France Veterinary Medicine Market Size & Outlook
France veterinary medicine market, 2018-2030 (US$M)
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France veterinary medicine market highlights
- The France veterinary medicine market generated a revenue of USD 1,636.2 million in 2023 and is expected to reach USD 3,010.7 million by 2030.
- The France market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating product in 2023.
- Biologics is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary medicine market data book summary
| Market revenue in 2023 | USD 1,636.2 million |
| Market revenue in 2030 | USD 3,010.7 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Biologics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics, Pharmaceuticals, Medicated Feed Additives |
| Key market players worldwide | Zoetis Inc Class A, Boehringer Ingelheim, Merck & Co Inc, Elanco Animal Health Inc, Dechra Pharmaceuticals, Ceva Santé Animale, Phibro Animal Health Corp Class A, Virbac SA, Bimeda Ireland, Biogenesis Bago |
Other key industry trends
- In terms of revenue, France accounted for 3.5% of the global veterinary medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK veterinary medicine market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 469.2 million by 2030.
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Veterinary Medicine Market Scope
Veterinary Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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France veterinary medicine 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 veterinary medicine market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 66.28% in 2023. Horizon Databook has segmented the France veterinary medicine market based on biologics, pharmaceuticals, medicated feed additives covering the revenue growth of each sub-segment from 2018 to 2030.
France is renowned for veterinary care. Healthcare provision in the country is divided into two main sectors: companion animals and food-producing animals. Veterinary care & medicine play an important role in maintaining the health & well-being of pets and livestock, particularly in animal disease treatment.
Furthermore, France ranks third after Germany and Russia with regard to the number of companion animals. According to a report published by FEDIAF, 20% of the population in France owns a dog and 29% owns a cat.
Moreover, the presence of key market players, such as Thera Vet, further contributes to the country’s market growth. For instance, in December 2021, Thera Vet announced the launch of BIOCERA-VET in France, Belgium, and the Netherlands.
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Our clientele includes a mix of veterinary medicine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France veterinary medicine market , including forecasts for subscribers. This country databook contains high-level insights into France veterinary medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France veterinary medicine market size, by product, 2018-2030 (US$M)
France Veterinary Medicine Market Outlook Share, 2023 & 2030 (US$M)
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