Veterinary Vaccines Market Segmentation, Analysis by Recent Trends, Development by Regions to 2028 – Talking Democrat

Veterinary vaccination is the medicine given to animals that improves their health as well as their lifespan. These vaccinations prevent diseases such as foot-and-mouth disease, influenza, etc., which usually affect livestock and lead to its death. These deaths cause enormous economic losses across the world. The global veterinary vaccines market was worth USD 6.37 Billion in 2018 and is projected to reach USD 9.61 Billion by 2025 at a CAGR of 6.05% during the forecast period.

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Drivers vs Constraints

Rising occurrence of veterinary diseases in animals is the key driver for the growth of the global veterinary vaccines market. Increasing number of pet owners and changing lifestyles are also contributing to the growth of this market.

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Industry structure and updates

In an effort to excel in the veterinary vaccine market, Pfizer had acquired Wyeth, which would be the largest acquisition.

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