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Veterinary Drugs Market, Global Outlook and Forecast 2023-2029

Veterinary Drugs Market, Global Outlook and Forecast 2023-2029

  • Published on : 07 May 2023
  • Pages :69
  • Report Code:SMR-7681545

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Report overview

The global Veterinary Drugs market was valued at US$ 24410 million in 2022 and is projected to reach US$ 34950 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Veterinary drugs are used to cure and prevent diseases in animals, including animals used for food production. Veterinary drugs are given to animals via feed or drinking water, or by injection.
This report aims to provide a comprehensive presentation of the global market for Veterinary Drugs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Veterinary Drugs. This report contains market size and forecasts of Veterinary Drugs in global, including the following market information:
Global Veterinary Drugs Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)

The key players of Veterinary Drug include Zoetis, Elanco, Boehringer Ingelheim, Merck, etc. The top four players of Veterinary Drug account for approximately 56% of the total market. Asia-Pacific is the largest market of Veterinary Drug accounting for about 34%, followed by Europe and North America. In terms of Type, Parasiticides is the largest segment, with a share about 28%. And in terms of Application, the largest application is Pets, followed by Cattle.
We surveyed the Veterinary Drugs companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Veterinary Drugs Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Veterinary Drugs Market Segment Percentages, by Type, 2022 (%)
  • Treatment Drugs
  • Vaccines
  • Others
Global Veterinary Drugs Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Veterinary Drugs Market Segment Percentages, by Application, 2022 (%)
  • Chickens
  • Swine
  • Cattle
  • Others
Global Veterinary Drugs Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Veterinary Drugs Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Veterinary Drugs revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Veterinary Drugs revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Zoetis Inc.
  • Boehringer Ingelheim Animal Health
  • Merck Animal Health
  • Elanco
  • Bayer AG
  • Ceva Sante Animale S.A.
  • Virbac SA
  • Vetoquinol SA
  • IDEXX Laboratories, Inc.
  • Covetrus, Inc.
Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Veterinary Drugs, market overview.
  • Chapter 2: Global Veterinary Drugs market size in revenue.
  • Chapter 3: Detailed analysis of Veterinary Drugs company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Veterinary Drugs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: The main points and conclusions of the report.