Market Research Insights

  San Francisco, 10 May 2021:   The Report  Companion Animal Health Market  Size, Share & Trends Analysis Report By Animal Type (Dogs, Cats), By Product (Pharmaceuticals, Diagnostics), By Distribution Channel, By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global companion animal health market size is anticipated to reach USD 37.49 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 9.2% from 2021 to 2028. Growing pet adoption, rising cases of acute & chronic health conditions in pets, and availability of pet insurance are the factors responsible for the growth of this market. Growing investments and strategic initiatives by market players to develop advanced solutions for pet care is another key contributor to the growth of the market. For instance, in February 2020, Boehringer Ingelheim received approval for Aservo Equihaler, which is its first therapy for severe equine asthma. Furthermore, the

San Francisco, 14  August 2019:   The Report   Companion Animal Health Market   Size, Share & Trends Analysis Report By Type, By Product (Vaccines, Pharmaceuticals, Feed Additives), By Distribution Channel, By End Use, And Segment Forecasts, 2019 – 2026 The global companion animal health market size is expected to reach USD 25.54 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.1% during the forecast period. Increasing prevalence of zoonotic diseases is among high impact rendering drivers for this market. Efforts undertaken by various animal welfare organizations at the country and regional levels, are anticipated to positively influence the growth. These organizations work closely with various partners, including national ministries of health, World Organization for Animal Health (OIE), World Bank, Food and Agriculture Organization (FAO), and United Nations System Influenza Coordination (UNSIC). The National Ce