veterinary drugs law. Flunixin, meloxicam, and ketoprofen are nonsteroidal anti-inflammatory drugs with supportive research on on-farm analgesia. Several products, such as local and regional anesthetics, opioids, and nonsteroidal anti-inflammatory drugs (NSAIDs), are available in the market to relieve pain in animals. Thus, such advancements are accelerating growth of the North America farm animal drugs market.
Some associations, such as the Canadian Cattlemen's Association, has called farmers to put cattle on maintenance rations rather than finishing rations to limit feedlot placements, coping with the closure of processing plants, and limited market capacities. Indeed, many farmers failed to obtain essential veterinary services, including routine health check-ins, drugs, vaccines, and testing and diagnostic tools. Thus, disease control of animals has become an additional challenge conflicting with animal welfare aspects. Unfortunately, the effect of COVID-19 on the activities related to animal healthcare is not restricted only on the farm-scale, but there are also national and international restrictions. The pandemic's impact on the livestock supply chain affected the local marketing process by reducing marketing opportunities, blocking of import/export activity, and lowering purchasing power, and consumers', demand (misconception regarding animal products safety and reduced consumers' income). All of these interruptions in the livestock supply chain put the producers (farmers) at risk of not being able to continue in the field. The limitation of movements and the disruption of national and international trade routes drive to a substantial decrease in vital livestock farming materials and facilities, such as feed materials, replacement stocks (e.g., day-old chicks, piglets, gilts, heifers, and semen straws), drugs and vaccines, feed additives, and other livestock farming inputs. Thus, Covid-19 has a negative impact on the market’s growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the farm animal drugs market. The North America farm animal drugs market is expected to grow at a good CAGR during the forecast period.
North America Farm animal drugs Market Revenue and Forecast to 2028 (US$ Million)
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North America Farm Animal Drugs Market Segmentation
By Product Type
- Anti-Infective
- Parasiticides
- Anti-inflammatory
- Anesthetics
- Analgesics
- Hormones and Related Products
- Others
By Animal Type
- Livestock Animal
- Equine
By Route of Administration
- Oral
- Parenteral
- Topical
- Others
By Distribution Channel
- Veterinary Hospitals
- Veterinary Clinics
- Pharmacies and Drug Stores
- Others
By Country
- North America
- US
- Canada
- Mexico
Companies Mentioned
- PHIBRO ANIMAL HEALTH CORPORATION
- Zoetis Inc.
- Ceva
- Elanco
- Virbac
- INTAS PHARMACEUTICALS LTD.
- Alembic Pharmaceuticals Limited
- Boehringer Ingelheim International GmbH
- MSD Animal Health
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Farm Animal Drugs Market – By Product Type
1.3.2 North America Farm Animal Drugs Market – By Animal Type
1.3.3 North America Farm Animal Drugs Market – By Route of Administration
1.3.4 North America Farm Animal Drugs Market – By Distribution Channel
1.3.5 North America Farm Animal Drugs Market – By Country
2. North America Farm Animal Drugs Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Farm Animal Drugs Market– Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.3 Expert Opinions
5. Farm Animal Drugs Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Use of Pain Management Drugs in Farm Animals
5.1.2 Rising Foodborne Diseases and Infections
5.1.3 Surging Demand for Quality Pharmaceuticals and Food Security
5.2 Market Restraints
5.2.1 Side Effects of Drugs in Animals
5.2.2 Strict Government Rules Related to Usage of Farm Animal Drugs
5.3 Market Opportunities
5.3.1 Growing Body of Research in Drug Development
5.3.2 Increasing Demand for Livestock from Emerging Economies
5.4 Future Trends
5.4.1 Rising Awareness of Diagnosis and Treatment of Variety of Infectious Diseases
5.5 Impact Analysis
6. Farm Animal Drugs Market – North America Analysis
6.1 North America Farm Animal Drugs Market Revenue Forecast and Analysis
7. Farm Animal Drugs Market Analysis – By Product Type
7.1 Overview
7.2 Farm Animal Drugs Market Revenue Share, by Product Type (2020 and 2028)
7.3 Anti-Infectives
7.3.1 Overview
7.3.2 Anti-Infectives: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Parasiticides
7.4.1 Overview
7.4.2 Parasiticides: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
7.4.2.1 Endo-parasiticides
7.4.2.1.1 Overview
7.4.2.1.2 Endo-parasiticides Market Revenue and Forecast to 2028 (US$ Million)
7.4.2.2 Ecto-parasiticides
7.4.2.2.1 Overview
7.4.2.2.2 Ecto-parasiticides Market Revenue and Forecast to 2028 (US$ Million)
7.4.2.3 Endectocides
7.4.2.3.1 Overview
7.4.2.3.2 Endectocides Market Revenue and Forecast to 2028 (US$ Million)
7.5 Anti-inflammatory
7.5.1 Overview
7.5.2 Anti-inflammatory: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Anesthetics
7.6.1 Overview
7.6.2 Anesthetics: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Analgesics
7.7.1 Overview
7.7.2 Analgesics: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Hormones and Related Products
7.8.1 Overview
7.8.2 Hormones and Related Product: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
8. Farm Animal Drugs Market Analysis – By Animal Type
8.1 Overview
8.2 Farm Animal Drugs Market Revenue Share, by Animal Type (2020 and 2028)
8.3 Livestock Animal
8.3.1 Overview
8.3.2 Livestock Animal: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
8.3.2.1 Ruminants
8.3.2.1.1 Overview
8.3.2.1.2 Ruminants Market Revenue and Forecast to 2028 (US$ Million)
8.3.2.2 Swine
8.3.2.2.1 Overview
8.3.2.2.2 Swine Market Revenue and Forecast to 2028 (US$ Million)
8.3.2.3 Poultry
8.3.2.3.1 Overview
8.3.2.3.2 Poultry Market Revenue and Forecast to 2028 (US$ Million)
8.4 Equine
8.4.1 Overview
8.4.2 Equine: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
9. Farm Animal Drugs Market Analysis – By Route of Administration
9.1 Overview
9.2 Farm Animal Drugs Market Revenue Share, by Route of Administration (2020 and 2028)
9.3 Oral
9.3.1 Overview
9.3.2 Oral: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Parenteral
9.4.1 Overview
9.4.2 Parenteral: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Topical
9.5.1 Overview
9.5.2 Topical: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
10. Farm Animal Drugs Market Analysis – By Distribution Channel
10.1 Overview
10.2 Farm Animal Drugs Market Share, by Distribution Channel, 2020 and 2028, (%)
10.3 Veterinary Hospitals
10.3.1 Overview
10.3.2 Veterinary Hospitals: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Veterinary Clinics
10.4.1 Overview
10.4.2 Veterinary Clinics: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Pharmacies and Drug Stores
10.5.1 Overview
10.5.2 Pharmacies and Drug Stores: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
11. North America Farm Animal Drugs Market – Geographic Analysis
11.1 North America: Farm Animal Drugs Market
11.1.1 Overview
11.1.2 North America: Farm Animal Drugs Market, by Country, 2021 & 2028 (%)
11.1.2.1 US: Farm Animal Drugs Market– Revenue and Forecast to 2028 (USD Million)
11.1.2.1.1 US: Farm Animal Drugs Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.1.2 US: Farm Animal Drugs Market, by Product Type, 2019–2028 (USD Million)
11.1.2.1.2.1 US: Farm Animal Drugs Market, by Parasiticides, 2019–2028 (USD Million)
11.1.2.1.3 US: Farm Animal Drugs Market, by Animal Type, 2019–2028 (USD Million)
11.1.2.1.3.1 US: Farm Animal Drugs Market, by Livestock Animal, 2019–2028 (USD Million)
11.1.2.1.4 US: Farm Animal Drugs Market, by Route of Administration, 2019–2028 (USD Million)
11.1.2.1.5 US: Farm Animal Drugs Market, by Distribution Channel, 2019–2028 (USD Million)
11.1.2.2 Canada: Farm Animal Drugs Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.2.1 Canada: Farm Animal Drugs Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.2.2 Canada: Farm Animal Drugs Market, by Product Type, 2019–2028 (USD Million)
11.1.2.2.2.1 Canada: Farm Animal Drugs Market, by Parasiticides, 2019–2028 (USD Million)
11.1.2.2.3 Canada: Farm Animal Drugs Market, by Animal Type, 2019–2028 (USD Million)
11.1.2.2.3.1 Canada: Farm Animal Drugs Market, by Livestock Animal, 2019–2028 (USD Million)
11.1.2.2.4 Canada: Farm Animal Drugs Market, by Route of Administration, 2019–2028 (USD Million)
11.1.2.2.5 Canada: Farm Animal Drugs Market, by Distribution Channel, 2019–2028 (USD Million)
11.1.2.3 Mexico: Farm Animal Drugs Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.3.1 Mexico: Farm Animal Drugs Market – Revenue and Forecast to 2028 (USD Million)
11.1.2.3.2 Mexico: Farm Animal Drugs Market, by Product Type – 2019–2028 (USD Million)
11.1.2.3.2.1 Mexico: Farm Animal Drugs Market, by Parasiticides, 2019–2028 (USD Million)
11.1.2.3.3 Mexico: Farm Animal Drugs Market, by Animal Type, 2019–2028 (USD Million)
11.1.2.3.3.1 Mexico: Farm Animal Drugs Market, by Livestock Animal, 2019–2028 (USD Million)
11.1.2.3.4 Mexico: Farm Animal Drugs Market, by Route of Administration, 2019–2028 (USD Million)
11.1.2.3.5 Mexico: Farm Animal Drugs Market, by Distribution Channel, 2019–2028 (USD Million)
12. Impact Of COVID-19 Pandemic on Farm Animal Drugs Market
12.1 North America: Impact Assessment of COVID-19 Pandemic
13. Farm Animal Drugs Market–Industry Landscape
13.1 Overview
13.2 Growth Strategies in the Farm Animal Drugs Market (%)
13.3 Organic Developments
13.3.1 Overview
13.4 Inorganic Developments
13.4.1 Overview
14. Company Profiles
14.1 PHIBRO ANIMAL HEALTH CORPORATION
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Zoetis Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Ceva
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Elanco
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Virbac
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 INTAS PHARMACEUTICALS LTD.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Alembic Pharmaceuticals Limited
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Boehringer Ingelheim International GmbH
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 MSD Animal Health
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. US Farm Animal Drugs Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 2. US Farm Animal Drugs Market, by Parasiticides – Revenue and Forecast to 2028 (USD Million)
Table 3. US Farm Animal Drugs Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)
Table 4. US Farm Animal Drugs Market, by Livestock Animal – Revenue and Forecast to 2028 (USD Million)
Table 5. US Farm Animal Drugs Market, by Route of Administration – Revenue and Forecast to 2028 (USD Million)
Table 6. US Farm Animal Drugs Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 7. Canada Farm Animal Drugs Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Canada Farm Animal Drugs Market, by Parasiticides – Revenue and Forecast to 2028 (USD Million)
Table 9. Canada Farm Animal Drugs Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)
Table 10. Canada Farm Animal Drugs Market, by Livestock Animal – Revenue and Forecast to 2028 (USD Million)
Table 11. Canada Farm Animal Drugs Market, by Route of Administration – Revenue and Forecast to 2028 (USD Million)
Table 12. Canada Farm Animal Drugs Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 13. Mexico Farm Animal Drugs Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 14. Mexico Farm Animal Drugs Market, by Parasiticides – Revenue and Forecast to 2028 (USD Million)
Table 15. Mexico Farm Animal Drugs Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)
Table 16. Mexico Farm Animal Drugs Market, by Livestock Animal – Revenue and Forecast to 2028 (USD Million)
Table 17. Mexico Farm Animal Drugs Market, by Route of Administration – Revenue and Forecast to 2028 (USD Million)
Table 18. Mexico Farm Animal Drugs Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 19. Organic Developments in the Farm Animal Drugs Market
Table 20. Inorganic Developments in the Farm Animal Drugs Market
Table 21. Glossary of Terms, Farm Animal Drugs Market
LIST OF FIGURES
Figure 1. Farm Animal Drugs Market Segmentation
Figure 2. North America Farm Animal Drugs Market Overview
Figure 3. Parasiticides Held the Largest Share of the Product Type Segment in Farm Animal Drugs Market
Figure 4. US to Show Significant Growth During Forecast Period
Figure 5. North America Farm Animal Drugs Market, Industry Landscape
Figure 6. North America PEST Analysis
Figure 7. Farm Animal Drugs Market Impact Analysis of Driver and Restraints
Figure 8. North America Farm Animal Drugs Market– Revenue Forecast and Analysis – 2020- 2028
Figure 9. Farm Animal Drugs Market Revenue Share, by Product Type (2020 and 2028)
Figure 10. Anti-Infective: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Parasiticides: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Endo-parasiticides Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Ecto-parasiticides Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. Endectocides Market Revenue and Forecasts to 2028 (US$ Million)
Figure 15. Anti-inflammatory: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Anesthetics: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Analgesics: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Hormones and Related Product: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Farm Animal Drugs Market Revenue Share, by Animal Type (2020 and 2028)
Figure 21. Livestock Animal: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Ruminants Market Revenue and Forecasts to 2028 (US$ Million)
Figure 23. Swine Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. Poultry Market Revenue and Forecasts to 2028 (US$ Million)
Figure 25. Equine: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Farm Animal Drugs Market Revenue Share, by Route of Administration (2020 and 2028)
Figure 27. Oral: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Parenteral: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Topical: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Farm Animal Drugs Market Share, by Distribution Channel, 2020 and 2028 (%)
Figure 32. Veterinary Hospitals: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Veterinary Clinics: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Pharmacies and Drug Stores: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Others: Farm Animal Drugs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. North America: Farm Animal Drugs Market, by Key Country – Revenue (2021) (USD Million)
Figure 37. North America: Farm Animal Drugs Market, by Country, 2021 & 2028 (%)
Figure 38. US: Farm Animal Drugs Market – Revenue and Forecast to 2028 (USD Million)
Figure 39. Canada: Farm Animal Drugs Market – Revenue and Forecast to 2028 (USD Million)
Figure 40. Mexico: Farm Animal Drugs Market – Revenue and Forecast to 2028 (USD Million)
Figure 41. Impact of COVID-19 Pandemic in North American Country Markets
Figure 42. Growth Strategies in the Farm Animal Drugs Market (%)
- PHIBRO ANIMAL HEALTH CORPORATION
- Zoetis Inc.
- Ceva
- Elanco
- Virbac
- INTAS PHARMACEUTICALS LTD.
- Alembic Pharmaceuticals Limited
- Boehringer Ingelheim International GmbH
- MSD Animal Health
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America farm animal drugs market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.