The Colombian veterinary vaccines market, excluding Foot and Mouth protection, has shown consistent growth from 2013 to 2023, reaching a value of $6.4 per capita by 2023. Over the last two years, from 2021 to 2023, the market expanded by approximately 3.74% per annum. The compound annual growth rate over the past five years stands at roughly 1.67%, indicating moderate yet steady progression in per capita spending.
Future trends to watch for in the Colombian market include potential growth driven by advancements in biotechnology, increasing awareness of animal health, and governmental support in veterinary services. These factors could continue to bolster market value.
| # | 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 | ||
| 12 | 12 Italy | 6.54 | 2023 | View data | ||
| 13 | 13 Germany | 6.45 | 2023 | View data | ||
| 14 | 14 Colombia | 6.4 | 2023 | |||
| 15 | 15 Poland | 6.3 | 2023 | View data | ||
| 16 | 16 Thailand | 6.04 | 2023 | View data | ||