Europe Pet Diabetes Care Market Size & Outlook, 2023-2030
Europe pet diabetes care market, 2018-2030 (US$M)
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Europe pet diabetes care market highlights
- The Europe pet diabetes care market generated a revenue of USD 560.4 million in 2023.
- The market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, dogs was the largest revenue generating animal type in 2023.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 560.4 million |
| Market revenue in 2030 | USD 985.2 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
| Key market players worldwide | Merck & Co Inc, Zoetis, BD, Boehringer Ingelheim, ACON Laboratories, Taidoc |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.8% of the global pet diabetes care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 672.4 million by 2030.
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Pet Diabetes Care Market Scope
Pet Diabetes Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe pet diabetes care 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 pet diabetes care market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 52.23% in 2023. Horizon Databook has segmented the Europe pet diabetes care market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
Europe held the second-largest share of the pet diabetes care market in 2022. The region is expected to experience consistent growth over the forecast timeline due to favorable government regulations, such as the EU Veterinary Medicines Regulation.
According to EMA, modified regulations were implemented in January 2022, simplifying the set norms and alleviating the burden for pharmaceutical companies, thereby producing lucrative growth opportunities.
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Target buyers of Europe pet diabetes care market databook
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Our clientele includes a mix of pet diabetes care 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 continent-level data and insights on the Europe pet diabetes care market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pet diabetes care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe pet diabetes care market size, by country, 2018-2030 (US$M)
Europe Pet Diabetes Care Market Outlook Share, 2023 & 2030 (US$M)
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