Veterinary Medicine Global Market Report 2024

Global Veterinary Medicine Market Report 2024

Veterinary Medicine Global Market Report 2024 – By Product( Drugs, Vaccines, Medical feed additives), By Animal Type( Companion animals, Livestock animals), By Route of Administration( Oral route, Parental route, Topical route), By Distribution Channel( Veterinary Hospital pharmacies, Retail veterinary pharmacies), By End-use( Reference Laboratories, Point-of-Care Testing/In-House Testing, Veterinary Hospitals and Clinics, Other End-users) – Market Size, Trends, And Global Forecast 2024-2033

Name: Veterinary Medicine Global Market Report 2024
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Veterinary Medicine Global Market Report 2024

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Veterinary Medicine Global Market Report 2024

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Veterinary Medicine Market Definition

Veterinary medicine refers to the field of medicine that includes the diagnosis, treatment, and prevention of ailments in animals.

The main products of veterinary medicine are drugs, vaccines, and medical feed additives. Drugs refer to medications that are pharmacologically active chemicals that are given to animals when they are ill and improve animal health and development. The animals, such as companion and livestock animals, are administered through oral, parental, and topical routes of administration and are distributed through various distribution channels, including veterinary hospital pharmacies and retail veterinary pharmacies, used by various end-users such as reference laboratories, point-of-care testing/in-house testing, veterinary hospitals and clinics, and others.

Veterinary Medicine Market Segmentation

The veterinary medicine market covered in this report is segmented –

1) By Product: Drugs, Vaccines, Medical feed additives

2) By Animal Type: Companion animals, Livestock animals

3) By Route of Administration: Oral route, Parental route, Topical route

4) By Distribution Channel: Veterinary Hospital pharmacies, Retail veterinary pharmacies

5) By End-use: Reference Laboratories, Point-of-Care Testing/In-House Testing, Veterinary Hospitals and Clinics, Other End-users

Global Veterinary Medicine Market Size 2023 to 2028: Graph

Veterinary Medicine Market Size 2024 And Growth Rate

The veterinary medicine market size has grown strongly in recent years. It will grow from $29.06 billion in 2023 to $31.34 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to advancements in veterinary science, rising awareness of zoonotic diseases, focus on animal welfare, globalization of pet trade, specialization in veterinary care, increased spending on pet healthcare.

Veterinary Medicine Market Growth Forecast

The veterinary medicine market size is expected to see strong growth in the next few years. It will grow to $42.07 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to personalized medicine in veterinary care, globalization of veterinary research, telehealth adoption in veterinary care, climate change impact, zoonotic disease preparedness. Major trends in the forecast period include focus on preventive healthcare, advancements in animal pharmaceuticals, biotechnology and biopharmaceuticals, digital health technologies, globalization of veterinary medicine, sustainable and ethical practices, regulatory compliance and safety.

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Veterinary Medicine Market Driver: Growing Pet Owner Population Driving The Veterinary Medicine Market

The increase in number of pet owners is expected to propel the growth of the veterinary medicine market. Pet owners are individuals who own or adopt a pet animal. Pet owners take care of their pets and their health. Thus, they provide necessary health facilities to the pets, which increases the demand for veterinary drugs and drives the veterinary medicine market. For instance, in 2021, according to a national poll by The American Society for the Prevention of Cruelty to Animals (ASPCA), a US-based non-profit organization working to prevent animal cruelty, out of all the respondents, one in five households had a cat or dog from the beginning of the COVID-19 crisis, which accounted for 23 million households. 90% of dogs and 85% of cats were still in their adopted homes, and the households were not considering abandoning them again. As a result, the increasing number of pet owners is driving the veterinary medicine market.

Veterinary Medicine Market Driver: Expanding Pet Insurance Market Bolsters Veterinary Medicine Growth

The growing demand for pet insurance is anticipated to drive the growth of the veterinary medicine market going forward. Pet insurance is a type of financial protection that covers some of the veterinary costs associated with caring for pets and helps pet owners manage expenses related to their healthcare needs. Pet insurance provides diagnostics, treatments, surgeries, medications, and hospitalization for pets which are essential components of veterinary medicine. For instance, in May 2023, according to the North American Pet Health Insurance Association (NAPHIA), a US-based health insurance organization, 5.36 million pets were insured in North America in 2022, an increase of 21.7% from the 4.4 million in 2021. Therefore, the growing demand for pet insurance is driving the growth of the veterinary medicine market.

Global Veterinary Medicine Market Major Players

Major companies operating in the veterinary medicine market report are Zoetis Inc., Merck & Co. Inc., Elanco Animal Health Incorporated, Dechra Pharmaceuticals plc, Ceva Sante Animale, Virbac, Boehringer Ingelheim International GmbH, Kindred Biosciences Inc., Biogenesis Bago SA, Indian Immunologicals Limited, Neogen Corporation, Hester Biosciences Limited, Phibro Animal Health, Nutreco N.V., Vetoquinol S.A., IDEXX Laboratories Inc., Heska Corporation, Abaxis Inc., Henry Schein Animal Health, Patterson Companies Inc., Covetrus Inc., VetPartners, National Veterinary Associates, Pathway Vet Alliance, VetCor, PetVet Care Centers, BluePearl Veterinary Partners, Banfield Pet Hospital, VCA Animal Hospitals, Mars Veterinary Health, PetSmart Charities, Chewy Inc.

Global Veterinary Medicine Market Trend: Ethno-Veterinary Medicines Transforming Veterinary Care

Major companies operating in the veterinary medicine market are innovating new products, such as ethno-veterinary medicines, to gain a competitive edge in the market. Ethno-veterinary medicines are medicines made from Ayurvedic formulations and are designed to treat animal diseases. For instance, in August 2023, Milma, an India-based dairy company, launched ethno-veterinary medicines. Ethno-veterinary medicines are used as low-cost alternatives to allopathic veterinary drugs. This medicines lessen the burden of veterinary expenses on farmers and provide a cost-effective solution for animal healthcare. This medicines are a simple, cost-effective, farmer-friendly tool that are used as preventives and curatives

Global Veterinary Medicine Market Trend: Strategic Partnerships To Expand Research And Development

Major companies operating in the veterinary medicine market are entering into strategic partnerships to expand research and development. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in May 2023, ILC Therapeutics, a Scottish biotech company, formed a research and development (R&D) partnership with Dechra Pharmaceuticals, a UK-based veterinary medicine group. The partnership intends to create a medication for canine atopic dermatitis, with a particular emphasis on ILC's Caniferon product. This collaboration shows that technologies and animal healthcare are increasingly interacting and represents a major step forward for veterinary practice.

Veterinary Medicine Market Merger And Acquisition: Zoetis Enhances Animal Health Portfolio With Acquisition Of Jurox

In September 2022, Zoetis, a US-based animal health company, acquired Jurox for an undisclosed amount. With this acquisition, Zoetis aims to expand its portfolio of animal parasiticides and anti-infectives, increasing the company's range of animal health products and offering potential for greater global expansion. Jurox is an Australia-based veterinary pharmaceutical manufacturer that provides veterinary medicines.

Regional Outlook For The Global Veterinary Medicine Market

North America was the largest region in the veterinary medicine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the veterinary medicine market report during the forecast period. The regions covered in the veterinary medicine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the veterinary medicine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The veterinary medicine market consists of sales of dicloxacillin, erythromycin, tetracycline, and retinoids, which are naturally occurring and synthetic compounds with vitamin A activity. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The veterinary medicine market research report is one of a series of new reports from The Business Research Company that provides veterinary medicine market statistics, including veterinary medicine industry global market size, regional shares, competitors with a veterinary medicine market share, detailed veterinary medicine market segments, market trends and opportunities, and any further data you may need to thrive in the veterinary medicine industry. This veterinary medicine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Veterinary Medicine Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$31.34 billion
Revenue Forecast In 2033	$42.07 billion
Growth Rate	CAGR of 7.6% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product: Drugs, Vaccines, Medical feed additives 2) By Animal Type: Companion animals, Livestock animals 3) By Route of Administration: Oral route, Parental route, Topical route 4) By Distribution Channel: Veterinary Hospital pharmacies, Retail veterinary pharmacies 5) By End-use: Reference Laboratories, Point-of-Care Testing/In-House Testing, Veterinary Hospitals and Clinics, Other End-users
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Zoetis Inc.; Merck & Co. Inc.; Elanco Animal Health Incorporated; Dechra Pharmaceuticals PLC; Ceva Sante Animale; Virbac; Boehringer Ingelheim International GmbH; Kindred Biosciences Inc.; Biogenesis Bago SA; Indian Immunologicals Limited; Neogen Corporation; Hester Biosciences Limited; Phibro Animal Health; Nutreco N.V.; Vetoquinol S.A.; IDEXX Laboratories Inc.; Heska Corporation; Abaxis Inc.; Henry Schein Animal Health; Patterson Companies Inc.; Covetrus Inc.; VetPartners; National Veterinary Associates; Pathway Vet Alliance; VetCor; PetVet Care Centers; BluePearl Veterinary Partners; Banfield Pet Hospital; VCA Animal Hospitals; Mars Veterinary Health; PetSmart Charities; Chewy Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Veterinary Medicine Market Characteristics

3. Veterinary Medicine Market Trends And Strategies

4. Veterinary Medicine Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Veterinary Medicine Market Size and Growth

5.1. Global Veterinary Medicine Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Veterinary Medicine Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Veterinary Medicine Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Veterinary Medicine Market Segmentation

6.1. Global Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Drugs

Vaccines

Medical feed additives

6.2. Global Veterinary Medicine Market, Segmentation By Route of Administration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Oral route

Parental route

Topical route

6.3. Global Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Veterinary Hospital pharmacies

Retail veterinary pharmacies

6.4. Global Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Reference Laboratories

Point-of-Care Testing/In-House Testing

Veterinary Hospitals and Clinics

Other End-users

7. Veterinary Medicine Market Regional And Country Analysis

7.1. Global Veterinary Medicine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Veterinary Medicine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Veterinary Medicine Market

8.1. Asia-Pacific Veterinary Medicine Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Veterinary Medicine Market

9.1. China Veterinary Medicine Market Overview

9.2. China Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Veterinary Medicine Market

10.1. India Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Veterinary Medicine Market

11.1. Japan Veterinary Medicine Market Overview

11.2. Japan Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Veterinary Medicine Market

12.1. Australia Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Veterinary Medicine Market

13.1. Indonesia Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Veterinary Medicine Market

14.1. South Korea Veterinary Medicine Market Overview

14.2. South Korea Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Veterinary Medicine Market

15.1. Western Europe Veterinary Medicine Market Overview

15.2. Western Europe Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Veterinary Medicine Market

16.1. UK Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Veterinary Medicine Market

17.1. Germany Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Veterinary Medicine Market

18.5. France Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Veterinary Medicine Market

19.9. Italy Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Veterinary Medicine Market

20.13. Spain Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Veterinary Medicine Market

21.1. Eastern Europe Veterinary Medicine Market Overview

21.2. Eastern Europe Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Veterinary Medicine Market

22.1. Russia Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Veterinary Medicine Market

23.1. North America Veterinary Medicine Market Overview

23.2. North America Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Veterinary Medicine Market

24.1. USA Veterinary Medicine Market Overview

24.2. USA Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Veterinary Medicine Market

25.1. Canada Veterinary Medicine Market Overview

25.2. Canada Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Veterinary Medicine Market

26.1. South America Veterinary Medicine Market Overview

26.2. South America Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Veterinary Medicine Market

27.1. Brazil Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Veterinary Medicine Market

28.1. Middle East Veterinary Medicine Market Overview

28.2. Middle East Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Veterinary Medicine Market

29.1. Africa Veterinary Medicine Market Overview

29.2. Africa Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Veterinary Medicine Market Competitive Landscape And Company Profiles

30.1. Veterinary Medicine Market Competitive Landscape

30.2. Veterinary Medicine Market Company Profiles

30.2.1. Zoetis Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Merck & Co. Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Elanco Animal Health Incorporated

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Dechra Pharmaceuticals plc

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Ceva Sante Animale

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Veterinary Medicine Market Competitive Benchmarking

32. Global Veterinary Medicine Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Veterinary Medicine Market

34. Veterinary Medicine Market Future Outlook and Potential Analysis

34.1 Veterinary Medicine Market In 2028 - Countries Offering Most New Opportunities

34.2 Veterinary Medicine Market In 2028 - Segments Offering Most New Opportunities

34.3 Veterinary Medicine Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Veterinary Medicine Market, Segmentation By Route of Administration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Veterinary Medicine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Veterinary Medicine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Zoetis Inc. Financial Performance

Table 76: Merck & Co. Inc. Financial Performance

Table 77: Elanco Animal Health Incorporated Financial Performance

Table 78: Dechra Pharmaceuticals plc Financial Performance

Table 79: Ceva Sante Animale Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Veterinary Medicine Market, Segmentation By Route of Administration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Veterinary Medicine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Veterinary Medicine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Veterinary Medicine Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Veterinary Medicine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Veterinary Medicine Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Zoetis Inc. Financial Performance

Figure 76: Merck & Co. Inc. Financial Performance

Figure 77: Elanco Animal Health Incorporated Financial Performance

Figure 78: Dechra Pharmaceuticals plc Financial Performance

Figure 79: Ceva Sante Animale Financial Performance

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Frequently Asked Questions

What is the definition of the veterinary medicine market?

Veterinary medicine refers to the field of medicine that includes the diagnosis, treatment, and prevention of ailments in animals. For further insights on the veterinary medicine market, request a sample here

How will the veterinary medicine market drivers and restraints affect the veterinary medicine market dynamics? What forces will shape the veterinary medicine industry going forward?

The veterinary medicine market major growth driver - growing pet owner population driving the veterinary medicine market. For further insights on the veterinary medicine market, request a sample here

What is the forecast market size or the forecast market value of the veterinary medicine market ?

The veterinary medicine market size has grown strongly in recent years. It will grow from $29.06 billion in 2023 to $31.34 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to advancements in veterinary science, rising awareness of zoonotic diseases, focus on animal welfare, globalization of pet trade, specialization in veterinary care, increased spending on pet healthcare. The veterinary medicine market size is expected to see strong growth in the next few years. It will grow to $42.07 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to personalized medicine in veterinary care, globalization of veterinary research, telehealth adoption in veterinary care, climate change impact, zoonotic disease preparedness. Major trends in the forecast period include focus on preventive healthcare, advancements in animal pharmaceuticals, biotechnology and biopharmaceuticals, digital health technologies, globalization of veterinary medicine, sustainable and ethical practices, regulatory compliance and safety. For further insights on the veterinary medicine market, request a sample here

How is the veterinary medicine market segmented?

The veterinary medicine market is segmentedThe veterinary medicine market covered in this report is segmented –
1) By Product: Drugs, Vaccines, Medical feed additives
2) By Animal Type: Companion animals, Livestock animals
3) By Route of Administration: Oral route, Parental route, Topical route
4) By Distribution Channel: Veterinary Hospital pharmacies, Retail veterinary pharmacies
5) By End-use: Reference Laboratories, Point-of-Care Testing/In-House Testing, Veterinary Hospitals and Clinics, Other End-usersFor further insights on the veterinary medicine market, request a sample here

Which region has the largest share of the veterinary medicine market? What are the other regions covered in the report?

North America was the largest region in the veterinary medicine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the veterinary medicine market report during the forecast period. The regions covered in the veterinary medicine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the veterinary medicine market, request a sample here.

Who are the major players in the veterinary medicine market?

What are the key trends in the veterinary medicine market?

Major trend in the veterinary medicine market - ethno-veterinary medicines transforming veterinary care. For further insights on the veterinary medicine market, request a sample here.

What are the major opportunities in the veterinary medicine market? What are the strategies for the veterinary medicine market?

For detailed insights on the major opportunities and strategies in the veterinary medicine market, request a sample here.

How does the veterinary medicine market relate to the overall economy and other similar markets?

For detailed insights on veterinary medicine market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the veterinary medicine industry?

For detailed insights on the mergers and acquisitions in the veterinary medicine industry, request a sample here.

What are the key dynamics influencing the veterinary medicine market growth? SWOT analysis of the veterinary medicine market.

For detailed insights on the key dynamics influencing the veterinary medicine market growth and SWOT analysis of the veterinary medicine industry, request a sample here.