Freedonia In The News
Article Title: U.S. Animal Health Products Market to Reach $12 Billion by 2016
Publication: Nutraceuticals World, 3/7/2013
Freedonia Study: Animal Health Products (2990)
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The demand for animal health products in the U.S. is forecast to increase 3.5% annually to $12.7 billion in 2016. Animal health care is a relatively recession-resistant industry, as health care is regarded as a necessary expense of animal ownership or husbandry. Preventive care will remain a driving factor in sales of animal health products as owners of commercial and companion animals alike recognize the need to maintain good health conditions for their animals. These and other trends are presented in Animal Health Products, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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