Homeopathic Veterinary Medicines Market | Share, Growth Insights with Global Forecast To 2027
The global Homeopathic Veterinary Medicines market gathered revenue around USD 105 Million in 2020 and market is set to grow USD 190 Million by the end of 2027 and is estimated to expand at a modest CAGR of 5.2% during the prediction period 2021 to 2027. Veterinary homeopathy is gaining popularity, with many doctors and veterinarians throughout the world adopting it. Most veterinarians choose homeopathy, as several animal diseases are chronic and recurrent. The goal of employing homeopathy is to boost an animal’s immunity and cure the ailment at its source. Rise in awareness, technological developments, and increase in demand for complementary and alternative medicine (CAM) are major factors expected to drive the global homeopathic veterinary medicines market during the forecast period.
Europe held a major share of the global homeopathic veterinary medicines market in 2020. Europe, being home to several key players of the market, is a prominent market for homeopathic veterinary medicines. High acceptance and usage of superior quality homeopathic veterinary medicines, feed additives, and vaccines are major factors fueling the growth of the homeopathic veterinary medicines market in the region. Moreover, high investments by farmers in health management of livestock, especially feed additives and vaccines, have fueled the homeopathic veterinary medicines market in Europe. The homeopathic veterinary medicines market in Asia Pacific is expected to expand at a high CAGR of 5.8% from 2021 to 2027. Rapid increase in per capita income and high expenditure on animal products are estimated to boost the homeopathic veterinary medicines market in Asia Pacific
The last section of the report comprises quantitative and qualitative analysis on market share/position of key players operating in the global homeopathic veterinary medicines market. It analyzes the key competitive strategies adopted by the major industry players, thereby presenting a thorough understanding of the competitive scenario in the global homeopathic veterinary medicines market.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Homeopathic Veterinary Medicines market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Homeopathic Veterinary Medicines market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Homeopathic Veterinary Medicines market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Plant-derived Veterinary Medicines in High Demand
In terms of source of origin, the global homeopathic veterinary medicines market can be classified into plant-derived, animal-derived, and minerals. The plant-derived segment dominated the global homeopathic veterinary medicines market in 2020, and the trend is projected to continue during the forecast period. Nux vomica is the common name for a homeopathic medication from the Strychnos nux-vomica tree. This natural remedy uses the seeds of the tree as its main ingredient. A 2016 study found that the extract from nux vomica leaves is used for digestive problems, loss of appetite, liver disease, low back pain, and helps clear the side effects from drugs in veterinary homeopathy.
Europe to Dominate Global Market; Asia Pacific to Offer Significant Incremental Opportunity
In terms of region, the global homeopathic veterinary medicines market has been divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Europe is projected to account for a leading share of the global homeopathic veterinary medicines market during the forecast period. The increase in expenditure by the population in the well-being of their pets as well as domestic animals propels the homeopathic veterinary medicines market in Europe. According to the European Pet Food Industry Federation, over 78 million households in Europe own a pet each. The number is expected to rise exponentially over the next few years, which is likely to drive the demand for homeopathic veterinary medicines. The homeopathic veterinary medicines market in Asia Pacific is projected to expand at a rapid pace over the next few years. India, China, and Japan are expected to be lucrative markets in the near future, owing to the increase in pet ownership and rise in per capita income of the people in Asia Pacific.
Homeopathic Veterinary Medicines Market: Key Segments
In terms of source of origin, the global homeopathic veterinary medicines market has been classified into plant-derived, animal-derived, and minerals. The plant-derived segment held a major share of the global homeopathic veterinary medicines market in 2020, and the trend is anticipated to continue during the forecast period.
Based on type of animal, the global homeopathic veterinary medicines market has been segmented into domestic animals, and companion animals. The domestic animals segment accounted for majority of the market share in 2020.
In terms of distribution channel, the global homeopathic veterinary medicines market has been categorized into retail pharmacies, veterinary clinics, and online pharmacies
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Significant Market Participants Operational in the Homeopathic Veterinary Medicines Market are:
The global homeopathic veterinary medicines market are animalEO, Dorwest Herbs Ltd., Freemans Homeopathy Pharmacy, Goel Vet Pharma, Guna SPA, Helios Homeopathy Ltd., Hivet, Omida AG, CURE WELL HOMOEO PHARMACY, Dr. Reckeweg & Co. GmbH, and Biologische Heilmittel Heel GmbH.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global Homeopathic Veterinary Medicines Market: Segmentation
Homeopathic Veterinary Medicines Market, by Source of Origin
Homeopathic Veterinary Medicines Market, by Type of Animal
Homeopathic Veterinary Medicines Market, by Distribution Channel
North America
Europe
Asia Pacific
Central & South America
Middle East and Africa
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Homeopathic Veterinary Medicines Market, by Source of Origin
7.1. Homeopathic Veterinary Medicines Market, by Source of Origin, 2021-2027
7.1.1. Plant-derived
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Animal-derived
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Minerals
7.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Homeopathic Veterinary Medicines Market, By Type of Animal
8.1. Homeopathic Veterinary Medicines Market, by Type of Animal, 2021-2027
8.1.1. Domestic Animals
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Companion Animals
8.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Homeopathic Veterinary Medicines Market, By Distribution Channel
9.1. Homeopathic Veterinary Medicines Market, by Distribution Channel, 2021-2027
9.1.1. Retail Pharmacies
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Veterinary Clinics
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Online Pharmacies
9.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 10.Global Homeopathic Veterinary Medicines Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.1.2. Market Revenue and Forecast, by Coating (2016-2027)
10.1.3. Market Revenue and Forecast, by Technology (2016-2027)
10.1.4. Market Revenue and Forecast, by Texture (2016-2027)
10.1.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.1.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.1.7. U.S.
10.1.7.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.1.7.2. Market Revenue and Forecast, by Coating (2016-2027)
10.1.7.3. Market Revenue and Forecast, by Technology (2016-2027)
10.1.7.4. Market Revenue and Forecast, by Texture (2016-2027)
10.1.8. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.1.8.1. Market Revenue and Forecast, by Raw Material (2016-2027)
10.1.9. Rest of North America
10.1.9.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.1.9.2. Market Revenue and Forecast, by Coating (2016-2027)
10.1.9.3. Market Revenue and Forecast, by Technology (2016-2027)
10.1.9.4. Market Revenue and Forecast, by Texture (2016-2027)
10.1.10. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.1.11. Market Revenue and Forecast, by Raw Material (2016-2027)
10.1.11.1.
10.2. Europe
10.2.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.2.2. Market Revenue and Forecast, by Coating (2016-2027)
10.2.3. Market Revenue and Forecast, by Technology (2016-2027)
10.2.4. Market Revenue and Forecast, by Texture (2016-2027)
10.2.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.2.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.2.7.
10.2.8. UK
10.2.8.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.2.8.2. Market Revenue and Forecast, by Coating (2016-2027)
10.2.8.3. Market Revenue and Forecast, by Technology (2016-2027)
10.2.9. Market Revenue and Forecast, by Texture (2016-2027)
10.2.10. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.2.10.1. Market Revenue and Forecast, by Raw Material (2016-2027)
10.2.11. Germany
10.2.11.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.2.11.2. Market Revenue and Forecast, by Coating (2016-2027)
10.2.11.3. Market Revenue and Forecast, by Technology (2016-2027)
10.2.12. Market Revenue and Forecast, by Texture (2016-2027)
10.2.13. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.2.14. Market Revenue and Forecast, by Raw Material (2016-2027)
10.2.14.1.
10.2.15. France
10.2.15.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.2.15.2. Market Revenue and Forecast, by Coating (2016-2027)
10.2.15.3. Market Revenue and Forecast, by Technology (2016-2027)
10.2.15.4. Market Revenue and Forecast, by Texture (2016-2027)
10.2.16. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.2.16.1. Market Revenue and Forecast, by Raw Material (2016-2027)
10.2.17. Rest of Europe
10.2.17.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.2.17.2. Market Revenue and Forecast, by Coating (2016-2027)
10.2.17.3. Market Revenue and Forecast, by Technology (2016-2027)
10.2.17.4. Market Revenue and Forecast, by Texture (2016-2027)
10.2.18. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.2.18.1. Market Revenue and Forecast, by Raw Material (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.3.2. Market Revenue and Forecast, by Coating (2016-2027)
10.3.3. Market Revenue and Forecast, by Technology (2016-2027)
10.3.4. Market Revenue and Forecast, by Texture (2016-2027)
10.3.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.3.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.3.7. India
10.3.7.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Coating (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Technology (2016-2027)
10.3.7.4. Market Revenue and Forecast, by Texture (2016-2027)
10.3.8. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.3.9. Market Revenue and Forecast, by Raw Material (2016-2027)
10.3.10. China
10.3.10.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.3.10.2. Market Revenue and Forecast, by Coating (2016-2027)
10.3.10.3. Market Revenue and Forecast, by Technology (2016-2027)
10.3.10.4. Market Revenue and Forecast, by Texture (2016-2027)
10.3.11. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.3.11.1. Market Revenue and Forecast, by Raw Material (2016-2027)
10.3.12. Japan
10.3.12.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.3.12.2. Market Revenue and Forecast, by Coating (2016-2027)
10.3.12.3. Market Revenue and Forecast, by Technology (2016-2027)
10.3.12.4. Market Revenue and Forecast, by Texture (2016-2027)
10.3.12.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.3.12.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.3.13. Rest of APAC
10.3.13.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.3.13.2. Market Revenue and Forecast, by Coating (2016-2027)
10.3.13.3. Market Revenue and Forecast, by Technology (2016-2027)
10.3.13.4. Market Revenue and Forecast, by Texture (2016-2027)
10.3.13.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.3.13.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.4.2. Market Revenue and Forecast, by Coating (2016-2027)
10.4.3. Market Revenue and Forecast, by Technology (2016-2027)
10.4.4. Market Revenue and Forecast, by Texture (2016-2027)
10.4.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.4.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.4.7. GCC
10.4.7.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Coating (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Technology (2016-2027)
10.4.7.4. Market Revenue and Forecast, by Texture (2016-2027)
10.4.8. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.4.9. Market Revenue and Forecast, by Raw Material (2016-2027)
10.4.10. North Africa
10.4.10.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.4.10.2. Market Revenue and Forecast, by Coating (2016-2027)
10.4.10.3. Market Revenue and Forecast, by Technology (2016-2027)
10.4.10.4. Market Revenue and Forecast, by Texture (2016-2027)
10.4.11. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.4.12. Market Revenue and Forecast, by Raw Material (2016-2027)
10.4.13. South Africa
10.4.13.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.4.13.2. Market Revenue and Forecast, by Coating (2016-2027)
10.4.13.3. Market Revenue and Forecast, by Technology (2016-2027)
10.4.13.4. Market Revenue and Forecast, by Texture (2016-2027)
10.4.13.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.4.13.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.4.14. Rest of MEA
10.4.14.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.4.14.2. Market Revenue and Forecast, by Coating (2016-2027)
10.4.14.3. Market Revenue and Forecast, by Technology (2016-2027)
10.4.14.4. Market Revenue and Forecast, by Texture (2016-2027)
10.4.14.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.4.14.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.5.2. Market Revenue and Forecast, by Coating (2016-2027)
10.5.3. Market Revenue and Forecast, by Technology (2016-2027)
10.5.4. Market Revenue and Forecast, by Texture (2016-2027)
10.5.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.5.6. Market Revenue and Forecast, by Raw Material (2016-2027)
10.5.7. Brazil
10.5.7.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.5.7.2. Market Revenue and Forecast, by Coating (2016-2027)
10.5.7.3. Market Revenue and Forecast, by Technology (2016-2027)
10.5.7.4. Market Revenue and Forecast, by Texture (2016-2027)
10.5.8. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.5.8.1. Market Revenue and Forecast, by Raw Material (2016-2027)
10.5.9. Rest of LATAM
10.5.9.1. Market Revenue and Forecast, by Vehicle (2016-2027)
10.5.9.2. Market Revenue and Forecast, by Coating (2016-2027)
10.5.9.3. Market Revenue and Forecast, by Technology (2016-2027)
10.5.9.4. Market Revenue and Forecast, by Texture (2016-2027)
10.5.9.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
10.5.9.6. Market Revenue and Forecast, by Raw Material (2016-2027)
Chapter 11. Company Profiles
11.1. animalEO
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Dorwest Herbs Ltd.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Freemans Homeopathy Pharmacy
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Goel Vet Pharma
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Guna SPA
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Helios Homeopathy Ltd.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Hivet
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Omida AG
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. CURE WELL HOMOEO PHARMACY
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Dr. Reckeweg & Co. GmbH
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Biologische Heilmittel Heel GmbH.
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers