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Report ID: SQMIG35D2057
Report ID:
SQMIG35D2057 |
Region:
Global |
Published Date: July, 2024
Pages:
242
|
Tables:
67 |
Figures:
75
North America is one of the largest markets for livestock care and treatment products and services, accounting for a significant share of the global market. The market was primarily driven by the presence of a large number of established players in the region, as well as a high level of awareness about animal welfare and health. The United States was the largest market in the region, due to its large livestock population and advanced animal agriculture practices. Within North America, the market was further segmented into product and service categories, such as vaccines, pharmaceuticals, diagnostic tests, feed additives, and animal healthcare services. The demand for these products and services varied based on factors such as the type of livestock raised in the region, the prevalence of diseases and other health issues, and local regulations and standards. One of the key trends in the North American market was the increasing focus on animal welfare and sustainability. Consumers and regulators were placing increasing pressure on livestock producers to adopt more sustainable and ethical practices, such as reducing the use of antibiotics and other inputs, improving animal welfare standards, and reducing greenhouse gas emissions.
Asia-Pacific was the fastest-growing market for livestock care and treatment products and services, driven by the increasing demand for animal protein in the region and the adoption of new technologies and practices in animal agriculture. China and India were the largest markets in the region, due to their large populations and growing demand for animal protein. Other key markets in the region included Japan, South Korea, and Australia, which had well-developed animal agriculture sectors and a high level of awareness about animal welfare and health. Within Asia-Pacific, the market was further segmented into product and service categories, such as vaccines, pharmaceuticals, diagnostic tests, feed additives, and animal healthcare services. The demand for these products and services varied based on factors such as the type of livestock raised in the region, the prevalence of diseases and other health issues, and local regulations and standards. One of the key trends in the Asia-Pacific market was the adoption of new technologies and practices in animal agriculture, such as precision livestock farming, genomic selection, and data analytics. These technologies were helping livestock producers to improve the efficiency and productivity of their operations, while also reducing environmental impact and improving animal welfare standards. Another trend in the region was the increasing focus on food safety and traceability, as consumers and regulators sought greater transparency and accountability in the food supply chain. This was driving demand for diagnostic tests and other products and services that could help to ensure the safety and quality of animal products.
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Report ID: SQMIG35D2057