Global Animal Health Market Size & Outlook, 2024-2030
Global animal health market, 2018-2030 (US$M)
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Global animal health market highlights
- The global animal health market generated a revenue of USD 66,996.7 million in 2024 and is expected to reach USD 112,366.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.2% by 2030.
- In terms of segment, pharmaceuticals accounted for a revenue of USD 28,938.1 million in 2024.
- Diagnostics is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Singapore is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 66,996.7 million |
| Market revenue in 2030 | USD 112,366.8 million |
| Growth rate | 9.2% (CAGR from 2025 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Diagnostics |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics, Pharmaceuticals, Diagnostics, Equipment & Disposables, Medicinal Feed Additives |
Other key industry trends
- In terms of revenue, the North America accounted for 31.9% of the global animal health market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Singapore is the fastest growing regional market and is projected to reach USD 194.8 million by 2030.
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Animal Health Market Scope
Animal Health Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global animal health market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to animal health market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 43.19% in 2024. Horizon Databook has segmented the Global animal health market based on biologics, pharmaceuticals, diagnostics, equipment & disposables, medicinal feed additives covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Animal Health Product Outlook (Revenue, USD Million, 2018-2030)
- Biologics
- Vaccines
- Modified/ Attenuated Live
- Inactivated (Killed)
- Other Vaccines
- Other Biologics
- Vaccines
- Pharmaceuticals
- Parasiticides
- Anti-infectives
- Anti-inflammatory
- Analgesics
- Others
- Diagnostics
- Consumables, reagents and kits
- Instruments and devices
- Equipment & Disposables
- Critical Care Consumables
- Anesthesia Equipment
- Fluid Management Equipment
- Temperature Management Equipment
- Rescue & Resuscitation Equipment
- Research Equipment
- Patient Monitoring Equipment
- Medicinal Feed Additives
- Others
- Veterinary Telehealth
- Veterinary Software
- Livestock Monitoring
- Biologics
- Global Animal Health Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Production Animals
- Poultry
- Swine
- Cattle
- Sheep & Goats
- Fish
- Companion Animals
- Dogs
- Cats
- Horses
- Others
- Production Animals
- Global Animal Health Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Retail
- E-Commerce
- Hospital/ Clinic Pharmacy
- Global Animal Health End Use Outlook (Revenue, USD Million, 2018-2030)
- Veterinary Reference Laboratories
- Point-of-care Testing/In-house Testing
- Veterinary Hospitals & Clinics
- Others
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Target buyers of Global animal health market databook
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Our clientele includes a mix of animal health market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global animal health market , including forecasts for subscribers. This global databook contains high-level insights into Global animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global animal health market size, by regions, 2018-2030 (US$M)
Top 10 countries: Animal health market size, 2024 (US$M)
Global animal health market share, by product, 2024 & 2030 (%, US$M)
Animal health market: Opportunity assessment by country
Global animal health market, by region, 2024 (US$M)
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