Global Animal Drugs Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Drugs - Antiparasitic, Anti-inflammatory, Anti-infectives and Others, Vaccines - Modified Live vaccines (MLV), Killed Inactivated Vaccines and Others, Medicated Feed Additives - Medicated Feed Additives, Vitamins, Amino acids, Enzymes, Antioxidants, Minerals, and Others.

By Animal Type;

Livestock animals - Poultry, Swine, Cattle, Fish and Others, Companion animals - Dogs, Cats, Horses, and Others.

By Administration Route;

Oral, Topical, and Others.

By Distribution Channel;

Veterinary Hospitals, Veterinary Clinics, Pharmacy and Drug Stores, and E-commerce.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn444015112 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Animal Drugs Market (USD Million), 2021 - 2031

In the year 2024, the Global Animal Drugs Market was valued at USD 40,519.88 million. The size of this market is expected to increase to USD 56,636.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.

The global animal drugs market is a vital component of veterinary healthcare, encompassing pharmaceuticals and medications used to treat, prevent, and manage diseases and health conditions in animals. This expansive market serves diverse sectors, including livestock farming, companion animal care, and research institutions dedicated to animal health. The demand for animal drugs is driven by the increasing prevalence of diseases, the need for effective disease management in livestock to ensure food safety and security, and the rising adoption of pets globally.

Key segments within the global animal drugs market include antibiotics, vaccines, parasiticides, anti-inflammatory drugs, and hormonal therapies, each tailored to address specific health concerns across different animal species. Regulatory frameworks and advancements in pharmaceutical research contribute to the development of innovative drug therapies that enhance animal health outcomes and promote sustainable agricultural practices. As the global population grows and consumer expectations for animal welfare and product safety rise, the animal drugs market continues to evolve with a focus on efficacy, safety, and ethical considerations in veterinary medicine.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Animal Type
    3. Market Snapshot, By Administration Route
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Global Animal Drugs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Protein-Rich Diets

        2. Rising Companion Animal Ownership

        3. Growing Focus on Animal Health and Welfare

        4. Technological Advancements in Veterinary Medicine

      2. Restraints
        1. Stringent Regulatory Approval Processes

        2. Public Concerns about Antibiotic Resistance

        3. High Development Costs and Time Intensive Research

        4. Ethical Considerations in Animal Testing

      3. Opportunities
        1. Development of Personalized Veterinary Medicine

        2. Growing Focus on Preventive Healthcare

        3. Emerging Markets in Asia Pacific and Latin America

        4. Technological Integration in Veterinary Practice

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Animal Drugs Market, By Product, 2021 - 2031 (USD Million)
      1. Drugs
        1. Antiparasitic
        2. Anti-inflammatory
        3. Anti-infectives
      2. Vaccines
        1. Modified live Vaccines (MLV)
        2. Killed Inactivated Vaccines
      3. Medicated feed additives
        1. Medicated feed additives
        2. Vitamins
        3. Amino acids
        4. Enzymes
        5. Antioxidants
        6. Minerals
    2. Global Animal Drugs Market, By Animal Type, 2021 - 2031 (USD Million)
      1. Livestock animals
        1. Poultry
        2. Swine
        3. Cattle
        4. Fish
      2. Companion animals
        1. Dogs
        2. Horses
        3. Cats
    3. Global Animal Drugs Market, By Administration Route, 2021 - 2031 (USD Million)
      1. Oral
      2. Topical
    4. Global Animal Drugs Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Veterinary Hospitals
      2. Veterinary Clinics
      3. Pharmacy and Drug Stores
      4. E-commerce
    5. Global Animal Drugs Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bayer AG
      2. Zoetis Inc.
      3. Virbac S.A
      4. Boehringer Ingelheim International GmbH (Merial)
      5. Elanco
      6. Ceva
      7. Vetoquinol S.A
      8. Bimeda, Inc (Bimeda Holdings PLC)
      9. Merck & Co., Inc.
      10. Hester Biosciences Limited
      11. Norbrook
      12. Sequent Scientific Limited
  7. Analyst Views
  8. Future Outlook of the Market