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The report "Animal Healthcare Market by Product (Feed Additives (Antibiotics, Vitamins, Amino acids, Enzymes, Antioxidants, Prebiotics & Probiotics, and Minerals), Vaccines, Parasiticides (Ectoparasiticides, Endoparasiticides, and Endectocides), Anti-Infectives, Anti-Inflammatories, and Others), by Animal Type (Farm Animals (Fish, Swine, Poultry, Ruminants), and Companion Animals (Canine, Feline, Equine)), by Distribution Channel (Veterinary Clinics, Veterinary Hospitals, Pharmacies & Drug Stores, and Online & Retail Stores) - Global Forecast to 2030", The global animal healthcare market is expected to reach USD 78.6 billion by 2030, thereby registering a CAGR of 9.2% during the forecast period. Factors attributing to the market growth of the global animal healthcare market include rising awareness among pet owners about animal health issues, favorable initiatives by the government to support pet healthcare, the surge in livestock production, and increased expenditure on pet health will bolster the market growth of the global animal healthcare industry. Moreover, increased market demand for protein food, rising incidences of zoonotic and food-borne diseases globally, and technological development in veterinary healthcare like the advent of effective information management systems, animal owner mobile technology, and vaccine banks will proliferate the market development of the global animal healthcare industry.  Nevertheless, increased adoption of telehealth and online veterinary pharmacies post-COVID-19 crisis, innovative strategies by the key players, and increased pet adoption for companionship will further provide lucrative market opportunities in the global animal healthcare industry.

In September 2022, Zoetis Inc. announced the completion of its acquisition of Jurox, a privately held animal health company that develops, manufactures, and markets a broad range of veterinary medicines for the treatment of livestock and companion animals.

Browse 53 market data Tables and 35 Figures spread through 210 Pages and in-depth TOC on "Animal Healthcare Market by Product (Feed Additives (Antibiotics, Vitamins, Amino acids, Enzymes, Antioxidants, Prebiotics & Probiotics, and Minerals), Vaccines, Parasiticides (Ectoparasiticides, Endoparasiticides, and Endectocides), Anti-Infectives, Anti-Inflammatories, and Others), by Animal Type (Farm Animals (Fish, Swine, Poultry, Ruminants), and Companion Animals (Canine, Feline, Equine)), by Distribution Channel (Veterinary Clinics, Veterinary Hospitals, Pharmacies & Drug Stores, and Online & Retail Stores), and Region - Global Forecast to 2030

By Distribution Channel, Veterinary Hospitals will witness the largest market growth during the forecast period.

Based on the Distribution Channel, the Global Animal Healthcare Market is segmented into Veterinary Clinics, Veterinary Hospitals, Pharmacies and Drug Stores, and Online and Retail Stores.  Veterinary Hospital Pharmacy dominates the market owing to the rising number of hospital pharmacies, and increased procedural volume as a result of frequent readmission of pets for treatment, thereby accelerating the market advancement of the segment.

Global Animal Healthcare Market Segmentation Analysis

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“Europe is expected to witness significant growth in the global Animal Healthcare Market.”

Europe is expected to have significant growth during the forecast period in the animal healthcare market owing to the rising number of product launches by the industry players, the surge in animal care expenditures, the mounting prominence of zoonoses and infectious veterinary diseases, and rising pet population in the region. Moreover, favorable laws supporting animal health along with rapid sales of medicated feed additives will further accelerate the adoption of animal healthcare products in the region.

Some of the major players in the global Animal Healthcare industry include Zoetis Inc., Merck & Co. Inc., Bayer AG, Virbac Group, Ceva Santé Animale, C.H. Boehringer Sohn AG & Co. KG, Elanco Animal Health, Phirbo Animal Health, Kyoritsu Seiyaku, Dechra Pharmaceuticals, China Animal Husbandry Industry Company, Nippon Zenyaku Kogyo, Hipra, Jinyu Group, Ouro Fino Saude Animal, and Vetoquinol S.A.

Scope of the Report

Global Animal Healthcare Market Coverage

Product Insight and Forecast 2018-2030

• Feed Additives
  • Antibiotics
  • Vitamins
  • Amino Acids
  • Enzymes
  • Antioxidants
  • Prebiotics & Probiotics
  • Minerals
• Vaccines
• Parasiticides
  • Ectoparasiticides
  • Endoparasiticides
  • Endectocides
• Anti-Infectives
• Anti-Inflammatories
• Others

Animal Type Insight and Forecast 2018-2030

• Farm Animals
  • Fish
  • Swine
  • Poultry
  • Ruminants
• Companion Animals
  • Canine
  • Feline
  • Equine

Distribution Channel Insight and Forecast 2018-2030

• Veterinary Clinics
• Veterinary Hospitals
• Pharmacies and Drug Stores
• Online and Retail Stores

Geographical Segmentation

Animal Healthcare Market by Region

North America

• By Product
• By Animal Type
• By Distribution Channel
• By Country – U.S., Canada, and Mexico

Europe

• By Product
• By Animal Type
• By Distribution Channel
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Product
• By Animal Type
• By Distribution Channel
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Product
• By Animal Type
• By Distribution Channel
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries