Weekly Update: Global Coronavirus Impact And Implications Veterinary Animal Vaccines Market During 2020
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Sep 22, 2020 (AmericaNewsHour) —
The global Veterinary/Animal Vaccines market was valued at USD 6.04 billion in 2016 and is projected to reach USD 10.06billionby 2025, growing at a CAGR of 5.83% from 2017 to 2025.
In veterinary medicine, vaccination has proven to be a boon for animal health. Diseases such as canine parvovirus and canine distemper, feline leukemia, or equine tetanus, have been reduced and attempts are being made to expand the scope. The market under such circumstances is expected to grow during the forecast period.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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1. Market Drivers
1.1 Increasing cases of livestock disease outbreaks
1.2 High Prevalence of Infectious diseases
1.3 Increase in usage of companion organisms
1.4 Increasing support