From 2013 to 2023, the market size value per capita for veterinary vaccines (excluding foot and mouth) in South Africa has shown a general upward trend, increasing from $3.44 to $4.49. The most notable increase occurred between 2017 and 2018. Despite some fluctuations, the overall compound annual growth rate (CAGR) over the last five years is positive, signifying steady growth in vaccine value per capita.
Key observations from recent years:
- 2022 to 2023 increase: 2.05%
- 2021 to 2023 increase: 4.18%
- 5-year CAGR (2018 to 2023): 0.46%
In the future, the South African veterinary vaccine market may experience growth due to technological advancements in vaccine delivery, increasing pet ownership, and enhanced veterinary care awareness, though economic factors and policy changes remain important variables.
| # | 35 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 17.42 | 2023 | View data | ||
| 2 | 2 France | 14.92 | 2023 | View data | ||
| 3 | 3 Saudi Arabia | 9.73 | 2023 | View data | ||
| 4 | 4 Greece | 8.35 | 2023 | View data | ||
| 5 | 5 Portugal | 7.93 | 2023 | View data | ||
| 20 | 20 Estonia | 4.72 | 2023 | View data | ||
| 21 | 21 Guatemala | 4.69 | 2023 | View data | ||
| 22 | 22 South Africa | 4.49 | 2023 | |||
| 23 | 23 Ukraine | 3.71 | 2023 | View data | ||
| 24 | 24 El Salvador | 3.55 | 2023 | View data | ||
