Animal health/Sindan: Veterinary industry in Brazil should earn 3% more in 2023, at R$ 11 billion

게시됨 2024년 3월 12일

Tridge 요약

The National Union of the Animal Health Industry predicts a 3% growth in Brazil's animal health industry in 2023, increasing its value from R$ 10.5 billion to R$ 11 billion. This growth is largely due to the performance of ruminants, which constitute over half of the country's veterinary products market. However, the industry faced challenges in the previous year due to increased livestock farming input costs and a decrease in live cattle and milk prices. The industry was also affected by the cessation of foot-and-mouth disease vaccination in several states.
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원본 콘텐츠

By Tânia Rabello São Paulo, 03/11/2024 - The revenue of the animal health industry in Brazil is expected to grow by around 3% in 2023, from R$ 10.5 billion to R$ 11 billion, the National Union of the Animal Health Industry told Broadcast Agro. Animal Health Products (Sindan). The entity highlights, however, that these are preliminary numbers, as some companies associated with the union and publicly traded "will only be able to report their results after the end of the first quarter of 2024", it says in a note. The definitive data should be released by Sindan in May. According to the union, the timid growth last year can be attributed to the performance of ruminants, an animal category that represents more than half of the veterinary products market in the country. The sector, says Sindan, "experienced great instability last year", such as the rise in input costs for livestock farming combined with the sudden drop in the price of a pound of live cattle and a liter of milk paid to ...
출처: Broadcast

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