CHICAGO, July 9, 2024
/PRNewswire/ -- The global udder health market is expected to
grow from USD 1.2 billion in 2024 to
USD 1.6 billion by 2029, at a CAGR of
5.9%. The udder health market is experiencing growth driven by
increasing investments and government funding, alongside a rising
number of veterinarians in developing countries. However, the
market faces challenges due to lack of awareness among small-scale
dairy farmers. Key drivers include the prevalence of bovine
mastitis and other udder health disorders, necessitating advanced
diagnostics and treatments. Opportunities arise from increasing per
capita income among farmers in developing nations, while regulatory
controls pose challenges for market players. Major companies in the
market include Vetoquinol S.A., Zoetis Inc., Merck & Co., Inc.,
Virbac, Ecolab, and Boehringer Ingelheim GmbH.
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DeLaval (Sweden): Leader in
Dairy Farming Solutions
DeLaval, headquartered in Tumba, Sweden, specializes in dairy farming solutions
globally. The company focuses on milking equipment, hygiene
products, and farm supplies across over 100 markets, with notable
operations in dairy-rich regions like the USA, Canada,
and China. Acquiring Milkrite |
InterPlus in 2020 expanded DeLaval's portfolio in milking point
solutions, solidifying its position as a global leader in the dairy
industry.
Zoetis Inc. (US): Global Leader in Animal Health
Zoetis, a leading global entity in animal health based in the
US, develops, manufactures, and markets vaccines and medicines for
livestock and companion animals. With operations spanning 70
countries and products available in over 120 countries, Zoetis is
known for its comprehensive portfolio in intramammary antibiotic
therapies critical for treating mastitis in dairy cows. Recent
expansions, such as acquiring a manufacturing site in Melbourne, Australia, underscore Zoetis'
commitment to enhancing global operations and product
offerings.
Boehringer Ingelheim GmbH (Germany): Prominent in Animal Health
Boehringer Ingelheim, a renowned pharmaceutical company based in
Germany, focuses on human and
animal health. Within its Animal Health segment, the company offers
a wide range of pharmaceutical care products, including
parasiticides for food-producing and companion animals. With a
presence in 146 subsidiaries worldwide, Boehringer Ingelheim
maintains a strong global footprint and emphasizes innovation in
biological and pharmaceutical solutions for animal health.
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Product Segmentation: Supplements Gain Traction
The udder health market is segmented by product type into
devices, pharmaceuticals, and supplements. As of 2023, the
supplements segment held the third largest market share. This
growth is driven by increased adoption among dairy farmers seeking
comprehensive udder health support.
Type Segmentation: Dairy Farms Dominate
In terms of veterinary care setting, the market includes dairy
farms and veterinary hospitals and clinics. In 2023, dairy farms
accounted for the largest share due to rising mastitis cases among
dairy cattle. To combat this, dairy farms are investing in advanced
technologies for early detection and efficient treatment of
mastitis.
Animal Type Segmentation: Dairy Cattle Lead
The udder health market is divided by animal type into dairy
cattle and other animals. Dairy cattle held the largest market
share in 2023. This dominance is attributed to intensive management
practices for milk production, heightened susceptibility to udder
infections, and increased adoption of advanced health management
practices among dairy farmers.
Disease Type Segmentation: Clinical Mastitis Shows Rapid
Growth
Among disease types, the clinical mastitis segment demonstrated
the fastest CAGR in 2023. This growth is fueled by its significant
impact on dairy production, including reduced milk yield and higher
treatment costs. Increased awareness and technological advancements
contribute to the prominence of clinical mastitis management in the
market.
Regional Insights: APAC Emerges as a Key Market
Geographically, APAC held the third largest market share in
2023. This leadership is bolstered by government support for dairy
farming, advancements in veterinary healthcare infrastructure, and
technological innovations. These factors collectively foster a
conducive environment for the adoption of udder health solutions,
driving market growth in the region.
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Companies and Udder Health Market Share
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