Syndicated Research Studies

Global Animal Health Market Overview The global animal health market was valued at USD 62.89 billion in 2024 and is projected to reach USD 112.33 billion by 2030, growing at a CAGR of 10.46% from 2025 to 2030. Market growth is primarily driven by increasing animal health expenditure, the integration of Artificial Intelligence (AI) into veterinary medicine, evolving regulatory frameworks, the rising prevalence of animal diseases, growing concerns about zoonotic infections, rising pet humanization, increasing adoption of pet insurance, and ongoing initiatives by major companies. Among these factors, the most influential driver is the integration of AI technologies across various aspects of animal healthcare. In January 2025, Absci and Invetech announced a strategic partnership to utilize Absci’s generative AI drug creation platform, known as Half-Life Extension (HLE) , for developing new veterinary medicines. This collaboration focuses on accelerating the discovery of innovative ...

Animal Health Industry Overview The global animal health market size was valued at USD 39.9 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 10.0% from 2022 to 2030. The market is largely driven by a significant rise in demand for protein food and an increase in the incidence of zoonotic and food-borne diseases globally. This unprecedented rise in disease prevalence has triggered companies to produce advanced vaccines and pharmaceuticals. The high demand has also resulted in a subsequent increase in the number of companies undertaking consistent efforts to control pathogen contamination risks and food-borne diseases, which is contributing to market growth. In addition, the rising number of government initiatives to promote animal health products is presumed to drive the overall market. Gather more insights about the market drivers, restrains and growth of the Global Animal Health Market In spite of disruption due to the COVID-19 pandemic, the ani...