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Global Companion Animal Health Market Research Report 2024
Synopsis
A companion animal is an animal kept primarily for a person's company, protection, or entertainment rather than as a working animal, livestock or laboratory animal.
The global Companion Animal Health market was valued at US$ 13870 million in 2023 and is anticipated to reach US$ 17650 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 229%.
This report aims to provide a comprehensive presentation of the global market for Companion Animal Health, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Companion Animal Health.
Report Scope
The Companion Animal Health market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Companion Animal Health market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Companion Animal Health companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Zoetis
Nutreco
Merck
Elanco
Bayer
Segment by Type
Dogs
Equine
Cats
Others
Segment by Application
Point-of-care Testing/In-house Testing
Hospitals & Clinics
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
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, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Companion Animal Health companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
A companion animal is an animal kept primarily for a person's company, protection, or entertainment rather than as a working animal, livestock or laboratory animal.
The global Companion Animal Health market was valued at US$ 13870 million in 2023 and is anticipated to reach US$ 17650 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 229%.
This report aims to provide a comprehensive presentation of the global market for Companion Animal Health, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Companion Animal Health.
Report Scope
The Companion Animal Health market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Companion Animal Health market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Companion Animal Health companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Zoetis
Nutreco
Merck
Elanco
Bayer
Segment by Type
Dogs
Equine
Cats
Others
Segment by Application
Point-of-care Testing/In-house Testing
Hospitals & Clinics
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
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, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Companion Animal Health companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Companion Animal Health Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Dogs
1.2.3 Equine
1.2.4 Cats
1.2.5 Others
1.3 Market by Application
1.3.1 Global Companion Animal Health Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Point-of-care Testing/In-house Testing
1.3.3 Hospitals & Clinics
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Companion Animal Health Market Perspective (2019-2030)
2.2 Companion Animal Health Growth Trends by Region
2.2.1 Global Companion Animal Health Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Companion Animal Health Historic Market Size by Region (2019-2024)
2.2.3 Companion Animal Health Forecasted Market Size by Region (2025-2030)
2.3 Companion Animal Health Market Dynamics
2.3.1 Companion Animal Health Industry Trends
2.3.2 Companion Animal Health Market Drivers
2.3.3 Companion Animal Health Market Challenges
2.3.4 Companion Animal Health Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Companion Animal Health Players by Revenue
3.1.1 Global Top Companion Animal Health Players by Revenue (2019-2024)
3.1.2 Global Companion Animal Health Revenue Market Share by Players (2019-2024)
3.2 Global Companion Animal Health Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Companion Animal Health Revenue
3.4 Global Companion Animal Health Market Concentration Ratio
3.4.1 Global Companion Animal Health Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Companion Animal Health Revenue in 2023
3.5 Companion Animal Health Key Players Head office and Area Served
3.6 Key Players Companion Animal Health Product Solution and Service
3.7 Date of Enter into Companion Animal Health Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Companion Animal Health Breakdown Data by Type
4.1 Global Companion Animal Health Historic Market Size by Type (2019-2024)
4.2 Global Companion Animal Health Forecasted Market Size by Type (2025-2030)
5 Companion Animal Health Breakdown Data by Application
5.1 Global Companion Animal Health Historic Market Size by Application (2019-2024)
5.2 Global Companion Animal Health Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Companion Animal Health Market Size (2019-2030)
6.2 North America Companion Animal Health Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Companion Animal Health Market Size by Country (2019-2024)
6.4 North America Companion Animal Health Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Companion Animal Health Market Size (2019-2030)
7.2 Europe Companion Animal Health Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Companion Animal Health Market Size by Country (2019-2024)
7.4 Europe Companion Animal Health Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Companion Animal Health Market Size (2019-2030)
8.2 Asia-Pacific Companion Animal Health Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Companion Animal Health Market Size by Region (2019-2024)
8.4 Asia-Pacific Companion Animal Health Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Companion Animal Health Market Size (2019-2030)
9.2 Latin America Companion Animal Health Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Companion Animal Health Market Size by Country (2019-2024)
9.4 Latin America Companion Animal Health Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Companion Animal Health Market Size (2019-2030)
10.2 Middle East & Africa Companion Animal Health Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Companion Animal Health Market Size by Country (2019-2024)
10.4 Middle East & Africa Companion Animal Health Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Zoetis
11.1.1 Zoetis Company Detail
11.1.2 Zoetis Business Overview
11.1.3 Zoetis Companion Animal Health Introduction
11.1.4 Zoetis Revenue in Companion Animal Health Business (2019-2024)
11.1.5 Zoetis Recent Development
11.2 Nutreco
11.2.1 Nutreco Company Detail
11.2.2 Nutreco Business Overview
11.2.3 Nutreco Companion Animal Health Introduction
11.2.4 Nutreco Revenue in Companion Animal Health Business (2019-2024)
11.2.5 Nutreco Recent Development
11.3 Merck
11.3.1 Merck Company Detail
11.3.2 Merck Business Overview
11.3.3 Merck Companion Animal Health Introduction
11.3.4 Merck Revenue in Companion Animal Health Business (2019-2024)
11.3.5 Merck Recent Development
11.4 Elanco
11.4.1 Elanco Company Detail
11.4.2 Elanco Business Overview
11.4.3 Elanco Companion Animal Health Introduction
11.4.4 Elanco Revenue in Companion Animal Health Business (2019-2024)
11.4.5 Elanco Recent Development
11.5 Bayer
11.5.1 Bayer Company Detail
11.5.2 Bayer Business Overview
11.5.3 Bayer Companion Animal Health Introduction
11.5.4 Bayer Revenue in Companion Animal Health Business (2019-2024)
11.5.5 Bayer Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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