The global livestock healthcare market is projected to grow from $50.74 billion in 2023 to $79.39 billion by 2028, with a CAGR of 9.6%. This growth is driven by increasing livestock populations, rising demand for animal products, and the need for effective disease prevention and management strategies. Key players include Merck, Zoetis, and Bayer, with technological advancements enhancing market dynamics.
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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