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Animal health specialists fail to capitalise on demand

Animal health specialists fail to capitalise on demand

Animal healthcare is a market in its prime. Currently valued at approximately $40bn (£31.1bn) and set to grow at an estimated compound annual rate of 5.5 per cent out to 2025, according to data from consultancy Grand View Research, there is plenty of money to be made for companies that know how to capitalise on the trends. But that is easier said than done. The market, though growing rapidly, is highly fragmented and dominated by a small number of large players, which has made it hard for some of the smaller UK groups to gain momentum.

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