Veterinary Medicine in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Veterinary medicine is concerned with preventing, controlling, diagnosing, and treating diseases affecting the health of both food-producing and companion animals and preventing the transmission of animal diseases to humans. Market value represents revenue generated by market players in a specific year.
- The South American veterinary medicine market recorded revenues of $3.50 billion in 2023, representing a compound annual growth rate (CAGR) of 2.9% between 2018 and 2023.
- The pharmaceutical segment accounted for the market's largest proportion in 2023, with total revenues of $1.98 billion, equivalent to 56.7% of the market's overall value.
- The growth of the South American market can be attributed to the increasing number of animals, which in turn drives the demand for animal-based food products. For instance, according to the Food and Agriculture Organization of the United Nations (FAO), meat production in Brazil and Colombia grew by 1.4% and 1.6%, reaching 30.8 million tons and 3.1 million tons, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the veterinary medicine market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the veterinary medicine market in South America
- Leading company profiles reveal details of key veterinary medicine market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South America veterinary medicine market with five year forecasts
Reasons to Buy
- What was the size of the South America veterinary medicine market by value in 2023?
- What will be the size of the South America veterinary medicine market in 2028?
- What factors are affecting the strength of competition in the South America veterinary medicine market?
- How has the market performed over the last five years?
- What are the main segments that make up South America's veterinary medicine market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Zoetis Inc
- Merck & Co., Inc.
- Ceva Sante Animale SA
- Boehringer Ingelheim GmbH
