In recent years, the global animal health market has seen growth due to a number of factors, including a rise in the number of people owning pets, an increase in the demand for protein, and an increase in the number of zoonotic disease incidences. According to the research report Global Animal Health Market: Analysis By Type (Farm, Companion), By Products (Biologicals, Pharmaceuticals, Feed Additives), By Route of Drug Administration (Oral, Parenteral, Topical, Transdermal), By Distribution Channel (Retail, E-commerce, Veterinary Hospital, Clinic), By Region, By Country: Opportunities and Forecast (2013-2023), this market is now expected to have high growth through to 2023 represented by a CAGR of 5.63%, and demand will go up not only because of factors already mentioned, but also because of society’s increased focus on food safety and animal welfare, more opportunities in emerging markets and also consolidation within the global animal health market.
“Global Animal Health Market projections to 2023.“
The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. It also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global animal health market, and highlights market entry strategies for various companies across the globe.