In 2023, the actual import value of vaccines for veterinary use, excluding foot and mouth vaccines, into France was $217.89 million USD. Forecast data for the period from 2024 to 2028 indicates a steady annual increase, with the import value expected to reach $245.17 million USD by 2028. The year-on-year growth shows a consistent upward trend with an average annual growth rate (CAGR) of approximately 2.37% over the five-year forecast period, reflecting a strong and steady increase in demand.
Future trends to watch for include:
- Potential regulatory changes that may impact vaccine importation processes.
- Fluctuations in global supply chain dynamics affecting vaccine availability and pricing.
- Advancements in veterinary medicine potentially altering vaccine types and quantities required.