Livestock Healthcare Market: By Livestock Animal (Poultry, Swine, Cattle, Sheep & Goats, Horse, and Others), By Product Type (Vaccines, Pharmaceuticals, Feed Additives, Diagnostics, and Others), By Distribution Channel (Retail, E-commerce, and Veterinary Hospitals & Clinics), By End User (Reference Laboratories, Point-of-care Testing/In-house Testing, Veterinary Hospitals & Clinics, and Others), and Geography

 

Livestock Healthcare Market size was valued USD 40.53 billion in 2022 and is poised to grow at a CAGR of 6.4% from 2023-2029. The increasing prevalence of food-borne and zoonotic disease across the globe in livestock animals. Growing meat and milk consumption every year coupled with adoption of animals for the agriculture purpose is increasing and the rising support from the government to take initiatives to boost the growth of veterinary products and treatments are expected to drive the growth of the market over the forecast years. Furthermore, market players focusing on the technological advancements in the healthcare industry to provide the best treatment option available are projected to boost the growth of the market. However, the cost of the vaccines and medications available in the market are not at affordable which has become a major restraining factor for the growth of the market. This report studies global livestock healthcare market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, This report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities).