Canada Veterinary Medicine Market Size & Outlook, 2026-2033
Global Market
Related Markets
Canada veterinary medicine market highlights
- The Canada veterinary medicine market generated a revenue of USD 2,778.4 million in 2025 and is expected to reach USD 5,883.6 million by 2033.
- The Canada market is expected to grow at a CAGR of 10% from 2026 to 2033.
- In terms of segment, pharmaceuticals was the largest revenue generating product in 2025.
- Biologics is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary medicine market data book summary
| Market revenue in 2025 | USD 2,778.4 million |
| Market revenue in 2033 | USD 5,883.6 million |
| Growth rate | 10% (CAGR from 2026 to 2033) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Biologics |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics, Pharmaceuticals, Medicated Feed Additives |
| Key market players worldwide | Zoetis Inc Class A, Boehringer Ingelheim, Merck & Co Inc, Elanco Animal Health Inc, Dechra Pharmaceuticals, Ceva Santé Animale, Phibro Animal Health Corp Class A, Virbac SA, Bimeda Ireland, Biogenesis Bago |
Other key industry trends
- In terms of revenue, Canada accounted for 5.4% of the global veterinary medicine 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. veterinary medicine market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 3,272.4 million by 2033.
The Canada veterinary medicine market has shown strong growth over the last few years due to the high pet population, rising incidence of pet diseases, increasing number of local veterinary practices, presence of high-quality veterinary services, and growing number of veterinarians in the southern region, such as British Columbia & Ontario.
Besides, rising awareness of livestock diseases has created a strong demand for veterinary treatment in hospitals & clinics. For instance, Ontario has approximately 5,247 veterinarians, followed by 1,650 in British Columbia. Veterinarians can choose from a wide selection of vaccines designed to help prevent or lower the severity of diseases that threaten animals.
Every vaccine marketed for sale in the country must be licensed by the Canadian Food Inspection Agency with the Canadian Centre for Veterinary Biologics. Furthermore, manufacturers with FDA clearance in the U.S. have easy access to the Canadian market.
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Publish Date: Apr 06, 2026
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Veterinary Medicine Market Scope
Veterinary Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zoetis Inc Class A | View profile | 14,100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | www.zoetis.com |
| Virbac SA | View profile | 5,400 | 2065m LID, 1 ere avenue, Carros, France, 06516 | www.virbac.com |
| Merck & Co Inc | View profile | 72,000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | www.merck.com |
| Elanco Animal Health Inc | View profile | 9,800 | 2500 Innovation Way, Greenfield, IN, United States, 46140 | www.elanco.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | www.boehringer-ingelheim.com/ |
| Dechra Pharmaceuticals | View profile | 501-1000 | Northwich, Cheshire, United Kingdom, Europe | www.dechra.com |
| Ceva Santé Animale | View profile | 5001-10000 | Libourne, Aquitaine, France, Europe | www.ceva.us |
| Phibro Animal Health Corp Class A | View profile | 1,920 | 300 Frank W. Burr Boulevard, Suite 21, 3rd Floor, Glenpointe Centre East, Teaneck, NJ, United States, 07666-6712 | www.pahc.com |
| Biogenesis Bago | View profile | 501-1000 | Garín, Buenos Aires, Argentina, South America | www.biogenesisbago.com/en/ |
| Bimeda Ireland | View profile | 1001-5000 | Tallaght, Dublin, Ireland, Europe | www.bimeda.ie/ |
Canada Veterinary Medicine 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 Veterinary Medicine Market Outlook will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 64.51% in 2025.
Horizon Databook has segmented the Canada veterinary medicine market based on biologics, pharmaceuticals, medicated feed additives covering the revenue growth of each sub-segment from 2021 to 2033.
The Canada veterinary medicine market has shown strong growth over the last few years due to the high pet population, rising incidence of pet diseases, increasing number of local veterinary practices, presence of high-quality veterinary services, and growing number of veterinarians in the southern region, such as British Columbia & Ontario.
Besides, rising awareness of livestock diseases has created a strong demand for veterinary treatment in hospitals & clinics. For instance, Ontario has approximately 5,247 veterinarians, followed by 1,650 in British Columbia. Veterinarians can choose from a wide selection of vaccines designed to help prevent or lower the severity of diseases that threaten animals.
Every vaccine marketed for sale in the country must be licensed by the Canadian Food Inspection Agency with the Canadian Centre for Veterinary Biologics. Furthermore, manufacturers with FDA clearance in the U.S. have easy access to the Canadian market.
- Canada Veterinary Medicine Market Product Outlook (Revenue, USD Million , 2021-2033)
- Biologics
- Pharmaceuticals
- Medicated Feed Additives
- Canada Veterinary Medicine Market Animal Type Outlook (Revenue, USD Million , 2021-2033)
- Companion Animals
- Production Animals
- Canada Veterinary Medicine Market Route of Administration Outlook (Revenue, USD Million , 2021-2033)
- Oral
- Other Routes
- Injectable
- Topical
- Canada Veterinary Medicine Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
- E-commerce
- Offline Retail Stores
- Others
- Veterinary Hospitals & Clinics
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Veterinary Medicine Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Veterinary Medicine Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Veterinary Medicine Market, 2021-2033 (US$M)
Canada veterinary medicine market statistics, by product, 2021-2033 (US$M)
