North American Market Forecast
The North American bovine mastitis market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. The growth of the market can be attributed majorly to the massively increasing prevalence of bovine mastitis in cattle, and the significantly expanding dairy industry in the region. For instance, in 2022, the number of dairy farm businesses in the United States has increased by approximately 34,950 farms. Further, the presence of major key players who are providing a wide range of treatment of this disease, along with a surge in animal healthcare infrastructure which is paving the way to make the farmers more aware for animal health, are also anticipated to contribute to the market growth in the region. In addition, rising investment in research and development in the effective treatment of mastitis is another sign which is estimated to drive the market growth further throughout the forecast period in the region.
APAC Market Statistics
The Asia Pacific bovine mastitis market is anticipated to display the fastest market growth by the end of 2036. The growth of the market can be attributed to the large number of cattle in the region, coupled with the rising cases of mastitis disease in cattle. Additionally, the surging count of dairy farms in this region is another key factor that is fueling the growth of the market during the projected time frame.
Author Credits: Radhika Pawar
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