Stratistics MRC’s Global Animal Healthcare Market value expected to reach $235.28 billion growing at a CAGR of 6.8% during 2020-2028.
Animal healthcare is a role of preserving, guiding, and protecting animals from multiple diseases and implementing them vital veterinary services to improve their lifespan and yield. It focuses on effective animal health management through diagnosis and treatment of various diseases in animals. There are various governments and private corporations globally that are operating towards the improvement of the Animal Healthcare sector.
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By geography, North America is expected to have significant growth during the forecast period, owing to the significant rise in the number of pet animal acceptance in the U.S., wide range of products available of animal care, advanced technologies including genomics, biotech, and artificial intelligence (AI), strict government rules and regulations, and ongoing projects.
Some of the key players profiled in the Animal Healthcare Market include Hester Biosciences Ltd., Evonik Industries, Sanofi S.A., Bayer AG, Virbac SA, Intas Pharmaceuticals Ltd., Zoetis, Inc., Ceva Santé Animale, Norbrook Laboratories Limited, Boehringer Ingelheim GmbH, Merck & Co. Inc., Vetiquinol S.A., Cargill Inc., Phibro Animal Health Corporation, Nutreco N.V., Eli Lilly and Company, Koninklijke DSM N.V., and SeQuent Scientific Ltd.
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2028 Animal Healthcare Industry Report Growth Forecasts
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