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Pulished Date April, 2021
ID: 847
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Global Bovine Respiratory Disease Treatment Market Size, Share, Trends, COVID-19 Impact & Growth Analysis Report – Segmented By Type of Treatment and Region - Industry Forecast (2021 to 2026)

Pulished: April, 2021
ID: 847
Pages: 175

Global Bovine Respiratory Disease Treatment Market Size (2021 to 2026)

The global bovine respiratory disease treatment market size is predicted to value USD 150.99 million by 2026 from USD 54.96 million in 2021, growing at a CAGR of 22.4% during the forecast period.

Bovine respiratory diseases are the most common and expensive diseases that occur in cattle. Viruses, bacteria, and parasites viruses are the major factors for respiratory disease occurrence. Bovine herpesvirus (IBR), bovine parainfluenza virus (PI-3), Bovine coronavirus (BCV), and Bovine respiratory syncytial virus (BRSV) factors that affect the immune system of the calf, leads to weakness to cause diseases like pneumonia. Animals suffering from BRB often show signs of depression, cough, weight loss, fever, purulent nasal discharge, and abnormal pulmonary sound on auscultation. Various complexities are involved with the diagnosis of BRB.

MARKET DRIVERS:

Increasing beef consumption worldwide and growing disposable income in developing countries are majorly driving the global bovine respiratory disease treatment market growth.

The rising population is also influencing the market growth. Increasing infections such as bacteria, viruses, and parasites worldwide affect the calf immune system, leading to market growth. In addition, rising demand for better quality bovine meat and products encourages cattle production expansion. Rapidly changing environmental factors and the high prevalence of several causative agents for respiratory diseases among bovines are expected to drive market growth.

Additionally, growing awareness among the consumers regarding healthy meat and animal health management practices, environmental protection guidelines are most likely to propel the bovine respiratory disease treatment market's market growth during the forecast period. Also, the increasing focus of key players on research and development of functional therapies is anticipated to influence the development of the market during the forecast period.

MARKET RESTRAINTS:

The global bovine respiratory disease treatment market is restricted by some challenging factors, such as complexities related to bovine respiratory disease diagnosis. In addition, the increasing cost of animal healthcare is slowly hindering the growth rate of the market. Moreover, lack of animal healthcare awareness in developing countries such as India and China, limited resources for animal treatments, and skilled veterinary professionals for animal treatments are considered the restricting factors for market growth.

Impact of COVID-19 on Bovine respiratory disease treatment market:

COVID-19 is an infectious disease that is caused by the most recent novel coronavirus. The World Health organization announced COVID-19 as the emergence of healthcare. Due to the sudden outbreak, a nationwide lockdown had been imposed. The outbreak of COVID-19 has shown a positive and negative impact on the pharmaceutical and life sciences market.

COVID-19 was first arrived as a regional pandemic and became a global outbreak. During the first half of 2020, the bovine respiratory disease treatment market had experienced a growth decline due to the covid-19 outbreak. Amid the ongoing COVID-19 pandemic, the world has witnessed a massive surge of cases in the first period of 2020. Several confirmed cases and deaths had been reported during the period. Apart from the nationwide lockdown, the hospital had an increased testing rate to combat COVID-19. As a result, most of the bovine respiratory disease treatments had been postponed.

The latter period of 2020 has witnessed significant market growth. After the lockdown, the demand for animal treatment has been increased. Animal treatments have resumed. The market is expected to have better growth during the forecast period.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 to 2026

Base Year

2020

Forecast Period

2021 to 2026

Segments Covered

By Treatment Type and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Zoetis Inc., Merck & Co. Inc., Bayer Corporation, Eli Lilly & Co., Merial S.A.S, Boehringer Ingelheim Vetmedica, Novartis Animal Health, Vibrac S.A, Ceva Sante Animale and Vétoquinol S.A.

 

This research report on the global bovine respiratory disease treatment market has been segmented and sub-segmented based on treatment type and region.

Bovine Respiratory Disease Treatment Market - By Treatment Type:

  • Anti-Infectious Agents
    • Antibiotics           
    • Sulfas    
  • Anti-Parasiticides                 
  • Bronchodilators                    
  • Oral Rehydration Fluids                     
  • Non-Steroidal Anti-Inflammatories               
  • Mucolytics

Based on treatment type, Antibiotics and anti-inflammatory drugs are now being used for combination treatment and are expected to improve the success rate of the treatment.

The anti-parasiticides segment is predicted to record a healthy CAGR during the forecast period. Anti-parasiticides are one of the antimicrobial drugs that target bacteria and antifungals. The growth of anti-parasiticides is driven by the increasing infections such as bacteria, viruses, parasites, viruses, and Animals suffering from BRB.

Bovine Respiratory Disease Treatment Market - By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Geographically, North America leads the market due to the more significant occurrence of bovine respiratory disease. However, China and India have greater cattle adoption in the Asia Pacific region and are expected to grow fast.

North America held the largest share in the global bovine respiratory disease market in 2019 and is forecasted to continue the domination throughout the forecast period. Increasing domestic production, consumption, and bovine meat exports are majorly driving this regional market. According to recent reports, America held the majority contributor to bovine respiratory disease treatment market growth. America has produced approximately 30 million tonnes of beef in the forecast period. BRD is the most endemic disease in North America.

The European market held a substantial market share globally in 2020 and is projected to register a robust CAGR during the forecast period due to the increasing growth factors such as rising population and growing meat intake in this region.

The Asia Pacific market is forecasted to be the most lucrative region globally during the forecast period. It is a known fact that the consumption of bovine meat is high in countries such as China. Growing disposable income in developing countries such as India and China is considered the major driving factor for this region's bovine respiratory disease market.

The Latin American market grew steadily in the recent past and will register healthy growth during the forecast period. Rising focus on veterinary health, small companies are coming up with novel therapeutics in this region and increasing demand for better quality meat and products to encourage cattle production.

In MEA, the market is expected to grow at a promising growth rate during the forecast period. Factors such as increasing disposable income, rising consumption of animal meat in the counties such as Kuwait, United Arab Emirates, and growing awareness among consumers regarding healthy meat and animal health management practices environmental protection guidelines are most likely to propel the market growth of bovine respiratory disease treatment market.

PROMISING PLAYERS IN THIS MARKET:

Some of the noteworthy companies leading the global bovine respiratory disease treatment market profiled in the report are Zoetis Inc., Merck & Co. Inc., Bayer Corporation, Eli Lilly & Co., Merial S.A.S., Boehringer Ingelheim Vetmedica, Novartis Animal Health, Vibrac S.A. and Ceva Sante Animale and Vétoquinol S.A.

RECENT MARKET DEVELOPMENTS:

  • In Sept 2017, Merck Animal Health developed the whisper veterinary stethoscope. The Whisper Veterinary Stethoscope Device is a BRD detection system that uses an electronic stethoscope to capture lung sound and proprietary computer-aided analytics. The device is designed to assess lung disease severity for a more accurate diagnosis of bovine respiratory illness.
  • Whisper is a device that is placed over the lungs of ill cattle and captures sound frequencies, enabling it to determine the health of the lungs and provide an objective score to a computer nearby. Thus, producers can diagnose BRD early, evaluate the severity of the condition, and choose a suitable treatment plan using the Whisper score, which might help them improve lung-health-related results.
  • In April 2018, VIDO- InterVac announced the development of a new vaccine to protect cattle in Africa from contagious bovine pleuropneumonia (CBPP). This infectious lung disease has impacted the livelihoods of approximately 24 million small-scale cattle farmers in Africa, resulting in annual losses of more than USD 60 million. As a result of this research, the bovine vaccination market in developing countries has grown significantly.

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                           

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                              

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                            

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                     

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                      

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                      

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                               

5. Market Segmentation                                                              

                5.1 By Type of Treatment                                            

                                5.1.1 Anti-Infectious Agents                       

                                                5.1.1.1 Antibiotics           

                                                5.1.1.2 Sulfas    

                                5.1.2 Anti-Parasiticides                 

                                5.1.3 Bronchodilators                    

                                5.1.4 Oral Rehydration Fluids                     

                                5.1.5 Non-Steroidal Anti-Inflammatories               

                                5.1.6 Mucolytics                              

6. Geographical Analysis                                                              

                6.1 North America                                          

                                6.1.1 Introduction                           

                                6.1.2 United States                         

                                6.1.3 Canada                     

                6.2 Europe                                         

                                6.2.1 Introduction                           

                                6.2.2 U.K                             

                                6.2.3 Spain                         

                                6.2.4 Germany                 

                                6.2.5 Italy                           

                                6.2.6 France                      

                6.3 Asia-Pacific                                 

                                6.3.1 Introduction                           

                                6.3.2 China                         

                                6.3.3 India                          

                                6.3.4 Japan                        

                                6.3.5 South Korea                           

                                6.3.6 Australia                  

                6.4 Latin America                                            

                                6.4.1 Introduction                           

                                6.4.2 Brazil                         

                                6.4.3 Mexico                     

                                6.4.4 Argentina                

                                6.4.5 Rest of Latin America                         

                6.5 Middle East & Africa                               

                                6.5.1 Introduction                           

                                6.5.2 Middle-East                            

                                6.5.3 Africa                        

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                      

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services               

                                7.2.5 Competitive Rivalry within the Industry                      

8. Market Leaders' Analysis                                                        

                8.1 Zoetis Inc.                                   

                                8.1.1 Overview                

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                            

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Merck & Co. Inc.                                       

                8.3 Bayer Corporation                                   

                8.4 Eli Lilly & Co.                                              

                8.5 Merial S.A.S                               

                8.6 Boehringer Ingelheim Vetmedica                                     

                8.7 Novartis Animal Health                                          

                8.8 Vibrac S.A                                   

                8.9 Ceva Sante Animale                                

                8.10 Vétoquinol S.A.                                      

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                        

                9.3 Agreements, collaborations and Joint Ventures                                          

                9.4 New Product Launches                                          

10. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Bovine Respiratory Disease Treatment Market, By Region, From 2021 to 2026 (USD Million)
  2. Global Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  3. Global Anti-Infectious Agents Market, By Region, From 2021 to 2026 (USD Million)
  4. Global Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  5. Global Antibiotics Market, By Region, From 2021 to 2026 (USD Million)
  6. Global Sulfas Market, By Region, From 2021 to 2026 (USD Million)
  7. Global Anti-Parasiticides Market, By Region, From 2021 to 2026 (USD Million)
  8. Global Bronchodilators Market, By Region, From 2021 to 2026 (USD Million)
  9. Global Oral Rehydration Fluids Market, By Region, From 2021 to 2026 (USD Million)
  10. Global Non-Steroidal Anti-Inflammatories Market, By Region, From 2021 to 2026 (USD Million)
  11. Global Mucolytic Market, By Region, From 2021 to 2026 (USD Million)
  12. North America Bovine Respiratory Disease Treatment Market, By Region, From 2021 to 2026 (USD Million)
  13. North America Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  14. North America Anti-Infectious Agents Market, By Region, From 2021 to 2026 (USD Million)
  15. North America Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  16. North America Antibiotics Market, By Region, From 2021 to 2026 (USD Million)
  17. North America Sulfas Market, By Region, From 2021 to 2026 (USD Million)
  18. North America Anti-Parasiticides Market, By Region, From 2021 to 2026 (USD Million)
  19. North America Bronchodilators Market, By Region, From 2021 to 2026 (USD Million)
  20. North America Oral Rehydration Fluids Market, By Region, From 2021 to 2026 (USD Million)
  21. North America Non-Steroidal Anti-Inflammatories Market, By Region, From 2021 to 2026 (USD Million)
  22. North America Mucolytic Market, By Region, From 2021 to 2026 (USD Million)
  23. United States Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  24. United States Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  25. Canada Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  26. Canada Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  27. Europe Bovine Respiratory Disease Treatment Market, By Region, From 2021 to 2026 (USD Million)
  28. Europe Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  29. Europe Anti-Infectious Agents Market, By Region, From 2021 to 2026 (USD Million)
  30. Europe Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  31. Europe Antibiotics Market, By Region, From 2021 to 2026 (USD Million)
  32. Europe Sulfas Market, By Region, From 2021 to 2026 (USD Million)
  33. Europe Anti-Parasiticides Market, By Region, From 2021 to 2026 (USD Million)
  34. Europe Bronchodilators Market, By Region, From 2021 to 2026 (USD Million)
  35. Europe Oral Rehydration Fluids Market, By Region, From 2021 to 2026 (USD Million)
  36. Europe Non-Steroidal Anti-Inflammatories Market, By Region, From 2021 to 2026 (USD Million)
  37. Europe Mucolytic Market, By Region, From 2021 to 2026 (USD Million)
  38. U.K Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  39. U.K Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  40. Spain Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  41. Spain Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  42. Germany Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  43. Germany Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  44. Italy Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  45. Italy Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  46. France Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  47. France Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  48. Asia-Pacific Bovine Respiratory Disease Treatment Market, By Region, From 2021 to 2026 (USD Million)
  49. Asia-Pacific Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  50. Asia-Pacific Anti-Infectious Agents Market, By Region, From 2021 to 2026 (USD Million)
  51. Asia-Pacific Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  52. Asia-Pacific Antibiotics Market, By Region, From 2021 to 2026 (USD Million)
  53. Asia-Pacific Sulfas Market, By Region, From 2021 to 2026 (USD Million)
  54. Asia-Pacific Anti-Parasiticides Market, By Region, From 2021 to 2026 (USD Million)
  55. Asia-Pacific Bronchodilators Market, By Region, From 2021 to 2026 (USD Million)
  56. Asia-Pacific Oral Rehydration Fluids Market, By Region, From 2021 to 2026 (USD Million)
  57. Asia-Pacific Non-Steroidal Anti-Inflammatories Market, By Region, From 2021 to 2026 (USD Million)
  58. Asia-Pacific Mucolytic Market, By Region, From 2021 to 2026 (USD Million)
  59. China Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  60. China Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  61. India Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  62. India Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  63. Japan Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  64. Japan Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  65. South Korea Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  66. South Korea Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  67. Australia Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  68. Australia Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  69. Latin America Bovine Respiratory Disease Treatment Market, By Region, From 2021 to 2026 (USD Million)
  70. Latin America Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  71. Latin America Anti-Infectious Agents Market, By Region, From 2021 to 2026 (USD Million)
  72. Latin America Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  73. Latin America Antibiotics Market, By Region, From 2021 to 2026 (USD Million)
  74. Latin America Sulfas Market, By Region, From 2021 to 2026 (USD Million)
  75. Latin America Anti-Parasiticides Market, By Region, From 2021 to 2026 (USD Million)
  76. Latin America Bronchodilators Market, By Region, From 2021 to 2026 (USD Million)
  77. Latin America Oral Rehydration Fluids Market, By Region, From 2021 to 2026 (USD Million)
  78. Latin America Non-Steroidal Anti-Inflammatories Market, By Region, From 2021 to 2026 (USD Million)
  79. Latin America Mucolytic Market, By Region, From 2021 to 2026 (USD Million)
  80. Brazil Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  81. Brazil Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  82. Argentina Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  83. Argentina Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  84. Mexico Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  85. Mexico Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  86. Middle East & Africa Bovine Respiratory Disease Treatment Market, By Region, From 2021 to 2026 (USD Million)
  87. Middle East & Africa Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  88. Middle East & Africa Anti-Infectious Agents Market, By Region, From 2021 to 2026 (USD Million)
  89. Middle East & Africa Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  90. Middle East & Africa Antibiotics Market, By Region, From 2021 to 2026 (USD Million)
  91. Middle East & Africa Sulfas Market, By Region, From 2021 to 2026 (USD Million)
  92. Middle East & Africa Anti-Parasiticides Market, By Region, From 2021 to 2026 (USD Million)
  93. Middle East & Africa Bronchodilators Market, By Region, From 2021 to 2026 (USD Million)
  94. Middle East & Africa Oral Rehydration Fluids Market, By Region, From 2021 to 2026 (USD Million)
  95. Middle East & Africa Non-Steroidal Anti-Inflammatories Market, By Region, From 2021 to 2026 (USD Million)
  96. Middle East & Africa Mucolytic Market, By Region, From 2021 to 2026 (USD Million)
  97. Middle East Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  98. Middle East Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)
  99. Africa Bovine Respiratory Disease Treatment Market, By Type of Treatment, From 2021 to 2026 (USD Million)
  100. Africa Bovine Respiratory Disease Treatment Market, By Anti-Infectious Agents, From 2021 to 2026 (USD Million)

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