Italy Companion Animal Health Market Size & Outlook
Italy companion animal health market, 2018-2030 (US$M)
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Italy companion animal health market highlights
- The Italy companion animal health market generated a revenue of USD 589.3 million in 2022 and is expected to reach USD 1,126.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, dogs was the largest revenue generating animal type in 2022.
- Equine is the most lucrative animal type segment registering the fastest growth during the forecast period.
Companion animal health market data book summary
| Market revenue in 2022 | USD 589.3 million |
| Market revenue in 2030 | USD 1,126.1 million |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Equine |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Equine, Cats, Other Animal type |
| Key market players worldwide | Merck & Co Inc, CEVA Inc, Vetoquinol SA, Zoetis, Boehringer Ingelheim, IDEXX Laboratories Inc, Elanco Animal Health Inc, Indian Immunologicals, Virbac SA, Norbrook |
Other key industry trends
- In terms of revenue, Italy accounted for 2.7% of the global companion animal health market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK companion animal health market is projected to lead the regional market in terms of revenue in 2030.
- Poland is the fastest growing regional market in Europe and is projected to reach USD 595.7 million by 2030.
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Companion Animal Health Market Scope
Companion Animal Health Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 38.89% in 2022. Horizon Databook has segmented the Italy companion animal health market based on dogs, equine, cats, other animal type covering the revenue growth of each sub-segment from 2018 to 2030.
The companion animal health market in Italy is projected to grow at a moderate rate in the coming years, owing to the growing adoption of pets.
Significant efforts by government and private entities toward implementation of companion animal health are anticipated to present considerable growth opportunities to market players in Italy.
Moreover, greater emphasis on disease control for livestock is likely to create growth opportunities for local players in Italy.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy companion animal health market , including forecasts for subscribers. This country databook contains high-level insights into Italy companion animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy companion animal health market size, by animal type, 2018-2030 (US$M)
Italy Companion Animal Health Market Outlook Share, 2022 & 2030 (US$M)
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