Mordor Intelligence has published a new report on the “Veterinary Medicine Market” offering a comprehensive analysis of Size, Share, Trends, Growth Drivers & Future Projections.
— Introduction
The Veterinary Medicine Market Size is projected to expand from USD 51.61 billion in 2025 to USD 74.36 billion by 2030, registering a 7.58% CAGR across the period. This growth reflects rising demand for veterinary drugs and preventive health measures for both companion and livestock animals. As global awareness of animal health increases, the market is responding with a broader range of therapeutic and preventive products.
Market overview:
Key Trends in the Veterinary Medicine Market
Several Veterinary Medicine Market Trends stand out:
Pharmaceuticals remain the largest segment across the market—driven by growing prevalence of chronic and infectious conditions and higher veterinary care spending.
Vaccines show faster growth among product categories, driven by increased preventive healthcare efforts, emerging vaccine technologies, and heightened awareness of zoonotic disease control.
Expanding medicated feed additive use in livestock management reflects demand for improved nutrition, disease prevention, and production efficiency; this supports market demand alongside drugs and vaccines.
Asia-Pacific is the fastest-growing region, supported by rising livestock production, growing pet populations, and improving access to veterinary care.
North America remains the largest regional market, supported by advanced veterinary infrastructure, solid regulatory frameworks, and high spending on animal health.
Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/veterinary-medicine-market?utm_source=marketersmedia
Market Segmentation of the Veterinary Medicine Market
By Product Type
Drugs
Anti-infectives
Anti-inflammatory
Parasiticides
Other categories
Vaccines
Inactive vaccines
Attenuated vaccines
Recombinant vaccines
Other types
Medicated Feed Additives
Amino acids
Antibiotics
Other additives
By Animal Type
Companion Animals
Dogs
Cats
Other companion species
Livestock Animals
Cattle
Poultry
Swine
Sheep
Other livestock
By Geography
North America
Europe
Asia-Pacific
Middle East & Africa
South America
This segmentation underscores the breadth of the Veterinary Medicine Industry, spanning diverse product categories, animal species, and geographic regions—all essential for targeted strategic planning.
Key Players in the Veterinary Medicine Industry
Zoetis
Merck & Co., Inc.
Elanco Animal Health
Ceva
Boehringer Ingelheim
These global leaders contribute superior product portfolios across drugs, vaccines, and feed additives, and leverage strong R&D capabilities and distribution networks. Their strategic positioning in various regions reinforces their market influence.
Conclusion
The Veterinary Medicine Market is set for rapid growth, while therapeutic drugs remain the dominant segment, vaccines are gaining momentum, and medicated feed additives continue to play a key role, especially in livestock management. Regionally, North America leads in market size, whereas Asia-Pacific is the fastest-growing, driven by rising demand for veterinary products.
The Veterinary Medicine Industry is well-positioned to meet evolving animal health needs—supported by diverse product offerings, expanding geographies, and growing adoption among both companion and livestock animal sectors. As awareness of animal welfare and disease control continues to rise, the market’s trajectory through 2030 remains firmly upward.
Industry Related Reports
Veterinary Drugs Market: The report covers Veterinary Compounds Trends, and the Market is Segmented by Product Type (Anti-infectives, Anti-inflammatory, Parasiticides, Vaccines, and Others), Route of Administration (Oral, Parenteral, and Topical), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America).
Get more insights: https://www.mordorintelligence.com/industry-reports/veterinary-drugs-market?utm_source=marketersmedia
Europe Veterinary Healthcare Market: The Europe Veterinary Healthcare Market Report is Segmented by Product (Therapeutics and Diagnostics), Animal Type (Dogs & Cats, Horses, Ruminants, Swine, Poultry, and Other Animal Types), Route of Administration (Oral, Parenteral, and More), End User (Veterinary Hospitals & Clinics, and More), and Geography (Germany, United Kingdom, France, Italy, Spain, Rest of Europe).
Get more insights: https://www.mordorintelligence.com/industry-reports/europe-veterinary-healthcare-market-industry?utm_source=marketersmedia
Veterinary Dermatology Drugs Market: The Veterinary Dermatology Drugs Market Report is Segmented by Animal (Companion Animal and Livestock Animal), Route of Administration (Topical, Injectable, and Oral), Indication (Parasitic Infections, Allergic Infections, and Other Indications), Distribution Channel (Retail, Hospital Pharmacies and E-Commerce), and Geography (North America, Europe, Asia-Pacific and More).
Get more insights: https://www.mordorintelligence.com/industry-reports/veterinary-dermatology-drugs-market?utm_source=marketersmedia
About the company: About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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