Russia Companion Animal Health Market Size & Outlook

The companion animal health market in Russia is expected to reach a projected revenue of US$ 196.1 million by 2030. A compound annual growth rate of 9.2% is expected of Russia companion animal health market from 2023 to 2030.

Revenue, 2022 (US$M)
$97.3
Forecast, 2030 (US$M)
$196.1
CAGR, 2023 - 2030
9.2%
Report Coverage
Russia

Russia companion animal health market, 2018-2030 (US$M)

Russia

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Russia companion animal health market highlights

  • The Russia companion animal health market generated a revenue of USD 97.3 million in 2022 and is expected to reach USD 196.1 million by 2030.
  • The Russia market is expected to grow at a CAGR of 9.2% 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 2022USD 97.3 million
Market revenue in 2030USD 196.1 million
Growth rate9.2% (CAGR from 2022 to 2030)
Largest segmentDogs
Fastest growing segmentEquine
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDogs, Equine, Cats, Other Animal type
Key market players worldwideMerck & 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, Russia accounted for 0.4% 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 Companies

Name Profile # Employees HQ Website

Russia 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 38.85% in 2022. Horizon Databook has segmented the Russia companion animal health market based on dogs, equine, cats, other animal type covering the revenue growth of each sub-segment from 2018 to 2030.


Russia companion animal health market is expected to grow steadily, owing to growing need for better animal care and healthcare infrastructure.

Collaborative agreements undertaken by emerging and established players are responsible for accelerating market growth in the country.

Growing number of dedicated companion animal health laboratories and other establishments is further broadening the growth prospects across the country.

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Target buyers of Russia companion animal health market databook

  • Our clientele includes a mix of companion animal health market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 Russia companion animal health market , including forecasts for subscribers. This country databook contains high-level insights into Russia companion animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Russia companion animal health market size, by animal type, 2018-2030 (US$M)

Russia Companion Animal Health Market Outlook Share, 2022 & 2030 (US$M)

Russia companion animal health market size, by animal type, 2018-2030 (US$M)

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