
Veterinary/Animal Vaccines Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Growth Factors of Veterinary/Animal Vaccines Market
The global veterinary/animal vaccines market is witnessing strong and consistent growth driven by increasing concerns over animal health, the rising prevalence of zoonotic diseases, and growing livestock populations worldwide. According to Fortune Business Insights, the global animal vaccines market was valued at USD 13.47 billion in 2023 and is projected to grow from USD 14.43 billion in 2024 to USD 24.85 billion by 2032, demonstrating a rising demand for effective immunization in both companion and livestock animals.
Rising Zoonotic Threats and Livestock Industry Expansion
The continued risk of zoonotic diseases, such as rabies, avian influenza, and swine flu, has placed a renewed focus on preventive healthcare for animals. These diseases not only affect animal welfare but also pose a severe risk to human health, especially in regions where people live in close proximity to animals. Governments and international health organizations are increasingly prioritizing mass vaccination campaigns, especially in developing economies, to curb the transmission of such infections.
Meanwhile, livestock farming is expanding across Asia and Latin America to meet the growing global demand for protein-rich foods. This surge has driven the need for livestock vaccination programs, particularly for diseases like foot-and-mouth disease (FMD), bovine viral diarrhea (BVD), and brucellosis, which significantly impact productivity and export potential.
Companion Animal Vaccination Trends
Alongside livestock, companion animal vaccination is gaining momentum, particularly in developed economies. Rising pet ownership, increasing awareness of animal health, and a growing inclination to spend on pet care have all contributed to rising demand for vaccines against common ailments such as rabies, distemper, parvovirus, and feline leukemia.
The pet insurance industry and veterinary clinics have also fueled the uptake of vaccination as a preventive healthcare measure, ensuring long-term well-being of household pets.
Technological Innovations and Vaccine Advancements
The veterinary vaccine market is witnessing a technological transformation with the introduction of DNA-based vaccines, vector vaccines, and live attenuated vaccines. These advancements are improving vaccine stability, efficacy, and ease of administration.
Companies are also investing in thermostable vaccines that can be distributed in remote areas with limited cold-chain infrastructure, expanding access in rural regions of Asia and Africa.
Moreover, needle-free delivery systems, intradermal vaccines, and oral formulations are simplifying administration and improving compliance, particularly in poultry and swine sectors.
Regional Insights
North America dominates the global animal vaccines market, driven by advanced veterinary infrastructure, high pet adoption rates, and established livestock industries in the U.S. and Canada.
Europe follows closely, with increasing focus on preventing disease outbreaks among both domestic and wild animals. Countries such as Germany, the U.K., and France invest heavily in animal healthcare and zoonosis prevention.
Asia Pacific is the fastest-growing region, fueled by large-scale livestock production, government immunization programs, and rising awareness of animal health in countries like India, China, and Indonesia.
Latin America and the Middle East & Africa also present growth opportunities, particularly due to expanding livestock farming and emerging veterinary health infrastructure.
Key Players and Competitive Landscape
Prominent companies in the veterinary vaccines market include:
Zoetis Inc.
Merck Animal Health
Elanco Animal Health
Boehringer Ingelheim Animal Health
Ceva Santé Animale
Phibro Animal Health
Hester Biosciences
Indian Immunologicals Ltd.
Virbac
Bayer Animal Health
These companies are focusing on product innovation, mergers and acquisitions, and geographic expansion to strengthen their market presence. Collaborations with research institutions and government bodies are also key strategies to develop and distribute vaccines in underserved regions.
Strategic Outlook
The veterinary/animal vaccines market is poised for robust growth through 2032, supported by strong global demand for food security, pet care, and disease prevention. As public health concerns intersect with animal health, vaccines will continue to play a pivotal role in sustainable livestock management and companion animal care. Strategic investments in R&D, cold-chain logistics, and regulatory partnerships will shape the future of this dynamic market.
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2024
Estimated Year 2025
Forecast Period 2025-2032
Historical Period 2019-2023
Growth Rate CAGR of 5.8% from 2025 to 2032
Unit Value (USD Billion)
Segmentation By Product
Inactivated
Live Attenuated
Recombinant
Others
By Animal
Companion
Feline
Canine
Avian
Others
Livestock
Poultry
Porcine
Bovine
Others
By Route of Administration
Oral
Parenteral
Others
By Distribution Channel
Veterinary Hospitals
Veterinary Clinics
Pharmacies & Drug Stores
Others
By Region
North America (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
U.S.
Canada
Europe (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
U.K.
Germany
France
Italy
Spain
Scandinavia
Rest of Europe
Asia Pacific (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Latin America (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
Brazil
Mexico
Rest of Latin America
Middle East & Africa (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
GCC
South Africa
Rest of the Middle East & Africa
Please Note:
It will take 5-6 business days to complete the report upon order confirmation.
The global veterinary/animal vaccines market is witnessing strong and consistent growth driven by increasing concerns over animal health, the rising prevalence of zoonotic diseases, and growing livestock populations worldwide. According to Fortune Business Insights, the global animal vaccines market was valued at USD 13.47 billion in 2023 and is projected to grow from USD 14.43 billion in 2024 to USD 24.85 billion by 2032, demonstrating a rising demand for effective immunization in both companion and livestock animals.
Rising Zoonotic Threats and Livestock Industry Expansion
The continued risk of zoonotic diseases, such as rabies, avian influenza, and swine flu, has placed a renewed focus on preventive healthcare for animals. These diseases not only affect animal welfare but also pose a severe risk to human health, especially in regions where people live in close proximity to animals. Governments and international health organizations are increasingly prioritizing mass vaccination campaigns, especially in developing economies, to curb the transmission of such infections.
Meanwhile, livestock farming is expanding across Asia and Latin America to meet the growing global demand for protein-rich foods. This surge has driven the need for livestock vaccination programs, particularly for diseases like foot-and-mouth disease (FMD), bovine viral diarrhea (BVD), and brucellosis, which significantly impact productivity and export potential.
Companion Animal Vaccination Trends
Alongside livestock, companion animal vaccination is gaining momentum, particularly in developed economies. Rising pet ownership, increasing awareness of animal health, and a growing inclination to spend on pet care have all contributed to rising demand for vaccines against common ailments such as rabies, distemper, parvovirus, and feline leukemia.
The pet insurance industry and veterinary clinics have also fueled the uptake of vaccination as a preventive healthcare measure, ensuring long-term well-being of household pets.
Technological Innovations and Vaccine Advancements
The veterinary vaccine market is witnessing a technological transformation with the introduction of DNA-based vaccines, vector vaccines, and live attenuated vaccines. These advancements are improving vaccine stability, efficacy, and ease of administration.
Companies are also investing in thermostable vaccines that can be distributed in remote areas with limited cold-chain infrastructure, expanding access in rural regions of Asia and Africa.
Moreover, needle-free delivery systems, intradermal vaccines, and oral formulations are simplifying administration and improving compliance, particularly in poultry and swine sectors.
Regional Insights
North America dominates the global animal vaccines market, driven by advanced veterinary infrastructure, high pet adoption rates, and established livestock industries in the U.S. and Canada.
Europe follows closely, with increasing focus on preventing disease outbreaks among both domestic and wild animals. Countries such as Germany, the U.K., and France invest heavily in animal healthcare and zoonosis prevention.
Asia Pacific is the fastest-growing region, fueled by large-scale livestock production, government immunization programs, and rising awareness of animal health in countries like India, China, and Indonesia.
Latin America and the Middle East & Africa also present growth opportunities, particularly due to expanding livestock farming and emerging veterinary health infrastructure.
Key Players and Competitive Landscape
Prominent companies in the veterinary vaccines market include:
Zoetis Inc.
Merck Animal Health
Elanco Animal Health
Boehringer Ingelheim Animal Health
Ceva Santé Animale
Phibro Animal Health
Hester Biosciences
Indian Immunologicals Ltd.
Virbac
Bayer Animal Health
These companies are focusing on product innovation, mergers and acquisitions, and geographic expansion to strengthen their market presence. Collaborations with research institutions and government bodies are also key strategies to develop and distribute vaccines in underserved regions.
Strategic Outlook
The veterinary/animal vaccines market is poised for robust growth through 2032, supported by strong global demand for food security, pet care, and disease prevention. As public health concerns intersect with animal health, vaccines will continue to play a pivotal role in sustainable livestock management and companion animal care. Strategic investments in R&D, cold-chain logistics, and regulatory partnerships will shape the future of this dynamic market.
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2024
Estimated Year 2025
Forecast Period 2025-2032
Historical Period 2019-2023
Growth Rate CAGR of 5.8% from 2025 to 2032
Unit Value (USD Billion)
Segmentation By Product
Inactivated
Live Attenuated
Recombinant
Others
By Animal
Companion
Feline
Canine
Avian
Others
Livestock
Poultry
Porcine
Bovine
Others
By Route of Administration
Oral
Parenteral
Others
By Distribution Channel
Veterinary Hospitals
Veterinary Clinics
Pharmacies & Drug Stores
Others
By Region
North America (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
U.S.
Canada
Europe (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
U.K.
Germany
France
Italy
Spain
Scandinavia
Rest of Europe
Asia Pacific (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Latin America (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
Brazil
Mexico
Rest of Latin America
Middle East & Africa (By Product, Animal, Route of Administration, Distribution Channel, and Country/ Sub-Region)
GCC
South Africa
Rest of the Middle East & Africa
Please Note:
It will take 5-6 business days to complete the report upon order confirmation.
Table of Contents
167 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Trends
- 4. Key Insights
- 4.1. Overview of Animal Diseases by Key Countries, By Key Countries/ Region, 2024
- 4.2. Regulatory Scenario By Key Countries/ Region, 2024
- 4.3. Pet Ownership Statistics, By Key Countries/ Region, 2024
- 4.4. Overview of Vaccination for Different Animal Diseases
- 4.5. New Product Launches, By Key Players
- 4.6. Key Industry Developments (Mergers, Acquisitions, Partnerships, etc.)
- 4.7. Impact of COVID-19 on the Global Veterinary Vaccines Market
- 5. Global Veterinary Vaccines Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Market Analysis, Insights and Forecast – By Product
- 5.1.1. Inactivated
- 5.1.2. Live Attenuated
- 5.1.3. Recombinant
- 5.1.4. Others
- 5.2. Market Analysis, Insights and Forecast – By Animal Type
- 5.2.1. Companion
- 5.2.1.1. Feline
- 5.2.1.2. Canine
- 5.2.1.3. Avian
- 5.2.1.4. Others
- 5.2.2. Livestock
- 5.2.2.1. Poultry
- 5.2.2.2. Porcine
- 5.2.2.3. Bovine
- 5.2.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By Route of Administration
- 5.3.1. Oral
- 5.3.2. Parenteral
- 5.3.3. Others
- 5.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.4.1. Veterinary Hospitals
- 5.4.2. Veterinary Clinics
- 5.4.3. Pharmacies & Drug Stores
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East & Africa
- 6. North America Veterinary Vaccines Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast – By Product
- 6.1.1. Inactivated
- 6.1.2. Live Attenuated
- 6.1.3. Recombinant
- 6.1.4. Others
- 6.2. Market Analysis, Insights and Forecast – By Animal Type
- 6.2.1. Companion
- 6.2.1.1. Feline
- 6.2.1.2. Canine
- 6.2.1.3. Avian
- 6.2.1.4. Others
- 6.2.2. Livestock
- 6.2.2.1. Poultry
- 6.2.2.2. Porcine
- 6.2.2.3. Bovine
- 6.2.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By Route of Administration
- 6.3.1. Oral
- 6.3.2. Parenteral
- 6.3.3. Others
- 6.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.4.1. Veterinary Hospitals
- 6.4.2. Veterinary Clinics
- 6.4.3. Pharmacies & Drug Stores
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
- 7. Europe Veterinary Vaccines Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast – By Product
- 7.1.1. Inactivated
- 7.1.2. Live Attenuated
- 7.1.3. Recombinant
- 7.1.4. Others
- 7.2. Market Analysis, Insights and Forecast – By Animal Type
- 7.2.1. Companion
- 7.2.1.1. Feline
- 7.2.1.2. Canine
- 7.2.1.3. Avian
- 7.2.1.4. Others
- 7.2.2. Livestock
- 7.2.2.1. Poultry
- 7.2.2.2. Porcine
- 7.2.2.3. Bovine
- 7.2.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By Route of Administration
- 7.3.1. Oral
- 7.3.2. Parenteral
- 7.3.3. Others
- 7.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.4.1. Veterinary Hospitals
- 7.4.2. Veterinary Clinics
- 7.4.3. Pharmacies & Drug Stores
- 7.4.4. Others
- 7.5. Market Analysis, Insights and Forecast – By Country/ Sub-Region
- 7.5.1. Germany
- 7.5.2. U.K.
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Scandinavia
- 7.5.7. Rest of Europe
- 8. Asia Pacific Veterinary Vaccines Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast – By Product
- 8.1.1. Inactivated
- 8.1.2. Live Attenuated
- 8.1.3. Recombinant
- 8.1.4. Others
- 8.2. Market Analysis, Insights and Forecast – By Animal Type
- 8.2.1. Companion
- 8.2.1.1. Feline
- 8.2.1.2. Canine
- 8.2.1.3. Avian
- 8.2.1.4. Others
- 8.2.2. Livestock
- 8.2.2.1. Poultry
- 8.2.2.2. Porcine
- 8.2.2.3. Bovine
- 8.2.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By Route of Administration
- 8.3.1. Oral
- 8.3.2. Parenteral
- 8.3.3. Others
- 8.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.4.1. Veterinary Hospitals
- 8.4.2. Veterinary Clinics
- 8.4.3. Pharmacies & Drug Stores
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country/ Sub-Region
- 8.5.1. China
- 8.5.2. Japan
- 8.5.3. India
- 8.5.4. Australia
- 8.5.5. Southeast Asia
- 8.5.6. Rest of Asia Pacific
- 9. Latin America Veterinary Vaccines Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast – By Product
- 9.1.1. Inactivated
- 9.1.2. Live Attenuated
- 9.1.3. Recombinant
- 9.1.4. Others
- 9.2. Market Analysis, Insights and Forecast – By Animal Type
- 9.2.1. Companion
- 9.2.1.1. Feline
- 9.2.1.2. Canine
- 9.2.1.3. Avian
- 9.2.1.4. Others
- 9.2.2. Livestock
- 9.2.2.1. Poultry
- 9.2.2.2. Porcine
- 9.2.2.3. Bovine
- 9.2.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By Route of Administration
- 9.3.1. Oral
- 9.3.2. Parenteral
- 9.3.3. Others
- 9.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.4.1. Veterinary Hospitals
- 9.4.2. Veterinary Clinics
- 9.4.3. Pharmacies & Drug Stores
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country/ Sub-Region
- 9.5.1. Brazil
- 9.5.2. Mexico
- 9.5.3. Rest of Latin America
- 10. Middle East & Africa Veterinary Vaccines Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Market Analysis, Insights and Forecast – By Product
- 10.1.1. Inactivated
- 10.1.2. Live Attenuated
- 10.1.3. Recombinant
- 10.1.4. Others
- 10.2. Market Analysis, Insights and Forecast – By Animal Type
- 10.2.1. Companion
- 10.2.1.1. Feline
- 10.2.1.2. Canine
- 10.2.1.3. Avian
- 10.2.1.4. Others
- 10.2.2. Livestock
- 10.2.2.1. Poultry
- 10.2.2.2. Porcine
- 10.2.2.3. Bovine
- 10.2.2.4. Others
- 10.3. Market Analysis, Insights and Forecast – By Route of Administration
- 10.3.1. Oral
- 10.3.2. Parenteral
- 10.3.3. Others
- 10.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 10.4.1. Veterinary Hospitals
- 10.4.2. Veterinary Clinics
- 10.4.3. Pharmacies & Drug Stores
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country/ Sub-Region
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis (2024)
- 11.2. Company Profiles
- 11.2.1. Elanco
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Strategies
- 11.2.1.6. Financials (Based on Availability)
- 11.2.2. HIPRA
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Strategies
- 11.2.2.6. Financials (Based on Availability)
- 11.2.3. Boehringer Ingelheim International GmbH
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Strategies
- 11.2.3.6. Financials (Based on Availability)
- 11.2.4. Virbac
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Strategies
- 11.2.4.6. Financials (Based on Availability)
- 11.2.5. Merck Animal Health
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Strategies
- 11.2.5.6. Financials (Based on Availability)
- 11.2.6. Zoetis Services LLC
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Strategies
- 11.2.6.6. Financials (Based on Availability)
- 11.2.7. Ceva
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Strategies
- 11.2.7.6. Financials (Based on Availability)
- 11.2.8. NEOGEN CORPORATION
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Strategies
- 11.2.8.6. Financials (Based on Availability)
- 11.2.9. Hester Biosciences Limited
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Strategies
- 11.2.9.6. Financials (Based on Availability)
Pricing
Currency Rates
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