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Veterinary Therapeutics Market Various Key Players And Opportunities.
Veterinary Therapeutics Market
The global veterinary therapeutics market has witnessed significant revenue growth in the past few years owing mainly to rising awareness regarding health and well-being of livestock as well as companion animals.
Increasing ownership of companion animals and increasing livestock, being specifically bread for meat and other products across the globe are major factors driving growth of the global veterinary therapeutics market.
Increasing clinical pet research programs by private and government organizations and launch of a variety of innovative medications in the market by vendors are other factors anticipated to boost growth of the target market to a significant extent.
Development of cost-effective products is expected to create significant opportunities for players in the global veterinary therapeutics market.
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On the basis of type segmentation, therapeutic drugs segment is estimated to account for major revenue share in the global market and is projected to register highest CAGR of around 6.0% over the forecast period.
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