Medical Health & Life Science Research News

Discover Europe's veterinary healthcare market to reach USD 8,850 million in 2023

Medical Market Research

The Europe veterinary healthcare products market accounted for a market value of USD 6,900 million in 2016 and is expected to reach USD 8,850 million in 2023, growing at a CAGR of 5.1% during the forecast period of 2018-2023.

The vaccines segment in the European veterinary healthcare market accounted for the largest market share, followed by anti-infective agents.

However, the medical feed additives market is expected to witness the highest growth rate during the forecast period.

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Improved nutrition is driving the market

Foods derived from animals are an important source of nutrients in our diets; for example, milk and meat together provide for about 60 and 55% of the dietary intake of calcium and protein.