The Animal Drugs market is expected to cross $55 Billion at a CAGR of 6.5 during the forecast period.
Animal Drugs Market Overview
Market for veterinary pharmaceuticals used for disease prevention and treatment in animals. Growth driven by increasing livestock farming and pet healthcare needs.
The Animal Drugs market is driven by several factors, including:
2024 Market Trends: Key Insights and Predictions
Advances in veterinary drugs
Animal Drugs Market Restraints: An In-Depth Analysis for 2024
Growth Opportunities in the Animal Drugs Market for 2024
Development of new veterinary biologics
Key Challenges Facing the Animal Drugs Market in 2024
Drug resistance issues
Animal Drugs Market Segmentation
By Types, Animal Drugs Market is segmented as:
- Antibiotics
- Vaccines
- Anti-Inflammatory
- Parasiticides
Among these, the
By Applications, the Animal Drugs Market is segmented as:
- Livestock Health
- Companion Animals
- Poultry
- Aquaculture
Of these, the
Animal Drugs , by Region
On the geographical front, the North America Animal Drugs industry size is touted to multiply at a robust pace over the forecast duration.
Competitive Landscape
Key Companies Profiled
- Zoetis
- Elanco
- Boehringer Ingelheim
- Ceva Santé Animale
- Merck Animal Health
- Vetoquinol
- Virbac
- Dechra Pharmaceuticals
- Phibro Animal Health
- Norbrook
- Indian Immunologicals
- Neogen Corporation
- Ourofino
- HIPRA
- Zydus Animal Health
- Hester Biosciences
- Biogenesis Bago
- ECO Animal Health
- Kyoritsu Seiyaku
- Jurox
These companies are undertaking various expansion strategies such as new product development, partnerships, and acquisitions to improve their market share and cater to the growing demand for Animal Drugs across the globe.
Animal Drugs Report Scope:
Report Attribute | Details |
Growth Rate | 6.5 |
Base Year | 2024 |
Historical Data | 2020 |
Companies Covered | Zoetis, Elanco, Boehringer Ingelheim, Ceva Santé Animale, Merck Animal Health, Vetoquinol, Virbac, Dechra Pharmaceuticals, Phibro Animal Health, Norbrook, Indian Immunologicals, Neogen Corporation, Ourofino, HIPRA, Zydus Animal Health, Hester Biosciences, Biogenesis Bago, ECO Animal Health, Kyoritsu Seiyaku, Jurox |
Segments Covered | Livestock Health, Companion Animals, Poultry, Aquaculture |
Types Covered | Antibiotics, Vaccines, Anti-Inflammatory, Parasiticides |
Customization Scope | *Free report customization with additional or alteration to country, regional or segment scope. |
Recent Developments in the Animal Drugs Industry
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Chapter 1 Animal Drugs Market Overview
1.1 Animal Drugs Definition
1.2 Global Animal Drugs Market Size Status and Outlook (2018-2032)
1.3 Global Animal Drugs Market Size Comparison by Region (2018-2032)
1.4 Global Animal Drugs Market Size Comparison by Type (2018-2032)
1.5 Global Animal Drugs Market Size Comparison by Application (2018-2032)
1.6 Global Animal Drugs Market Size Comparison by Sales Channel (2018-2032)
1.7 Animal Drugs Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Animal Drugs Market
Chapter 2 Animal Drugs Market Competition by Player
2.1 Global Animal Drugs Sales and Market Share by Player (2021-2023)
2.2 Global Animal Drugs Revenue and Market Share by Player (2021-2023)
2.3 Global Animal Drugs Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Animal Drugs Market Segment by Type
3.1 Global Animal Drugs Market by Type
3.1.1 Pharmaceuticals
3.1.2 Vaccines
3.1.3 Others
3.2 Global Animal Drugs Sales and Market Share by Type (2018-2023)
3.3 Global Animal Drugs Revenue and Market Share by Type (2018-2023)
3.4 Global Animal Drugs Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Animal Drugs Market Segment by Application
4.1 Global Animal Drugs Market by Application
4.1.1 Livestock Animals
4.1.2 Companion Animals
4.2 Global Animal Drugs Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Animal Drugs Market Segment by Sales Channel
5.1 Global Animal Drugs Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Animal Drugs Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Animal Drugs Market Segment by Region & Country
6.1 Global Animal Drugs Market Size and CAGR by Region (2018-2032)
6.2 Global Animal Drugs Sales and Market Share by Region (2018-2023)
6.3 Global Animal Drugs Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Animal Drugs Market Share by Type
6.4.3 North America Animal Drugs Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Animal Drugs Market Share by Type
6.5.3 Europe Animal Drugs Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Animal Drugs Market Share by Type
6.6.3 Asia-Pacific Animal Drugs Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Animal Drugs Market Share by Type
6.7.3 South America Animal Drugs Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Animal Drugs Market Share by Type
6.8.3 Middle East & Africa Animal Drugs Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Animal Drugs Players
7.1 Boehringer Ingelheim
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Merck Animal Health
7.3 Ceva Animal Health
7.4 Zoetis
7.5 Bayer Animal Health
7.6 Vetoquinol
7.7 Elanco Animal Health
7.8 Meiji
7.9 Dechra Veterinary Products
7.10 Philbro Animal Health
7.11 Hester Biosciences
7.12 Virbac
7.13 Biogenesis Bago
7.14 Animalcare Group
7.15 Neogen Corporation
7.16 Nutreco N.V.
7.17 Parnell
7.18 Indian Immunologicals
7.19 Kindred Biosciences
7.20 Ouro Fino Saude
Chapter 8 Upstream and Downstream Analysis of Animal Drugs
8.1 Industrial Chain of Animal Drugs
8.2 Upstream of Animal Drugs
8.3 Downstream of Animal Drugs
Chapter 9 Development Trend of Animal Drugs (2024-2032)
9.1 Global Animal Drugs Market Size (Sales and Revenue) Forecast (2024-2032)
9.2 Global Animal Drugs Market Size and CAGR Forecast by Region (2024-2032)
9.3 Global Animal Drugs Market Size and CAGR Forecast by Type (2024-2032)
9.4 Global Animal Drugs Market Size and CAGR Forecast by Application (2024-2032)
9.5 Global Animal Drugs Market Size and CAGR Forecast by Sales Channel (2024-2032)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Animal Drugs Example
Figure Global Animal Drugs Revenue (Million $) Status and Outlook (2018-2032)
Figure Global Animal Drugs Revenue (Million $) Comparison by Region (2018-2032)
Figure Global Animal Drugs Revenue (Million $) Comparison by Type (2018-2032)
Figure Global Animal Drugs Revenue (Million $) Comparison by Application (2018-2032)
Figure Global Animal Drugs Revenue (Million $) Comparison by Sales Channel (2018-2032)
Table Global Animal Drugs Sales by Player (2021-2023)
Table Global Animal Drugs Sales Market Share by Player (2021-2023)
Figure Global Animal Drugs Sales Market Share by Player in 2023
Table Global Animal Drugs Revenue (Million $) by Player (2021-2023)
Table Global Animal Drugs Revenue Market Share by Player (2021-2023)
Figure Global Animal Drugs Revenue Market Share by Player in 2023
Table Global Animal Drugs Average Price by Player (2021-2023)
Figure Global Animal Drugs Average Price by Player in 2023
Figure Global Animal Drugs Players Competition Situation – Top 5 Players’ Revenue Market Share in 2021
Figure Global Animal Drugs Players Competition Trends – Top 5 Players’ Revenue Market Share in 2023
Figure Example of Pharmaceuticals
Figure Global Pharmaceuticals Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Vaccines
Figure Global Vaccines Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Others
Figure Global Others Revenue (Million $) and Growth Rate (2018-2023)
Table Global Animal Drugs Sales by Type (2018-2023)
Table Global Animal Drugs Sales Market Share by Type (2018-2023)
Figure Global Animal Drugs Sales Market Share by Type in 2023
Table Global Animal Drugs Revenue (Million $) by Type (2018-2023)
Table Global Animal Drugs Revenue Market Share by Type (2018-2023)
Figure Global Animal Drugs Revenue Market Share by Type in 2023
Table Global Animal Drugs Average Price by Type (2018-2023)
Figure Global Animal Drugs Average Price by Type in 2023
Table Leading Players of Animal Drugs by Type in 2023
Figure Example of Livestock Animals
Figure Global Animal Drugs for Livestock Animals Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Companion Animals
Figure Global Animal Drugs for Companion Animals Revenue (Million $) and Growth Rate (2018-2023)
Table Global Animal Drugs Sales by Application (2018-2023)
Table Global Animal Drugs Sales Market Share by Application (2018-2023)
Figure Global Animal Drugs Sales Market Share by Application in 2023
Table Leading Consumers of Animal Drugs by Application in 2023
Figure Example of Direct Channel
Figure Global Animal Drugs for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Animal Drugs for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Animal Drugs Revenue by Sales Channel (2018-2023)
Table Global Animal Drugs Revenue Market Share by Sales Channel (2018-2023)
Figure Global Animal Drugs Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Animal Drugs by Sales Channel in 2023
Table Global Animal Drugs Market Size and CAGR by Region (2018-2032)
Table Global Animal Drugs Sales by Region (2018-2023)
Table Global Animal Drugs Sales Market Share by Region (2018-2023)
Figure Global Animal Drugs Sales Market Share by Region in 2023
Table Global Animal Drugs Revenue (Million $) by Region (2018-2023)
Table Global Animal Drugs Revenue Market Share by Region (2018-2023)
Figure Global Animal Drugs Revenue Market Share by Region in 2023
Table North America Animal Drugs Sales by Country (2018-2023)
Figure North America Animal Drugs Sales Market Share by Country (2018-2023)
Table North America Animal Drugs Revenue by Country (2018-2023)
Figure North America Animal Drugs Revenue Market Share by Country (2018-2023)
Figure North America Animal Drugs Market Share by Type in 2023
Figure North America Animal Drugs Market Share by Application in 2023
Figure United States Animal Drugs Sales and Growth Rate (2018-2023)
Figure United States Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Animal Drugs Sales and Growth Rate (2018-2023)
Figure Canada Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Animal Drugs Sales by Country (2018-2023)
Figure Europe Animal Drugs Sales Market Share by Country (2018-2023)
Table Europe Animal Drugs Revenue by Country (2018-2023)
Figure Europe Animal Drugs Revenue Market Share by Country (2018-2023)
Figure Europe Animal Drugs Market Share by Type in 2023
Figure Europe Animal Drugs Market Share by Application in 2023
Figure Germany Animal Drugs Sales and Growth Rate (2018-2023)
Figure Germany Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Animal Drugs Sales and Growth Rate (2018-2023)
Figure UK Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure France Animal Drugs Sales and Growth Rate (2018-2023)
Figure France Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Animal Drugs Sales and Growth Rate (2018-2023)
Figure Italy Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Animal Drugs Sales and Growth Rate (2018-2023)
Figure Spain Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Animal Drugs Sales and Growth Rate (2018-2023)
Figure Russia Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Animal Drugs Sales by Country (2018-2023)
Figure Asia-Pacific Animal Drugs Sales Market Share by Country (2018-2023)
Table Asia-Pacific Animal Drugs Revenue by Country (2018-2023)
Figure Asia-Pacific Animal Drugs Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Animal Drugs Market Share by Type in 2023
Figure Asia-Pacific Animal Drugs Market Share by Application in 2023
Figure China Animal Drugs Sales and Growth Rate (2018-2023)
Figure China Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Animal Drugs Sales and Growth Rate (2018-2023)
Figure Japan Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Animal Drugs Sales and Growth Rate (2018-2023)
Figure Korea Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure India Animal Drugs Sales and Growth Rate (2018-2023)
Figure India Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Animal Drugs Sales and Growth Rate (2018-2023)
Figure Southeast Asia Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Animal Drugs Sales and Growth Rate (2018-2023)
Figure Australia Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Table South America Animal Drugs Sales by Country (2018-2023)
Figure South America Animal Drugs Sales Market Share by Country (2018-2023)
Table South America Animal Drugs Revenue by Country (2018-2023)
Figure South America Animal Drugs Revenue Market Share by Country (2018-2023)
Figure South America Animal Drugs Market Share by Type in 2023
Figure South America Animal Drugs Market Share by Application in 2023
Figure Brazil Animal Drugs Sales and Growth Rate (2018-2023)
Figure Brazil Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Animal Drugs Sales and Growth Rate (2018-2023)
Figure Mexico Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Animal Drugs Sales and Growth Rate (2018-2023)
Figure Argentina Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Animal Drugs Sales and Growth Rate (2018-2023)
Figure Colombia Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Animal Drugs Sales by Country (2018-2023)
Figure Middle East & Africa Animal Drugs Sales Market Share by Country (2018-2023)
Table Middle East & Africa Animal Drugs Revenue by Country (2018-2023)
Figure Middle East & Africa Animal Drugs Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Animal Drugs Market Share by Type in 2023
Figure Middle East & Africa Animal Drugs Market Share by Application in 2023
Figure Turkey Animal Drugs Sales and Growth Rate (2018-2023)
Figure Turkey Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Animal Drugs Sales and Growth Rate (2018-2023)
Figure UAE Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Animal Drugs Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Animal Drugs Sales and Growth Rate (2018-2023)
Figure South Africa Animal Drugs Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Boehringer Ingelheim
Table Animal Drugs Introduction of Boehringer Ingelheim
Table Animal Drugs Sales, Price, Revenue, Gross Margin and Market Share of Boehringer Ingelheim (2021-2023)
Table Industrial Chain of Animal Drugs
Table Leading Consumers of Animal Drugs
Figure Global Animal Drugs Sales and Growth Rate Forecast (2024-2032)
Figure Global Animal Drugs Revenue and Growth Rate Forecast (2024-2032)
Table Global Animal Drugs Market Size and CAGR Forecast by Region (2024-2032)
Table Global Animal Drugs Market Size and CAGR Forecast by Type (2024-2032)
Table Global Animal Drugs Market Size and CAGR Forecast by Application (2024-2032)
Table Global Animal Drugs Market Size and CAGR Forecast by Sales Channel (2024-2032)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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