The global animal health care industry grew from USD ~ billion in 2006 to USD ~ billion in
2011, registering a CAGR of 6.0%. North America and Europe contributed around ~% and ~%
respectively in 2011. The Asia Pacific market grew at a CAGR of 11.5% from USD ~ million in
2006 to USD ~ million in 2011, with China witnessing 14.9% growth to USD ~ million in 2011.
The Australian market is projected to grow at a CAGR of 7.1% during 2012-2016 due to rising
heartworm disease.