Press release
Australia Animal Health Market Size, Share, Trends and Forecast by 2025-2033
Australia Animal Health Market
The Australia animal health market size reached USD 779.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,001.6 Million by 2033, exhibiting a growth rate (CAGR) of 2.80% during 2025-2033.
Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 779.8 Million
Market Forecast in 2033: USD 1,001.6 Million
Market Growth Rate (2025-2033): 2.80%
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Australia Animal Health Market Overview
The Australian animal health market is continuing to grow steadily, fueled by increased rates of pet ownership, escalating demand for livestock disease management, biosecurity requirements, veterinary technology and innovation developments, and greater awareness of zoonotic diseases. Government initiatives our exportoriented and fast evolving livestock industries, and changing consumer preferences towards premium quality and ethically sourced animal derived products continue to add to the growth of our market.
Australia Animal Health Market Trends and Drivers
Australia has experienced significant increases in pet ownership, and pet parents have begun spending more on vet services, diagnostics, and preventative wellness products. However, this shift has also accelerated the development and availability of companion animal therapeutics, which include targeted medications for chronic conditions, more effective parasite control (e.g., fleas, ticks, and worms), and sophisticated diagnostics tools. For example, in August 2024, Animal Medicines Australia recorded an alarming increase in parasite cases (including flea, tick, and mod worm) that remain a year-round health threat to pets all over the Australian continent. To help pet owners, the AMA produced guidance and educational material including frequently asked questions, to try and raise awareness on parasite control and encourage pet-owning families to 'pro-actively' protect their companion animals from severe health and welfare consequences. Preventative care, such as annual health checks and vaccinations is becoming routine for a growing number of Australian pet owners and regular and seasonal pet owners. Pet owners across Australia expect clinics and vets to adopt preventative care as Standard Operating Practice (SOP) more routinely in clinical practice. The growing trend of clinics offering wellness plans and bundled packages of services has been in response to growing demands for a comprehensive and accessible animal healthcare system.
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Australia Animal Health Market Segmentation
By Animal Type:
• Companion Animals
• Livestock Animals
By Product Type:
• Pharmaceuticals
• Vaccines
• Feed Additives
• Diagnostics
• Others
By Region:
• New South Wales
• Victoria
• Queensland
• Western Australi
• South Australia
• Others
Key Highlights of the Report
• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145
About Us
IMARC Group is a leading market research and consulting company that offers strategy, research, and business intelligence solutions worldwide. We partner with global changemakers to shape market opportunities and drive transformative growth. Our services include market entry strategy, industry benchmarking, feasibility studies, regulatory insights, marketing and branding support, and robust data analysis across numerous sectors.
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