Companion Animal Health Market To Experience Lucrative Growth Due To Rise In Number Of Government Initiatives Till 2025: Grand View Research, Inc.
The global companion animal health market is expected to reach USD 20.9 billion by 2025, according to a new report by Grand View Research, Inc. Increasing prevalence of zoonotic diseases is among high impact rendering drivers of this market. Various efforts are being undertaken at the country& regional levels by animal welfare organizations that works closely with various partners, including national ministries of health, World Organization for Animal Health (OIE), World Bank, Food and Agriculture Organization (FAO), and United Nations System Influenza Coordination (UNSIC).The National Center for Emerging and Zoonotic Infectious Diseases (NCEZID) is engaged in preventing, tracking, detecting, and responding to outbreaks of infectious diseases across the U.S. and other countries. Growing investments by key market players to develop advanced solutions for pet care is one of the key contributors to the growth of the companion animal health market. For inst...