New York, NY -- (SBWIRE) -- 11/06/2017 -- Persistence Market Research Released New Market Report on "Global Market Study on Animal Healthcare: Feed Additives to Witness Highest Growth by 2019," the global animal healthcare market was valued at USD 27,861.2 million in 2013 and is expected to grow at a CAGR of 7.1% from 2014 to 2019, to reach an estimated value of USD 41,929.1 million in 2019.

View Full Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/animal-healthcare-market/toc

Among the regions, North America was the global leader in 2013 with 31.7% share, followed by Europe and Asia-Pacific. North America is expected to retain its leadership by 2019; however a fall in its market share is expected, due to increasing market share of Asia-Pacific. The Asia-Pacific animal healthcare market witnessed the highest growth rate during 2010-2013 due to increase in the population of both production and companion animals. It is expected to retain its high growth rate during 2014-2019. Pet adoption is becoming a trend among the middle- and upper-class population in China and India due to their increasing population and income levels. This holds significant opportunity for the animal healthcare market in the region.

Global animal healthcare market is highly fragmented wherein the market shares of top ten players sum up to less than 75%. High degree of mergers, acquisitions and joint ventures taking place in the last few years has kept the market volatile. However, the competition is expected to reduce in the long run due to increasing consolidation activities. The changing regulatory environment in animal healthcare and emergence of new companies may introduce competition of a different level in the global market.

Checkout page @ https://www.persistencemarketresearch.com/checkout/2882

About Persistence Market Research
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.