[150 Pages Report] The "Brazil Companion Animal Health Market" is expected to grow at a High CAGR during the forecasting period (2022-2029).
By Products, By Animals, and By Region
Report Insights Covered
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.
Fastest Growing Region
Largest Market Share
The rising prevalence of parasitic & infectious diseases and the increasing number of companion animal owners are boosting the market growth for the companion animal healthcare market in Brazil. However, changes in purchase patterns, increased generic drugs, low-cost human drug sublimities, and regulatory restriction is vital factors that might restrain the market growth significantly.
The Companion Healthcare Market is segmented by Products into Vaccines, Anti-Infectives, Medicinal Feed Additives, Parasiticides, Diagnostics, and Others. Medicinal Feed Additives accounted for the most significant market share of more than 20% of Brazil's companion animal health market.
The products under Medical Feed Additives include immune modulators against inflammatory diseases, probiotics which are microorganisms with health benefits, enzymes, vitamins, antioxidants, and feed acidifiers enhancing nutritional value. These products improve the overall health of companion animals.
Pet specialists such as pet shops and pet superstores are the leading channels to distribute pet care products in Brazil.
With one of the world’s largest populations of food-producing animals and the booming pet industry, Brazil is still a highly attractive animal health market. Competition is fierce in Brazil, which is pulling product prices down.
In Jun 2018, UCBVET Animal Health, one of the top 10 Brazilian veterinary pharmaceutical companies, announced to step up its R&D efforts to improve its product mix and heed customer calls for new technologies.
In May 2018, regulatory authorities in Brazil partnered with the country’s animal health industry body to reduce the regulatory backlog.
Merck Animal Health
Ceva Santé Animale
Dogs accounted for the largest share of the animal type segment owing to health benefits associated with the adoption of pets, increase in awareness, and demand for efficient care for dogs.
The primary driver of the companion animal healthcare market is the willingness of owners to increase spending on their pet’s health. Emotional attachment with companion animals is the primary motivator behind this driver.
Scope of the Report
The report covers epidemiology analysis of critical infectious diseases, the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles. The synthetic paper market has segmented the product as Vaccines, Anti-Infectives, Medicinal Feed Additives, Parasiticides, Diagnostics, and Others. By Animal, the market is further segmented into Cats, Dogs, Equine, and Others.
Why Purchase the Report?
Visualize the composition of the Brazil Companion Animal Health market across each indication, regarding type and treatment options, highlighting the critical commercial assets and players.
Identify business opportunities in the Brazil Companion Animal Health market by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the Brazil Companion Animal Health market.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the principal products of all major market players.
Equipment Suppliers/ Buyers
Service Providers/ Buyers
Industry Investors/Investment Bankers
What is the Brazil Companion Animal Health Market growth?
The market is growing at a High CAGR.
What is the Brazil Companion Animal Health Market size in 2021?
The Market size was valued at USD YY million in 2021.
Who are the key players in Brazil's Companion Animal Health Market?
Merck Animal Health, Ceva Santé Animale, Vetoquinol SA, Nutreco N.V., Bayer Healthcare, Elanco, Virbac, Boehringer Ingelheim, Pfizer, Merial.
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