Major companies in the veterinary healthcare market include Zoetis Inc. , Boehringer Ingelheim GmbH, Merck & Co, IDEXX Laboratories, Evonik Industries AG, Patterson Companies Inc. , Ceva Animal Health LLC – Biomune; Pets at Home Group PLC, National Veterinary Associates, and Phirbo Animal Health.
New York, May 26, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Veterinary Healthcare Global Market Report 2022" - https://www.reportlinker.com/p06281012/?utm_source=GNW The global veterinary healthcare market is expected to grow from $159.59 billion in 2021 to $176.96 billion in 2022 at a compound annual growth rate (CAGR) of 10.9%. The market is expected to grow to $252.05 billion in 2026 at a compound annual growth rate (CAGR) of 9.2%. The veterinary healthcare market consists of sales of veterinary healthcare goods and services by entities (organizations, sole traders, and partnerships) associated with the diagnosis, treatment, and prevention of diseases in animals. This industry includes establishments that provide veterinary services, veterinary medical equipment producers, and animal medicine producers. The main types of veterinary healthcare are veterinary services, veterinary medical equipment, animal medicine and are used for the animals such as dogs and cats, horses, ruminants, swine, poultry, other animals.Veterinary services refer to the healthcare services that are provided to the animals. The products include instruments/equipment, disposables. North America was the largest region in the veterinary healthcare market in 2021.Asia Pacific was the second-largest region in the veterinary healthcare market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Global meat production is expected to rise in the forecast period, supporting the growth of the veterinary healthcare market. According to the US Department of Agriculture, in 2020, the beef production in the USA reached27.5 billion pounds, the highest production volume registered in the country. The rising meat production is especially prominent in developing countries such as China, India, and Brazil, where increasing population and rising income levels are stimulating the demand for meat products. By 2027, the production of meat and poultry in emerging markets is expected to increase by 76%. By 2050, China’s meat imports are expected to grow over 3,500% to $150 billion as consumption of chicken, pork and beef will surge due to the country’s rising middle class. The rising production of meat products supported by the growing population will increase the demand for feed additives in the livestock industry, driving the veterinary healthcare market. The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the veterinary healthcare market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally.COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of ’lock down’ and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the veterinary healthcare market will recover from the shock across the forecast period as it is a ’black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy Nanotechnology is increasingly gaining traction in the animal medicine market as a substitute for veterinary antibiotics to tackle antibiotic resistance.Nanotechnology is the study of controlling matter on an atomic and molecular scale. Nanotechnology in the animal medicine industry is used to improve diagnosis, treatment, animal growth promotion, and production.Nanoparticles are mainly used as alternative antimicrobial agents to reduce the use of antibiotics and improve the detection of pathogenic bacteria. They are also used as drug delivery agents for new drugs and vaccines candidates to improve their characteristics and performance, and to reduce drug resistance in animal organisms. The countries covered in the veterinary healthcare market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. Read the full report: https://www.reportlinker.com/p06281012/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
Tesla CEO Elon Musk announced his plans to open an all-night Tesla restaurant in Hollywood that will feature a drive-in movie theater, two 45 ft. LED movie screens, and superchargers.
The world has changed so much since 1985 but the price of Costco Wholesale's hot dog-and-soda special -- $1.50 -- has remained constant.
Record diesel prices are slamming consumers in hidden ways. That's because diesel drives the economy, fueling trucking, agriculture and other major industries.
If you have $77,280 that you can afford to invest, these stocks can turn that into $400 in recurring monthly income.
Global car production has been hampered for months because of a plethora of supply-chain and logistics issues. Friday, Toyota Motor (ticker: TM) cut its production plans again. Toyota is taking additional downtime at some plants the week of June 6.
Shares of Peabody Energy (NYSE: BTU) were dropping 4% on the day as of 9:50 a.m. ET Friday. You can thank commodity prices (and it's not just coal that I'm referring to here). Newcastle coal prices, which are also the benchmark for the Asian market, rocketed this week to above $400 per metric ton and are barely $20 away from record highs as of this writing, according to data from TradingEconomics.com.
Shares of TotalEnergies, Repsol, and Equinor are up sharply as markets slump. They could be worth holding at current prices because of their dividends.
Investors opposed resolutions that challenged the company's policies on various issues, including the treatment of workers and use of non-disclosure agreements. To be sure, about 13% of the company's voting stock is controlled by Founder and Executive Chairman Jeff Bezos, raising the bar for any effort to win a majority of investor support. The proposal for a report on whether Amazon cloud, surveillance and other capabilities contribute to human rights violation won 40% support.
Teekay Tankers Ltd. is one of the world's largest marine energy transportation and storage companies and its charts tell me a very bullish story for the months ahead. Let's take a look. In this daily bar chart of TNK, below, we can see an impressive base pattern and an upside breakout in April from a neckline around $15.
(Bloomberg) -- Electricite de France SA’s nuclear failures are sending ripples through European energy markets, threatening to undermine the continent’s plan to turn its back on Russian gas.Most Read from BloombergFord Beats Tesla to the Punch With First Electric F-150 DeliveryUkraine Latest: US Slams Putin’s Food-for-Sanctions Relief PlanZilingo’s Fired CEO Responds to Questions of Mystery PaymentsStocks Almost Erase This Month’s Losses Amid Rally: Markets WrapEurope’s biggest producer of atomi
NEW YORK (Reuters) -Major U.S. retailers that recently scrambled to restock shelves amid product shortages disclosed this week that their stores are now packed with too much merchandise, and some are even doing what was unthinkable just a few months ago: discounting unsold goods. With shoppers' tastes quickly shifting, many retailers now find themselves with a surplus of merchandise, driving up costs. Costco Wholesale Corp said its inventories ballooned 26% in its fiscal third quarter ended May 8 that included a "few hundred million dollars" of extra holiday merchandise and being a "little heavy" on small appliances and household items.
Nvidia investors will soon find out exactly how important crypto-mining sales are to the company's business.
The U.S. baby formula crisis has boosted profits at Britain's Reckitt Benckiser and helped it grab the top spot in a $5.8 billion-a-year market. Reckitt has ramped up production of its Enfamil formula since U.S. rival Abbott Laboratories in February recalled dozens of products in the United States after customers complained of infants contracting bacterial infections. The British consumer goods company, which boosted formula production by 30%, told Reuters last week it now accounted for more than 50% of total baby formula supply in United States, up from around a third before the crisis.
The technology sector is composed of businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world, such as Apple Inc., Microsoft Corp., and Amazon.com Inc. Tech stocks, represented by the Technology Select Sector SPDR Fund (XLK), have outperformed the broader market over the past year.
The Beachbody Company Co-Founder, Chairman, and CEO Carl Daikeler sits down with Yahoo Finance Live to talk about at-home workout trends, the fitness brand's emphasis on lifestyle choices, and the movement toward workers seeking better physical and mental health management.
There is little relief in sight, too, or rather the prescriptions for gaining control of rampant inflation are almost as pernicious as rising prices for basic goods and services. The environment has made it more advantageous to invest in exploration once more and is one of the reasons I think oil majors like ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) are excellent investments.
(Bloomberg) -- Thomas Kurian, the head of Google’s cloud division, said the company’s work with oil giant Saudi Aramco doesn’t include oil production, offering some of his first public comments on the controversial deal. Most Read from BloombergUkraine Latest: US Slams Putin’s Food-for-Sanctions Relief PlanFord Beats Tesla to the Punch With First Electric F-150 DeliveryTop Gun: Maverick's F-18 Flights Cost New Tom Cruise Film $11,374 an HourRare Ship-to-Ship Transfers Keep Oil Moving From Russia
HOUSTON (Reuters) -Oil prices rose on Friday, closing out the week with gains ahead of the U.S. Memorial Day holiday weekend, the start of peak U.S. demand season, and as European nations negotiate over whether to impose an outright ban on Russian crude oil. Brent crude rose $2.03, or 1.7%, to settle at $119.43. U.S. West Texas Intermediate (WTI) crude rose 98 cents, or 0.9%, to settle at $115.07 a barrel.
A federal report warned Friday that China's determination to be agriculturally dominant poses a significant economic and security threat to the United States.
Crude oil markets have been bullish again this week, as it looks like we are ready to continue seeing rising prices in both grades that I follow.