The market for veterinary vaccines, excluding those for foot and mouth disease, in Vietnam demonstrated steady growth, culminating in a value of $2.76 per capita in 2023. From 2021 to 2022, the market witnessed a year-on-year increase of approximately 3.1%, followed by a slightly slower growth rate of about 3.4% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) averaged around 3.6%, reflecting sustained demand for animal health solutions.
Future trends to watch for include the continued expansion of livestock industries, heightened awareness of animal health, and evolving governmental regulations that may drive further growth in the veterinary vaccine market.
| # | 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 | ||
| 28 | 28 Philippines | 2.82 | 2023 | View data | ||
| 29 | 29 Slovakia | 2.77 | 2023 | View data | ||
| 30 | 30 Vietnam | 2.76 | 2023 | |||
| 31 | 31 Morocco | 2.55 | 2023 | View data | ||
| 32 | 32 Mauritius | 2.2 | 2023 | View data | ||
