The Veterinary Vaccines Except for Foot and Mouth Market in Lebanon has shown fluctuations in value per capita over the past decade. In 2023, the market stood at a value of $3.14 per capita. Year-on-year trends indicate a slight recovery from a low of $3.05 in 2020, with the most recent two-year period showing modest increases of approximately 0.64% and 0.32% respectively. The compound annual growth rate (CAGR) over the last five years suggests a minor shrinking trend, with an average annual decrease of around -0.31%.
Future trends to watch for include:
- Economic recovery post-crisis which could impact consumer spending on animal health.
- Increased pet ownership potentially boosting demand for veterinary vaccines.
- Influence of government policies on market dynamics.
| # | 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 | ||
| 24 | 24 El Salvador | 3.55 | 2023 | View data | ||
| 25 | 25 Japan | 3.27 | 2023 | View data | ||
| 26 | 26 Lebanon | 3.14 | 2023 | |||
| 27 | 27 Slovenia | 3.08 | 2023 | View data | ||
| 28 | 28 Philippines | 2.82 | 2023 | View data | ||
