The global companion animal specialty drug market is set for steady growth, with a projected compound annual growth rate (CAGR) of 4.21% over the forecast period. Currently valued at USD 37,624.67 million in 2022, the market is anticipated to climb to USD 56,828.56 million by 2032, according to a recent analysis by Future Market Insights. The historical data …
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Companion Animal Specialty Drug Market is Leading Global Growth at a CAGR of 5.42% Through 2032, Driving Global Growth of US$ 56,828.56 Million.
The global companion animal specialty drug market is projected to expand at a 4.21% CAGR, which is a reasonable rate. The market is expected to be worth US$ 37,624.67 million in 2022. The companion animal specialty medicines market is expected to reach a peak value of US$ 56,828.56 million by 2032. The experts at Future Market …
Companion Animal Specialty Drugs Market 2021 Outlook, Current and Future Industry Landscape Analysis 2031
Future Market Insights, Dubai: As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global companion animal specialty drugs market registered steady year-on-year (YoY) growth at 5.42% CAGR in 2021. Increasing pet adoption is a major factor, fuelling the demand for animal nutrition and behavioral products, thereby accelerating sales. With increasing rate of obesity among the pet, demand for anti-obesity …