Global Veterinary Biologics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Vaccines-(Attenuated Live Vaccines, Conjugate Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines, Recombinant Vaccines) Bacterial Extracts ,Monoclonal Antibody, Immunomodulatory-(Cytokines, Others) Allergenic Extracts.

By Animal Type;

Companion Animals, Canine, Avian, Feline, Livestock and Equine.

By Distribution Channel;

Veterinary Clinics, Veterinary Hospitals, Veterinary Research Institutes and Retail Pharmacies.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn156116658 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Veterinary Biologics Market (USD Million), 2021 - 2031

In the year 2024, the Global Veterinary Biologics Market was valued at USD 26,621.32 million. The size of this market is expected to increase to USD 40,028.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The Global Veterinary Biologics Market encompasses a diverse range of biological products specifically developed for the prevention, treatment, and diagnosis of diseases in animals. These biologics include vaccines, antibodies, diagnostics, and other biological therapeutics tailored to the unique health needs of livestock and companion animals. The market plays a crucial role in veterinary medicine by offering innovative solutions that enhance animal health outcomes, reduce disease burden, and support sustainable agriculture practices globally. As the demand for safe and effective veterinary healthcare solutions grows, the market continues to expand, driven by advancements in biotechnology and increasing investments in animal welfare.

The global veterinary biologics market plays a pivotal role in safeguarding animal health and improving productivity in livestock and companion animals. Veterinary biologics, including vaccines, antibodies, and diagnostic reagents, are biological products derived from living organisms and designed to prevent, diagnose, or treat diseases in animals. These biologics are essential in controlling infectious diseases, enhancing the quality of animal-derived food products, and ensuring the well-being of pets, livestock, and wildlife. As global awareness of the importance of animal health grows, the veterinary biologics market has witnessed steady expansion.

A significant driver of this market is the increasing prevalence of zoonotic diseases, which pose risks to both animal and human health. The rising demand for protein-rich food, including meat, milk, and eggs, has further emphasized the need for effective disease prevention and control in livestock populations. Vaccines, in particular, have gained widespread adoption due to their ability to protect against a range of viral, bacterial, and parasitic diseases. In the companion animal segment, the growing trend of pet ownership and the associated demand for advanced healthcare solutions are also fueling the adoption of veterinary biologics.

Despite its strong growth potential, the market faces challenges such as high production costs, stringent regulatory requirements, and the need for cold-chain logistics to maintain product stability. However, ongoing advancements in biotechnology and the development of novel biologics, including DNA and RNA-based vaccines, are paving the way for innovative solutions. Furthermore, increased government initiatives and partnerships between research institutions and private players are supporting the development and distribution of veterinary biologics in both developed and emerging markets. These factors are expected to sustain the market’s growth and strengthen its role in addressing global animal health challenges.

  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 Distribution Channel
    4. Market Snapshot, By Region
  4. Global Veterinary Biologics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Pet Adoption
        2. Increase in Zoonotic Diseases
        3. Demand for Food Safety
        4. Advancements in Biotechnology
      2. Restraints
        1. Regulatory Hurdles
        2. High Development Costs
        3. Limited Awareness
        4. Storage and Distribution Challenges
      3. Opportunities
        1. Emerging Markets Expansion
        2. Customized Vaccines
        3. Biotechnology Innovations
        4. One Health Approach
    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 Veterinary Biologics Market, By Product, 2021 - 2031 (USD Million)
      1. Vaccines
        1. Attenuated Live Vaccines
        2. Conjugate Vaccines
        3. Inactivated Vaccines
        4. Subunit Vaccines
        5. Toxoid Vaccines
        6. DNA Vaccines
        7. Recombinant Vaccines
      2. Bacterial Extracts
      3. Monoclonal Antibody
      4. Immunomodulatory
        1. Cytokines
        2. Others
      5. Allergenic Extracts
    2. Global Veterinary Biologics Market, By Animal Type, 2021 - 2031 (USD Million)
      1. Companion Animals
      2. Canine
      3. Avian
      4. Feline
      5. Livestock
      6. Equine
    3. Global Veterinary Biologics Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Veterinary Clinics
      2. Veterinary Hospitals
      3. Veterinary Research Institutes
      4. Retail Pharmacies
    4. Global Veterinary Biologics 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. Elanco Animal Health
      2. Ceva
      3. Phibro Animal Health Corporation
      4. Boehringer Ingelheim
      5. Zoetis, Inc.
      6. Merck Animal Health
      7. Virbac
      8. Hester Biosciences Limited
  7. Analyst Views
  8. Future Outlook of the Market