Companion Animal Health Industry Insights 2025 | Expanding Veterinary Infrastructure, Global Players Expand Portfolios - Agrolabo Spa, Ceva, Elanco, Indian Immunologicals Ltd., Norbrook

companion animal health market size reached US$ 25.38 Billion in 2024 from US$ 23.37 Billion in 2023 and is expected to reach US$ 56.60 Billion by 2033, growing at a CAGR of 9.4% during the forecast period 2025-2033

DataM Intelligence has published a new research report on "Companion Animal Health Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

The American Pet Products Association (APPA) projects that spending on the pet industry will reach over USD 157 billion in 2025. However, rising costs have drawn criticism from pet owners in the U.S. and Europe, with many delaying or skipping essential veterinary care due to financial pressures. In the U.S., a routine vet visit typically costs $70-$174 for dogs and $53-$124 for cats.

According to the American Veterinary Medical Association (AVMA), around 45.5% of U.S. households own a dog, while 32.1% own a cat, representing approximately 59.8 million dogs and 42.2 million cats nationwide.

Get a Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/companion-animal-health-market?kb

Key Market Trends & Insights

North America leads the companion animal health market, accounting for the largest revenue share of 44.07% in 2024.

The Asia-Pacific region is projected to be the fastest-growing market, registering a CAGR of 9.1% during the forecast period.

By animal type, the dogs segment dominated the market, capturing the largest revenue share of 47.51% in 2024.

Key Players:

Merck & Co., Inc., Boehringer Ingelheim International GmbH, Agrolabo Spa, Ceva, Elanco, Indian Immunologicals Ltd., Norbrook, Vetoquinol, Zoetis Services LLC, and IDEXX, among others.

Key Development:

In July 2025, Neuberg Pulse Diagnostics, one of India's fastest-growing diagnostic networks, inaugurated its first state-of-the-art integrated diagnostics centre in Ranchi, featuring the city's first advanced PET-CT scanner. The company also entered a joint venture with Kolkata-based Pulse Diagnostics to expand its presence across eastern India, including West Bengal, Odisha, Bihar, Jharkhand, and the North Eastern states.

In May 2025, Mars introduced a range of AI-powered digital health tools for pet owners, beginning with a smartphone-based dental check for dogs. This initiative is part of Mars' $1 billion investment in digital innovation within its Pet Nutrition segment. The first product, GREENIES Canine Dental Check, now available in the U.S., uses AI trained on over 53,000 images to assess dogs' teeth and gums for tartar buildup and gum irritation.

Also in May 2025, Mars, the pet care leader behind brands such as ROYAL CANIN, WHISKAS, CESAR, BANFIELD, BLUEPEARL, VCA, and ANTECH, partnered with Calm, a global mental health company, to highlight the emotional and mental well-being benefits of pet ownership. The collaboration aims to raise awareness of how daily interactions with pets can promote relaxation, balance, and overall mental wellness.

In February 2025, Elanco Animal Health Incorporated launched Pet Protect, a new line of veterinarian-formulated supplements for dogs and cats. Designed to meet the growing demand in the pet supplement market, Pet Protect offers science-backed, modernized formulations tailored to address a wide range of pet health needs.

Growth Forecast Projected:

The Global Companion Animal Health Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Companion Animal Health Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=companion-animal-health-market?kb

Key Segments:

Type: (Dogs, Cats, and Others)

By Product Type: (Vaccines, Pharmaceuticals, Feed Additives, Diagnostics, Supplements, and Others)

By Distribution Channel: (Hospital Pharmacies, E-Commerce, Retail, and Others)

Regional Analysis for 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)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Companion Animal Health producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Companion Animal Health revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/companion-animal-health-market?kb

FAQ's

1Q: How fast is the Companion Animal Health Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 9.4% from 2025 to 2032

2Q: Which regions are dominating the Companion Animal Health Market and which are fastest-growing?

A: North America is projected to lead the global companion animal health market, accounting for 44.07% of the total share in 2024.

Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/companion-animal-health-market?kb

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

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.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.