Summary

The global market for Veterinary Products for Companion Animals was estimated to be worth US$ 17336 million in 2024 and is forecast to a readjusted size of US$ 25418 million by 2031 with a CAGR of 5.7% during the forecast period 2025-2031.
Veterinary products for companion animals refer to a broad range of pharmaceuticals, vaccines, diagnostic tools, nutritional supplements, and medical devices designed specifically for pets such as dogs, cats, rabbits, and other small animals that live closely with humans. These products aim to maintain or improve the health, prevent diseases, and treat various medical conditions in companion animals.
The market for veterinary products in companion animals has grown significantly due to increased pet ownership, rising awareness of animal welfare, and advances in veterinary medicine. These products not only enhance the quality of life of pets but also help in controlling zoonotic diseases that can affect humans.
The veterinary products market for companion animals is experiencing robust growth driven by several key factors. Firstly, the global increase in pet ownership, particularly in urban areas and developing economies, has significantly expanded the demand for veterinary care and related products. Pets are increasingly regarded as family members, prompting owners to invest more in preventive healthcare, treatments, and wellness products to ensure their pets’ longevity and quality of life. Advances in veterinary medicine and biotechnology have introduced innovative products such as novel vaccines, advanced diagnostic tools, and specialized pharmaceuticals, further driving market expansion. Additionally, rising awareness regarding zoonotic diseases and the importance of pet hygiene contributes to demand for vaccines, antiparasitic treatments, and nutritional supplements. The growing trend of pet humanization fuels demand for premium and specialty products, including organic and natural veterinary solutions, reflecting changing consumer preferences. Furthermore, government initiatives and regulations supporting animal health and welfare are encouraging market growth by ensuring product safety and promoting responsible pet care practices. Collectively, these drivers contribute to the sustained growth and diversification of veterinary products designed specifically for companion animals.
Despite promising growth prospects, the veterinary products market for companion animals faces several challenges that could constrain its expansion. One significant challenge is the high cost associated with advanced veterinary products and treatments, which may limit accessibility, especially in lower-income regions or among budget-conscious pet owners. Additionally, the lack of widespread awareness and education regarding preventive pet healthcare in certain markets leads to underutilization of veterinary products. Regulatory complexities also pose hurdles; stringent approval processes and varying regulations across countries can delay product launches and increase compliance costs for manufacturers. The market is further challenged by the rising prevalence of counterfeit and substandard veterinary products, which jeopardize animal health and consumer trust. Moreover, the COVID-19 pandemic disrupted supply chains and veterinary service availability, highlighting vulnerabilities in product distribution networks. Finally, competition from generic products and alternative therapies requires companies to continuously innovate and justify the value of their premium offerings. Addressing these challenges will be critical for companies aiming to capitalize on the expanding market for companion animal veterinary products.
This report aims to provide a comprehensive presentation of the global market for Veterinary Products for Companion Animals, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Veterinary Products for Companion Animals by region & country, by Type, and by Application.
The Veterinary Products for Companion Animals market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Veterinary Products for Companion Animals.
Market Segmentation
By Company
Zoetis
Boehringer Ingelheim
Merck Animal Health
Elanco Animal Health
Virbac
Dechra Veterinary Products
Ceva
Vetoquinol
Meiji
Ouro Fino Saude
Parnell
Pulaike Bio
CAHIC
Norbrook
Jindun Pharma
Zhongbo Lvya
Segment by Type
Medicines
Veterinary Vaccines
Segment by Application
Dogs
Cats
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Veterinary Products for Companion Animals company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Veterinary Products for Companion Animals in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Veterinary Products for Companion Animals in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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Table of Contents

1 Market Overview
1.1 Veterinary Products for Companion Animals Product Introduction
1.2 Global Veterinary Products for Companion Animals Market Size Forecast (2020-2031)
1.3 Veterinary Products for Companion Animals Market Trends & Drivers
1.3.1 Veterinary Products for Companion Animals Industry Trends
1.3.2 Veterinary Products for Companion Animals Market Drivers & Opportunity
1.3.3 Veterinary Products for Companion Animals Market Challenges
1.3.4 Veterinary Products for Companion Animals Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Veterinary Products for Companion Animals Players Revenue Ranking (2024)
2.2 Global Veterinary Products for Companion Animals Revenue by Company (2020-2025)
2.3 Key Companies Veterinary Products for Companion Animals Manufacturing Base Distribution and Headquarters
2.4 Key Companies Veterinary Products for Companion Animals Product Offered
2.5 Key Companies Time to Begin Mass Production of Veterinary Products for Companion Animals
2.6 Veterinary Products for Companion Animals Market Competitive Analysis
2.6.1 Veterinary Products for Companion Animals Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Veterinary Products for Companion Animals Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Veterinary Products for Companion Animals as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Medicines
3.1.2 Veterinary Vaccines
3.2 Global Veterinary Products for Companion Animals Sales Value by Type
3.2.1 Global Veterinary Products for Companion Animals Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Veterinary Products for Companion Animals Sales Value, by Type (2020-2031)
3.2.3 Global Veterinary Products for Companion Animals Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Dogs
4.1.2 Cats
4.1.3 Others
4.2 Global Veterinary Products for Companion Animals Sales Value by Application
4.2.1 Global Veterinary Products for Companion Animals Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Veterinary Products for Companion Animals Sales Value, by Application (2020-2031)
4.2.3 Global Veterinary Products for Companion Animals Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Veterinary Products for Companion Animals Sales Value by Region
5.1.1 Global Veterinary Products for Companion Animals Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Veterinary Products for Companion Animals Sales Value by Region (2020-2025)
5.1.3 Global Veterinary Products for Companion Animals Sales Value by Region (2026-2031)
5.1.4 Global Veterinary Products for Companion Animals Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Veterinary Products for Companion Animals Sales Value, 2020-2031
5.2.2 North America Veterinary Products for Companion Animals Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Veterinary Products for Companion Animals Sales Value, 2020-2031
5.3.2 Europe Veterinary Products for Companion Animals Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Veterinary Products for Companion Animals Sales Value, 2020-2031
5.4.2 Asia Pacific Veterinary Products for Companion Animals Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Veterinary Products for Companion Animals Sales Value, 2020-2031
5.5.2 South America Veterinary Products for Companion Animals Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Veterinary Products for Companion Animals Sales Value, 2020-2031
5.6.2 Middle East & Africa Veterinary Products for Companion Animals Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Veterinary Products for Companion Animals Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Veterinary Products for Companion Animals Sales Value, 2020-2031
6.3 United States
6.3.1 United States Veterinary Products for Companion Animals Sales Value, 2020-2031
6.3.2 United States Veterinary Products for Companion Animals Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Veterinary Products for Companion Animals Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Veterinary Products for Companion Animals Sales Value, 2020-2031
6.4.2 Europe Veterinary Products for Companion Animals Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Veterinary Products for Companion Animals Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Veterinary Products for Companion Animals Sales Value, 2020-2031
6.5.2 China Veterinary Products for Companion Animals Sales Value by Type (%), 2024 VS 2031
6.5.3 China Veterinary Products for Companion Animals Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Veterinary Products for Companion Animals Sales Value, 2020-2031
6.6.2 Japan Veterinary Products for Companion Animals Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Veterinary Products for Companion Animals Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Veterinary Products for Companion Animals Sales Value, 2020-2031
6.7.2 South Korea Veterinary Products for Companion Animals Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Veterinary Products for Companion Animals Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Veterinary Products for Companion Animals Sales Value, 2020-2031
6.8.2 Southeast Asia Veterinary Products for Companion Animals Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Veterinary Products for Companion Animals Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Veterinary Products for Companion Animals Sales Value, 2020-2031
6.9.2 India Veterinary Products for Companion Animals Sales Value by Type (%), 2024 VS 2031
6.9.3 India Veterinary Products for Companion Animals Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Zoetis
7.1.1 Zoetis Profile
7.1.2 Zoetis Main Business
7.1.3 Zoetis Veterinary Products for Companion Animals Products, Services and Solutions
7.1.4 Zoetis Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.1.5 Zoetis Recent Developments
7.2 Boehringer Ingelheim
7.2.1 Boehringer Ingelheim Profile
7.2.2 Boehringer Ingelheim Main Business
7.2.3 Boehringer Ingelheim Veterinary Products for Companion Animals Products, Services and Solutions
7.2.4 Boehringer Ingelheim Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.2.5 Boehringer Ingelheim Recent Developments
7.3 Merck Animal Health
7.3.1 Merck Animal Health Profile
7.3.2 Merck Animal Health Main Business
7.3.3 Merck Animal Health Veterinary Products for Companion Animals Products, Services and Solutions
7.3.4 Merck Animal Health Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.3.5 Merck Animal Health Recent Developments
7.4 Elanco Animal Health
7.4.1 Elanco Animal Health Profile
7.4.2 Elanco Animal Health Main Business
7.4.3 Elanco Animal Health Veterinary Products for Companion Animals Products, Services and Solutions
7.4.4 Elanco Animal Health Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.4.5 Elanco Animal Health Recent Developments
7.5 Virbac
7.5.1 Virbac Profile
7.5.2 Virbac Main Business
7.5.3 Virbac Veterinary Products for Companion Animals Products, Services and Solutions
7.5.4 Virbac Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.5.5 Virbac Recent Developments
7.6 Dechra Veterinary Products
7.6.1 Dechra Veterinary Products Profile
7.6.2 Dechra Veterinary Products Main Business
7.6.3 Dechra Veterinary Products Veterinary Products for Companion Animals Products, Services and Solutions
7.6.4 Dechra Veterinary Products Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.6.5 Dechra Veterinary Products Recent Developments
7.7 Ceva
7.7.1 Ceva Profile
7.7.2 Ceva Main Business
7.7.3 Ceva Veterinary Products for Companion Animals Products, Services and Solutions
7.7.4 Ceva Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.7.5 Ceva Recent Developments
7.8 Vetoquinol
7.8.1 Vetoquinol Profile
7.8.2 Vetoquinol Main Business
7.8.3 Vetoquinol Veterinary Products for Companion Animals Products, Services and Solutions
7.8.4 Vetoquinol Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.8.5 Vetoquinol Recent Developments
7.9 Meiji
7.9.1 Meiji Profile
7.9.2 Meiji Main Business
7.9.3 Meiji Veterinary Products for Companion Animals Products, Services and Solutions
7.9.4 Meiji Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.9.5 Meiji Recent Developments
7.10 Ouro Fino Saude
7.10.1 Ouro Fino Saude Profile
7.10.2 Ouro Fino Saude Main Business
7.10.3 Ouro Fino Saude Veterinary Products for Companion Animals Products, Services and Solutions
7.10.4 Ouro Fino Saude Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.10.5 Ouro Fino Saude Recent Developments
7.11 Parnell
7.11.1 Parnell Profile
7.11.2 Parnell Main Business
7.11.3 Parnell Veterinary Products for Companion Animals Products, Services and Solutions
7.11.4 Parnell Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.11.5 Parnell Recent Developments
7.12 Pulaike Bio
7.12.1 Pulaike Bio Profile
7.12.2 Pulaike Bio Main Business
7.12.3 Pulaike Bio Veterinary Products for Companion Animals Products, Services and Solutions
7.12.4 Pulaike Bio Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.12.5 Pulaike Bio Recent Developments
7.13 CAHIC
7.13.1 CAHIC Profile
7.13.2 CAHIC Main Business
7.13.3 CAHIC Veterinary Products for Companion Animals Products, Services and Solutions
7.13.4 CAHIC Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.13.5 CAHIC Recent Developments
7.14 Norbrook
7.14.1 Norbrook Profile
7.14.2 Norbrook Main Business
7.14.3 Norbrook Veterinary Products for Companion Animals Products, Services and Solutions
7.14.4 Norbrook Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.14.5 Norbrook Recent Developments
7.15 Jindun Pharma
7.15.1 Jindun Pharma Profile
7.15.2 Jindun Pharma Main Business
7.15.3 Jindun Pharma Veterinary Products for Companion Animals Products, Services and Solutions
7.15.4 Jindun Pharma Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.15.5 Jindun Pharma Recent Developments
7.16 Zhongbo Lvya
7.16.1 Zhongbo Lvya Profile
7.16.2 Zhongbo Lvya Main Business
7.16.3 Zhongbo Lvya Veterinary Products for Companion Animals Products, Services and Solutions
7.16.4 Zhongbo Lvya Veterinary Products for Companion Animals Revenue (US$ Million) & (2020-2025)
7.16.5 Zhongbo Lvya Recent Developments
8 Industry Chain Analysis
8.1 Veterinary Products for Companion Animals Industrial Chain
8.2 Veterinary Products for Companion Animals Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Veterinary Products for Companion Animals Sales Model
8.5.2 Sales Channel
8.5.3 Veterinary Products for Companion Animals Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer