Europe Animal Health Market: Growth and Trends
The Europe animal health market is on a significant upward trajectory, projected to hit a value of US$ 37,605.1 million by 2027. This marks a substantial increase from US$ 24,271.1 million in 2018, reflecting a compound annual growth rate (CAGR) of 6.5% between 2019 and 2027.
Several key factors are fueling this expansion, including proactive initiatives from governments and animal welfare organizations. However, the market faces a challenge from the presence of falsified products, which could hinder its growth.
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Key Market Segments and Drivers
In terms of product categories, the prescription segment was the dominant force in the Europe animal health market in 2018, holding the largest share. Looking ahead to 2027, the production animal segment is anticipated to hold the largest market share by animal type, highlighting a growing focus on the health of livestock.
Understanding the Market: Key Insights for Stakeholders
This market overview is based on insights from major primary and secondary sources, including the Centers for Disease Control and Prevention (CDC), the European Pet Food Industry Federation (FEDIAF), and the Veterinary Public Health Program (VPH).
For businesses and investors, understanding these dynamics is crucial. This information can help you:
- Identify profitable market segments within the animal health landscape.
- Stay competitive by recognizing the evolving market environment.
- Strategically plan mergers, acquisitions, and partnerships in segments with strong sales potential.
- Make informed business decisions based on a comprehensive analysis of market performance across various segments.
- Access market revenue forecasts for different segments in Europe from 2018 to 2027.
Market Introduction
Controlling animal health by preventing animal disease epidemic and monitoring animal food supplies is vital to the any economy and safety of the any country’s food supply. Breeding of healthy livestock guarantees a safe supply of food and keep selling prices stable. Animal disease epidemic costs the country millions of dollars owing to livestock trade halts, animal slaughters and subsequent disease elimination efforts. For example, in November 2017, Porcine reproductive and respiratory syndrome virus (PRRSV), causes stillborn piglets which costs U.S. farmers an annual $600 million. Animal diseases with human health connection can adversely affect public health, international trade, and the stability of the agricultural sector. Disease free and healthy animals likely to result in safer food supplies, higher farm productivity, reduced environmental impacts, reduced use of antibiotics.
Strategic insights for the Europe Animal Health industry offer a data-driven understanding of the market. This includes analyzing current trends, identifying key players, and recognizing regional nuances. These insights provide actionable recommendations that help businesses stand out from competitors.
By leveraging data analytics, these insights allow stakeholders—like investors, manufacturers, and other industry players—to anticipate market shifts. A future-oriented perspective is crucial for long-term success in this dynamic region. Ultimately, effective strategic insights empower informed decision-making, driving profitability and helping businesses achieve their objectives in the European animal health market.
Market leaders and key company profiles
ď‚·Â Boehringer Ingelheim International GmbH
 Ceva Santé Animale
ď‚·Â Bayer AG
ď‚·Â Vetoquinol SA
ď‚·Â Nutreco N.V.
Regional Insights – Europe Animal Health Market
The geographic scope of the Europe animal health market encompasses a wide array of countries, each with unique dynamics that influence business performance. Gaining an in-depth understanding of regional variations—such as differences in veterinary care standards, animal ownership patterns, economic conditions, and local regulatory frameworks—is essential for tailoring effective market strategies.
For instance, Western European nations often have stringent animal welfare regulations and a high demand for advanced veterinary pharmaceuticals, while Eastern European markets may present untapped opportunities due to growing pet ownership and increasing livestock production. Recognizing these distinctions enables businesses to localize offerings, optimize resource allocation, and implement targeted marketing approaches.
Identifying underserved regions and aligning product portfolios with local preferences—whether in pet health, livestock disease prevention, or veterinary diagnostics—can drive meaningful market penetration. Ultimately, a region-specific focus not only strengthens competitive positioning but also fuels sustainable growth across Europe’s diverse animal health landscape.
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights