CATTLE HEALTHCARE MARKET ANALYSIS

Cattle Healthcare Market By Product (Vaccine, Parasiticide, Anti-infective, Medical Feed Additive, & Other Pharmaceuticals), By Diagnostic Type (Immunodiagnostic Test, Molecular Diagnostics, Diagnostic Imaging, Clinical Chemistry, and Other Veterinary Diagnostics), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published In : Nov 2022
Code : CMI5347
Pages :165
Formats :
Excel and PDF
Industry : Pharmaceutical

Cattle Healthcare MarketSize and Trends

The global cattle healthcare market was valued at US$ 7,882.4 Mn in 2021 and is forecast to reach a value of US$ 12,041.3 Mn by 2028 at a CAGR of 6.2% between 2022 and 2028.

Global Cattle Healthcare Market Trends:

Animal health is important due to the increasing demand for meat around the world and increasing awareness regarding the quality of meat and animal by-products. Thus, with the increase in burden of animal disease, the demand for animal healthcare is also increasing. Moreover, market players and governments are also focusing on improving both the health and welfare of cattle. This trend is expected to continue over the forecast period.

Furthermore, the demand for vaccination has increased or increasing due to increase in burden of animal diseases across the globe, such as Lumpy skin disease (viral disease of cattle). Vaccination is a critical component of cattle health management. Proper vaccination is critically important for the control of infectious diseases in both beef and dairy cattle. This trend is expected to continue over the forecast period, driving the growth of the market.