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Companion Animal Pharmaceuticals Market worth $18.5 billion by 2026 - Exclusive Report by MarketsandMarkets Companion Animal Pharmaceuticals Market by Indication (Infectious Diseases, Antibiotics, Parasiticides, Vaccines, Pain), Animal Type (Dogs, Cats, Horses), Distribution Channel (Veterinary Hospitals & Clinics), COVID-19 Impact - Global Forecast to 2026 , published by MarketsandMarkets, the global market is projected to reach USD 18.5 billion by 2026 from USD 12.8 billion in 2021, at a CAGR of 7.6% during the forecast period.
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The growth in this market is majorly driven by the growth in companion animal ownership, rising prevalence of zoonotic diseases, rising demand for pet insurance with the growing animal health expenditure, and initiatives by various government agencies and animal associations. On the ot
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Midwest Center for Investigative Reporting and
USA Today published a report linking the Company s popular Seresto flea collar to the deaths of nearly 1,700 pets, as well as tens of thousands of other incidents of harm to pets and humans.
On this news, Elanco s stock price fell $2.78 per share, or 8.26%, over the following two trading sessions, to close at $30.87 per share on March 3, 2021.
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