Industrial Pharmacy

Veternary Pharmaceuticals

Veterinary science is vital to study and protection of livestock. The Global veterinary healthcare market, estimated at $24.8 Billion in 2014, is set to reach $34.39 Billion by 2019. Veterinary healthcare market is gaining importance as a result of manufacturers focus on production of products with specialized formulations and specialized manufacturing processes. The research and marketing of veterinary medicines are, therefore, more complicated compared to human medicines. Animal breeding and genetics provide advance breeding technology and testing services such as DNA typing, genetic trait tests, and genetic disease tests. The animal genetics market is segmented by products, testing services, and by geography. Based on type of product, the market is mainly segmented into live animals and genetic material. The global dairy herd management market was valued at $823.65 million in 2013 and is expected to reach $1,511.91 million by 2018, at a CAGR of 12.92% between 2013 and 2018. Dairy cattle management products are rapidly gaining widespread acceptance in the dairy industry primarily due to the increased demand for dairy products. The U.S. poultry production industry is the world's largest producer, its second-largest exporter of poultry meat, and a major egg producer. The poultry and egg industry is a major user of feed grains. Animal testing, also known as animal experimentation, animal research, and in vivo testing, is the use of non-human animals in experiments. The Animal Biotechnology industry has experienced strong growth during the past five years. Since 2010, industry revenue is expected to rise at an average annual rate of 5.0% to $8.7 billion.