The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
equine healthcare market projected to grow at 4.2 percent through 2031
The Equine Healthcare Market is projected to grow at a CAGR of 4.2% from 2024 to 2031, driven by rising demand for veterinary care, advanced treatments, and preventive measures for horses. Key players include Purina Animal Nutrition, Elanco Animal Health, and Boehringer Ingelheim, focusing on products like vaccines, pharmaceuticals, and diagnostics. The market"s expansion is fueled by increased awareness of equine health, growth in the equestrian sports industry, and advancements in veterinary technologies.
global animal healthcare market projected to reach 78.6 billion by 2030
The Global Animal Healthcare Market, valued at USD 42.8 billion in 2023, is projected to reach USD 78.6 billion by 2030, growing at a CAGR of 9.2%. This growth is driven by rising healthcare expenses in farms, increased demand for protein-rich foods, and the adoption of vaccines and feed additives to combat animal diseases. Key players include Zoetis Inc., Merck & Co. Inc., and Bayer AG, with significant trends in OTC and generic drugs for animals.
global pet healthcare market projected to reach 353 billion by 2028
The global pet healthcare market is projected to grow from $239.29 billion in 2023 to $255.96 billion in 2024, with a CAGR of 7.0%. Key drivers include an increasing pet population, advancements in veterinary care, and a focus on preventive health. By 2028, the market is expected to reach $353.66 billion, driven by trends such as pet humanization and economic prosperity.
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