Middle East & Africa Companion Animal Ear Infection Treatment Market Size & Outlook
Middle East & Africa companion animal ear infection treatment market, 2018-2030 (US$M)
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MEA companion animal ear infection treatment market highlights
- The MEA companion animal ear infection treatment market generated a revenue of USD 10.6 million in 2023.
- The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, anti-bacterial was the largest revenue generating product in 2023.
- Anti-fungal is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 10.6 million |
| Market revenue in 2030 | USD 17.9 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Anti-bacterial |
| Fastest growing segment | Anti-fungal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-bacterial, Anti-fungal, Corticosteroids, Others (Acaricidals, Cyclosporins) |
| Key market players worldwide | Zoetis, Elanco Animal Health Inc, Dechra Pharmaceuticals, Merck & Co Inc, Vetoquinol SA, Virbac SA, CEVA Inc, Penn Veterinary Supply Inc, Vedco |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.7% of the global companion animal ear infection treatment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 259.8 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Companion Animal Ear Infection Treatment Market Scope
Companion Animal Ear Infection Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa companion animal ear infection treatment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to companion animal ear infection treatment market will help companies and investors design strategic landscapes.
Anti-bacterial was the largest segment with a revenue share of 44.34% in 2023. Horizon Databook has segmented the Middle East & Africa companion animal ear infection treatment market based on anti-bacterial, anti-fungal, corticosteroids, others (acaricidals, cyclosporins) covering the revenue growth of each sub-segment from 2018 to 2030.
The companion animal ear infection treatment market in MEA is fueled by increasing number of government animal healthcare organizations and rising awareness about veterinary health. In addition, growing trend of pet humanization and willingness of owners to spend on pet animals is likely to drive the market.
Moreover, according to Euro Monitor International, in 2019, the impact of pet owners treating their pets as a family member has reflected the high spending pattern of owners, especially in this region. Several organizations, such as A New Hope Dog Rescue in South Africa, aim to rescue, rehabilitate, adopt, and re-home dogs. Such initiatives undertaken by organizations to protect pet animals are further driving the market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa companion animal ear infection treatment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa companion animal ear infection treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA companion animal ear infection treatment market size, by country, 2018-2030 (US$M)
Middle East & Africa Companion Animal Ear Infection Treatment Market Outlook Share, 2023 & 2030 (US$M)
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