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Global Companion Animal Health Market Research Report 2025
Published Date: September 2025
|
Report Code: QYRE-Auto-14S6150
Home | Market Reports | Pets & Animals| Animal Products & Services| Veterinarians
Global Companion Animal Health Market Insights Forecast to 2028
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Global Companion Animal Health Market Research Report 2025

Code: QYRE-Auto-14S6150
Report
September 2025
Pages:66
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Companion Animal Health Market Size

The global market for Companion Animal Health was valued at US$ 14840 million in the year 2024 and is projected to reach a revised size of US$ 18770 million by 2031, growing at a CAGR of 3.5% during the forecast period.

Companion Animal Health Market

Companion Animal Health Market

A companion animal is an animal kept primarily for a person"s company, protection, or entertainment rather than as a working animal, livestock or laboratory animal.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 229%.
This report aims to provide a comprehensive presentation of the global market for Companion Animal Health, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Companion Animal Health.
The Companion Animal Health market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Companion Animal Health market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Companion Animal Health companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Companion Animal Health Market Report

Report Metric Details
Report Name Companion Animal Health Market
Accounted market size in year US$ 14840 million
Forecasted market size in 2031 US$ 18770 million
CAGR 3.5%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • Dogs
  • Equine
  • Cats
  • Others
Segment by Application
  • Point-of-care Testing/In-house Testing
  • Hospitals & Clinics
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Zoetis, Nutreco, Merck, Elanco, Bayer
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Companion Animal Health company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Companion Animal Health Market growing?

Ans: The Companion Animal Health Market witnessing a CAGR of 3.5% during the forecast period 2025-2031.

What is the Companion Animal Health Market size in 2031?

Ans: The Companion Animal Health Market size in 2031 will be US$ 18770 million.

Who are the main players in the Companion Animal Health Market report?

Ans: The main players in the Companion Animal Health Market are Zoetis, Nutreco, Merck, Elanco, Bayer

What are the Application segmentation covered in the Companion Animal Health Market report?

Ans: The Applications covered in the Companion Animal Health Market report are Point-of-care Testing/In-house Testing, Hospitals & Clinics, Others

What are the Type segmentation covered in the Companion Animal Health Market report?

Ans: The Types covered in the Companion Animal Health Market report are Dogs, Equine, Cats, Others

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Companion Animal Health Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Dogs
1.2.3 Equine
1.2.4 Cats
1.2.5 Others
1.3 Market by Application
1.3.1 Global Companion Animal Health Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Point-of-care Testing/In-house Testing
1.3.3 Hospitals & Clinics
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Companion Animal Health Market Perspective (2020-2031)
2.2 Global Companion Animal Health Growth Trends by Region
2.2.1 Global Companion Animal Health Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Companion Animal Health Historic Market Size by Region (2020-2025)
2.2.3 Companion Animal Health Forecasted Market Size by Region (2026-2031)
2.3 Companion Animal Health Market Dynamics
2.3.1 Companion Animal Health Industry Trends
2.3.2 Companion Animal Health Market Drivers
2.3.3 Companion Animal Health Market Challenges
2.3.4 Companion Animal Health Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Companion Animal Health Players by Revenue
3.1.1 Global Top Companion Animal Health Players by Revenue (2020-2025)
3.1.2 Global Companion Animal Health Revenue Market Share by Players (2020-2025)
3.2 Global Companion Animal Health Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Companion Animal Health Revenue
3.4 Global Companion Animal Health Market Concentration Ratio
3.4.1 Global Companion Animal Health Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Companion Animal Health Revenue in 2024
3.5 Global Key Players of Companion Animal Health Head office and Area Served
3.6 Global Key Players of Companion Animal Health, Product and Application
3.7 Global Key Players of Companion Animal Health, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Companion Animal Health Breakdown Data by Type
4.1 Global Companion Animal Health Historic Market Size by Type (2020-2025)
4.2 Global Companion Animal Health Forecasted Market Size by Type (2026-2031)
5 Companion Animal Health Breakdown Data by Application
5.1 Global Companion Animal Health Historic Market Size by Application (2020-2025)
5.2 Global Companion Animal Health Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Companion Animal Health Market Size (2020-2031)
6.2 North America Companion Animal Health Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Companion Animal Health Market Size by Country (2020-2025)
6.4 North America Companion Animal Health Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Companion Animal Health Market Size (2020-2031)
7.2 Europe Companion Animal Health Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Companion Animal Health Market Size by Country (2020-2025)
7.4 Europe Companion Animal Health Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Companion Animal Health Market Size (2020-2031)
8.2 Asia-Pacific Companion Animal Health Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Companion Animal Health Market Size by Region (2020-2025)
8.4 Asia-Pacific Companion Animal Health Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Companion Animal Health Market Size (2020-2031)
9.2 Latin America Companion Animal Health Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Companion Animal Health Market Size by Country (2020-2025)
9.4 Latin America Companion Animal Health Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Companion Animal Health Market Size (2020-2031)
10.2 Middle East & Africa Companion Animal Health Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Companion Animal Health Market Size by Country (2020-2025)
10.4 Middle East & Africa Companion Animal Health Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Zoetis
11.1.1 Zoetis Company Details
11.1.2 Zoetis Business Overview
11.1.3 Zoetis Companion Animal Health Introduction
11.1.4 Zoetis Revenue in Companion Animal Health Business (2020-2025)
11.1.5 Zoetis Recent Development
11.2 Nutreco
11.2.1 Nutreco Company Details
11.2.2 Nutreco Business Overview
11.2.3 Nutreco Companion Animal Health Introduction
11.2.4 Nutreco Revenue in Companion Animal Health Business (2020-2025)
11.2.5 Nutreco Recent Development
11.3 Merck
11.3.1 Merck Company Details
11.3.2 Merck Business Overview
11.3.3 Merck Companion Animal Health Introduction
11.3.4 Merck Revenue in Companion Animal Health Business (2020-2025)
11.3.5 Merck Recent Development
11.4 Elanco
11.4.1 Elanco Company Details
11.4.2 Elanco Business Overview
11.4.3 Elanco Companion Animal Health Introduction
11.4.4 Elanco Revenue in Companion Animal Health Business (2020-2025)
11.4.5 Elanco Recent Development
11.5 Bayer
11.5.1 Bayer Company Details
11.5.2 Bayer Business Overview
11.5.3 Bayer Companion Animal Health Introduction
11.5.4 Bayer Revenue in Companion Animal Health Business (2020-2025)
11.5.5 Bayer Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
 Table 1. Global Companion Animal Health Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Dogs
 Table 3. Key Players of Equine
 Table 4. Key Players of Cats
 Table 5. Key Players of Others
 Table 6. Global Companion Animal Health Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 7. Global Companion Animal Health Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 8. Global Companion Animal Health Market Size by Region (2020-2025) & (US$ Million)
 Table 9. Global Companion Animal Health Market Share by Region (2020-2025)
 Table 10. Global Companion Animal Health Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 11. Global Companion Animal Health Market Share by Region (2026-2031)
 Table 12. Companion Animal Health Market Trends
 Table 13. Companion Animal Health Market Drivers
 Table 14. Companion Animal Health Market Challenges
 Table 15. Companion Animal Health Market Restraints
 Table 16. Global Companion Animal Health Revenue by Players (2020-2025) & (US$ Million)
 Table 17. Global Companion Animal Health Market Share by Players (2020-2025)
 Table 18. Global Top Companion Animal Health Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Companion Animal Health as of 2024)
 Table 19. Ranking of Global Top Companion Animal Health Companies by Revenue (US$ Million) in 2024
 Table 20. Global 5 Largest Players Market Share by Companion Animal Health Revenue (CR5 and HHI) & (2020-2025)
 Table 21. Global Key Players of Companion Animal Health, Headquarters and Area Served
 Table 22. Global Key Players of Companion Animal Health, Product and Application
 Table 23. Global Key Players of Companion Animal Health, Date of Enter into This Industry
 Table 24. Mergers & Acquisitions, Expansion Plans
 Table 25. Global Companion Animal Health Market Size by Type (2020-2025) & (US$ Million)
 Table 26. Global Companion Animal Health Revenue Market Share by Type (2020-2025)
 Table 27. Global Companion Animal Health Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 28. Global Companion Animal Health Revenue Market Share by Type (2026-2031)
 Table 29. Global Companion Animal Health Market Size by Application (2020-2025) & (US$ Million)
 Table 30. Global Companion Animal Health Revenue Market Share by Application (2020-2025)
 Table 31. Global Companion Animal Health Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 32. Global Companion Animal Health Revenue Market Share by Application (2026-2031)
 Table 33. North America Companion Animal Health Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 34. North America Companion Animal Health Market Size by Country (2020-2025) & (US$ Million)
 Table 35. North America Companion Animal Health Market Size by Country (2026-2031) & (US$ Million)
 Table 36. Europe Companion Animal Health Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 37. Europe Companion Animal Health Market Size by Country (2020-2025) & (US$ Million)
 Table 38. Europe Companion Animal Health Market Size by Country (2026-2031) & (US$ Million)
 Table 39. Asia-Pacific Companion Animal Health Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 40. Asia-Pacific Companion Animal Health Market Size by Region (2020-2025) & (US$ Million)
 Table 41. Asia-Pacific Companion Animal Health Market Size by Region (2026-2031) & (US$ Million)
 Table 42. Latin America Companion Animal Health Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 43. Latin America Companion Animal Health Market Size by Country (2020-2025) & (US$ Million)
 Table 44. Latin America Companion Animal Health Market Size by Country (2026-2031) & (US$ Million)
 Table 45. Middle East & Africa Companion Animal Health Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 46. Middle East & Africa Companion Animal Health Market Size by Country (2020-2025) & (US$ Million)
 Table 47. Middle East & Africa Companion Animal Health Market Size by Country (2026-2031) & (US$ Million)
 Table 48. Zoetis Company Details
 Table 49. Zoetis Business Overview
 Table 50. Zoetis Companion Animal Health Product
 Table 51. Zoetis Revenue in Companion Animal Health Business (2020-2025) & (US$ Million)
 Table 52. Zoetis Recent Development
 Table 53. Nutreco Company Details
 Table 54. Nutreco Business Overview
 Table 55. Nutreco Companion Animal Health Product
 Table 56. Nutreco Revenue in Companion Animal Health Business (2020-2025) & (US$ Million)
 Table 57. Nutreco Recent Development
 Table 58. Merck Company Details
 Table 59. Merck Business Overview
 Table 60. Merck Companion Animal Health Product
 Table 61. Merck Revenue in Companion Animal Health Business (2020-2025) & (US$ Million)
 Table 62. Merck Recent Development
 Table 63. Elanco Company Details
 Table 64. Elanco Business Overview
 Table 65. Elanco Companion Animal Health Product
 Table 66. Elanco Revenue in Companion Animal Health Business (2020-2025) & (US$ Million)
 Table 67. Elanco Recent Development
 Table 68. Bayer Company Details
 Table 69. Bayer Business Overview
 Table 70. Bayer Companion Animal Health Product
 Table 71. Bayer Revenue in Companion Animal Health Business (2020-2025) & (US$ Million)
 Table 72. Bayer Recent Development
 Table 73. Research Programs/Design for This Report
 Table 74. Key Data Information from Secondary Sources
 Table 75. Key Data Information from Primary Sources
 Table 76. Authors List of This Report


List of Figures
 Figure 1. Companion Animal Health Picture
 Figure 2. Global Companion Animal Health Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Companion Animal Health Market Share by Type: 2024 VS 2031
 Figure 4. Dogs Features
 Figure 5. Equine Features
 Figure 6. Cats Features
 Figure 7. Others Features
 Figure 8. Global Companion Animal Health Market Size by Application (2020-2031) & (US$ Million)
 Figure 9. Global Companion Animal Health Market Share by Application: 2024 VS 2031
 Figure 10. Point-of-care Testing/In-house Testing Case Studies
 Figure 11. Hospitals & Clinics Case Studies
 Figure 12. Others Case Studies
 Figure 13. Companion Animal Health Report Years Considered
 Figure 14. Global Companion Animal Health Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 15. Global Companion Animal Health Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 16. Global Companion Animal Health Market Share by Region: 2024 VS 2031
 Figure 17. Global Companion Animal Health Market Share by Players in 2024
 Figure 18. Global Top Companion Animal Health Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Companion Animal Health as of 2024)
 Figure 19. The Top 10 and 5 Players Market Share by Companion Animal Health Revenue in 2024
 Figure 20. North America Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 21. North America Companion Animal Health Market Share by Country (2020-2031)
 Figure 22. United States Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 23. Canada Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 24. Europe Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. Europe Companion Animal Health Market Share by Country (2020-2031)
 Figure 26. Germany Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. France Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. U.K. Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Italy Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Russia Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Nordic Countries Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. Asia-Pacific Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Asia-Pacific Companion Animal Health Market Share by Region (2020-2031)
 Figure 34. China Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Japan Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. South Korea Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. Southeast Asia Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. India Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Australia Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Latin America Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Latin America Companion Animal Health Market Share by Country (2020-2031)
 Figure 42. Mexico Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Brazil Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Middle East & Africa Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Middle East & Africa Companion Animal Health Market Share by Country (2020-2031)
 Figure 46. Turkey Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. Saudi Arabia Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. UAE Companion Animal Health Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. Zoetis Revenue Growth Rate in Companion Animal Health Business (2020-2025)
 Figure 50. Nutreco Revenue Growth Rate in Companion Animal Health Business (2020-2025)
 Figure 51. Merck Revenue Growth Rate in Companion Animal Health Business (2020-2025)
 Figure 52. Elanco Revenue Growth Rate in Companion Animal Health Business (2020-2025)
 Figure 53. Bayer Revenue Growth Rate in Companion Animal Health Business (2020-2025)
 Figure 54. Bottom-up and Top-down Approaches for This Report
 Figure 55. Data Triangulation
 Figure 56. Key Executives Interviewed
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