Global Animal Health Market Anticipated to Undergo Strong Growth Through 2030

 The Business Research Company’s 2026 market reports introduce new features such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, all designed to enhance the depth, usability, and strategic value of the insights provided.


What Are the Projections for Animal Health Market Size and CAGR During 2026-2030?
The animal health market size has grown strongly in recent years. It will grow from $59.77 billion in 2025 to $64.45 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to rising prevalence of animal diseases, increasing companion and commercial animal population, growth of veterinary hospitals and clinics, demand for advanced diagnostics, expansion of pharmaceutical and vaccine production.

The animal health market size is expected to see strong growth in the next few years. It will grow to $89.45 billion in 2030 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to advancements in genomic-based vaccines, growth of AI-enabled diagnostics, increasing adoption of feed additives, rising focus on animal welfare, expansion of point-of-care testing devices. Major trends in the forecast period include increasing focus on preventive animal healthcare, growth in companion animal wellness programs, expansion of laboratory and point-of-care diagnostics, rising adoption of medicinal feed additives, development of herbal and nutraceutical supplements.

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Which Factors Are Driving Growth in the Animal Health Market?
The increasing prevalence of zoonotic diseases will support the growth of the animal health market going forward. Zoonotic diseases can be defined as infectious diseases that can be transmitted between different animal species to humans or from humans to animals. Monitoring and safeguarding animal health using different methods helps in controlling zoonosis and can help in protecting public health. For instance, in June 2023, according to the National Library of Medicine, a US-based National Library of Medicine, operated by the United States federal government, zoonotic diseases are responsible for 2.5 billion human cases globally and approximately 2.7 million deaths annually. Therefore, the increasing prevalence of zoonotic diseases will propel the animal health market.

What Are the Emerging Segments in the Animal Health Market?
The animal health market covered in this report is segmented –

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

Subsegments:
1) By Vaccines: Live Attenuated Vaccines, Inactivated Vaccines, Recombinant Vaccines, DNA Vaccines
2) By Pharmaceuticals: Anti-Infective Agents, Anti-Inflammatory Drugs, Parasiticides, Pain Management Medications
3) By Medicinal Feed Additives: Probiotics, Prebiotics, Antimicrobials, Enzymes
4) By Diagnostics: Laboratory Diagnostic Tests, Point-Of-Care Testing Devices, Imaging Equipment
5) By Equipment And Disposables: Surgical Instruments, Monitoring Devices, Disposable Syringes And Needles
6) By Other Products: Nutraceuticals, Supplements, Herbal Medicines

What Are the Major Trends Impacting the Animal Health Market?
Major companies operating in the animal health market are focusing on technological advancements, such as electronic prescription and delivery platforms, to gain a competitive advantage. Electronic prescription and delivery platforms are integrated digital systems that allow veterinarians to create, transmit, and manage prescriptions electronically and link them to fulfillment services that deliver prescribed medications directly to animal owners within a prescription delivery service framework, improving access, convenience, and adherence to treatment regimens. For instance, in January 2025, PetsApp Ltd, a UK-based digital pet health platform company, launched an expanded Prescriptions Home Delivery service in partnership with Covetrus Inc is a US-based company that provides animal health technology and National Veterinary Services Limited is a UK-based explicitly committed to and involved in providing animal health services and products, that offers next-day delivery of prescribed animal medications, automated refill management, and bespoke delivery options tailored to clinic and owner needs. This innovation enhances timely access to essential therapies and supports clinic workflows but may require investment in digital integration and training for some practices.

Who Are the Leading Companies in the Animal Health Industry by Revenue?
Major companies operating in the animal health market are 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, Troy Laboratories, Parnell Pharmaceuticals, Ceva Sante Animale, Bimeda Inc., Animalcare Group, PetIQ, AdvaVet Inc.

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Which Region Is Projected to Account for the Largest Share of the Animal Health Market?
North America was the largest region in the animal health market in 2025. The regions covered in the animal health market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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