South Africa Veterinary Services Market Size & Outlook

The veterinary services market in South Africa is expected to reach a projected revenue of US$ 1,931.9 million by 2030. A compound annual growth rate of 7.4% is expected of South Africa veterinary services market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,171.2
Forecast, 2030 (US$M)
$1,931.9
CAGR, 2024 - 2030
7.4%
Report Coverage
South Africa

South Africa veterinary services market highlights

  • The South Africa veterinary services market generated a revenue of USD 1,171.2 million in 2023 and is expected to reach USD 1,931.9 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 7.4% 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 2023USD 1,171.2 million
Market revenue in 2030USD 1,931.9 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentProduction animals
Fastest growing segmentCompanion Animals
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCompanion Animals, Production Animals
Key market players worldwideCVS 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, South Africa accounted for 0.9% 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 Middle East & Africa, South Africa veterinary services market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 793.2 million by 2030.

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Veterinary Services Market Companies

Name Profile # Employees HQ Website

South Africa 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 58.49% in 2023. Horizon Databook has segmented the South Africa veterinary services market based on companion animals, production animals covering the revenue growth of each sub-segment from 2018 to 2030.


In South Africa, about 3.9 million tons of beef, poultry, lamb, and pork meat are consumed per annum. Increasing population and growing consumption are boosting market growth. South Africa consumes approximately 312 million kg of seafood annually. Aquaculture production is becoming popular in the country with growing government focus.

The Operation Phakisa program aims to stimulate job creation and encourage food security by investing in the ocean economy, including aquaculture. Infectious diseases are particularly problematic in the country. These factors are expected to contribute to the market growth during the forecast period.

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Target buyers of South Africa veterinary services market databook

  • Our clientele includes a mix of veterinary services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 South Africa veterinary services market , including forecasts for subscribers. This country databook contains high-level insights into South Africa veterinary services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa veterinary services market size, by animal type, 2018-2030 (US$M)

South Africa Veterinary Services Market Outlook Share, 2023 & 2030 (US$M)

South Africa veterinary services market size, by animal type, 2018-2030 (US$M)

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