The demand for and supply of animal pregnancy test kits has been influenced by the increased concern of livestock farmers on the reproductive efficiency of animals. There will probably be an increase in demand for animal pregnancy test kits because of growing public awareness and rising veterinary care expenditures in emerging economies.
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The demand for and supply of animal pregnancy test kits in Kenya is being fueled by the busy dairy farms’ and veterinary clinics’ rising acceptance of the RVPT (Rapid Visual Pregnancy Test). The Kerala Department of Animal Husbandry is spending a lot of money to create sophisticated animal pregnancy test kits that provide immediate results.
The animal pregnancy test kits market is likely to record a CAGR of 4.76% during the forecast period.
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Animal Pregnancy Test Kits Market: Key Players
Some of the key players in the animal pregnancy test kits market are BioTracking Inc, Zoetis Services LLC., IDEXX Laboratories, Inc, and Fassisi, among others.
Animal Pregnancy Test Kits Market: Segmentation
Tentatively, the animal pregnancy test kits market can be segmented on the product type and distribution channel.
By Product Type:
- Pregnancy test kits cassettes
- Pregnancy test strips
- Enzyme-Linked Immunoassay Test Kits
By Distribution Channel:
- Veterinary Hospitals
- Veterinary Clinics
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Animal Pregnancy Test Kits Market: Regional Outlook
Geographically, Latin America and Caribbean followed by Asia Pacific are the most lucrative markets expected to hold maximum market share in the animal pregnancy test kits market owing to higher adoption of animal pregnancy test kits among the livestock owners. The U.S. in North America remains the key market among the pet owners using the animal pregnancy test kits followed by Western Europe.
The Asia-Pacific and Latin America markets are projected to witness significant growth owing to the high adoption of animal pregnancy test kits in healthcare facilities and among pet owners.
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