Germany Pet Diabetes Care Market Size & Outlook, 2023-2030
Germany pet diabetes care market, 2018-2030 (US$M)
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Germany pet diabetes care market highlights
- The Germany pet diabetes care market generated a revenue of USD 117.6 million in 2023 and is expected to reach USD 214.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 9% 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.
Pet diabetes care market data book summary
| Market revenue in 2023 | USD 117.6 million |
| Market revenue in 2030 | USD 214.6 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 6.5% of the global pet diabetes care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK pet diabetes care market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 214.6 million by 2030.
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Pet Diabetes Care Market Scope
Pet Diabetes Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 52.3% in 2023. Horizon Databook has segmented the Germany pet diabetes care market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is anticipated to grow at the fastest CAGR of 8.97% over the forecast period, which can be attributed to the rising number of R&D activities and the influx of new pet care products.
The country witnessed a peak growth in pet ownership and adoption rates during the COVID-19 pandemic, as people were spending more time indoors due to quarantine protocols and movement restrictions.
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Target buyers of Germany 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 country-level data and insights on the Germany pet diabetes care market , including forecasts for subscribers. This country databook contains high-level insights into Germany pet diabetes care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany pet diabetes care market size, by animal type, 2018-2030 (US$M)
Germany Pet Diabetes Care Market Outlook Share, 2023 & 2030 (US$M)
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