Companion Animal Health Market Share

Report ID: 2985
Published Date: Dec 23, 2024
Report Format: PDF, PPT

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Geographically, the companion animal health market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the Asia Pacific is predicted to grow at the highest CAGR over the forecast period owing to the rising adoption of animals as a pet in the region. Asia Pacific industry is poised to hold largest revenue share by 2037 owing to rising adoption of animals as a pet in the region. With this, the countries in North America such as the United States is promoting animal healthcare campaigns, which is also expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share in the global market on account of its proven success in terms of technology development and a high adoption of pets by the households in the region.

Browse key industry insights with market data tables & charts from the report:

Companion Animal Health Market Size & Share, Growth Report 2037

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of companion animal health is estimated at USD 28.23 billion.

Companion Animal Health Market size was over USD 26.37 billion in 2024 and is anticipated to cross USD 74.35 billion by 2037, growing at more than 8.3% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is poised to hold largest revenue share by 2037, owing to rising adoption of animals as a pet in the region.

The major players in the market include Bayer AG, Merck & Company, Inc., Elanco, Boehringer Ingelheim International GmbH, Virbac, Perrigo Company plc, Vetoquinol SA, Zoetis Inc., Ceva, Nutreco N.V., and others.