The global market size for animal medicine amounted to around 35 billion U.S. dollars in 2022. It was forecasted that the market would expand to some 60 billion dollars by 2032, equivalent to a compound annual growth rate (CADR) of 5.4 percent. The animal medicine industry is comprised of segments such as veterinary vaccines, veterinary antibiotics, and veterinary parasiticides.
Global market size of animal medicine in 2022 and a forecast for 2032
(in billion U.S. dollars)
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Global Market Insights. (December 31, 2022). Global market size of animal medicine in 2022 and a forecast for 2032 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1231846/global-animal-medicine-market-size/
Global Market Insights. "Global market size of animal medicine in 2022 and a forecast for 2032 (in billion U.S. dollars)." Chart. December 31, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1231846/global-animal-medicine-market-size/
Global Market Insights. (2022). Global market size of animal medicine in 2022 and a forecast for 2032 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1231846/global-animal-medicine-market-size/
Global Market Insights. "Global Market Size of Animal Medicine in 2022 and a Forecast for 2032 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Dec 2022, https://www.statista.com/statistics/1231846/global-animal-medicine-market-size/
Global Market Insights, Global market size of animal medicine in 2022 and a forecast for 2032 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1231846/global-animal-medicine-market-size/ (last visited November 22, 2024)
Global market size of animal medicine in 2022 and a forecast for 2032 (in billion U.S. dollars) [Graph], Global Market Insights, December 31, 2022. [Online]. Available: https://www.statista.com/statistics/1231846/global-animal-medicine-market-size/