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Animal Drugs Market Share

Report ID: GMI4445
Published Date: Dec 2022
Report Format: PDF

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Animal Drugs Market Share

Some of the leading companies in the global animal drugs market include :

Elanco Animal Ceva Sante Animale
Boehringer Ingelheim International GmbH
Dechra Pharmaceuticals Ltd
Durvet, Inc
Merck & Co., Inc
Neogen Corporation, Inc
Virbac S.A
Vetoquinol SA
Zoetis, Inc

These companies are focusing on strategic collaborations, deals, and partnerships to boost innovation. For instance, in April 2022, Elanco Animal Health launched BiomEdit, a microbiome innovation firm in collaboration with Gingko Bioworks to enable the discovery, design, and launch of novel products.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for animal drugs crossed USD 35 billion in 2022 and is projected to expand at a 5.4% CAGR from 2023-2032.

Livestock animals segment accounted for more than USD 22 billion in 2022 owing to rising cases of zoonotic diseases.

North America animal drugs market is poised to exceed USD 21 billion by 2032 driven by a high pet adoption rate and growing pet care spending in the region.

Elanco Animal Health, Durvet, Inc., Merck & Co., Inc., Neogen Corporation, Inc., Virbac S.A., Vetoquinol SA, Zoetis, Inc. are some of the leading manufacturers of animal drugs worldwide.