GLOBAL CANINE INFLUENZA VACCINE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Canine Influenza Vaccine Market, By Vaccine Type (Recombinant Vaccines, Inactivated Vaccines, and Others), By Virus Type (H3N8 virus and H3N2 virus), By Distribution Channel (Public and Private), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Apr 2024
Code : CMI6932
Pages :169
Formats :
Excel and PDF
Industry : Biotechnology

Market Concentration and Competitive Landscape

Global Canine Influenza Vaccine Market Concentration By Players

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Growing Pet Ownership

Pet ownership has been steadily increasing, with more people considering their pets as family members and seeking quality healthcare for them. This trend has led to a rise in the demand for veterinary services and treatments, including for canine influenza vaccine. Pet owners are increasingly willing to spend on their pets' healthcare, driving the market for effective treatment. According to American Pet Products Association statistics, in April 2023, over the past three decades, pet ownership in the U.S. has experienced a notable surge. As of 2023, approximately 66% of households (equivalent to 86.9 million homes) are pet owners, compared to 56% in 1988, as indicated by pet ownership statistics. Pets hold a crucial role in their owners' lives, providing companionship and emotional support. Remarkably, 85% of dog owners and 76% of cat owners consider their pets to be integral members of their families.

Key Players Insights