Animal Health Industry Poised for Explosive Growth - Forecasts Hit $112.33B by 2030 - Grand View Research
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The growing rate of pet ownership offers an opportunity in the market. For instance, 62% of UK residents own pets. In addition, the focus on pet humanization and routine check-ups increases the adoption of animal health services. The presence of wellness products, vaccines, and surgery services helps in treating them well.
However, a major restraint in the animal-health market is the threat of product substitutes. At-home testing kits and point-of-care diagnostics tools offer an alternative to conventional veterinary diagnostic procedures. Such alternatives are becoming common as they offer convenience to pet owners.
Animal Health Market Report Highlights:
Read full market research report on Animal Health Market with TOC - Animal Health Market Size, Share & Trends Analysis Report By Product (Biologics, Pharmaceuticals), By Animal Type (Companion, Production), By Distribution Channel, By End-use, By Region, And Segment Forecasts, 2025 - 2030
Animal Health Market Segmentation
Grand View Research has segmented the global animal health market on the basis of product, animal type, distribution channel, end use, and region:
Animal Health Market - Animal Type Outlook (Revenue, USD Million, 2018 - 2030)
Animal Health Market - Product Outlook (Revenue, USD Million, 2018 - 2030)
Animal Health Market - Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Animal Health Market - End Use Outlook (Revenue, USD Million, 2018 - 2030)
Animal Health Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)
List of Key Players in the Animal Health Market
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Browse Horizon Databook on Animal Health Market – Global Animal Health Market Size & Outlook
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