Animal Health Market 2025 Forecasts: Robust Growth Driven by Intensification of Livestock Farming and Technological Integration

What Are The Growth Projections and Key Drivers for The Global Animal Health Market?
The strong growth of the animal health market in recent years has seen it burgeoning from $55.26 billion in 2024 to an anticipated $59.91 billion in 2025, posting a compound annual growth rate (CAGR) of 8.4%. Factors attributing to the robust growth during this historic period include globalization of food supply chains, intensification of livestock farming, increase in zoonotic diseases, strong adherence to regulatory compliance and standards, and emphasis on preventive healthcare.

A continued uptick in the market is anticipated in the coming years, with the market expected to grow to $82.04 billion in 2029 at a CAGR of 8.2%. The future growth is attributed to focus on aquaculture health, one health approach, global efforts in disease surveillance, expansion of pet insurance, crisis preparedness in animal agriculture, and globalization of animal health products.

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What Are The Key Drivers of The Animal Health Market?
The global animal health market's growth is underpinned by the rising prevalence of zoonotic diseases. Defined as infectious diseases that can be transmitted between different animal species or from animals to humans, monitoring and safeguarding animal health using distinct methods is critical in controlling zoonosis and protecting public health. For instance, in 2023, the National Library of Medicine revealed that zoonotic diseases account for 2.5 billion human cases globally and approximately 2.7 million deaths annually. This rising prevalence of zoonotic diseases is propelling the growth of the animal health market.

What Are The Key Segments In The Animal Health Market?
The animal health market covered in this report is segmented as follows:

1) By Product: Vaccines, Pharmaceuticals, Medicinal Feed Additives, Diagnostics, Equipment And Disposables, Other Products

2) By Animal Type: Commercial, Companion

3) By Route Of Administration: Oral, Parenteral, Topical

4) By End-User: Veterinary Hospitals And Clinics, Animal Care And Rehabilitation Centers, Diagnostic Centers

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Which Are The Major Players In The Animal Health Market?
Major stalwarts in the animal health market include Elanco Animal Health Incorporated, Merck Animal Health, Boehringer Ingelheim International GmbH, Heska Corporation, Vetoquinol SA, Virbac, Bayer AG, Novartis AG, Biogenesis Bago, Intervet International BV, IDEXX Laboratories Inc., Hester Biosciences Ltd., Intas Pharmaceutucals Ltd., Dechra Pharmaceuticals, Kindred Biosciences, Phibro Animal Health Corporation, Neogen Corporation, Norbrook Laboratories, Huvepharma EOOD, Abaxis Inc., ECO Animal Health Group, Hipra, Zoetis Inc., Kemin Industries, DeLaval, Troy Laboratories, Parnell Pharmaceuticals, Ceva Sante Animale, Bimeda Inc., Animalcare Group, PetIQ, AdvaVet Inc.

What Are The Emerging Trends In The Animal Health Market?
Technological advancements are creating waves in the animal health market with key players focusing their efforts on introducing innovative and advanced technologies to fortify their market standing. For example, Elanco Animal Health Incorporated and Ginkgo Bioworks launched Merck Animal Health in October 2022, a real-time tracker for dogs with GPS capabilities. The product enables real-time tracking with position updates starting every five seconds when in ‘Lost Dog Mode’. It uses smart technology to track a dog's individual activity levels and behavior within a mobile app, recording data like barking, scratching, shaking, and sleep duration. If there are any major behavioral changes, the device can utilize an adaptive algorithm to analyze this information and issue an alert via the app.

Which Region Holds The Largest Market Share In The Animal Health Market?
North America held the largest regional share in the animal health market in 2024. Other regions covered in the animal health report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

What Does The Animal Health Market Report 2025 Offer?
The term "animal health" covers animal diseases and the relationship between animal welfare, environment protection, human health, and food safety and is critical for ensuring the healthy development of animals. The Animal Health Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

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