Veterinary Medicine Market to Signify Strong Growth by 2022-2028

 

The global veterinary medicine market is expected to grow at a CAGR of 7.5% during the forecast period (2022-2028). A significant rise in zoonotic and chronic disease cases is the major factor driving the market growth. The global livestock population has also been rapidly increasing over the last few decades. According to the United States Department of Agriculture (USDA), there were approximately 103 million cattle and 32.05 million beef cows in the US in July 2020, with the number expected to increase significantly in the coming years. Furthermore, rising R&D for animal vaccines, rising pet adoption rates, rising meat consumption, and mandatory vaccination are expected to boost the demand for veterinary pharmaceuticals and vaccines in the near future. 

Some of the key players profiled in the study are Ceva Sante Animale, Vetoquinol S.A., and Zoetis Inc., among others.

Veterinary Medicine Market Segmentation:

By Product 

• Biologics
• Pharmaceuticals

By Animal Type 

• Production
• Companion

By Mode of Delivery 

• Oral
• Parenteral

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key questions answered in this report:

• What is the size of the Veterinary Medicine market and what is its expected growth rate?
• What are the primary driving factors that push the Veterinary Medicine Market forward?
• What are the Veterinary Medicine Industry’s top companies?
• What are the different categories that the Veterinary Medicine Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Veterinary Medicine Market sample report and company profiles?