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Prospects of veterinary drug packaging industry

Jan. 27, 2021

Veterinary drugs refer to substances used to prevent, treat, or diagnose animal diseases or to purposely regulate animal physiological functions. With the vigorous development of animal husbandry, the importance of veterinary vaccines, diagnostic products, antibiotics, disinfectants and other veterinary drugs in the prevention and control of animal diseases has gradually become prominent, which has promoted the development of the veterinary drug packaging industry.

Prospects of veterinary drug packaging industry

paste syringe

After years of development, the veterinary drug market has entered a period of steady development. According to the "Veterinary Drug Industry Production and Sales Demand and Investment Forecast Analysis Report" released by the Foresight Industry Research Institute, the global veterinary drug market has maintained a steady growth trend from 2010 to 2016. In 2016, the global veterinary drug market has grown to 347.2 billion yuan. It is expected that the global veterinary drug market will increase at an average annual compound rate of 7.3% from 2017 to 2022. By 2022, this scale will reach 537.2 billion yuan.

Prospects of veterinary drug packaging industry

vaccne bottle

With the continuous growth of the market size of the veterinary drug industry, veterinary drug packaging has also received more attention. Veterinary drug packaging refers to the container used to store the drug to ensure the stability of the drug and the safety during transportation. Good drugs need high-quality veterinary drug packaging as a guarantee. In order to standardize the development of the industry, veterinary drug packaging is becoming more and more rigorous in terms of production process and quality requirements. The six other veterinary drug packaging group standards not only set clear requirements on packaging quality, but also fill the gap in the market for group standards for the veterinary drug packaging industry and become a useful supplement to the national standards. On the whole, the veterinary drug packaging industry is moving towards a more standardized, sustainable and healthy development.

Judging the development prospects of an industry should be comprehensively considered from the development of its related industrial chain and the development of the industry itself. From the perspective of the market size of the veterinary drug industry, it will definitely drive the rapid growth of the veterinary drug packaging industry. With the continuous introduction of various industry standards, the veterinary drug packaging industry is bound to achieve long-term development driven by the huge market.


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