Market Overview
According to DIResearch＇s in-depth investigation and research, the global Veterinary Drug market size will reach 30,192 Million USD in 2025 and is projected to reach 43,311 Million USD by 2032, with a CAGR of 5.29% (2025-2032). Notably, the China Veterinary Drug market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Veterinary drugs, also known as veterinary pharmaceuticals or veterinary medications, are substances used to prevent, diagnose, treat, or manage diseases, disorders, and health conditions in animals. These drugs are specifically formulated and regulated for use in veterinary medicine to ensure the safety, efficacy, and welfare of animals. Veterinary drugs encompass a wide range of products, including antibiotics, antiparasitics, vaccines, analgesics, anti-inflammatory drugs, anesthetics, sedatives, hormones, and nutritional supplements, among others. They may be administered orally, topically, parenterally (injection), or through other routes depending on the type of drug and the condition being treated. Veterinary drugs play a critical role in maintaining animal health, preventing the spread of diseases, supporting animal welfare, and ensuring the safety of animal-derived food products. Regulatory agencies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) oversee the approval, manufacturing, distribution, and use of veterinary drugs to ensure their safety and effectiveness for veterinary use.
The major global suppliers of Veterinary Drug include Zoetis, Elanco, Boehringer Ingelheim, Merck, Virbac, Ceva, Vetoquinol, Dechra, Norbrook, Phibro, Huvepharma, Hipra, Ouro Fino Saude, CAHIC, Orion, Ringpu Biology, Nippon Zenyaku Kogyo, Farmavet-Pasteur, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Veterinary Drug. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Veterinary Drug market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Veterinary Drug market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Veterinary Drug industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Veterinary Drug Include:
Zoetis
Elanco
Boehringer Ingelheim
Merck
Virbac
Ceva
Vetoquinol
Dechra
Norbrook
Phibro
Huvepharma
Hipra
Ouro Fino Saude
CAHIC
Orion
Ringpu Biology
Nippon Zenyaku Kogyo
Farmavet-Pasteur
Veterinary Drug Product Segment Include:
Anti-Infectives
Anti-Inflammatory
Parasiticides
Analgesics
Sedatives
Others
Veterinary Drug Product Application Include:
Pets
Cattle
Poultry
Swine
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Veterinary Drug Industry PESTEL Analysis
Chapter 3: Global Veterinary Drug Industry Porter's Five Forces Analysis
Chapter 4: Global Veterinary Drug Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Veterinary Drug Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Veterinary Drug Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Veterinary Drug Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
- 1 Veterinary Drug Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Veterinary Drug Product by Type
- 1.2.1 Anti-Infectives
- 1.2.2 Anti-Inflammatory
- 1.2.3 Parasiticides
- 1.2.4 Analgesics
- 1.2.5 Sedatives
- 1.2.6 Others
- 1.3 Veterinary Drug Product by Application
- 1.3.1 Pets
- 1.3.2 Cattle
- 1.3.3 Poultry
- 1.3.4 Swine
- 1.3.5 Others
- 1.4 Global Veterinary Drug Market Size Analysis (2020-2032)
- 1.5 Veterinary Drug Market Development Status and Trends
- 1.5.1 Veterinary Drug Industry Development Status Analysis
- 1.5.2 Veterinary Drug Industry Development Trends Analysis
- 2 Veterinary Drug Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Veterinary Drug Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Veterinary Drug Market Analysis by Country
- 4.1 Global Veterinary Drug Market Size Analysis by Country: 2024 VS 2025 VS 2030
- 4.1.1 Global Veterinary Drug Revenue Analysis by Country (2020-2025)
- 4.1.2 Global Veterinary Drug Revenue Forecast Analysis by Country (2026-2032)
- 4.2 United States Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.3 Germany Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.4 Japan Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.5 China Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.6 France Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.7 U.K. Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.8 South Korea Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.9 Canada Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.10 Italy Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.11 Russia Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.12 Mexico Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.13 Brazil Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.14 India Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.15 Vietnam Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.16 Thailand Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 4.17 South Africa Veterinary Drug Market Revenue and Growth Rate (2020-2032)
- 5 Competition by Suppliers
- 5.1 Global Veterinary Drug Market Revenue by Key Suppliers (2021-2025)
- 5.2 Veterinary Drug Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Veterinary Drug Competitive Landscape Analysis
- 5.2.2 Global Key Suppliers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Veterinary Drug Market Analysis by Type
- 6.1 Global Veterinary Drug Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.2 Global Veterinary Drug Revenue and Forecast Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Zoetis
- 7.1.1 Zoetis Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Zoetis Veterinary Drug Product Portfolio
- 7.1.3 Zoetis Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.2 Elanco
- 7.2.1 Elanco Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Elanco Veterinary Drug Product Portfolio
- 7.2.3 Elanco Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.3 Boehringer Ingelheim
- 7.3.1 Boehringer Ingelheim Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Boehringer Ingelheim Veterinary Drug Product Portfolio
- 7.3.3 Boehringer Ingelheim Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.4 Merck
- 7.4.1 Merck Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Merck Veterinary Drug Product Portfolio
- 7.4.3 Merck Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.5 Virbac
- 7.5.1 Virbac Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Virbac Veterinary Drug Product Portfolio
- 7.5.3 Virbac Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.6 Ceva
- 7.6.1 Ceva Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Ceva Veterinary Drug Product Portfolio
- 7.6.3 Ceva Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.7 Vetoquinol
- 7.7.1 Vetoquinol Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Vetoquinol Veterinary Drug Product Portfolio
- 7.7.3 Vetoquinol Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.8 Dechra
- 7.8.1 Dechra Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Dechra Veterinary Drug Product Portfolio
- 7.8.3 Dechra Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.9 Norbrook
- 7.9.1 Norbrook Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Norbrook Veterinary Drug Product Portfolio
- 7.9.3 Norbrook Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.10 Phibro
- 7.10.1 Phibro Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Phibro Veterinary Drug Product Portfolio
- 7.10.3 Phibro Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.11 Huvepharma
- 7.11.1 Huvepharma Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Huvepharma Veterinary Drug Product Portfolio
- 7.11.3 Huvepharma Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.12 Hipra
- 7.12.1 Hipra Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 Hipra Veterinary Drug Product Portfolio
- 7.12.3 Hipra Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.13 Ouro Fino Saude
- 7.13.1 Ouro Fino Saude Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 Ouro Fino Saude Veterinary Drug Product Portfolio
- 7.13.3 Ouro Fino Saude Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.14 CAHIC
- 7.14.1 CAHIC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.14.2 CAHIC Veterinary Drug Product Portfolio
- 7.14.3 CAHIC Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.15 Orion
- 7.15.1 Orion Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.15.2 Orion Veterinary Drug Product Portfolio
- 7.15.3 Orion Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.16 Ringpu Biology
- 7.16.1 Ringpu Biology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.16.2 Ringpu Biology Veterinary Drug Product Portfolio
- 7.16.3 Ringpu Biology Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.17 Nippon Zenyaku Kogyo
- 7.17.1 Nippon Zenyaku Kogyo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.17.2 Nippon Zenyaku Kogyo Veterinary Drug Product Portfolio
- 7.17.3 Nippon Zenyaku Kogyo Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.18 Farmavet-Pasteur
- 7.18.1 Farmavet-Pasteur Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.18.2 Farmavet-Pasteur Veterinary Drug Product Portfolio
- 7.18.3 Farmavet-Pasteur Veterinary Drug Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Veterinary Drug Industry Chain Analysis
- 8.2 Veterinary Drug Product Downstream Application Analysis
- 8.2.1 Global Veterinary Drug Market Size and Growth Rate (CAGR) by Application: 2024 VS 2025 VS 2032
- 8.2.2 Global Veterinary Drug Revenue and Forecast by Application (2020-2032)
- 8.3 Veterinary Drug Typical Downstream Customers
- 8.4 Veterinary Drug Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
- 10.4.2 Secondary Sources
- 10.5 Data Cross Validation
- 10.6 Disclaimer
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook