CATTLE HEALTHCARE MARKET ANALYSIS
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.
Cattle Healthcare Market Report Snapshots
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