Infinium Global Research Equine Pharmaceuticals and Supplements Market | Page 9

Equine Pharmaceuticals and Supplements Market: Global Industry Analysis, Trends, Market Size, and,
Forecasts up to 2023
typically includes managers and CXO level executives of the leading players in this
market.The primary interviews not only help identify the market size of the Equine
Pharmaceuticals and Supplementsmarket but also identify the factors that promote
the growth in the market and the factors that restrain the growth in this market.
The views of primary respondents were reconciled to provide qualitative analysis of
the Equine Pharmaceuticals and Supplementsmarket. The primary respondents also
help identifying top 5-10 players and their possible market share in the respective
country markets and in world market. The bottom-up approach is used to validate
the global market size of Equine Pharmaceuticals and Supplements. With the help
of primary interviews and secondary research the market size of Equine
Pharmaceuticals and Supplements is determined for each country studied, which
then is added to arrive at regional market size and thereby obtaining global market
size. This in turn helps us to validate the market size of Equine Pharmaceuticals and
Supplements in the world market.
EXECUTIVE SUMMARY
GLOBAL EQUINE PHARMACEUTICALS AND SUPPLEMENTS MARKET HIGHLIGHTS,
(USD MILLION)
The global equine pharmaceuticals and supplements market is projected to reach
USD X.xx billion by 2023, growing with a CAGR of 2.0 % to 2.5% from 2017 to 2023.
Governments and various animal health institutions spread awareness about the
need for good healthy diets and health supplements for the growth and healthy life
of the horses among the horse breeders and trainers in various equine industries.
Moreover, they provide information and awareness about the need for prevention
of certain diseases and the remedy for some medical conditions. Increasing
awareness about equine pharmaceuticals and supplements products is driving the
growth of the global equine pharmaceuticals and supplements market. Demand for
herbal digestive, feed, and energy supplements for horses are increasing due to the
preference among horse breeders and trainers for natural products and it is
expected to drive the growth of the pharmaceuticals and supplements market. The
horseracing and equestrian sectors drive the demand for equine pharmaceutical
products, as the health of the horses are very important for sustaining the growth
of those sectors. Healthy horses in these sectors provide the impetus for the
betting and gambling industries related to horse racing. Therefore, most of the
trainers and breeders of horses adopt advanced pharmaceutical products for
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