Investing in a veterinary pharmacy project in Yemen represents a promising investment opportunity in 2022, particularly in light of Yemen’s Vision 2030, which aims to advance the national economy, strengthen the foundations of economic stability, and strive to occupy a prominent position among global economies.
What is a veterinary pharmacy?
The veterinary pharmacy sells medications, along with veterinary services for animals, such as vaccinations, hoof trimming, wool shearing, haircuts, and more. Because the project will rely on modern equipment and new technologies, it will be able to attract target groups and capture a share of the Yemeni market.
In 2020, the global veterinary services market was valued at approximately USD 92,238.4 million. The global veterinary services market is expected to reach USD 157,399.8 million by 2028.
Thus, the global veterinary services market achieved a CAGR of 6.9% during the forecast period (2021-2028).
Mashroo3k Consulting Company recommends investing in a veterinary pharmacy project in Yemen, given the country’s abundant livestock. The following figure details the numbers of these animals:
For more details on the latest economic indicators and investment opportunities in Yemen, as well as the most prominent funding agencies supporting successful investment projects in the country, you can contact the investor services team at Mashroo3k Consulting.
