Canada Companion Animal Health Market Size & Outlook
The companion animal health market in Canada is expected to reach a projected revenue of US$ 2,896.9 million by 2033. A compound annual growth rate of 12.4% is expected of Canada companion animal health market from 2026 to 2033.
The Canada companion animal health market generated a revenue of USD 1,142.6 million in 2025 and is expected to reach USD 2,896.9 million by 2033.
The Canada market is expected to grow at a CAGR of 12.4% from 2026 to 2033.
In terms of segment, cats was the largest revenue generating animal type in 2025.
Equine is the most lucrative animal type segment registering the fastest growth during the forecast period.
Companion animal health market data book summary
Market revenue in 2025
USD 1,142.6 million
Market revenue in 2033
USD 2,896.9 million
Growth rate
12.4% (CAGR from 2026 to 2033)
Largest segment
Cats
Fastest growing segment
Equine
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Dogs, Equine, Cats, Other Animal type
Key market players worldwide
Merck & Co Inc, CEVA Inc, Vetoquinol SA, Zoetis, Boehringer Ingelheim, IDEXX Laboratories Inc, Elanco Animal Health Inc, Indian Immunologicals, Virbac SA, Norbrook
Other key industry trends
In terms of revenue, Canada accounted for 4.5% of the global companion animal health market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In North America, U.S. companion animal health market is projected to lead the regional market in terms of revenue in 2033.
Canada is the fastest growing regional market in North America and is projected to reach USD 2,896.9 million by 2033.
Canada is expected to witness exponential growth in the coming years. Growing pet ownership and high number of pet parents, individuals who treat their pets as family members, are boosting the demand for veterinary services in the country.
According to Canadian Animal Health Institute, dog population increased from 7.6 million in 2016 to 8.2 million in 2018, while 8.3 million cats were considered household pets in 2018.
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 Companion Animal Health Market Outlook will help companies and investors design strategic landscapes.
Cats was the largest segment with a revenue share of 39.81% in 2025.
Horizon Databook has segmented the Canada companion animal health market based on dogs, equine, cats, other animal type covering the revenue growth of each sub-segment from 2021 to 2033.
Canada is expected to witness exponential growth in the coming years. Growing pet ownership and high number of pet parents, individuals who treat their pets as family members, are boosting the demand for veterinary services in the country.
According to Canadian Animal Health Institute, dog population increased from 7.6 million in 2016 to 8.2 million in 2018, while 8.3 million cats were considered household pets in 2018.
Canada Companion Animal Health Market Animal type Outlook (Revenue, USD Million , 2021-2033)
Dogs
Equine
Cats
Other Animal type
Canada Companion Animal Health Market Product Outlook (Revenue, USD Million , 2021-2033)
Vaccines
Pharmaceuticals
Feed Additives
Diagnostics
Other Products
Canada Companion Animal Health Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
Retail
E-Commerce
Hospital Pharmacies
Canada Companion Animal Health Market End Use Outlook (Revenue, USD Million , 2021-2033)
Point-of-care/In-house testing
Hospitals & clinics
Other End-Use
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Companion Animal Health Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Companion Animal Health Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Companion Animal Health Market, 2021-2033 (US$M)