Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.72 Billion | USD 2.84 Billion | 7.45% | 2021 |
FrequentlyAsked Questions
The global veterinary consumables market is anticipated to register high growth owing to the increased awareness of animal welfare. The global market size is increasing owing to the growing research on various animal diseases since they may have direct implications on human lives as well.
According to Zion Market Research, the global veterinary consumables market size was worth around USD 1.72 billion in 2021 and is predicted to grow to around USD 2.84 billion by 2028 with a compound annual growth rate (CAGR) of roughly 7.45% between 2022 and 2028
The global veterinary consumables market is projected to be dominated by North America. In 2020, the region generated a revenue of around 0.75 billion owing to the higher pet adoption rate in the USA and Canada
The global veterinary consumables market is dominated by players like Midmark Corporation, Avante Health Solutions, Smiths Medical, Suntech Medical, Inc., Vetland Medical Sales and Services, B.Braun Melsungen AG, and Shenzhen Mindray Bio-Medical Electronics Co., Ltd
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