Product ID: SQMIG35B2059
Report ID:
SQMIG35B2059 |
Region:
Global |
Published Date: February, 2024
Pages:
200
|
Tables:
67 |
Figures:
75
Animal Vaccines Market Driver
Animal Vaccines Market Restraint
● In developing countries of Africa, Asia, and Latin America, it is estimated that there are 600-900 million smallholder farmers who own livestock. Animal vaccination adoption among these smallholder farmers is limited due to a variety of factors, including lack of awareness about the benefits, limited accessibility as they cannot afford the cost of the immunization products and dearth of availability due to a weak supply chain. A significant number of livestock animals owned by smallholder farmers die as a result of various diseases, putting them under additional economic strain. Various strategies are being adopted by governments and agencies to improve the adoption of animal immunization among smallholder farmers by increasing accessibility, availability, and affordability.
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REQUEST FREE CUSTOMIZATIONAnimal Vaccines Market size was valued at USD 11.68 billion in 2019 and is poised to grow from USD 12.8 billion in 2023 to USD 26.12 billion by 2031, growing at a CAGR of 9.4% in the forecast period (2024-2031).
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Product ID: SQMIG35B2059