Animal Blood Product Market, By Product Type, By End User, By Source Animal, By Distribution Channel, By Geography

Description

Global Animal Blood Product Market is estimated to be valued at USD 4.76 Bn in 2025 and is expected to reach USD 7.74 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 4.76 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	7.20%	2032 Value Projection:	USD 7.74 Bn

The global animal blood products market has emerged as a vital component of the animal healthcare industry, playing a crucial role in the treatment and prevention of various diseases in livestock and companion animals. Animal blood products, derived from the blood of healthy animals, are used in a wide range of applications, including immunization, disease diagnosis, and therapy. The market has witnessed significant growth in recent years, driven by factors such as increasing demand for animal protein, rising pet ownership, and advancements in veterinary medicine. As the world population continues to grow and the demand for animal-derived products surges, the animal blood products market is expected to expand further, presenting numerous opportunities for stakeholders in the industry.

Market Dynamics:

The global animal blood products market is influenced by several key drivers, restraints, and opportunities. One of the primary drivers is the increasing demand for animal protein, fueled by population growth and changing dietary preferences. As the consumption of meat, dairy, and other animal-derived products rises, the need for effective animal healthcare solutions, including blood products, grows in tandem. Additionally, the rising trend of pet ownership and the growing emphasis on pet health and wellness contribute to the market's growth. However, the market also faces certain restraints, such as concerns over the safety and efficacy of animal blood products, stringent regulatory requirements, and ethical considerations surrounding animal welfare. Despite these challenges, the market presents significant opportunities for growth, including the development of innovative and advanced blood products, the expansion of veterinary healthcare infrastructure in emerging economies, and the increasing adoption of companion animals in households worldwide. As the animal healthcare industry continues to evolve and address the changing needs of livestock and pets, the animal blood products market is poised for further growth and development.

Key Features of the Study:

This report provides in-depth analysis of the global animal blood products market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global animal blood products market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Neogen Corporation, VetBiotek, Hemostatix, BioProducts Laboratory Ltd, Vetoquinol, Grifols S.A., Luitpold Pharmaceuticals, Zoetis Inc., IDEXX Laboratories Inc., Parnell Pharmaceuticals, Elanco Animal Health, Merck Animal Health, Cegelec, Virbac, and Pfizer Animal Health
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global animal blood products market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global animal blood products market

Market Segmentation

Product Type Insights (Revenue, USD Bn, 2020 - 2032)
- Whole Blood
- Plasma
- Serum
- Red Blood Cells
- Platelets
- White Blood Cells
- Other Blood Derivatives (e.g., immunoglobulins, fibrinogen, serum albumin)
End User Insights (Revenue, USD Bn, 2020 - 2032)
- Pharmaceutical Companies
- Academic and Research Institutes
- Veterinary Clinics
- Diagnostic Laboratories
- Blood Transfusion Services
- Others (Academic and Research Institutions)
Source Animal Insights (Revenue, USD Bn, 2020 - 2032)
- Bovine
- Porcine
- Equine
- Canine
- Feline
- Others
Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
- Online
- Offline
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Neogen Corporation
- VetBiotek
- Hemostatix
- BioProducts Laboratory Ltd
- Vetoquinol
- Grifols S.A.
- Luitpold Pharmaceuticals
- Zoetis Inc.
- IDEXX Laboratories Inc.
- Parnell Pharmaceuticals
- Elanco Animal Health
- Merck Animal Health
- Cegelec
- Virbac
- Pfizer Animal Health

Product Code: CMI7961

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Animal Blood Products Market, By Product Type
- Global Animal Blood Products Market, By End User
- Global Animal Blood Products Market, By Source Animal
- Global Animal Blood Products Market, By Distribution Channel
- Global Animal Blood Products Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Driver
Restraint
Opportunity
Impact Analysis
Key Developments
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
Industry Trends

4. Global Animal Blood Products Market, By Product Type, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Whole Blood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Plasma
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Serum
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Red Blood Cells
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Platelets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
White Blood Cells
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Other Blood Derivatives (e.g., immunoglobulins, fibrinogen, serum albumin)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Animal Blood Products Market, By End User, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Pharmaceutical Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Academic and Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Veterinary Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Diagnostic Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Blood Transfusion Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others (Academic and Research Institutions)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Animal Blood Products Market, By Source Animal, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Bovine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Porcine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Equine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Canine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Feline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

7. Global Animal Blood Products Market, By Distribution Channel, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

8. Global Animal Blood Products Market, By Region, 2020 - 2032, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source Animal, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source Animal, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source Animal, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source Animal, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source Animal, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source Animal, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Neogen Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
VetBiotek
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hemostatix
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BioProducts Laboratory Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Vetoquinol
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Grifols S.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Luitpold Pharmaceuticals
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Zoetis Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
IDEXX Laboratories Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Parnell Pharmaceuticals
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Elanco Animal Health
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Merck Animal Health
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Cegelec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Virbac
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Pfizer Animal Health
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. References and Research Methodology

References
Research Methodology
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