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Healthcare and Pharmaceuticals industry

Over The Counter Veterinary Drug Market 2020 By Manufacturers, Regions, Type, And Application, Forecast To 2026

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Summary

The global Over The Counter Veterinary Drug Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019. 

Overview:

Over-The-Counter (OTC) veterinary drugs (or non-prescription drugs) are drugs that are available without a prescription. These drugs are used primarily to treat conditions that do not require direct consultation of a doctor. Moreover, over-the-counter drugs are safe and effective when a consumer follows the directions on the label or is provided by a doctor. The global over-the-counter veterinary drug market is divided into six regions, such as North America, South America, Asia Pacific, Europe, Middle East, and Africa.

Drivers:

Increasing patent expiration rates and shift from Rx (prescription drugs) to OTC by major pharmaceutical manufacturers are expected to propel growth of the global over-the-counter veterinary drug market during the forecast period. Rx to OTC switch is the transfer of proven prescription drugs to nonprescription, OTC status. In February 2020, the United States Food and Drug Administration (FDA) converted three prescription drugs to over-the-counter drugs, increasing access to the medicines. Moreover, the growing population, rising companion animal ownership, growing trend of self-medication in developing economies, and increasing awareness among people is expected to drive the global over-the-counter veterinary drug market growth.

Restraint:

Stringent regulations regarding OTC drugs and substance abuse related issues are expected to impede the global over-the-counter veterinary drug market growth.

Opportunities:

Increasing adoption of OTC drugs due to availability and affordability offers significant opportunities for key players active in the market.

Regional Insights:

North America is expected to witness robust growth in the global over-the-counter veterinary drug market due to the shift from Rx to OTC by major pharmaceutical manufacturers and the availability of OTC drugs in the region. According to the National Institute of Health, around 85% of parents in the U.S. prefer OTC drugs to treat minor illnesses of their children before seeking professional care.

Competitive Section:

Key players involved in the global over-the-counter veterinary drug market are Dechra Pharmaceuticals, C. H. Boehringer Sohn, Soparfin, Sanofi, Bayer, Virbac, Eli Lilly, Zoetis, Hamdard Laboratories, and Merck.

In September 2020, Hamdard Laboratories launched six new OTC drugs to treat common illnesses such as cold and cough.

In September 2020, Dr. Reddy's Laboratories launched an over-the-counter eye allergy drop Olopatadine Hydrochloride Ophthalmic Solution in the United States.

In August 2020, Amazon launched an online pharmacy, Amazon Pharmacy, in India to offer both over-the-counter (OTC) and prescription (Rx) drugs.

The Over The Counter Veterinary Drug Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Over The Counter Veterinary Drug Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.

The Key Manufacturers covered in this Report:-

  • Merck
  • Zoetis
  • Eli Lilly
  • Virbac
  • Bayer
  • Sanofi
  • Soparfin SCA
  • C. H. Boehringer Sohn
  • Dechra Pharmaceuticals

By the Product Type, the market is primarily segmented into:

  • Topical Drug
  • Oral Drug
  • Injectable Drug

By Applications, the market is segmented into:

  • Veterinary Hospital
  • Veterinary Clinic
  • Others

The Report covers the following Regions:

  • North America
    • United States
    • Canada
    • Mexico
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Indonesia
    • Thailand
    • Malaysia
    • Philippines
    • Vietnam
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Turkey
    • GCC Countries
    • Egypt
    • South Africa

Objective of the Over The Counter Veterinary Drug Market Report:

  • To assess the size of the market by value and volume
  • Analyze the Over The Counter Veterinary Drug Market in terms of regions and major countries
  • Highlight recent developments and trends in the market
  • Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
  • Determine share of the Over The Counter Veterinary Drug Market in terms of various segments such as by product type, application, and end-user
  • Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
  • Discuss major factors that impact growth of the Over The Counter Veterinary Drug Market

The Over The Counter Veterinary Drug Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Over The Counter Veterinary Drug Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.

For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders:

  • Material suppliers/wholesalers
  • Market Distributors/traders
  • Regulatory bodies
  • Research organizations, and consulting firms
  • Commercial research & developments (R&D)
  • Trade associations and industry bodies
  • Importers and exporters
  • End-use industries

Available Customizations:

Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Over-The-Counter Veterinary Drug Market Size Growth Rate by Type (2014-2025)
1.4.2 Topical Drug
1.4.3 Oral Drug
1.4.4 Injectable Drug
1.5 Market by Application
1.5.1 Global Over-The-Counter Veterinary Drug Market Share by Application (2019-2025)
1.5.2 Veterinary Hospital
1.5.3 Veterinary Clinic
1.5.4 Others
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Over-The-Counter Veterinary Drug Market Size
2.2 Over-The-Counter Veterinary Drug Growth Trends by Regions
2.2.1 Over-The-Counter Veterinary Drug Market Size by Regions (2019-2025)
2.2.2 Over-The-Counter Veterinary Drug Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis

3 Market Share by Key Players
3.1 Over-The-Counter Veterinary Drug Market Size by by Players
3.1.1 Global Over-The-Counter Veterinary Drug Revenue by by Players (2014-2019)
3.1.2 Global Over-The-Counter Veterinary Drug Revenue Market Share by by Players (2014-2019)
3.1.3 Global Over-The-Counter Veterinary Drug Market Concentration Ratio (CR5 and HHI)
3.2 Over-The-Counter Veterinary Drug Key Players Head office and Area Served
3.3 Key Players Over-The-Counter Veterinary Drug Product/Solution/Service
3.4 Date of Enter into Over-The-Counter Veterinary Drug Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application
4.1 Global Over-The-Counter Veterinary Drug Market Size by Type (2014-2019)
4.2 Global Over-The-Counter Veterinary Drug Market Size by Application (2014-2019)

5 North America
5.1 North America Over-The-Counter Veterinary Drug Market Size (2014-2019)
5.2 Over-The-Counter Veterinary Drug Key Players in North America
5.3 North America Over-The-Counter Veterinary Drug Market Size by Type
5.4 North America Over-The-Counter Veterinary Drug Market Size by Application

6 Europe
6.1 Europe Over-The-Counter Veterinary Drug Market Size (2014-2019)
6.2 Over-The-Counter Veterinary Drug Key Players in Europe
6.3 Europe Over-The-Counter Veterinary Drug Market Size by Type
6.4 Europe Over-The-Counter Veterinary Drug Market Size by Application

7 Asia-Pacific
7.1 Asia-Pacific Over-The-Counter Veterinary Drug Market Size (2014-2019)
7.2 Over-The-Counter Veterinary Drug Key Players in Asia-Pacific
7.3 Asia-Pacific Over-The-Counter Veterinary Drug Market Size by Type
7.4 Asia-Pacific Over-The-Counter Veterinary Drug Market Size by Application

8 International Players Profiles
8.1 Merck
8.1.1 Merck Company Details
8.1.2 Company Description and Business Overview
8.1.3 Over-The-Counter Veterinary Drug Introduction
8.1.4 Merck Revenue in Over-The-Counter Veterinary Drug Business (2014-2019))
8.1.5 Merck Recent Development
8.2 Zoetis
8.2.1 Zoetis Company Details
8.2.2 Company Description and Business Overview
8.2.3 Over-The-Counter Veterinary Drug Introduction
8.2.4 Zoetis Revenue in Over-The-Counter Veterinary Drug Business (2014-2019)
8.2.5 Zoetis Recent Development
8.3 Eli Lilly
8.3.1 Eli Lilly Company Details
8.3.2 Company Description and Business Overview
8.3.3 Over-The-Counter Veterinary Drug Introduction
8.3.4 Eli Lilly Revenue in Over-The-Counter Veterinary Drug Business (2014-2019)
8.3.5 Eli Lilly Recent Development
8.4 Virbac
8.4.1 Virbac Company Details
8.4.2 Company Description and Business Overview
8.4.3 Over-The-Counter Veterinary Drug Introduction
8.4.4 Virbac Revenue in Over-The-Counter Veterinary Drug Business (2014-2019)
8.4.5 Virbac Recent Development
8.5 Bayer
8.5.1 Bayer Company Details
8.5.2 Company Description and Business Overview
8.5.3 Over-The-Counter Veterinary Drug Introduction
8.5.4 Bayer Revenue in Over-The-Counter Veterinary Drug Business (2014-2019)
8.5.5 Bayer Recent Development
8.6 Sanofi
8.6.1 Sanofi Company Details
8.6.2 Company Description and Business Overview
8.6.3 Over-The-Counter Veterinary Drug Introduction
8.6.4 Sanofi Revenue in Over-The-Counter Veterinary Drug Business (2014-2019)
8.6.5 Sanofi Recent Development
8.7 Soparfin SCA
8.7.1 Soparfin SCA Company Details
8.7.2 Company Description and Business Overview
8.7.3 Over-The-Counter Veterinary Drug Introduction
8.7.4 Soparfin SCA Revenue in Over-The-Counter Veterinary Drug Business (2014-2019)
8.7.5 Soparfin SCA Recent Development
8.8 C. H. Boehringer Sohn
8.8.1 C. H. Boehringer Sohn Company Details
8.8.2 Company Description and Business Overview
8.8.3 Over-The-Counter Veterinary Drug Introduction
8.8.4 C. H. Boehringer Sohn Revenue in Over-The-Counter Veterinary Drug Business (2014-2019)
8.8.5 C. H. Boehringer Sohn Recent Development
8.9 Dechra Pharmaceuticals
8.9.1 Dechra Pharmaceuticals Company Details
8.9.2 Company Description and Business Overview
8.9.3 Over-The-Counter Veterinary Drug Introduction
8.9.4 Dechra Pharmaceuticals Revenue in Over-The-Counter Veterinary Drug Business (2014-2019)
8.9.5 Dechra Pharmaceuticals Recent Development

9 Market Forecast 2019-2025
9.1 Market Size Forecast by Product (2019-2025)
9.2 Market Size Forecast by Application (2019-2025)
9.3 Market Size Forecast by Regions
9.4 North America
9.5 Europe
9.6 Asia-Pacific

10 Analyst's Viewpoints/Conclusions

11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Disclaimer
11.3 Author Details

List of Table
List of Tables and Figures

Table Over-The-Counter Veterinary Drug Key Market Segments
Table Key Players Over-The-Counter Veterinary Drug Covered
Table Global Over-The-Counter Veterinary Drug Market Size Growth Rate by Type 2018-2025 (Million US$)
Figuer Topical Drug Figures
Table Key Players of Topical Drug
Figuer Oral Drug Figures
Table Key Players of Oral Drug
Figuer Injectable Drug Figures
Table Key Players of Injectable Drug
Table Global Over-The-Counter Veterinary Drug Market Size Growth by Application 2019-2025 (Million US$)
Figure Global Over-The-Counter Veterinary Drug Market Share by Application in 2018 & 2025
Figure Veterinary Hospital Case Studies
Figure Veterinary Clinic Case Studies
Figure Others Case Studies
Figure Over-The-Counter Veterinary Drug Report Years Considered
Figure Global Over-The-Counter Veterinary Drug Market Size and Growth Rate 2014-2025 (Million US$)
Table Global Over-The-Counter Veterinary Drug Market Size by Regions 2019-2025 (Million US$)
Table Global Over-The-Counter Veterinary Drug Market Size by Regions 2019-2025 (Million US$)
Table Global Over-The-Counter Veterinary Drug Market Share by Regions 2014-2019
Figure Global Over-The-Counter Veterinary Drug Market Share by Regions 2014-2019
Figure Global Over-The-Counter Veterinary Drug Market Share by Regions in 2018
Table Market Top Trends
Table Key Drivers: Impact Analysis (2019-2025)
Table Key Challenges
Figure PORTER'S FIVE FORCES ANALYSIS
Table Global Over-The-Counter Veterinary Drug Revenue by by Players (2014-2019) (Million US$)
Table Global Over-The-Counter Veterinary Drug Market Share by by Players (2014-2019)
Figure Global Over-The-Counter Veterinary Drug Market Share by by Players in 2018
Table Global Over-The-Counter Veterinary Drug by Players Market Concentration Ratio (CR5 and HHI)
Table Key Players Head office and Area Served
Table Key Players Over-The-Counter Veterinary Drug Product/Solution/Service
Table Date of Enter into Over-The-Counter Veterinary Drug Market
Table Mergers & Acquisitions, Expansion Plans
Table Global Over-The-Counter Veterinary Drug Market Size by Type (2014-2019) (Million US$)
Table Global Over-The-Counter Veterinary Drug Market Size Share by Type (2014-2019)
Figure Global Over-The-Counter Veterinary Drug Market Size Market Share by Type (2014-2019)
Table Global Over-The-Counter Veterinary Drug Market Size by Application (2014-2019) (Million US$)
Table Global Over-The-Counter Veterinary Drug Market Size Share by Application (2014-2019)
Figure Global Over-The-Counter Veterinary Drug Market Size Market Share by Application (2014-2019)
Figure Global Over-The-Counter Veterinary Drug Revenue Market Share by Application in 2018
Figure North America Over-The-Counter Veterinary Drug Market Size 2014-2019 (Million US$)
Table North America Key Players Over-The-Counter Veterinary Drug Revenue (2018-2019) (Million US$)
Table North America Key Players Over-The-Counter Veterinary Drug Market Share (2018-2019)
Table North America Over-The-Counter Veterinary Drug Market Size by Type 2014-2019 (Million US$)
Table North America Over-The-Counter Veterinary Drug Market Share by Type 2014-2019
Table North America Over-The-Counter Veterinary Drug Market Size by Application 2014-2019 (Million US$)
Table North America Over-The-Counter Veterinary Drug Market Share by Application 2014-2019
Figure Europe Over-The-Counter Veterinary Drug Market Size 2014-2019 (Million US$)
Table Europe Key Players Over-The-Counter Veterinary Drug Revenue (2018-2019) (Million US$)
Table Europe Key Players Over-The-Counter Veterinary Drug Market Share (2018-2019)
Table Europe Over-The-Counter Veterinary Drug Market Size by Type 2014-2019 (Million US$)
Table Europe Over-The-Counter Veterinary Drug Market Share by Type 2014-2019
Table Europe Over-The-Counter Veterinary Drug Market Size by Application 2014-2019 (Million US$)
Table Europe Over-The-Counter Veterinary Drug Market Share by Application 2014-2019
Figure Asia-Pacific Over-The-Counter Veterinary Drug Market Size 2014-2019 (Million US$)
Table Asia-Pacific Key Players Over-The-Counter Veterinary Drug Revenue (2018-2019) (Million US$)
Table Asia-Pacific Key Players Over-The-Counter Veterinary Drug Market Share (2018-2019)
Table Asia-Pacific Over-The-Counter Veterinary Drug Market Size by Type 2014-2019 (Million US$)
Table Asia-Pacific Over-The-Counter Veterinary Drug Market Share by Type 2014-2019
Table Asia-Pacific Over-The-Counter Veterinary Drug Market Size by Application 2014-2019 (Million US$)
Table Asia-Pacific Over-The-Counter Veterinary Drug Market Share by Application 2014-2019
Table Merck Company Details
Table Merck Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure Merck Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table Merck Recent Development
Table Zoetis Company Details
Table Zoetis Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure Zoetis Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table Zoetis Recent Development
Table Eli Lilly Company Details
Table Eli Lilly Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure Eli Lilly Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table Eli Lilly Recent Development
Table Virbac Company Details
Table Virbac Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure Virbac Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table Virbac Recent Development
Table Bayer Company Details
Table Bayer Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure Bayer Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table Bayer Recent Development
Table Sanofi Company Details
Table Sanofi Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure Sanofi Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table Sanofi Recent Development
Table Soparfin SCA Company Details
Table Soparfin SCA Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure Soparfin SCA Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table Soparfin SCA Recent Development
Table C. H. Boehringer Sohn Company Details
Table C. H. Boehringer Sohn Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure C. H. Boehringer Sohn Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table C. H. Boehringer Sohn Recent Development
Table Dechra Pharmaceuticals Company Details
Table Dechra Pharmaceuticals Revenue in Over-The-Counter Veterinary Drug Business 2014-2019 (Million US$)
Figure Dechra Pharmaceuticals Revenue Growth Rate in Over-The-Counter Veterinary Drug Business (2014-2019)
Table Dechra Pharmaceuticals Recent Development
Table Global Over-The-Counter Veterinary Drug Market Size by Regions (Million US$) 2019-2025
Figure Global Over-The-Counter Veterinary Drug Market Size Share by Regions (2019-2025)
Figure Global Over-The-Counter Veterinary Drug Market Size Share by Regions in 2025
Figure North America Over-The-Counter Veterinary Drug Market Size Forecast (2019-2025)(Million USD)
Figure Europe Over-The-Counter Veterinary Drug Market Size Forecast (2019-2025)(Million USD)
Figure Asia-Pacific Over-The-Counter Veterinary Drug Market Size Forecast (2019-2025)(Million USD)
Table Global Over-The-Counter Veterinary Drug Market Size by Product (2019-2025) (Million US$)
Figure Global Over-The-Counter Veterinary Drug Market Size by Product (2019-2025)
Figure Global Over-The-Counter Veterinary Drug Market Size by Product in 2025
Table Global Over-The-Counter Veterinary Drug Market Size by Application (2019-2025) (Million US$)
Figure Global Over-The-Counter Veterinary Drug Market Size by Application (2019-2025)
Figure Global Over-The-Counter Veterinary Drug Market Size by Application in 2025
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources

 

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Frequently Asked Questions

The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Mn Units).
Market is segmented by Product Types, Drug Class, Indication, Applications, Services Types, End-users, Distribution channel, and Regions.
The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, pipeline Analysis, incidence rate, epidemiology analysis, prevalence rate, regulatory scenario, industry trend, PESTLE analysis, PORTER’s analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, export-import analysis, trade analysis, competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment related decisions.
Custom research is crucial components of the business strategy which helps any organization to gain insight into specific business sector, aligned with specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

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