Animal Health Market Scenario and Long-Range Forecast 2026 to 2035

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Animal Health Market"-, By Product (Pharmaceuticals, Biologics, Medicinal Feed Additives, Diagnostics, Equipment & Disposables, Others) By Animal (Companion Animals, Production Animals), By Distribution Channel (Hospital/ Clinic Pharmacy, Retail, E-commerce), By End User (Veterinary Hospitals & Clinics, Veterinary Reference Laboratories, Home Use, Others), and Global Forecasts, 2025-2034 And Segment Revenue and Forecast To 2034."

Animal Health Market Size is valued at USD 62.3 Bn in 2024 and is predicted to reach USD 128.7 Bn by the year 2034 at an 7.5% CAGR during the forecast period for 2025-2034.

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Animal healthcare refers to the provision of pharmaceuticals, vaccines, medicated feed, and diagnostic solutions aimed at the prevention, management, and treatment of diseases in animals. Animals play a critical role in human society by offering companionship, contributing to food security, and supporting safety and protection, while also serving as valuable subjects in biological and medical research, including drug development and genetic analysis.

The demand for animal healthcare products is expected to rise steadily, driven by increasing awareness of animal diseases, the implementation of stringent regulatory standards, and proactive efforts to prevent disease outbreaks associated with animal epidemics. Consequently, the global animal health market is witnessing significant expansion. Furthermore, the growing worldwide demand for protein and other animal-derived food products has reinforced the need for advanced and effective veterinary healthcare infrastructure.

List of Prominent Players in the Animal Health Market:
• Virbac S.A.
• NEOGEN Corporation
• Zoetis Inc.
• Vetoquinol S.A.
• Dechra Pharmaceuticals plc
• Mars Inc.
• Animalcare Group plc
• Bimeda
• Biognesis Bag
• Bioveta
• China Animal Husbandry Industry Company
• Chanelle
• ImmuCell Corporation
• Laboratorios CALIER, S.A
• HIPRA, S.A.
• Norbrook Laboratories
• Alembic Animal Health
• Boehringer Ingelheim GmbH
• Elanco
• IDEXX Laboratories, Inc.
• Ceva Santé Animale
• Merck & Co Inc.

Market Dynamics:
Drivers:
The increasing prevalence of pet ownership, particularly among Millennials and Generation Z, is a primary factor supporting the growth of the animal healthcare market. This demographic shift has heightened demand for advanced and innovative solutions that improve pet health management, safety, and overall quality of care.

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Challenges:
Strict government regulations governing the approval of animal pharmaceuticals pose a significant constraint on market expansion. In the United States, for example, all veterinary drugs must obtain approval from the Food and Drug Administration (FDA) prior to commercialization. According to industry estimates, the development of a new veterinary drug can require up to a decade and investment exceeding USD 100 million, creating substantial barriers for market participants.

Regional Trends:
North America accounts for the largest share of the global animal healthcare market, driven by strong government initiatives focused on enhancing animal health, food safety, and biosecurity. Organizations such as Animal Health Emergency Management (AHEM) contribute to maintaining the quality, safety, and affordability of animal-derived products while emphasizing disease prevention, outbreak response, and effective control measures.

In contrast, the Asia-Pacific region is projected to witness the fastest growth during the forecast period. Rising disposable incomes and changing lifestyles in countries such as China, India, and Japan have led to increased pet adoption and a growing demand for veterinary healthcare services.

Recent Developments:
• In Dec 2024, Zoetis Inc., introduced the Vetscan OptiCellTM, a novel screenless point-of-care hematological analyzer, to the world at the Veterinary Meeting & Expo (VMX) in January in Orlando, Florida. It is the first veterinary hematology diagnostic instrument that uses a cartridge and artificial intelligence (AI) to provide accurate insights in minutes through full blood count (CBC) analysis.
• In January 2024, Neogen Corporation declared the Provecta Pro Flea & Tick Collar for Dogs to be available. For dogs and pups 12 weeks of age and up, Provecta Pro provides easy and mess-free protection. Containing two active ingredients, Deltamethrin and the IGR (S)-Methoprene, Provecta Pro provides long-lasting, full-body protection against fleas, ticks, and mosquitoes* for six months.
• In November 2023, Virbac completed the acquisition of Globion's majority interest. By expanding Virbac India's current poultry offering into the expanding field of avian vaccines, this deal will strengthen position as India's leader in animal health. The development, production, and marketing of live and inactivated vaccines that target a wide range of avian infections are areas in which Globion has established strong knowledge and competence.

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Segmentation of Animal Health Market.
Global Animal Health Market- By Product
• Pharmaceuticals
o Parasiticides
o Anti-infectives
o Anti-inflammatory
o Analgesic
o Others
• Biologics
o Vaccines
 Modified/ Attenuated Live
 Inactivated (Killed)
 Others
o Other Biologics
• Medicinal Feed Additives
• Diagnostics
o Consumables
o Instruments
• Equipment & Disposables
o Critical Care Consumables
o Anesthesia Equipment
o Fluid Management Equipment
o Temperature Management Equipment
o Rescue & Resuscitation Equipment
o Research Equipment
o Patient Monitoring Equipment
• Others
o Veterinary Software
o Veterinary Telehealth
o Livestock Monitoring
Global Animal Health Market - By Animal
• Companion Animals
o Dogs
o Cats
o Horses
o Others
• Production Animals
o Cattle
o Swine
o Poultry
o Sheep & Goats
o Fish
Global Animal Health Market - By Distribution Channel
• Hospital/ Clinic Pharmacy
• Retail
• E-commerce
Global Animal Health Market - By End User
• Veterinary Hospitals & Clinics
• Veterinary Reference Laboratories
• Home Use
• Others
Global Animal Health Market - By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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