The global Animal Health Medicines market size is predicted to grow from US$ 54420 million in 2025 to US$ 88820 million in 2031; it is expected to grow at a CAGR of 8.5% from 2025 to 2031.

Animal Health Medicines are essential for ensuring animal welfare, preventing diseases from passing between animals and humans, and protecting our food supply.There are three types of animal medicine: biologics (which are predominately vaccines), pharmaceuticals, and flea and tick medications.

Pet medical care is the second largest segment in pet industry. In the UK, annual spending on veterinary and other pet services has risen from 2.6bn in 2015 to 4bn in 2021, a 54% increase in just six years. According to Vetnosis, the value of the global animal health industry will increase by 12% to $38.3 billion in 2021. White Paper on Chinas Pet Healthy Consumption of JD shows that in 2023, there are 13.09 million pets entering middle age and old age. And pet aging is expected to be seen in the next few years. Changes in the age structure of pets will further bring about the development of the pet medical industry. According to the data of the 2022 China Pet Medical Industry White Paper, from the perspective of market size, the scale of Chinas pet medical market is about 67.5 billion, accounting for about 22.5% of the entire pet industry. From the perspective of hospital operation time, pet hospitals within 5 years accounted for about 73%. About 11% of the pet hospitals have been in operation for more than 10 years. From the perspective of hospital turnover, nearly 40% of the hospitals have increased their annual turnover year-on-year, and the growth rate is mainly within 31%.

Infinity Market Research newest research report, the Animal Health Medicines Industry Forecast looks at past sales and reviews total world Animal Health Medicines sales in 2024, providing a comprehensive analysis by region and market sector of projected Animal Health Medicines sales for 2025 through 2031. With Animal Health Medicines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Health Medicines industry.

This Insight Report provides a comprehensive analysis of the global Animal Health Medicines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Animal Health Medicines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Animal Health Medicines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Health Medicines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Animal Health Medicines.

This report presents a comprehensive overview, market shares, and growth opportunities of Animal Health Medicines market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Vaccines
    Pharmaceuticals
    Flea and Tick Medications

Segmentation by Application:

    Veterinary Hospital
    Veterinary Clinic

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Merck & Co.,Inc.
    Boehringer Ingelheim Animal Health
    Phibro Animal Health Corporation
    AniCon Labor GmbH
    Ouro Fino Saude Animal
    Pfizer(Zoetis)
    Elanco
    Ceva Sant Animale
    Virbac
    Vetoquinol SA
    Biognesis Bag

Key Questions Addressed in this Report

What is the 10-year outlook for the global Animal Health Medicines market?
What factors are driving Animal Health Medicines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Animal Health Medicines market opportunities vary by end market size?
How does Animal Health Medicines break out by Type, by Application?