Press release
Europe Companion Animal Health Market Size to Double by 2031 with Strong Growth in Pet Wellness, Nutrition, and Veterinary Care | Inovet, Zoetis, Boehringer Ingelheim
The Europe companion animal health market size was valued at US$ 5,432.70 million in 2022 and is estimated to reach US$ 10,262.74 million by 2031, growing at a CAGR of 8.5% during the forecast period (2024-2031).The Europe companion animal health market includes veterinary pharmaceuticals, vaccines, and nutritional products for pets like dogs, cats, and exotic animals. Market growth is fueled by increasing pet adoption, rising disposable incomes, and growing awareness of animal wellness. Key products include anti-parasitics, vaccines, and specialty nutrition. Advances in biotechnology and pet diagnostics are enhancing treatment efficacy. Regulatory frameworks and veterinary healthcare infrastructure support market expansion. E-commerce and telehealth services for pets are boosting accessibility and demand.
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☛ Europe Companion Animal Health Market Recent Developments 2025:
✅ In August 2025, Mars Petcare Europe expanded its veterinary and pet health portfolio, targeting preventive care and nutrition.
✅ In July 2025, Boehringer Ingelheim Animal Health Europe launched advanced therapeutic solutions for companion animals.
✅ In June 2025, Elanco Europe partnered with veterinary clinics to deploy innovative animal health programs, improving pet care outcomes.
☛ Europe Companion Animal Health Market Trends:
This market covers veterinary care, nutrition, and therapeutics for pets, driven by rising pet ownership, humanization of pets, and preventive healthcare trends.
Trends include premium nutrition, tele-veterinary services, and biologics for pets. Western Europe leads due to high awareness and expenditure, while Eastern Europe is growing with increasing pet adoption. Regulatory compliance and high treatment costs are challenges.
☛ Europe Companion Animal Health Market Competitve Landscape:
Inovet, Zoetis, Boehringer Ingelheim, Elanco, Merck Animal Health, IDEXX Laboratories, VetPharma, Dechra Pharmaceuticals, Ceva Sante Animale, Neogen Corporation.
Research Methodology
We follow a hybrid research approach, combining qualitative insights with rigorous quantitative analysis to deliver reliable and comprehensive market intelligence. Our process begins with extensive secondary research, drawing on trusted industry reports, proprietary databases, and credible market sources. This is then reinforced through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.
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☛ Segment Covered in the Europe Companion Animal Health Market:
By Product: Anti-Infectives, Vaccines, Medicinal Feed Additives, Parasiticides, Diagnostics, Others.
By Animals: Cats, Dogs, Equine, Others.
☛ This Report Includes:
✔ Comprehensive go-to-market strategies with actionable insights.
✔ Unbiased evaluation of overall market performance.
✔ Deep-dive analysis into development trends, competitive landscape, supply-demand dynamics, YoY growth, benchmarking, vendor mapping, market access, and overall progress.
✔ Tailored regional and country-level reports with detailed localized analysis available on request.
✔ Identification of niche segments and high-growth regions presenting strong opportunities.
✔ Accurate regional forecasts using both top-down and bottom-up approaches.
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☛ Regional Analysis for Europe Companion Animal Health Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
☛ FAQ's
Q1: What is the current size of the Europe Companion Animal Health Market and its future potential?
A: Europe companion animal health market size was valued at US$ 5,432.70 million in 2022 and is estimated to reach US$ 10,262.74 million by 2031.
Q2: How fast is the Europe Companion Animal Health Market expected to grow in the coming years?
A: The market is forecast to expand at a robust CAGR of 8.5% between 2025 and 2032, signaling strong global growth and investment potential.
Q3: Which regions are dominating the Europe Companion Animal Health Market and which are fastest-growing?
A: Germany dominating the Europe Companion Animal Health Market.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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