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Elanco Animal Health Receives Mixed Analyst Ratings Amid Institutional Investor Interest

Elanco Animal Health, primarily owned by institutional investors, specializes in products for pets and farm animals, including vaccines and therapeutics. Analysts have mixed ratings on the stock, with a consensus "Hold" and a price target averaging $16.75, while recent earnings showed a slight revenue decline year-over-year. The company has a market cap of $6.18 billion and reported a quarterly EPS of $0.13, surpassing estimates.
14:10 09.12.2024

livestock healthcare market poised for significant growth driven by disease prevention and technology

emerging trends shaping the future of animal healthcare market

The global animal healthcare market is set to grow significantly, projected to reach USD 5,759.3 billion by 2032, driven by increased pet ownership, rising awareness of animal health, and technological advancements. Key trends include a shift towards organic solutions, personalized care, and sustainable products, alongside a surge in demand for veterinary services and livestock health. Major players are focusing on innovation and strategic partnerships to enhance their market presence.

equine healthcare market projected to reach 11.70 billion by 2031

The Equine Healthcare Market is projected to grow from USD 3.36 billion in 2023 to USD 11.70 billion by 2031, achieving a CAGR of 16.9%. This comprehensive report analyzes market drivers, competitive landscapes, and regional trends, providing insights for stakeholders and highlighting key players like Zoetis Inc. and Merck Animal Health.

equine healthcare market projected to grow at 4.2 percent through 2031

The Equine Healthcare Market is projected to grow at a CAGR of 4.2% from 2024 to 2031, driven by rising demand for veterinary care, advanced treatments, and preventive measures for horses. Key players include Purina Animal Nutrition, Elanco Animal Health, and Boehringer Ingelheim, focusing on products like vaccines, pharmaceuticals, and diagnostics. The market"s expansion is fueled by increased awareness of equine health, growth in the equestrian sports industry, and advancements in veterinary technologies.

germany's veterinary market poised for growth with advanced care and technology

Germany's veterinary market is characterized by advanced diagnostic technologies and a high standard of care, with a projected growth rate of 5.95% from 2023 to 2033. Key players include Boehringer Ingelheim and Zoetis, while the livestock segment is expected to dominate due to its significance in the agricultural economy. The market faces challenges such as high service costs and regulatory hurdles, but increasing awareness of animal health drives demand for veterinary services.

global livestock healthcare market projected to reach 79.39 billion by 2028

The global livestock healthcare market is projected to grow from $50.74 billion in 2023 to $79.39 billion by 2028, with a CAGR of 9.6%. This growth is driven by increasing livestock populations, rising demand for animal products, and the need for effective disease prevention and management strategies. Key players include Merck, Zoetis, and Bayer, with technological advancements enhancing market dynamics.

global pet healthcare market projected to reach 353 billion by 2028

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