Global Companion Animal Health Market Size & Outlook
The companion animal health industry worldwide is expected to reach a projected revenue of US$ 42,495.7 million by 2030. A compound annual growth rate of 8.8% is expected of the worldwide companion animal health industry from 2023 to 2030.
Revenue, 2022 (US$M)
$21,623.8
Forecast, 2030 (US$M)
$42,495.7
CAGR, 2023 - 2030
8.8%
Report Coverage
Worldwide
Global companion animal health market, 2018-2030 (US$M)
Related Markets
Global companion animal health market highlights
- The global companion animal health market generated a revenue of USD 21,623.8 million in 2022 and is expected to reach USD 42,495.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 8.8% by 2030.
- In terms of segment, dogs accounted for a revenue of USD 8,864.1 million in 2022.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 21,623.8 million |
| Market revenue in 2030 | USD 42,495.7 million |
| Growth rate | 8.8% (CAGR from 2022 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Equine, Cats, Other Animal type |
Other key industry trends
- In terms of revenue, the North America accounted for 36.0% of the global companion animal health market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 1,346.0 million by 2030.
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Companion Animal Health Market Scope
Companion animal health market segmentation & scope
Companion Animal Health Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global companion animal health 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 companion animal health market will help companies and investors design strategic landscapes.
dogs was the largest segment with a revenue share of 40.99% in 2022. Horizon Databook has segmented the Global companion animal health market based on dogs, equine, cats, other animal type covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Companion Animal Health Animal type Outlook (Revenue, USD Million, 2018-2030)
- Dogs
- Equine
- Cats
- Other Animal type
- Global Companion Animal Health Product Outlook (Revenue, USD Million, 2018-2030)
- Vaccines
- Pharmaceuticals
- OTC
- Prescription
- Feed Additives
- Diagnostics
- Other Products
- Global Companion Animal Health Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Retail
- E-Commerce
- Hospital Pharmacies
- Global Companion Animal Health End Use Outlook (Revenue, USD Million, 2018-2030)
- Point-of-care/In-house testing
- Hospitals & clinics
- Other End-Use
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Our clientele includes a mix of companion animal health market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global companion animal health market , including forecasts for subscribers. This global databook contains high-level insights into Global companion animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global companion animal health market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Companion animal health market size, 2022 (USD Million)
Top 10 countries: Companion animal health market size, 2022 (USD Million)
Global companion animal health market, by region, 2022 (US$M)
Related regional statistics
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