Middle East & Africa Animal Healthcare Market, By Product Type (Anti-infective, Anti-inflammatory, Vaccines (FMD Vaccines, Rabies Vaccines, and Others), Hormones & Substitutes, and Others), By Animal Type (Livestock (Bovine, Porcine, Ovine, and Poultry), and Companion (Canine and Feline)), By Route of Administration (Oral and Parenteral), By Disease Indication (Viral Diseases, Bacterial Diseases, Fungal Diseases, and Others), By Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Retail Pharmacies, and Online Pharmacies), and By Region (Middle East and Africa), is estimated to be valued at US$ 3,883.0 million in 2020 and is expected to exhibit a CAGR of 5.2% during the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.
Key players in the market are focusing on launch of animal healthcare products, which is expected to support growth of the market. For instance, in August 2017, Boehringer Ingelheim announced the launch of Centragard, a transdermal solution for the treatment and control of three of the most common intestinal parasites of cats such as hookworms, roundworms, and tapeworms.
Similarly, in 2019, Bayer Animal Health announced the launch of Coraxis, a topical solution for dogs, for the prevention of heartworm disease and to control hookworms, roundworms, and whipworms.
Middle East & Africa Animal Healthcare Market – Impact of Coronavirus (Covid-19) Pandemic.
The Food and Agriculture Organization of the United Nations provided guidelines to mitigate the impact of the COVID-19 pandemic on livestock production and animal health, which included the following recommendations for the livestock farmers to prevent spread of the coronavirus infection.
- Communication with professional service providers such as milk collectors and suppliers of feed, and consumables should be established to find solutions to secure supplies, inputs, and services
- Communication through producer cooperatives or farmers associations for obtaining necessary exemptions for mobilization of animals, products, and personnel
- Explore alternative sales channels such as online sales, e-commerce, and direct sales, and use point-to-point transportation to deliver livestock and related products to buyers
- The farmers should obtain latest information on the evolving COVID-19 situation from trusted sources such as radio programs provided by local governments, official news releases, livestock market officers, veterinary pharmacies, farmers associations, and others
- Implementation of practical biosafety and biosecurity measures to prevent human contamination with COVID-19 on the farm. These measures include:
- Installation of footbaths and changing the disinfectant frequently
- A designated area should be maintained for external visitors; visitor interactions with farm workers should be restricted
- Consultation with animal health professionals to improve biosecurity and biosafety in the farm