Animal Vaccine Market Research and Forecast, 2018-2023
The global animal vaccine market is anticipated to grow at the CAGR of 6.5% during the forecast period (2018-2023). Vaccination have a significant part in protecting animal and public health. Vaccination of animals ensures the prevention of possibly hazardous infectious diseases and sustain the productivity of animal protein production. The growing trend of adoption of pets is triggering the growth of the market by creating high demands for animal vaccines. Pets are vaccinated against infectious diseases such as rabies, distemper, and hepatitis. According to the European Pet Food Industry Federation, 80 million households owned pet animals in the European Union in 2016 of which 18% were pet dogs and 26% pet cats. France, Italy, the UK., Ukraine and Germany were in the list of top ten countries with the largest cat population, while France and Romania had the largest dog population in Europe. Leptospirosis is one of the key bacterial diseases which occur in 60% of UK dairy herds. The mo