Animal Health

Global Animal Health Market to Reach US$102.1 Billion by 2030

The global market for Animal Health estimated at US$60.9 Billion in the year 2024, is expected to reach US$102.1 Billion by 2030, growing at a CAGR of 9.0% over the analysis period 2024-2030. Production Animal, one of the segments analyzed in the report, is expected to record a 9.3% CAGR and reach US$67.6 Billion by the end of the analysis period. Growth in the Companion Animal segment is estimated at 8.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$15.6 Billion While China is Forecast to Grow at 13.5% CAGR

The Animal Health market in the U.S. is estimated at US$15.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$26.9 Billion by the year 2030 trailing a CAGR of 13.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.3% and 8.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Global Animal Health Market - Key Trends and Drivers Summarized

How Are Organic Trace Minerals Impacting Animal Health?

Organic trace minerals play a fundamental role in maintaining and improving the overall health of livestock, directly influencing various biological and physiological processes. These trace minerals, such as zinc, copper, manganese, and selenium, are bound to organic molecules like amino acids, which enhances their absorption and bioavailability compared to their inorganic counterparts. The improved bioavailability ensures that animals can better utilize these minerals for critical functions such as enzyme activation, immune response, reproduction, and growth. For example, zinc is crucial for skin health and wound healing, while selenium is vital for preventing oxidative stress, which can damage cells. Copper and manganese contribute to bone development and reproductive health. Deficiencies in any of these trace minerals can lead to severe health problems, such as poor growth, compromised immune systems, and reduced fertility, which ultimately affect livestock productivity. In modern livestock farming, the focus is shifting toward preventive health care, and organic trace minerals are increasingly seen as a natural and effective way to promote long-term health and resilience in animals.

How Does Technology Help Optimize the Use of Organic Trace Minerals for Animal Health?

Technological advancements in feed formulation and delivery have dramatically improved the efficiency and impact of organic trace minerals on animal health. Organic trace minerals, due to their superior absorption properties, are now being incorporated into livestock diets more precisely through advanced feed formulation technologies. Precision nutrition software allows for the customization of mineral supplementation based on the specific needs of the animal, its species, life stage, and production goals. Additionally, innovations in mineral chelation, where trace minerals are bound to organic carriers like amino acids or peptides, have improved the stability and effectiveness of these nutrients in animal diets. Slow-release and sustained delivery systems ensure that animals receive a steady supply of these essential minerals over time, reducing the likelihood of deficiencies and improving overall health outcomes. This not only boosts the immune system and supports better growth and reproduction but also minimizes mineral wastage and environmental impact. By optimizing the way minerals are delivered, technology has made it possible to use organic trace minerals more effectively in animal health management, ensuring that the animals can fully benefit from the nutrients they consume.

What Role Does Consumer Demand Play in Shaping Animal Health Practices?

The growing consumer demand for higher-quality, safer, and ethically produced animal products is significantly influencing the adoption of organic trace minerals in livestock feed to improve animal health. Consumers are becoming more conscious of the health and welfare of animals, especially as awareness of food safety, antibiotic resistance, and environmental sustainability increases. They now expect producers to raise animals under conditions that support not only better welfare but also healthier end products—whether it be meat, milk, or eggs. Organic trace minerals contribute to this by improving animal immunity, enhancing reproductive health, and supporting overall well-being, which reduces the need for antibiotics and synthetic growth promoters. This aligns with consumer preferences for "clean-label" products that are free from artificial additives and antibiotic residues. As more consumers demand transparency about how their food is produced, livestock producers are turning to organic trace minerals to meet these expectations, positioning them as a key part of sustainable and health-conscious farming practices. The ability to market products as being produced using more natural, bioavailable nutrients resonates with health-conscious consumers, creating a direct link between animal nutrition practices and the perceived value of the final product.

What’s Driving the Growth of Organic Trace Minerals for Animal Health?

The growth of organic trace minerals in the context of animal health is driven by several key factors, primarily the increasing focus on sustainable and natural farming practices, advancements in nutritional science, and the rising demand for antibiotic-free animal products. One of the main drivers is the growing recognition of the limitations and environmental concerns associated with inorganic minerals, which often have lower bioavailability and contribute to environmental pollution due to excessive excretion by animals. Organic trace minerals, by contrast, are more efficiently absorbed, leading to better animal health outcomes and lower environmental impact. Additionally, advancements in mineral bonding and feed technologies have made it easier to include these minerals in precise amounts in animal diets, enhancing their effectiveness. Another critical factor is the global trend toward reducing antibiotic use in livestock production, as governments and consumers push for more natural ways to maintain animal health. Organic trace minerals are seen as a key component in this shift, as they help improve immune function and disease resistance naturally, reducing the need for medical interventions. Furthermore, the rising global demand for high-quality, ethically produced animal products is encouraging producers to invest in better nutritional strategies, including the use of organic trace minerals, to meet consumer expectations for both animal welfare and food safety. These trends collectively contribute to the growing importance of organic trace minerals in promoting animal health across the livestock industry.

SCOPE OF STUDY:

The report analyzes the Animal Health market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Production Animal, Companion Animal); Product (Feed Additives, Pharmaceuticals, Vaccines, Other Products); Distribution Channel (Veterinary Hospitals & Clinics, Retail, eCommerce)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 42 Featured) -

• Bayer AG
• Boehringer Ingelheim GmbH
• Ceva Santé Animale
• Elanco
• Heska Corporation
• Merck Animal Health
• Nutreco N.V.
• Vetiquinol S.A.
• Virbac
• Zoetis

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