Animal Health Market Share

  • Report ID: 1225
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Animal Health Market Share

Regionally, the global animal health market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is projected to hold the largest market share by the end of 2037 backed by the increasing technological advancement, rise in research and development of more advanced therapeutics, growing number of pet adoption, and surge in zoonotic diseases in the region. It has been noted that each year in the United States, approximately 3.4 million animals get adopted.

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Author Credits:  Radhika Pawar


  • Report ID: 1225
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of animal health is evaluated at USD 52.93 billion.

The animal health market size was valued at USD 48.36 billion in 2024 and is expected to exceed USD 203.96 billion by the end of 2037, expanding at over 11.7% CAGR during the forecast period i.e., between 2025-2037. Upsurge in zoonotic diseases, escalating number of livestock, growing prevalence of diabetes in pets will impel the market growth.

North America industry is anticipated to hold largest revenue share by 2037, backed by increasing technological advancement, rise in research and development of more advanced therapeutics, growing number of pet adoption, and surge in zoonotic diseases in the region.

The major players in the market include Zoetis Inc., Heska Corporation, Merck & Co., Inc., Ceva Santé Animale, Virbac S.A., Midmark Corporation, Biogenesis Bago SA, and others.
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