UAE Veterinary Medicine Market
Description
UAE Veterinary Medicine Market, By Product Type (Drugs (Antibiotics, Parasiticides, Others), Vaccines, Medicated Feed Additives); By Route of Administration (Oral, Parenteral, Topical); By Animal Type (Companion Animals (Dogs, Cats) Livestock (Cattle, Sheep, Aquatic, Poultry, Others)), Trend Analysis, Competitive Landscape & Forecast, 2019–2031UAE Veterinary Medicine Market Size Booming to Surpass USD 106 Million by 2031
UAE Veterinary Medicine Market is flourishing primarily due to the growing awareness about the health of companion animals and livestock, a surging demand for pets, and an increasing number of veterinary hospitals.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated UAE Veterinary Medicine Market size by value at USD 65.12 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects UAE Veterinary Medicine Market size to expand at a significant CAGR of 7.21%, reaching a value of USD 106.02 million by 2031. The growth of UAE Veterinary Medicine Market is propelled by the rising incidence of foodborne and zoonotic diseases caused by livestock or companion animals, the rising pet ownership, and growing healthcare needs of pets. An increasing demand for pet nutrition would further drive UAE Veterinary Medicine Market. The demand for veterinary medicine is driven by growing government funding for pet care and increasing animal health services in the UAE.
Opportunity – Growing Number of Pet Parents
A significant growth rate in the adoption of pets across the UAE. People adopt or buy pets for companionship and are passionate about keeping them along with them. The eating habits of pet animals have been changing drastically. Animals are starting to have a sedentary lifestyle and getting restricted in houses, which results in lifestyle disorders like obesity, thus leading to significant demand for veterinary medicines. The increasing prevalence of chronic conditions in pets is also expected to drive market growth. The amount of disposable income, pet ownership, and ongoing technological changes also affect animal healthcare. Over the past decade, pet adoption for a companion among the elderly population has significantly expanded. Pets are adopted mainly for companionship by people, and the trend from pet owners to pet parents has shifted considerably. A growing number of pets and the rapidly changing implications of technology. The introduction of animal-specific products will also boost the overall demand from the animal healthcare industry.
Drug Product Type Dominates UAE Veterinary Medicine Market
The drugs segment, further divided into antibiotics, parasiticides, and others, accounts for the largest market share of UAE Veterinary Medicine Market, owing to the increased prevalence of food-borne and zoonotic diseases. The vaccines segment is expected to grow at the significant CAGR during the forecast period, due to the enhanced usage of companion animals and livestock for the prevention of diseases. Epidemics have led to huge losses in the breeding industry. Consequently, it increases the demand for vaccines to prevent such epidemics among animals. To maintain animal health, medicated feed additives segment is also expected to grow over the forecast period.
Impact of Escalating Geopolitical Tensions on UAE Veterinary Medicine Market
Escalating geopolitical tensions, particularly across the Middle East region, pose challenges to UAE Veterinary Medicine Market. Rising freight costs, disrupted export routes, and tariff uncertainties, threaten market access and profitability. Concerns over subsidized foreign imports could impact domestic pricing and farmer incomes. Strategic partnerships and government support help mitigate risks, while long-term peace and stability remain crucial for uninterrupted growth and global competitiveness.
Competitive Landscape
UAE Veterinary Medicine Market is highly fragmented, with numerous players serving the market. Major companies dominating the market are Elanco, Eurovets Veterinary Medicines LLC, Gulf Rider Veterinary Medicine, Merck Animal Health, Vet Convert, Virbac, and Zoetis. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in UAE Veterinary Medicine Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and UAE Veterinary Medicine Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in UAE Veterinary Medicine Market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
UAE Veterinary Medicine Market is flourishing primarily due to the growing awareness about the health of companion animals and livestock, a surging demand for pets, and an increasing number of veterinary hospitals.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated UAE Veterinary Medicine Market size by value at USD 65.12 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects UAE Veterinary Medicine Market size to expand at a significant CAGR of 7.21%, reaching a value of USD 106.02 million by 2031. The growth of UAE Veterinary Medicine Market is propelled by the rising incidence of foodborne and zoonotic diseases caused by livestock or companion animals, the rising pet ownership, and growing healthcare needs of pets. An increasing demand for pet nutrition would further drive UAE Veterinary Medicine Market. The demand for veterinary medicine is driven by growing government funding for pet care and increasing animal health services in the UAE.
Opportunity – Growing Number of Pet Parents
A significant growth rate in the adoption of pets across the UAE. People adopt or buy pets for companionship and are passionate about keeping them along with them. The eating habits of pet animals have been changing drastically. Animals are starting to have a sedentary lifestyle and getting restricted in houses, which results in lifestyle disorders like obesity, thus leading to significant demand for veterinary medicines. The increasing prevalence of chronic conditions in pets is also expected to drive market growth. The amount of disposable income, pet ownership, and ongoing technological changes also affect animal healthcare. Over the past decade, pet adoption for a companion among the elderly population has significantly expanded. Pets are adopted mainly for companionship by people, and the trend from pet owners to pet parents has shifted considerably. A growing number of pets and the rapidly changing implications of technology. The introduction of animal-specific products will also boost the overall demand from the animal healthcare industry.
Drug Product Type Dominates UAE Veterinary Medicine Market
The drugs segment, further divided into antibiotics, parasiticides, and others, accounts for the largest market share of UAE Veterinary Medicine Market, owing to the increased prevalence of food-borne and zoonotic diseases. The vaccines segment is expected to grow at the significant CAGR during the forecast period, due to the enhanced usage of companion animals and livestock for the prevention of diseases. Epidemics have led to huge losses in the breeding industry. Consequently, it increases the demand for vaccines to prevent such epidemics among animals. To maintain animal health, medicated feed additives segment is also expected to grow over the forecast period.
Impact of Escalating Geopolitical Tensions on UAE Veterinary Medicine Market
Escalating geopolitical tensions, particularly across the Middle East region, pose challenges to UAE Veterinary Medicine Market. Rising freight costs, disrupted export routes, and tariff uncertainties, threaten market access and profitability. Concerns over subsidized foreign imports could impact domestic pricing and farmer incomes. Strategic partnerships and government support help mitigate risks, while long-term peace and stability remain crucial for uninterrupted growth and global competitiveness.
Competitive Landscape
UAE Veterinary Medicine Market is highly fragmented, with numerous players serving the market. Major companies dominating the market are Elanco, Eurovets Veterinary Medicines LLC, Gulf Rider Veterinary Medicine, Merck Animal Health, Vet Convert, Virbac, and Zoetis. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in UAE Veterinary Medicine Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and UAE Veterinary Medicine Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in UAE Veterinary Medicine Market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
120 Pages
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- UAE Veterinary Medicine Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Growing love for pets
- Rising number of veterinary hospitals & clinics
- Restraints
- High Costs of Veterinary Medicine and Animal Healthcare Service
- Opportunities
- Growing Number of Pet Parents
- Government’s Supportive Initiatives
- Challenges
- Increasing Prevalence of Epidemics and Pandemics
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- UAE Veterinary Medicine Market: Marketing Strategies
- UAE Veterinary Medicine Market: Pricing Analysis
- UAE Veterinary Medicine Market Overview
- Market Size & Forecast, 2019–2031
- By Value (USD Million)
- Market Share & Forecast
- By Product Type
- Drugs
- Antibiotics
- Parasiticides
- Others
- Vaccines
- Medicated Feed Additives
- By Route of Administration
- Oral
- Parenteral
- Topical
- By Animal Type
- Companion Animals
- Dogs
- Cats
- Livestock
- Cattle
- Sheep
- Aquatic
- Poultry
- Others
- Competitive Landscape
- List of Key Players and Their Offerings
- UAE Veterinary Medicine Market Company Market Share Analysis, 2024
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- Impact of Escalating Geopolitical Tensions on UAE Veterinary Medicine Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Elanco
- Eurovets Veterinary Medicines LLC
- Gulf Rider Veterinary Medicine
- Merck Animal Health
- Vet Convert
- Virbac
- Zoetis
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1UAE Veterinary Medicine Market Segmentation
- Figure 2UAE Veterinary Medicine Market Value Chain Analysis
- Figure 3Company Market Share Analysis, 2024
- Figure 4UAE Veterinary Medicine Market Size, By Value (USD Million), 2019–2031
- Figure 5UAE Veterinary Medicine Market Share, By Product Type, By Value, 2019–2031
- Figure 6UAE Veterinary Medicine Market Share, By Route of Administration, By Value, 2019–2031
- Figure 7UAE Veterinary Medicine Market Share, By Animal Type, By Value, 2019–2031
- List of Tables
- Table 1 UAE Veterinary Medicine Market Size, By Value (USD Million), 2019–2031
- Table 2 UAE Veterinary Medicine Market Size, By Product Type, By Value, 2019–2031
- Table 3 UAE Veterinary Medicine Market Size, By Route of Administration, By Value, 2019–2031
- Table 4 UAE Veterinary Medicine Market Size, By Animal Type, By Value, 2019–2031
- Table 5 Elanco Company Overview
- Table 6 Elanco Financial Overview
- Table 7 Eurovets Veterinary Medicines LLC Company Overview
- Table 8 Eurovets Veterinary Medicines LLC Financial Overview
- Table 9 Gulf Rider Veterinary Medicine Company Overview
- Table 10 Gulf Rider Veterinary Medicine Financial Overview
- Table 11 Merck Animal Health Company Overview
- Table 12 Merck Animal Health Financial Overview
- Table 13 Vet Convert Company Overview
- Table 14 Vet Convert Financial Overview
- Table 15 Virbac Company Overview
- Table 16 Virbac Financial Overview
- Table 17 Zoetis Company Overview
- Table 18 Zoetis Financial Overview
Pricing
Currency Rates
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