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Veterinary Anti-infectives Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Veterinary Anti-infectives Market
The anticipated rise in pet ownership is predicted to boost the veterinary anti-infectives market's expansion. The term pet ownership encompasses owning a dog, cat, or other domestic animal in the home. The trend of adopting pets has risen as a high proportion of younger individuals are regarding pets as family members, and others are adopting pets for their loyalty, their compassion, and as a means to combat isolation. For instance, Animal Medicines Australia, a non-governmental organisation in Australia, reported a considerable rise in pet ownership in 2022. The data showed a substantial acceleration in pet owners, with numbers hitting 28,730.8 in 2022, an uptick from 39% in 2021, which equals a 24% growth. This represents a notable positive trend in pet adoption and expenditure on their care. This increase in pet ownership is highlighting the escalating prevalence of pets in Australian homes and in turn is fuelling the demand in the veterinary anti-infectives market.
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What Is the projected market size and growth rate for the veterinary anti-infectives market?
In recent times, there has been a significant expansion in the size of the veterinary anti-infectives market. The forecast projects an increase from $5.54 billion in 2024 to $6.03 billion in 2025, signifying a compound annual growth rate (CAGR) of 8.9%. The previous growth can be credited to factors such as the rise in pet ownership, spread of infectious diseases, advances in veterinary medicine, increased consciousness, and government measures.
The market size of veterinary anti-infectives is projected to undergo robust expansion in the coming years, reaching $8.74 billion by 2029 with a CAGR of 9.7%. This predicted progression in the forecast period can be linked to the ongoing surge in pet population, the emergence of zoonotic ailments, global expansion of pet trade, and an increment in veterinary health spending. Key trends set to shape the forecast period embrace technological progression, increased usage of biologicals, telehealth integration into veterinary services, inclination towards natural and herbal substitutes, e-commerce growth in veterinary pharmaceuticals, and increased collaboration and partnerships.
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What new trends are reshaping the veterinary anti-infectives market and its opportunities?
Progressions in technology have become a significant trend soaring in popularity within the market for veterinary anti-infectives. Leading organizations within the market are leveraging cutting-edge technology to maintain their rankings in this sector. For example, in February 2022, Elanco Animal Health Incorporated, a pharmaceutical enterprise originating from the United States that focuses on producing medicines and vaccines for pets and livestock, debuted Increxxa - a newly sanctioned medication for treating livestock respiratory ailments. Increxxa, having tulathromycin as its principal component, is administered via injection into livestock, wherein it strikes the infection at the lungs instantaneously, resulting in rapid and enduring action, granting more time for the cattle to build a powerful defense mechanism. Specifically formulated for veterinary applications, tulathromycin, the potent ingredient in Increxxa, aids in reducing the adverse outcomes of bovine respiratory illnesses.
What major market segments define the scope and growth of the veterinary anti-infectives market?
The veterinary anti-infectives market covered in this report is segmented -
1) By Drug Class: Antimicrobial Agents, Antiviral Agents, Antifungal Agents, Other Drug Classes
2) By Species Type: Livestock Animals, Companion Animals
3) By Mode Of Administration: Oral, Parenteral, Topical
4) By Distribution Channel: Veterinary Hospitals, Veterinary Clinics, Pharmacies, Others Distribution Channels
Subsegments:
1) By Antimicrobial Agents: Antibiotics, Antiseptics
2) By Antiviral Agents: Vaccines, Antiviral Medications
3) By Antifungal Agents: Topical Antifungals, Systemic Antifungals
4) By Other Drug Classes: Parasiticides, Immune Modulators, Disinfectants
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Which region dominates the veterinary anti-infectives market?
North America was the largest region in the veterinary anti-infectives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary anti-infectives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the veterinary anti-infectives industry growth?
Major companies operating in the veterinary anti-infectives market include Bayer AG, C. H. Boehringer Sohn AG & Co. KG, Ceva Santé Animale, Elanco Animal Health Incorporated, Zoetis Inc., Vetoquinol S. A., Merck & Co., Phibro Animal Health, Aspen Veterinary Resources Ltd., Bimeda Animal Health Limited, Dechra Pharmaceuticals Plc, Intervet International B. V., Oceanic Pharmachem Pvt. Ltd., Virbac Ltd., Indian Immunologicals Ltd. (IIL), Norbrook Laboratories Ltd., Ashish Life Science Pvt. Ltd., Kyoritsu Seiyaku Corporation, Tianjin Ringpu Bio-Technology Co. Ltd., HIPRA, Zydus Animal Health and Investments Limited, China Animal Husbandry Group, ZOOVETVARU Ltd., Magnum Veterinaaria Ltd., Inovet (V. M. D. nv/sa), Chanelle Pharmaceuticals Manufacturing Ltd., Huvepharma Inc., Veyx Pharma GmbH, Biovet Pvt. Ltd., Laboratorios Ovejero SA, Laboratorios Syva S. A.
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What Is Covered In The Veterinary Anti-infectives Global Market Report?
•Market Size Forecast: Examine the veterinary anti-infectives market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the veterinary anti-infectives market for a structured understanding.
•Key Players Overview: Analyze major players in the veterinary anti-infectives market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the veterinary anti-infectives market.
•Segment Contributions: Evaluate how different segments drive overall growth in the veterinary anti-infectives market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the veterinary anti-infectives market.
•Industry Challenges: Identify potential risks and obstacles affecting the veterinary anti-infectives market.
•Competitive Landscape: Review strategic developments in the veterinary anti-infectives market, including expansions, agreements, and new product launches.
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