China Companion Animal Health Market Worth $2.24 Billion By 2028
China Companion Animal Health Industry Overview The China companion animal health market size is anticipated to reach USD 2.24 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 11.3% from 2021 to 2028. The key factors driving the market growth include rising initiatives by key market players, a growing pet population, and high usage of e-commerce channels. China Companion Animal Health Market Segmentation Grand View Research has segmented the China companion animal health market on the basis of type, animal type, product, indication, and diagnosis method: China Companion Animal Medicine Insights The dogs animal type segment dominated the market in 2020 with a revenue share of over 35%. The equine segment, on the other hand, is anticipated to register the fastest CAGR from 2021 to 2028. According to a 2019 survey report on the development of China’s equestrian sector, an increasing number ...