The estimated size of the animal feed additives market is USD 41.3 billion in 2023, and it will grow at a rate of 4.7% from 2023 to 2030, to reach USD 56.9 billion by 2030.
The global animal pharmaceuticals market size stood at roughly $40.07 billion in 2021, and it is set to reach $72.74 billion by 2030, growing at a CAGR of 6.8% during 2021–2030.
The goat milk products market size was valued at $8,672.9 million in 2021, and it will grow at a CAGR of 4.8% during 2021–2030.
Growing adoption rate of companion animals, increasing consumption of meat and milk, and rising food-borne zoonotic diseases are the key factors driving U.S. animal healthcare market. Further, high disposable income of pet owners, and advancements in animal healthcare are some of the other factors contributing to growth of the U.S. market.