The livestock healthcare market is projected to grow from $50.74 billion in 2023 to $79.39 billion by 2028, driven by rising livestock populations, intensifying farming practices, and increasing awareness of zoonotic diseases. Key trends include technological innovations, biosecurity measures, and a focus on animal welfare. Major players in the market include Merck, Zoetis, and Bayer, among others, as they adapt to evolving disease landscapes and consumer demands.
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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