Denmark Veterinary Services Market Size & Outlook
Denmark veterinary services market, 2018-2030 (US$M)
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Denmark veterinary services market highlights
- The Denmark veterinary services market generated a revenue of USD 983.2 million in 2023 and is expected to reach USD 1,822.3 million by 2030.
- The Denmark market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, production animals was the largest revenue generating animal type in 2023.
- Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary services market data book summary
| Market revenue in 2023 | USD 983.2 million |
| Market revenue in 2030 | USD 1,822.3 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Production animals |
| Fastest growing segment | Companion Animals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animals, Production Animals |
| Key market players worldwide | CVS Group PLC, National Veterinary Associates, Pets at Home Group PLC, Greencross Vets, Fetch Pet Care, IVC Evidensia, PetSmart, Airpets International |
Other key industry trends
- In terms of revenue, Denmark accounted for 0.8% of the global veterinary services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK veterinary services market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 1,486.1 million by 2030.
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Veterinary Services Market Scope
Veterinary Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark veterinary services 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 services market will help companies and investors design strategic landscapes.
Production animals was the largest segment with a revenue share of 58.42% in 2023. Horizon Databook has segmented the Denmark veterinary services market based on companion animals, production animals covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark is known for its high standards of animal welfare, and the country has a well-established & advanced veterinary healthcare system to support this goal. The government of Denmark and veterinary organizations implemented various regulations and programs to ensure the health & welfare of animals in the country.
Furthermore, rising disease prevalence among animals in Denmark is likely to have a positive impact on the veterinary services in the country. As disease prevalence increases, the demand for veterinary services, including diagnostic testing, treatment, and ongoing care, is likely to increase as well. In the fall of 2020, highly pathogenic avian influenza (HPAI) H5N8 epidemic emerged. In 2020, HPAI H5 was found in 92 dead wild birds in total.
Moreover, there were two H5N8 epidemics in Denmark, one in a holding with other captive birds and the other in a commercial poultry holding. Hence, the rising prevalence of diseases in animals in the country is driving market growth.
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Our clientele includes a mix of veterinary services 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 Denmark veterinary services market , including forecasts for subscribers. This country databook contains high-level insights into Denmark veterinary services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark veterinary services market size, by animal type, 2018-2030 (US$M)
Denmark Veterinary Services Market Outlook Share, 2023 & 2030 (US$M)
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