Malaysia Companion Animal Health Market Size & Outlook
Malaysia companion animal health market, 2018-2030 (US$M)
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Malaysia companion animal health market highlights
- The Malaysia companion animal health market generated a revenue of USD 133.2 million in 2022 and is expected to reach USD 306.4 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 11% 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 133.2 million |
| Market revenue in 2030 | USD 306.4 million |
| Growth rate | 11% (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, Malaysia accounted for 0.6% 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 Asia Pacific, China companion animal health market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 874.7 million by 2030.
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Companion Animal Health Market Scope
Companion Animal Health Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Malaysia 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 Malaysia companion animal health market based on dogs, equine, cats, other animal type covering the revenue growth of each sub-segment from 2018 to 2030.
Malaysia is a small developing country. Popular pets owned by Malaysian companion animal owners comprise dogs, cats, rabbits, hamsters, sugar gliders, birds, and some reptiles.
The number of households in the country with at least one type of companion animal has been progressively growing year after year. Thus, supports market growth.
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Target buyers of Malaysia companion animal health market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia companion animal health market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia companion animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia companion animal health market size, by animal type, 2018-2030 (US$M)
Malaysia Companion Animal Health Market Outlook Share, 2022 & 2030 (US$M)
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