Global Animal Health Market (Feed Additives, Pharmaceuticals & Vaccines): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Global Animal Health Market (Feed Additives, Pharmaceuticals & Vaccines): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

The global animal health market is expected to record a value of US$57.26 billion in 2026, growing at a CAGR of 6.30% for the period spanning 2022-2026. The factors such as growing middle class population, rising cattle/cow population, surge in demand for animal protein, rising U.S. expenditure on pets and growing urbanization would drive the growth of the market. However, the market growth is predicted to be hindered by increasing competitive landscape and rising cost of product development, along with the stringent regulatory approval of veterinary drugs. A few notable trends may include upsurge in meat consumption, increasing companion animal ownership, rising incidences of zoonotic diseases and technological advancements.

Based on product type, the global animal health market can be segmented into feed additives, pharmaceuticals and vaccines. Feed additives segment has been dominating the global market over the past few years, followed by pharmaceuticals and vaccines. The feed additives market is expected to dominate the market in future due to the increased production of meat and dairy products.

The fastest regional market was North America due to the presence of well established healthcare infrastructure and major pharmaceutical players that continue to develop new veterinary products in the market.

Scope of the report:

  • The report provides a comprehensive analysis of the global animal health market along with the focus on feed additives, pharmaceuticals and vaccines market.
  • The major regional markets (North America, Europe, Asia Pacific and ROW), along with the country coverage of the U.S., France, the U.K., Italy, Germany, India and Brazil have been analyzed in detail.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (Merck & Co., Inc., Bayer, Eli Lilly, Boehringer Ingelheim, Zoetis Inc. and Elanco) are also presented in detail.
Key Target Audience:
  • Animal Health Companies
  • Supply Chain Partners
  • End Users (Businesses/ Consumers)
  • Consulting Firms
  • Investment Banks
  • Government Bodies & Regulating Authorities


1. Overview
1.1 Animal Health
Table 1: Animal Health Industry by Animal Type
1.2 Animal Health Products
Table 2: Animal Health Market by Product Segments
Table 3: Common Animal Vaccines
1.3 Value Chain Analysis
Table 4: Animal Health Market Value Chain Analysis
2. COVID-19 Impact
2.1 Decline in Meat Production
Table 5: Global Meat Production (2019-2020)
2.2 Fall in Pet Adoption Rate
Table 6: The U.S. Pet Adoption Rate (2020)
2.3 Impact on Consumers’ Eating Habits
3. Global Animal Health Market
3.1 Global Animal Health Market by Value
Table 7: Global Animal Health Market by Value (2017-2021)
3.2 Global Animal Health Market Forecast by Value
Table 8: Global Animal Health Market Forecast by Value (2022-2026S)
3.3 Global Animal Health Market by Product
Table 9: Global Animal Health Market by Product (2021)
3.3.1 Global Feed Additives Market by Value
Table 10: Global Animal Feed Additives Market by Value (2017-2021)
3.3.2 Global Feed Additives Market Forecast by Value
Table 11: Global Feed Additives Market Forecast by Value (2022-2026)
3.3.3 Global Animal Pharmaceuticals Market by Value
Table 12: Global Animal Pharmaceuticals Market by Value (2017-2021)
3.3.4 Global Animal Pharmaceuticals Market Forecast by Value
Table 13: Global Animal Pharmaceuticals Market Forecast by Value (2022-2026)
3.3.5 Global Animal Vaccines Market by Value
Table 14: Global Animal Vaccines Market by Value (2017-2021)
3.3.6 Global Animal Vaccines Market Forecast by Value
Table 15: Global Animal Vaccines Market Forecast by Value (2022-2026)
3.4 Global Animal Health Market by Animal Type
Table 16: Global Animal Health Market by Animal Type (2021)
3.4.1 Global Production Animal Health Market by Value
Table 17: Global Production Animal Health Market by Value (2017-2021)
3.4.2 Global Production Animal Health Market Forecast by Value
Table 18: Global Production Animal Health Market Forecast by Value (2022-2026)
3.4.3 Global Companion Animal Health Market by Value
Table 19: Global Companion Animal Health Market by Value (2017-2021)
3.4.4 Global Companion Animal Health Market Forecast by Value
Table 20: Global Companion Animal Health Market Forecast by Value (2022-2026)
3.5 Global Animal Health Market by Region
Table 21: Global Animal Health Market by Region (2021)
4. Regional Markets
4.1 North America
4.1.1 North America Animal Health Market by Value
Table 22: North America Animal Health Market by Value (2017-2021)
4.1.2 North America Animal Health Market Forecast by Value
Table 23: North America Animal Health Market Forecast by Value (2022-2026)
4.1.3 North America Animal Health Market by Product
Table 24: North America Animal Health Market by Product (2021)
4.1.4 North America Feed Additives Market by Value
Table 25: North America Feed Additives Market by Value (2017-2021)
4.1.5 North America Feed Additives Market Forecast by Value
Table 26: North America Feed Additives Market Forecast by Value (2022-2026)
4.1.6 North America Animal Pharmaceuticals Market by Value
Table 27: North America Animal Pharmaceuticals Market by Value (2017-2021)
4.1.7 North America Animal Pharmaceuticals Market Forecast by Value
Table 28: North America Animal Pharmaceuticals Market Forecast by Value (2022-2026)
4.1.8 North America Animal Vaccines Market by Value
Table 29: North America Animal Vaccines Market by Value (2017-2021)
4.1.9 North America Animal Vaccines Market Forecast by Value
Table 30: North America Animal Vaccines Market Forecast by Value (2022-2026)
4.1.10 North America Animal Diagnostics Market by Value
Table 31: North America Animal Diagnostics Market by Value (2017-2021)
4.1.11 North America Animal Diagnostics Market Forecast by Value
Table 32: North America Animal Diagnostics Market Forecast by Value (2022-2026)
4.1.12 North America Other Products Market by Value
Table 33: North America Other Products Market by Value (2017-2021)
4.1.13 North America Other Products Market Forecast by Value
Table 34: North America Other Products Market Forecast by Value (2022-2026)
4.1.14 The US Animal Health Market by Value
Table 35: The U.S. Animal Health Market by Value (2017-2021)
4.1.15 The US Animal Health Market Forecast by Value
Table 36: The U.S. Animal Health Market Forecast by Value (2022-2026)
4.1.16 The US Animal Health Market by Product
Table 37: The U.S. Animal Health Market by Product (2021)
4.1.17 The US Animal Health Market by Species
Table 38: The US Animal Health Market by Species (2021)
4.2 Europe
4.2.1 Europe Animal Health Market by Value
Table 39: Europe Animal Health Market by Value (2017-2021)
4.2.2 Europe Animal Health Market Forecast by Value
Table 40: Europe Animal Health Market Forecast by Value (2022-2026)
4.2.3 Europe Animal Health Market by Product
Table 41: European Animal Health Market by Product (2021)
4.2.4 Europe Feed Additives Market Forecast by Value
Table 42: Europe Feed Additives Market Forecast by Value (2021-2025)
4.2.5 Europe Animal Pharmaceuticals Market Forecast by Value
Table 43: Europe Animal Pharmaceuticals Market Forecast by Value (2021-2025)
4.2.6 Europe Animal Vaccines Market Forecast by Value
Table 44: Europe Animal Vaccines Market Forecast by Value (2021-2025)
4.2.7 Europe Animal Health Market by Country
Table 45: Europe Animal Health Market by Country (2021)
4.2.8 France Animal Health Market by Value
Table 46: France Animal Health Market by Value (2017-2021)
4.2.9 France Animal Health Market Forecast by Value
Table 47: France Animal Health Market Forecast by Value (2022-2026)
4.2.10 The U.K. Animal Health Market by Value
Table 48: The U.K. Animal Health Market by Value (2017-2021)
4.2.11 The U.K. Animal Health Market Forecast by Value
Table 49: The U.K. Animal Health Market Forecast by Value (2022-2026)
4.2.12 The U.K. Animal Health Market by Products
Table 50: The U.K. Animal Health Market by Products (2021)
4.2.13 The U.K. Animal Health Market by Animal Type
Table 51: The U.K. Animal Health Market by Animal Type (2021)
4.2.14 The U.K. Animal Health Market by Legal Category
Table 52: The U.K. Animal Health Market by Legal Category (2021)
4.2.15 Italy Animal Health Market by Value
Table 53: Italy Animal Health Market by Value (2017-2021)
4.2.16 Italy Animal Health Market Forecast by Value
Table 54: Italy Animal Health Market Forecast by Value (2022-2026)
4.2.17 Germany Animal Health Market by Value
Table 55: Germany Animal Health Market by Value (2017-2021)
4.2.18 Germany Animal Health Market Forecast by Value
Table 56: Germany Animal Health Market Forecast by Value (2022-2026)
4.2.19 Spain Animal Health Market by Animal Type
Table 57: Spain Animal Health Market by Animal Type (2021)
4.2.20 Belgium Animal Health Market by Animal Type
Table 58: Belgium Animal Health Market by Animal Type (2021)
4.2.21 Netherlands Animal Health Market by Animal Type
Table 59: Netherlands Animal Health Market by Animal Type (2021)
4.3 Asia-Pacific
4.3.1 Asia-Pacific Animal Health Market by Value
Table 60: Asia-Pacific Animal Health Market by Value (2017-2021)
4.3.2 Asia-Pacific Animal Health Market Forecast by Value
Table 61: Asia-Pacific Animal Health Market Forecast by Value (2022-2026)
4.3.3 India Animal Health Market by Value
Table 62: India Animal Health Market by Value (2017-2021)
4.3.4 India Animal Health Market Forecast by Value
Table 63: India Animal Health Market Forecast by Value (2022-2026)
4.3.5 India Animal Health Market by Product
Table 64: India Animal Health Market by Product (2021)
4.4 ROW
4.4.1 ROW Animal Health Market by Value
Table 65: ROW Animal Health Market by Value (2017-2021)
4.4.2 ROW Animal Health Market Forecast by Value
Table 66: ROW Animal Health Market Forecast by Value (2022-2026)
4.4.3 Brazil Animal Health Market by Value
Table 67: Brazil Animal Health Market by Value (2017-2021)
4.4.4 Brazil Animal Health Market Forecast by Value
Table 68: Brazil Animal Health Market Forecast by Value (2022-2026)
4.4.5 Mexico Animal Health Market by Animal Type
Table 69: Mexico Animal Health Market by Animal Type (2021)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Middle Class Population
Table 70: Global Middle Class Population (2015-2030)
5.1.2 Rising Cattle/Cow Population
Table 71: Global Cattle/Cow Population (2017-2021)
5.1.3 Surge in Demand for Animal Protein
Table 72: Global Animal Protein Demand (2017-2022)
5.1.4 Rising U.S. Expenditure on Pets
Table 73: The U.S. Pet Industry Expenditure (2017-2021)
5.1.5 Growing Urbanization
Table 74: Global Urban Population (2010-2030)
5.1.6 Favorable Demographics Supporting Pet Market
Table 75: Share of Demographics Willing to Spend on Pets
5.2 Key Trends
5.2.1 Upsurge in Meat Consumption
Table 76: Global Meat Consumption (2020-2024)
5.2.2 Growth in Pet Insurance
Table 77: Global Pet Insurance Market (2020-2025)
5.2.3 Increasing Companion Animal Ownership
5.2.4 Growing Incidences of Animal-to-Human Disease
5.2.5 Technological Advancements
5.3 Challenges
5.3.1 Highly Competitive Landscape for New Entrants
5.3.2 Rising Cost of Product Development
5.3.3 Stringent Regulatory Approval Process for Drugs
6. Competitive Landscape
6.1 Global Market
6.1.1 Global Animal Health Market Share by Company
Table 78: Global Animal Health Market Share by Company (2021)
7. Company Profiles
7.1 Merck & Co., Inc.
7.1.1 Business Overview
7.2 Bayer
7.2.1 Business Overview
7.3 Eli Lilly
7.3.1 Business Overview
7.4 Boehringer Ingelheim
7.4.1 Business Overview
7.5 Zoetis Inc.
7.5.1 Business Overview
7.6 Elanco
7.6.1 Business Overview

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