South and Central 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 South & Central America farm animal drugs market is expected to reach US$ 1,701.8 million by 2028 from US$ 1,213.8 million in 2021. The market is estimated to grow at a CAGR of 4.9% from 2021–2028.
Healthy animals are also the cornerstone of healthy eating; therefore, vaccinations can help protect animal-made foods. The veterinary sector is working toward providing farmers with the vaccines for safeguarding animal health and welfare. These vaccines are licensed and manufactured under strict regulatory conditions to ensure their safety, effectiveness, and quality. Vaccines are a promising alternative to intensive antibiotics. In a recent cross-border expert ranking of alternatives to the use of antimicrobial agents in pig production, vaccines were ranked in terms of perceived feasibility and among the top five alternative approaches in terms of perceived efficacy. Thus, such advancements are accelerating growth of the South & Central America farm animal drugs market.
COVID-19 have emerged as a challenge due to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities however, the pandemic has slight positive impact on market for animal drugs as companies rearrange their operations. Currently, the companies are rapidly increasing its clinical programs to fight against the food borne and zoonotic diseases. There has been a growing focus on R&D. Thus, the market has been slightly negatively affected or neutral due to the pandemic due to disrupted supply chains, shortage of raw material, among others.
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 South & Central America farm animal drugs market is expected to grow at a good CAGR during the forecast period.
South & Central America Farm animal drugs Market Revenue and Forecast to 2028 (US$ Million)
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South & Central 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
- South & Central America
- Brazil
- Argentina
- Rest of South & Central America
Companies Mentioned
- PHIBRO ANIMAL HEALTH CORPORATION
- Zoetis Inc.
- Ceva
- Elanco
- Virbac
- INTAS PHARMACEUTICALS LTD.
- 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 South & Central America Farm Animal Drugs Market – By Product Type
1.3.2 South & Central America Farm Animal Drugs Market – By Animal Type
1.3.3 South & Central America Farm Animal Drugs Market – By Route of Administration
1.3.4 South & Central America Farm Animal Drugs Market – By Distribution Channel
1.3.5 South & Central America Farm Animal Drugs Market – By Country
2. South & Central 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 South & Central 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 – South & Central America Analysis
6.1 South & Central 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. South & Central America Farm Animal Drugs Market Geographic Analysis
11.1 South and Central America: Farm Animal Drugs Market
11.1.1 Overview
11.1.2 South and Central America: Farm Animal Drugs Market - Revenue and Forecast to 2028 (USD Million)
11.1.3 South and Central America Farm Animal Drugs Market, By Product Type– Revenue and Forecast to 2028 (USD Million)
11.1.3.1 South and Central America: Product Type Market, by Parasiticides, 2019–2028 (USD Million)
11.1.4 South and Central America Farm Animal Drugs Market, By Animal Type – Revenue and Forecast to 2028 (USD Million)
11.1.4.1 South and Central America Farm Animal Drugs Market, By Livestock Animal – Revenue and Forecast to 2028 (USD Million)
11.1.5 South and Central America: Farm Animal Drugs Market, by Route of Administration, 2019–2028 (USD Million)
11.1.6 South and Central America: Farm Animal Drugs Market, by Distribution Channel, 2019–2028 (USD Million)
11.1.7 South and Central America: Farm Animal Drugs Market Share by Country – 2021 & 2028, (%)
11.1.7.1 Brazil: Farm Animal Drugs Market- Revenue and Forecasts To 2028 (USD Million)
11.1.7.1.1 Brazil: Farm Animal Drugs Market- Revenue and Forecasts To 2028 (USD Million)
11.1.7.1.2 Brazil Farm Animal Drugs Market, By Product Type– Revenue and Forecast to 2028 (USD Million)
11.1.7.1.2.1 Brazil: Product Type Market, by Parasiticides, 2019–2028 (USD Million)
11.1.7.1.3 Brazil Farm Animal Drugs Market, By Animal Type – Revenue and Forecast to 2028 (USD Million)
11.1.7.1.3.1 Brazil Farm Animal Drugs Market, By Livestock Animal – Revenue and Forecast to 2028 (USD Million)
11.1.7.1.4 Brazil: Farm Animal Drugs Market, by Route of Administration, 2019–2028 (USD Million)
11.1.7.1.5 Brazil: Farm Animal Drugs Market, by Distribution Channel, 2019–2028 (USD Million)
11.1.7.2 Argentina: Farm Animal Drugs Market- Revenue and Forecasts To 2028 (USD Million)
11.1.7.2.1 Argentina: Farm Animal Drugs Market- Revenue and Forecasts To 2028 (USD Million)
11.1.7.2.2 Argentina Farm Animal Drugs Market, By Product Type– Revenue and Forecast to 2028 (USD Million)
11.1.7.2.2.1 Argentina: Product Type Market, by Parasiticides, 2019–2028 (USD Million)
11.1.7.2.3 Argentina Farm Animal Drugs Market, By Animal Type – Revenue and Forecast to 2028 (USD Million)
11.1.7.2.3.1 Argentina Farm Animal Drugs Market, By Livestock Animal – Revenue and Forecast to 2028 (USD Million)
11.1.7.2.4 Argentina: Farm Animal Drugs Market, by Route of Administration, 2019–2028 (USD Million)
11.1.7.2.5 Argentina: Farm Animal Drugs Market, by Distribution Channel, 2019–2028 (USD Million)
11.1.7.3 Rest of South and Central America: Farm Animal Drugs Market - Revenue and Forecast to 2028 (USD Million)
11.1.7.3.1 Rest of South and Central America: Farm Animal Drugs Market - Revenue and Forecast to 2028 (USD Million)
11.1.7.3.2 Rest of South and Central America Farm Animal Drugs Market, By Product Type– Revenue and Forecast to 2028 (USD Million)
11.1.7.3.2.1 Rest of South and Central America: Product Type Market, by Parasiticides, 2019–2028 (USD Million)
11.1.7.3.3 Rest of South and Central America Farm Animal Drugs Market, By Animal Type – Revenue and Forecast to 2028 (USD Million)
11.1.7.3.3.1 Rest of South and Central America Farm Animal Drugs Market, By Livestock Animal – Revenue and Forecast to 2028 (USD Million)
11.1.7.3.4 Rest of South and Central America: Farm Animal Drugs Market, by Route of Administration, 2019–2028 (USD Million)
11.1.7.3.5 Rest of South and Central America: Farm Animal Drugs Market, by Distribution Channel, 2019–2028 (USD Million)
12. Impact Of COVID-19 Pandemic on Farm Animal Drugs Market
12.1 South & Central 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 Boehringer Ingelheim International GmbH
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 MSD Animal Health
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
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. South and Central America Farm Animal Drugs Market, By Product Type– Revenue and Forecast to 2028 (USD Million)
Table 2. South and Central America Product Type Market, by Parasiticides– Revenue and Forecast to 2028 (USD Million)
Table 3. South and Central America Farm Animal Drugs Market, By Animal Type – Revenue and Forecast to 2028 (USD Million)
Table 4. South and Central America Farm Animal Drugs Market, By Livestock Animal – Revenue and Forecast to 2028 (USD Million)
Table 5. South and Central America Farm Animal Drugs Market, by Route of Administration – Revenue and Forecast to 2028 (USD Million)
Table 6. South and Central America Farm Animal Drugs Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 7. Brazil Farm Animal Drugs Market, By Product Type– Revenue and Forecast to 2028 (USD Million)
Table 8. Brazil Product Type Market, by Parasiticides– Revenue and Forecast to 2028 (USD Million)
Table 9. Brazil Farm Animal Drugs Market, By Animal Type – Revenue and Forecast to 2028 (USD Million)
Table 10. Brazil Farm Animal Drugs Market, By Livestock Animal – Revenue and Forecast to 2028 (USD Million)
Table 11. Brazil Farm Animal Drugs Market, by Route of Administration – Revenue and Forecast to 2028 (USD Million)
Table 12. Brazil Farm Animal Drugs Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 13. Argentina Farm Animal Drugs Market, By Product Type– Revenue and Forecast to 2028 (USD Million)
Table 14. Argentina Product Type Market, by Parasiticides– Revenue and Forecast to 2028 (USD Million)
Table 15. Argentina Farm Animal Drugs Market, By Animal Type – Revenue and Forecast to 2028 (USD Million)
Table 16. Argentina Farm Animal Drugs Market, By Livestock Animal – Revenue and Forecast to 2028 (USD Million)
Table 17. Argentina Farm Animal Drugs Market, by Route of Administration – Revenue and Forecast to 2028 (USD Million)
Table 18. Argentina Farm Animal Drugs Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of South and Central America Farm Animal Drugs Market, By Product Type– Revenue and Forecast to 2028 (USD Million)
Table 20. Rest of South and Central America Product Type Market, by Parasiticides– Revenue and Forecast to 2028 (USD Million)
Table 21. Rest of South and Central America Farm Animal Drugs Market, By Animal Type – Revenue and Forecast to 2028 (USD Million)
Table 22. Rest of South and Central America Farm Animal Drugs Market, By Livestock Animal – Revenue and Forecast to 2028 (USD Million)
Table 23. Rest of South and Central America Farm Animal Drugs Market, by Route of Administration – Revenue and Forecast to 2028 (USD Million)
Table 24. Rest of South and Central America Farm Animal Drugs Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 25. Organic Developments in the Farm Animal Drugs Market
Table 26. Inorganic Developments in the Farm Animal Drugs Market
Table 27. Glossary of Terms, Farm Animal Drugs Market
LIST OF FIGURES
Figure 1. Farm Animal Drugs Market Segmentation
Figure 2. South & Central 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. Brazil to Show Significant Growth During Forecast Period
Figure 5. South & Central America Farm Animal Drugs Market, Industry Landscape
Figure 6. South & Central America PEST Analysis
Figure 7. Farm Animal Drugs Market Impact Analysis of Driver and Restraints
Figure 8. South & Central 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. South and Central America: Farm Animal Drugs Market, By Key Country – Revenue (2021) (USD Million)
Figure 37. South and Central America: Farm Animal Drugs Market- Revenue and Forecasts To 2028 (USD Million)
Figure 38. South and Central America: Farm Animal Drugs Market Share by Country – 2021 & 2028, (%)
Figure 39. Brazil: Farm Animal Drugs Market- Revenue and Forecasts To 2028 (USD Million)
Figure 40. Argentina: Farm Animal Drugs Market- Revenue and Forecasts To 2028 (USD Million)
Figure 41. Rest of South and Central America: Farm Animal Drugs Market - Revenue and Forecast to 2028 (USD Million)
Figure 42. Impact of COVID-19 Pandemic in South & Central America Country Markets
Figure 43. Growth Strategies in the Farm Animal Drugs Market (%)
- PHIBRO ANIMAL HEALTH CORPORATION
- Zoetis Inc.
- Ceva
- Elanco
- Virbac
- INTAS PHARMACEUTICALS LTD.
- 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 South & Central America farm animal drugs market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America farm animal drugs market, thereby allowing players across the value chain to develop effective long-term strategies.
- 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.