South Koreans are expected to spend US$ 3 billion on their pets in 2020 and more than US$ 3.5 billion in 2021, resulting in an increase in pet-related businesses in Korea. According to the Korea Rural Economic Institute, this figure is expected to reach US$ 5 billion by 2027, creating opportunities for Korea’s compa.
The global farm animal drugs market is estimated to be worth US$ 17.2 billion by the end of 2022, and to grow at a 5.5% CAGR from 2022 to 2032. By the end of 2032, the market is expected to be worth US$ 29.4 billion. In terms of animals, livestock animals are the market leader, accounting for around 92.4% of the mar.
The global Companion Animal Drugs Market is anticipated to grow from a valuation of US$ 36.94 Bn in 2022 to US$ 47.23 Bn by the end of 2027, expanding at a CAGR of 5%.Worldwide sales of companion animal drugs is set to reach US$ 36.94 Bn by 2022-end, unveils the new research study by Future Market Insights (FMI). Ac.
/PRNewswire/ As per The Business Research Company s Veterinary Vaccines Global Market Report 2023, the veterinary vaccines market is concentrated, with a.