The veterinary vaccines market in Guatemala, excluding foot and mouth, reached a value of $4.69 per capita by 2023. Over the past decade, there has been a steady upward trend, increasing from $2.41 in 2013. Reviewing year-on-year variations, the market grew notably, with a 4.4% increase in 2022 and a 4.2% increase in 2023. Analyzing the past five years, the compound annual growth rate (CAGR) stands at approximately 4.6%, indicating consistent market expansion.
Future trends to watch for include the potential impacts of emerging animal health technologies, an increasing demand for livestock products, and evolving regulatory frameworks that could drive further growth or pose new challenges.
| # | 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 | ||
| 19 | 19 Switzerland | 4.86 | 2023 | View data | ||
| 20 | 20 Estonia | 4.72 | 2023 | View data | ||
| 21 | 21 Guatemala | 4.69 | 2023 | |||
| 22 | 22 South Africa | 4.49 | 2023 | View data | ||
| 23 | 23 Ukraine | 3.71 | 2023 | View data | ||
