Animal Health Market –Opportunity Analysis And Forecast 2028

Market Overview MRFR (Market Research Future) expects the animal health market to soar at a rate of 5.7% between 2018 and 2023 (evaluation period). Top Drivers and Deterrents In the past decade, the animal health industry has been growing tremendously, thanks to the dramatic increase in zoonotic as well as food-borne diseases along with the surging demand for protein food. The unprecedented growth in the number of animal diseases has prompted firms to focus on launching more advanced drugs and vaccines, which have been favorable for the global market. Most of the companies are ramping up their efforts to cut down the number of food-borne diseases along with pathogen contamination risks, which should foster the growth of the animal health market in the following years.

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