Report Ocean recently released a research report on the Bovine Mastitis Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global bovine mastitis market revenue was around US$ 0.94 billion in 2021 and is estimated to reach US$ 1.09 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.3% during the forecast period from 2022 to 2031.
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Bovine mastitis is an inflammatory response of the mammary gland’s udder tissue due to microbial infections or physical damage. It is regarded as the most common illness that causes financial loss in the dairy sector because of decreased yield and poor milk quality.
Factors Influencing Market Growth
The rising incidence of cow injuries and the prevalence of bovine mastitis propels the market growth.
Increase in dairy farms and the production of dairy products. Thus it is anticipated to drive the market growth.
Rising government and non-government initiatives as well as increased funding for veterinary treatment. Such factors boost the market.
Several major market players are concentrating on R&D operations to produce drugs for bovine mastitis as the growing number of dairy animals, which also contributes to the market expansion
Many key market players are focusing on R&D activities to develop drugs for bovine mastitis as the dairy animal population is increasing, which also contributes to market growth.
Study of the COVID-19 Pandemic
The COVID-19 pandemic had a negative impact on bovine mastitis on the market. Due to the lockdown enacted by the government, the supply chain for farms and the dairy industry was halted. During the pandemic, the whole healthcare sector has concentrated on items that save lives and are related to COVID-19, which limits the treatment of cow mastitis. The healthcare industry has undergone restructuring to provide safer healthcare facilities. Thus, it is projected that the market will expand in post-pandemic circumstances.
Regional Insights
Asia-Pacific accounted for the largest share of the market. Due to its established animal healthcare infrastructure, breakthroughs in treating bovine mastitis, and the region’s abundance of dairy farms. These factors fuel the market growth in this region.
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However, LAMEA is anticipated to develop significant growth because of an increase in product releases there, an increase in spending healthcare on care for animals, and a rise in the number of dairy farms. Such factors drive the market in this region.
Leading Competitors
The leading competitors in the global bovine mastitis market are:
Armenta Ltd
Boehringer Ingelheim Gmbh
Ecolab Inc
Forte Healthcare Ltd
Huvepharma NV
Merck KGaA
Mileutis Ltd
Neogen Corporation
Thermo Fisher Scientific Inc
Zoetis Inc
Others
Segmentation Analysis
The global bovine mastitis market segmentation focuses on Product, Route of Administration, Application and Region.
Segmentation based on Product
Antibiotics
Other
Segmentation based on Route of Administration
Intramammary
Systemic
Segmentation based on Application
Veterinary Hospitals and Clinics
? Mild Cases
? Moderate Cased
? Severe Cases
On-site Treatment
? Mild Cases
? Moderate Cases
? Severe Cases
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Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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Table of Content
Chapter 1: Global Bovine Mastitis Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Bovine Mastitis market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Bovine Mastitis Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Bovine Mastitis market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Bovine Mastitis market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Bovine Mastitis market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Bovine Mastitis market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Bovine Mastitis business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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