The Brazil Companion Animal Health market was worth XX billion in 2018 and is forecasted to reach XX billion by 2026, growing at a CAGR of XX% during the forecast period (2018-2026). In 2017, the pet care industry in Brazil accounted for XX% of the global pet care market.
Rising prevalence of parasitic & infectious diseases and increasing number of companion animal ownership is boosting the market growth for companion animal healthcare market in Brazil. However, changes in purchase patterns, increased generic drugs, low-cost human drug sublimities, and regulatory restriction is vital factors which might restrain the market growth significantly.
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