PUBLISHER: The Business Research Company | PRODUCT CODE: 1938623
PUBLISHER: The Business Research Company | PRODUCT CODE: 1938623
Animal health encompasses the study and management of animal diseases, considering the interrelation between animal welfare, environmental protection, human health, and food safety. It involves practices and products aimed at ensuring the healthy development and well-being of animals.
The primary products within the animal health market include vaccines, pharmaceuticals, medicinal feed additives, diagnostics, equipment and disposables, and other related items. Commercial animals or livestock refer to living animals grown or raised for commercial purposes. Animal health products are employed to enhance the productivity of commercial animals, generate income, and maintain overall disease-free conditions. These products are administered through various routes, including oral, parenteral, and topical methods, and are utilized by both commercial and companion animal types. End users of animal health products include veterinary hospitals and clinics, animal care and rehabilitation centers, as well as diagnostic centers.
Tariffs have affected the animal health market by increasing costs of imported vaccines, pharmaceuticals, diagnostics, and veterinary equipment, impacting veterinary hospitals, diagnostic centers, and animal care facilities. Companion animal products in North America and Europe, and commercial animal products in Asia-Pacific, are most affected due to dependency on imported high-quality ingredients and devices. Positively, tariffs are driving local manufacturing, encouraging innovation in cost-effective animal health solutions, and strengthening regional supply chains.
The animal health market research report is one of a series of new reports from The Business Research Company that provides animal health market statistics, including animal health industry global market size, regional shares, competitors with a animal health market share, detailed animal health market segments, market trends and opportunities, and any further data you may need to thrive in the animal health industry. This animal health market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The animal health market size has grown strongly in recent years. It will grow from $59.77 billion in 2025 to $64.45 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to rising prevalence of animal diseases, increasing companion and commercial animal population, growth of veterinary hospitals and clinics, demand for advanced diagnostics, expansion of pharmaceutical and vaccine production.
The animal health market size is expected to see strong growth in the next few years. It will grow to $89.45 billion in 2030 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to advancements in genomic-based vaccines, growth of AI-enabled diagnostics, increasing adoption of feed additives, rising focus on animal welfare, expansion of point-of-care testing devices. Major trends in the forecast period include increasing focus on preventive animal healthcare, growth in companion animal wellness programs, expansion of laboratory and point-of-care diagnostics, rising adoption of medicinal feed additives, development of herbal and nutraceutical supplements.
The rising incidence of zoonotic diseases is expected to drive the growth of the animal health market in the coming years. Zoonotic diseases are infectious diseases that can be transmitted between various animal species and humans, or vice versa. Effective monitoring and safeguarding of animal health through various methods are crucial for controlling zoonosis and protecting public health. For example, in June 2023, a report from the National Library of Medicine, a US government-operated institution, highlighted that zoonotic diseases are responsible for approximately 2.5 billion human cases worldwide and around 2.7 million deaths each year. Consequently, the increasing prevalence of zoonotic diseases is set to boost the animal health market.
Leading companies in the animal health market are focusing on technological advancements, such as electronic prescription and delivery platforms, to strengthen their competitive position. Electronic prescription and delivery platforms are integrated digital systems that enable veterinarians to create, transmit, and manage prescriptions electronically while connecting to fulfillment services that deliver prescribed medications directly to animal owners. This improves access, convenience, and adherence to treatment regimens. For example, in January 2025, PetsApp Ltd, a UK-based digital pet health platform, launched an expanded Prescriptions Home Delivery service in partnership with Covetrus Inc., a US-based animal health technology provider, and National Veterinary Services Limited, a UK-based company offering animal health products and services. The service provides next-day delivery of prescribed medications, automated refill management, and tailored delivery options for clinics and owners. This innovation enhances timely access to essential therapies and supports clinic workflows, though it may require investment in digital integration and training.
In April 2024, Phibro Animal Health Corporation, a US-based provider of animal health and nutrition products, including medicated feed additives, vaccines, and specialty nutritional solutions, acquired Zoetis Inc.'s medicated feed additive (MFA) portfolio, certain water-soluble products, and related assets for $350 million. This acquisition allowed Phibro to expand its species and product offerings across cattle, swine, and poultry, strengthening its integrated solutions in animal health, disease prevention, and nutrition while enhancing its global manufacturing footprint and revenue base. Zoetis Inc. is a US-based animal health company that develops, manufactures, and markets vaccines, parasiticides, therapeutics, and other products for livestock and companion animals.
Major companies operating in the animal health market are Elanco Animal Health Incorporated, Merck Animal Health, Boehringer Ingelheim International GmbH, Heska Corporation, Vetoquinol SA, Virbac, Bayer AG, Novartis AG, Biogenesis Bago, Intervet International BV, IDEXX Laboratories Inc., Hester Biosciences Ltd., Intas Pharmaceutucals Ltd., Dechra Pharmaceuticals, Kindred Biosciences, Phibro Animal Health Corporation, Neogen Corporation, Norbrook Laboratories, Huvepharma EOOD, Abaxis Inc., ECO Animal Health Group, Hipra, Zoetis Inc., Kemin Industries, Troy Laboratories, Parnell Pharmaceuticals, Ceva Sante Animale, Bimeda Inc., Animalcare Group, PetIQ, AdvaVet Inc.
North America was the largest region in the animal health market in 2025. The regions covered in the animal health market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the animal health market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The animal health market consists of sales of biologics and flea and tick medications. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Animal Health Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses animal health market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for animal health ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The animal health market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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