Animal Health Trends. Animals regularly require adequate care from their owners in order to have a good health. The global animal health market size was valued at usd 50.89 billion in 2020 and is expected to grow at a compound annual growth rate (cagr) of 8.8% during the forecast period.
Apac Animal Health Market Global Forecast To 2025 Marketsandmarkets from www.marketsandmarkets.com The global animal health market size stood at usd 41.50 billion in 2018 and is projected to reach usd 67.56 billion by 2026, exhibiting a cagr of 6.3% during the forecast period. And we humans continue to find new, innovative ways to live alongside the animals in our lives. Animal healthcare market is projected to expand at a compound annual. Following the pandemic, the market is estimated to rebound from 2021 to 2027 during the forecast period; Weekly news roundup 3/19 to 3/25.
According to the latest report by imarc group, titled animal health market:
In late 2006, careful observation of satellite data by a team of researchers (including nasa and who) accurately predicted the outbreak of rift valley fever in east africa. Invasive species help drive global pet trade, dog chemo for a fox, and pet owners may be heading back to the office—with their pets. The global animal health market reached a value of us$ 48.1 billion in 2020. Animal healthcare market size was valued at around usd 139 billion in 2020 and is predicted to grow at over 4.7% cagr from 2021 to 2027. Sales mix for pet and animal health care products in the u.s., companion animals vs. Animals regularly require adequate care from their owners in order to have a good health.
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