South Africa Companion Animal Health Market Size & Outlook
South Africa companion animal health market, 2018-2030 (US$M)
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South Africa companion animal health market highlights
- The South Africa companion animal health market generated a revenue of USD 322.2 million in 2022 and is expected to reach USD 556.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.1% 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 322.2 million |
| Market revenue in 2030 | USD 556.9 million |
| Growth rate | 7.1% (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, South Africa accounted for 1.5% 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 Middle East & Africa, South Africa companion animal health market is projected to lead the regional market in terms of revenue in 2030.
- Israel is the fastest growing regional market in Middle East & Africa and is projected to reach USD 231.6 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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South Africa 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 39.11% in 2022. Horizon Databook has segmented the South Africa companion animal health market based on dogs, equine, cats, other animal type covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa companion animal health market is anticipated to grow at a lucrative rate during the forecast period.
This can be attributed to government programs aimed at overall companion animal healthcare improvement.
This includes EU-funded Integrated Control of Neglected Zoonoses Africa program, a strategy developed to address diseases, such as rabies, through regular animal health checkups.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa companion animal health market , including forecasts for subscribers. This country databook contains high-level insights into South Africa companion animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa companion animal health market size, by animal type, 2018-2030 (US$M)
South Africa Companion Animal Health Market Outlook Share, 2022 & 2030 (US$M)
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