Mexico Animal Health Market Size & Outlook, 2024-2030
Mexico animal health market, 2018-2030 (US$M)
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Mexico animal health market highlights
- The Mexico animal health market generated a revenue of USD 3,082.1 million in 2024 and is expected to reach USD 4,946.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.2% from 2025 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating product in 2024.
- Diagnostics is the most lucrative product segment registering the fastest growth during the forecast period.
Animal health market data book summary
| Market revenue in 2024 | USD 3,082.1 million |
| Market revenue in 2030 | USD 4,946.9 million |
| Growth rate | 8.2% (CAGR from 2025 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Diagnostics |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics, Pharmaceuticals, Diagnostics, Equipment & Disposables, Medicinal Feed Additives |
| Key market players worldwide | Zoetis Inc Class A, CEVA Inc, Merck & Co Inc, Vetoquinol SA, Boehringer Ingelheim, Elanco Animal Health Inc, Virbac SA, Mars Group Holdings Corp, Dechra Pharmaceuticals, IDEXX Laboratories Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 4.6% of the global animal health market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico animal health market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 2,022.2 million by 2030.
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Animal Health Market Scope
Animal Health Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 40.42% in 2024. Horizon Databook has segmented the Mexico 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.
Mexico is expected to exhibit lucrative CAGR during the forecast period due to increasing measures to counter disease outbreaks. For instance, presence of DINESA, which is an animal health emergency management system aimed at prevention and control of highly prevalent animal diseases.
They conduct investigations on regular basis for the disease outbreaks and play major role in promoting awareness with respect to the diseases and their treatment measures. Mexico also has efficient surveillance systems which prevent or respond rapidly to animal health emergencies caused by pathogenic agents.
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Target buyers of Mexico 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 country-level data and insights on the Mexico animal health market , including forecasts for subscribers. This country databook contains high-level insights into Mexico animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico Animal Health Market Outlook Share, 2024 & 2030 (US$M)
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