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 2022USD 21,623.8 million
Market revenue in 2030USD 42,495.7 million
Growth rate8.8% (CAGR from 2022 to 2030)
Largest segmentDogs
Fastest growing segmentCats
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDogs, 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 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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Target buyers of Global companion animal health market databook

  • 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 size, by regions, 2018-2030 (US$M)

Top 10 countries: Companion animal health market size, 2022 (US$M)

Global companion animal health market share, by animal type, 2022 & 2030 (%, US$M)

Companion animal health market: Opportunity assessment by country

Global companion animal health market, by region, 2022 (US$M)

Global companion animal health market size, by regions, 2018-2030 (US$M)

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