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Global Swine Diagnostic Testing Market Poised for Significant Growth Driven by Rising Pork Demand and Biosecurity Regulations, Forecast to Reach $5.71 Billion by 2034
The global Swine Diagnostic Testing Market is on a robust growth trajectory, valued at an estimated $3.66 Billion in 2024 and projected to expand to $5.71 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.56% over the forecast period. This significant expansion is primarily fueled by the increasing global demand for animal protein, particularly pork, which necessitates stringent health and productivity maintenance across swine herds. A major driver is the escalating focus on biosecurity measures and effective disease management, spurred by the continuous threat of large-scale disease outbreaks like African Swine Fever. Furthermore, stringent government regulations and animal health standards compel swine producers to invest in regular diagnostic testing to ensure food safety and minimize substantial economic losses associated with disease. A…