This post is from a suggested group
Animal Health Market Surges, Driven by Zoonotic Disease Incidences and Global Demand for Animal Protein
Description: The global Animal Health Market is experiencing robust and accelerated growth, projected to expand from USD 68.50 Billion in 2024 to USD 128.02 Billion by 2032, registering a Compound Annual Growth Rate (CAGR) of 8.13%. This significant market expansion is dual-driven: by the increasing incidence of diseases in both livestock and companion animals, including zoonotic threats, and by the relentless global demand for high-quality animal-derived protein.
A primary driver is the rising frequency of zoonotic diseases (illnesses transferable from animals to humans) and other infectious outbreaks in livestock and poultry. This critical public health concern compels governments and commercial producers worldwide to invest heavily in preventative animal health measures, primarily through advanced vaccination programs and pharmaceuticals. Maintaining healthy farm animals is no longer just an economic concern for producers; it is a global biosecurity…