June 2, 2023

The Bovine Mastitis Market 2023 Size Forecast to 2030 research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.

The global bovine mastitis market size was valued at USD 1.23 billion in 2019 and is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.2% during the forecast period.Globally, with the rise in number of dairy herds, the incidence of bovine mastitis is rising rapidly every year. According to the Cornell University College of Veterinary Medicine, the global incidence of clinical mastitis is approximately 0 to 200 cases per 100 cows annually. Various regional studies have narrowed down the estimated incidence of clinical mastitis in the range of 25 to 30 cases per 100 cows annually. This rising incidence is resulting in significant economic loss to dairy industry in terms of lower milk production, reduced milk quality, and leading to high cost of bovine mastitis treatment. According to the research published by the University of Glasgow, mastitis is estimated to cost around USD 19.7 billion to USD 30.0 billion to the global dairy industry annually. Bovine Mastitis Market Size, Share & COVID-19 Impact Analysis, By Type (Clinical, and Sub-Clinical), By Product (Antibiotics, and Others), By Route of Administration (Intramammary, and Systemic), By Therapy (Lactating Period and Dry Period {Antibiotics, and Others}) and Regional Forecast, 2020-2027

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Market Growth Drivers:

Bovine mastitis has become one of the serious concerns in the dairy industries across the globe. The dairy farmers are facing high monetary losses with the rise in the incidence of this cases in cattle every year. For instance, according to the research article published by the Journal of Dairy Science in 2017, 31 cases of clinical mastitis were reported in 100 cows per year in U.S. dairy herds. The cost was around USD 350 to USD 500 per case.

This includes direct and indirect costs such as diagnostics, milk loss, veterinary services, labor, future milk production losses, and therapeutics, among others. The direct losses due to clinical mastitis are lower, as compared to indirect losses. Also, according to various regional and national estimates, an estimated 10% – 12% of total cost of mastitis per case, is associated with therapeutics.

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Who are the Major Bovine Mastitis Market Vendors?

  • Zoetis (New Jersey, U.S.)
  • Merck & Co., Inc. (MSD Animal Health) (New Jersey, U.S.)
  • Boehringer Ingelheim International GmbH (Ingelheim am Rhein, Germany)
  • Bayer AG (Leverkusen, Germany)
  • Elanco (Indiana, U.S.)
  • Ceva (Libourne, France)
  • West Way Health (Galway, Ireland)
  • Others

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favourable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period [2022 – 2029].

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