Despite an uneven economic recovery, demand for higher-quality animal healthcare continues to increase. Veterinary spending on pets has grown at a steady clip in recent years and ought to remain strong. Meanwhile many farmers across the world are looking for ways to keep their farm animals healthier in an effort to protect their bottom lines. With favorable growth trends over the foreseeable future, the animal healthcare sector offers some intriguing investment opportunities.
As human population levels continue to rise across the world, animal-based protein is liable to become ever more valuable. Indeed, figures from the Consumer Price Index indicate prices for meat, poultry, and eggs are up roughly 27% since 2010. Leading the way are beef and veal, have grown 45% over that span.