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Description
The Latin America Aquaculture Healthcare Market size to reach USD X million in 2021 at a CAGR of X% during the forecast period 2022 to 2028. Aquaculture refers to the breeding, rearing, and harvesting of aquatic organisms such as aquatic plants, fishes, and other animals in the lakes, ponds, rivers, and oceans. Aquaculture healthcare is considered as an essential part to prevent or cure various diseases such as injuries, parasitic diseases, bacterial, viral, and fungal infections among others. Aquaculture healthcare is an essential part of herd management to reduce the loss of aquatic products due to various diseases. Drivers are Increase in the population demand for healthy aquatic food products and growth in aquaculture farming in Brazil, Mexico, and Argentina, Adoption of newer diagnostic tests and therapeutics for aquaculture, and government support for the protection of aquatic animal health and Rise in prevalence of various diseases due to rise in water pollution and expansion of business by market players. Restraints are Stringent regulations for the approval of newer therapeutics and vaccines, Adverse effects associated with the drugs and vaccines, and Lack of awareness about aquaculture diseases in veterinary professionals Latin America Aquaculture Healthcare Market is segmented on the basis of product type, species type, disease type, route of administration, and distribution channel, and country.
