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A surge in pet adoption and expenditures on their food and medications drove the U.S. pet industry to $103.6 billion in net sales in 2020. This rising demand for advanced vaccines and drugs to prevent the spread of air and food-borne diseases in animals has incentivized companies to upgrade their product portfolios and gain expanded market reach. The global animal health market is expected to grow at 9% CAGR to reach $88.67 billion by 2028. So, both PAHC and JAGX should benefit from the industry tailwinds.
But, while JAGX has lost 13% in price over the past month, PAHC has advanced in price marginally. And in terms of their past six months’ performance, PAHC is a clear winner with 7.8% gains versus JAGX’s negative returns. But, which of these stocks is a better pick now? Let’s find out.
