Companion Animal Health Market Size, Share & Trends Report

Companion Animal Health Market Size, Share & Trends Analysis Report By Animal Type (Dogs, Cats), By Distribution Channel (Retail, E-commerce), By Product (Diagnostics, Vaccines), By End-use, And Segment Forecasts, 2023 - 2030

Report ID: GVR-2-68038-260-0
Number of Pages: 150
Format: Electronic (PDF)

Historical Range: 2018 - 2021
Industry: Healthcare

Market Segmentation

Companion Animal Health Product Outlook (Revenue, USD Million, 2018 - 2030)
- Vaccines
- Pharmaceuticals
  - OTC
  - Prescription
- Feed Additives
- Diagnostics
- Others
Companion Animal Health Animal Type Outlook (Revenue, USD Million, 2018 - 2030)
- Dogs
- Cats
- Equine
- Others
Companion Animal Health Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
- Retail
- E-commerce
- Hospital Pharmacies
Companion Animal Health End-Use Outlook (Revenue, USD Million, 2018 - 2030)
- Point-of-care/In-house Testing
- Hospitals & Clinics
- Others
Companion Animal Health Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
  - North America Companion Animal Health Market, By Product
    - Vaccines
    - Pharmaceuticals
      - OTC
      - Prescription
    - Feed Additives
    - Diagnostics
    - Others
  - North America Companion Animal Health Market, By Animal Type
    - Dogs
    - Equine
    - Cats
    - Others
  - North America Companion Animal Health Market, By Distribution Channel
    - Retail
    - E-commerce
    - Hospital pharmacies
  - North America Companion Animal Health Market, By End-Use
    - Point-of-care/In-house testing
    - Hospitals & clinics
    - Others
  - U.S.
    - U.S. Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - U.S. Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - U.S. Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - U.S. Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Canada
    - Canada Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Canada Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Canada Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Canada Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
- Europe
  - Europe Companion Animal Health Market, By Product
    - Vaccines
    - Pharmaceuticals
      - OTC
      - Prescription
    - Feed Additives
    - Diagnostics
    - Others
  - Europe Companion Animal Health Market, By Animal Type
    - Dogs
    - Equine
    - Cats
    - Others
  - Europe Companion Animal Health Market, By Distribution Channel
    - Retail
    - E-commerce
    - Hospital pharmacies
  - Europe Companion Animal Health Market, By End-Use
    - Point-of-care/In-house testing
    - Hospitals & clinics
    - Others
  - UK
    - UK Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - UK Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - UK Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - UK Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Germany
    - Germany Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Germany Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Germany Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Germany Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - France
    - France Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - France Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - France Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - France Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Italy
    - Italy Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Italy Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Italy Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Italy Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Spain
    - Spain Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Spain Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Spain Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Spain Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - The Netherlands
    - The Netherlands Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - The Netherlands Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - The Netherlands Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - The Netherlands Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Ireland
    - Ireland Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Ireland Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Ireland Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Ireland Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Sweden
    - Sweden Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Sweden Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Sweden Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Sweden Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Switzerland
    - Switzerland Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Switzerland Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Switzerland Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Switzerland Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Poland
    - Poland Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Poland Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Poland Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Poland Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Russia
    - Russia Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Russia Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Russia Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Russia Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
- Asia Pacific
  - Asia Pacific Companion Animal Health Market, By Product
    - Vaccines
    - Pharmaceuticals
      - OTC
      - Prescription
    - Feed Additives
    - Diagnostics
    - Others
  - Asia Pacific Companion Animal Health Market, By Animal Type
    - Dogs
    - Equine
    - Cats
    - Others
  - Asia Pacific Companion Animal Health Market, By Distribution Channel
    - Retail
    - E-commerce
    - Hospital pharmacies
  - Asia Pacific Companion Animal Health Market, By End-Use
    - Point-of-care/In-house testing
    - Hospitals & clinics
    - Others
  - Japan
    - Japan Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Japan Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Japan Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Japan Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - China
    - China Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - China Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - China Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - China Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - India
    - India Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - India Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - India Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - India Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - South Korea
    - South Korea Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - South Korea Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - South Korea Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - South Korea Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Australia
    - Australia Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Australia Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Australia Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Australia Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Thailand
    - Thailand Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Thailand Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Thailand Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Thailand Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Indonesia
    - Indonesia Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Indonesia Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Indonesia Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Indonesia Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Malaysia
    - Malaysia Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Malaysia Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Malaysia Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Malaysia Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Philippines
    - Philippines Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Philippines Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Philippines Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Philippines Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Singapore
    - Singapore Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Singapore Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Singapore Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Singapore Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
- Latin America
  - Latin America Companion Animal Health Market, By Product
    - Vaccines
    - Pharmaceuticals
      - OTC
      - Prescription
    - Feed Additives
    - Diagnostics
    - Others
  - Latin America Companion Animal Health Market, By Animal Type
    - Dogs
    - Equine
    - Cats
    - Others
  - Latin America Companion Animal Health Market, By Distribution Channel
    - Retail
    - E-commerce
    - Hospital pharmacies
  - Latin America Companion Animal Health Market, By End-Use
    - Point-of-care/In-house testing
    - Hospitals & clinics
    - Others
  - Brazil
    - Brazil Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Brazil Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Brazil Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Brazil Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Mexico
    - Mexico Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Mexico Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Mexico Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Mexico Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Argentina
    - Argentina Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Argentina Companion Animal Health Market, By Animal Type
      - Dogs
        
        Equine
      - Cats
      - Others
    - Argentina Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Argentina Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
- Middle East & Africa
  - Middle East & Africa Companion Animal Health Market, By Product
    - Vaccines
    - Pharmaceuticals
      - OTC
      - Prescription
    - Feed Additives
    - Diagnostics
    - Others
  - Middle East & Africa Companion Animal Health Market, By Animal Type
    - Dogs
    - Equine
    - Cats
    - Others
  - Middle East & Africa Companion Animal Health Market, By Distribution Channel
    - Retail
    - E-commerce
    - Hospital pharmacies
  - Middle East & Africa Companion Animal Health Market, By End-Use
    - Point-of-care/In-house testing
    - Hospitals & clinics
    - Others
  - South Africa
    - South Africa Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - South Africa Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - South Africa Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - South Africa Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Saudi Arabia
    - Saudi Arabia Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Saudi Arabia Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Saudi Arabia Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Saudi Arabia Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - UAE
    - UAE Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - UAE Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - UAE Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - UAE Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Turkey
    - Turkey Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Turkey Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Turkey Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Turkey Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Iran
    - Iran Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Iran Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Iran Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Iran Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others
  - Israel
    - Israel Companion Animal Health Market, By Product
      - Vaccines
      - Pharmaceuticals
        
        OTC
        
        Prescription
      - Feed Additives
      - Diagnostics
      - Others
    - Israel Companion Animal Health Market, By Animal Type
      - Dogs
      - Equine
      - Cats
      - Others
    - Israel Companion Animal Health Market, By Distribution Channel
      - Retail
      - E-commerce
      - Hospital pharmacies
    - Israel Companion Animal Health Market, By End-Use
      - Point-of-care/In-house testing
      - Hospitals & clinics
      - Others

Companion Animal Health Market Dynamics

Driver: Growth in number of pet owners

Rising number of pet owners is boosting the adoption of companion animals. This is expected to fuel the market growth during the forecast period. Owners are concerned about their pets, hence, the demand for efficient treatment is growing. The highest expenditure on pets is typically by dog and cat owners in the U.S. Increasing demand for effective animal care is boosting the need for veterinary surgeries. Government organizations are increasingly involved in issuing guidelines in order to promote veterinary services globally, which is expected to contribute to the market growth over the forecast period. For instance, the OIE International Standards, a part of WTO framework, establishes standards to improve animal health and promote international animal products trade. Such measures facilitate early detection, control, and reporting of pathogenic agents as well as prevent their transmission through rejection of products that do not adhere to the standards. Thus, significant improvement in the overall penetration rate of animal health products is anticipated to fuel the market demand and boost revenue.

Driver: Supportive government initiatives

The rise in the number of government initiatives that help promote animal health products is anticipated to drive the growth of the overall market during the forecast period. The introduction of One Health initiative for enhancement of healthcare standards for animals has broadened the growth prospects for companion animal health market. This collaborative initiative unifies clinical care, control, disease surveillance, and education & research areas for better management of epidemics. The need for efficient monitoring and awareness pertaining to epidemiology & pathogenesis of companion animals has urged organizations such as the Companion Animal Parasite Council and the European Scientific Counsel Companion Animal Parasites, to ensure appropriate measures are taken. These organizations also aim at maximizing productivity, focusing on disease prevention, and improving the nutritional content of finished animal products.

The Companion Animals Taskforce by NSW Government was established by the Minister for Local Government and the Minister for Primary Industries to offer advice on key companion animal issues, comprising strategies to reduce the rate of companion animal euthanasia. Key companies of the market are collaborating with animal welfare organizations to promote awareness and improve animal healthcare. For instance, Bayer is focused on undertaking initiatives to curb Companion Vector-Borne Diseases (CVBD) and collaborate with researchers to develop advanced solutions. Collaborative programs to improve research in companion animal health are among the key contributors to the market growth.

Restraint: Increasing prevalence of counterfeit drugs

Rising influx of sub-standard and counterfeit drugs in the treatment of a wide range of diseases affecting animals is one of the major factors limiting the growth of companion animal health market over the forecast period. These counterfeit medicines are available at a relatively less cost and are developed without adequate clinical testing, raising the probability of serious side effects in animals, especially in emerging economies. This is expected to impede the market growth to a significant level over the coming years. According to European Commission, approximately 20% to 30% of counterfeit drugs were found in India, Africa, & South America and 10% to 20% of the counterfeit drugs were found in European countries. This is predominantly believed to be a consequence of weak and relatively less stringent regulatory control and law enforcement in certain parts of the world. In addition, scarce and erratic supply of pharmaceuticals, unaffordable prices, and unregulated therapeutics are expected to result in the development of counterfeit drugs. Furthermore, development of e-commerce in veterinary healthcare is widening the scope for sale of counterfeit drugs. These factors are negatively impacting the market growth.

What Does This Report Include?

This section will provide insights into the contents included in this companion animal health market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Companion animal health market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Companion animal health market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

Or view our licence options:

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

ESOMAR certified & member

ISO Certified

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.