Veterinary vaccines market to cross $13.33 billion by 2029

The global market for veterinary vaccines, valued at U.S. $8.93 billion, or about Rs75,900 crore at the then exchange rate, in 2023, will grow at a compounded annual growth rate of 6.1% to reach an impressive U.S. $13.33 billion, or about Rs1.15 lakh crore at the current exchange rate, by 2029, according to a new marketing research report. According to MarketsandMarkets, a research firm and management consultancy headquartered in Delray Beach, Florida, USA, the veterinary...

Global vet medicine market seen growing to $85 billion by 2031

The global veterinary medicine market, valued at $46.51 billion in 2023, or about Rs3.92 lakh crore at the current exchange rate, is expected to grow at a compounded annual growth rate of 7.77% to reach $85.05 billion, or about Rs7.18 lakh crore, by 2031, according to a new marketing research report. This growth in the vet medicine market is attributed to the rising awareness of animal health and welfare, coupled with increased adoption of companion...