Source: Digital Journal

The global companion Animal Healthcare market is expected to grow at a compound annual growth rate (CAGR) of 9.2% between 2024 and 2032, according to a report by Expert Market Research. This growth is attributed to the increasing trend of pet ownership and a heightened focus on animal health. Companion Animal Healthcare encompasses various products and services aimed at maintaining the health and well-being of pets, including dogs and cats. These include pharmaceutical products like vaccines, anti-infectives, and parasiticides, as well as therapeutic diets and health supplements that prevent and treat various pet diseases and conditions.

The rising trend of pet ownership, where pets are considered part of the family, has driven the demand for high-quality healthcare products for companion animals. In addition, advancements in diagnostic techniques and personalized treatment plans have contributed to market expansion. The Pet Food industry is also increasingly using therapeutic diets and supplements to support various aspects of pet health. These factors are propelling the companion Animal Healthcare market’s growth.

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