Infinium Global Research Equine Pharmaceuticals and Supplements Market | Page 2

A latest report has been added to the wide database of Equine Pharmaceuticals and Supplements Market by Infinium Global
Research. This report studies the Equine Pharmaceuticals and Supplements Market by product type (pharmaceuticals and
supplements), by distribution channels (veterinary hospitals, drugstores, and some others) market status and outlook of global and
major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments
& countries in recent years and to forecast the values for the next six years. Equine Pharmaceuticals and Supplements Market
provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest
trends, and product offerings of the major companies in the Equine Pharmaceuticals and Supplements Market. According to the
report the Global Equine Pharmaceuticals and Supplements Market is projected to grow at a CAGR between 2.0% to 2.5% in terms
of value over the period of 2017-2023. Stringent regulations regarding the pharmaceutical products and supplements is a major
restraint for the market. Availability of alternative betting and gambling avenues affect the equine related industries in matured
economies and it is expected to be a restraint for the growth for global equine pharmaceuticals and supplements market.
Expansion of horse racing in certain geographical regions is expected to provide opportunities for major players the global equine
pharmaceuticals and supplements market to expand. However, the decrease in breeding of horses has led to a decrease in
population of horses and it is expected to remain as a major challenge for global equine pharmaceuticals and supplements market
during the forecast period.
Segments Covered:
The report segments the global equine pharmaceuticals and supplements market by product type, distribution channels and
region. On the basis of product, the market is segmented as pharmaceuticals and supplements. Based on distribution channel, the
market is segmented as veterinary hospitals, drugstores, and some others.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World.
With the presence of 10 million horses and as one of the horse exporting nations in the world, USA drives the North American
equine pharmaceuticals and supplements market. Traditional horseracing and equestrian nations such as Czech Republic, France,
Hungary, Ireland, Italy, Poland and United Kingdom drives the growth of European pharmaceuticals and supplements market, as
there is demand for pharmaceuticals and supplements products for providing best care for the racing horses in the region.
Moreover, the major horse exporting nations such as Netherlands, Germany, Ireland, Belgium, France and United Kingdom spend
heavily on quality equine pharmaceuticals and supplements products. Adoption of horses’ welfare measures by European
parliament is expected to provide a Positive outlook for the European pharmaceuticals and supplements market during the
forecast period. Asia-Pacific region is expected to become the fastest growing equine pharmaceuticals and supplements market,
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