Veterinary Care Market Segments And Regional Revenue Forecasts To 2028
Veterinary Care Industry Overview The global veterinary care market size is expected to reach USD 114.4 billion by 2028, registering a CAGR of 5.4% over the forecast period, according to a new report by Grand View Research, Inc. Increasing number of government initiatives to safeguard food security is likely to boost the adoption of better veterinary care worldwide. A significant increase in pet adoption and humanization worldwide is mostly responsible for the high need for veterinary care, which is boosting the market growth. Veterinary Care Market Segmentation Grand View Research has segmented the global veterinary care market on the basis of animal type, type of care, and region: Based on the Animal Type Insights, the market is segmented into Companion Animal and Production Animal. The companion animals segment held the largest revenue share of over 60.00% of the global market in 2020. This can be attributed to the growing initiatives by market players, rising pet ...