Canada Animal Health Market

Canada Animal Health Market Overview:

The Canada animal health market size reached USD 779.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,119.27 Million by 2033, exhibiting a growth rate (CAGR) of 3.68% during 2025-2033. At present, households in Canada are keeping pets, especially dogs and cats, which in turn is driving the demand for veterinary care. Moreover, the ongoing innovations in veterinary medicine and technology are playing a key role in impelling the market growth. Apart from this, the growing concern over animal diseases and zoonotic threats is expanding the Canada animal health market share.

Canada Animal Health Market Trends:

Elevated Perception of Animal Diseases and Zoonotic Threats

The increased concern over animal diseases and zoonotic threats is a key driver in the Canada Animal Health market. The more zoonotic diseases are seen as emerging public health concerns, the more Canadian officials and healthcare professionals are highlighting the need to observe animal health to avoid outbreaks. The rising prevalence of diseases such as avian influenza, rabies, and Lyme disease is encouraging governments, veterinarians, and the public at large to adopt proactive steps to ensure the health of animals as well as humans. Therefore, there is an augmented need for veterinary products such as vaccines, diagnostic kits, and therapeutics to prevent the spread of these diseases. The Canadian government is also enforcing more stringent regulations and health monitoring policies, which are further promoting the embracement of veterinary services and animal health products. These are propelling market demand for efficient disease control measures, supporting a stronger animal health industry. In 2025, the Canadian Veterinary Medical Association (CVMA) examined the significance of ensuring veterinary care access for everyone and discussed methods for establishing a sustainable veterinary profession at its annual convention in Victoria, B.C. At the CVMA Summit, Access to Care, seasoned professionals shared their distinctive approaches to overcoming personal obstacles in providing access to veterinary care for everyone, which inspired attendees with ideas to integrate into their own practices and communities.

Advancements in Veterinary Medicine and Technology

The ongoing innovations in veterinary medicine and technology are playing a key role in supporting the Canada animal health market growth. New diagnostic equipment, new treatments, and better vaccines are revolutionizing animal health, allowing for quicker, more efficient disease diagnosis and treatment. Veterinarians are employing advanced technologies like telemedicine, mobile applications for monitoring, and artificial intelligence for diagnosis more and more, and these are enhancing the treatment outcomes of animals. These cutting-edge technologies are improving the effectiveness of healthcare provision, making treatment more affordable and within reach for animal owners and livestock producers alike. Moreover, the government is investing in improving the animal healthcare system in the country. For example, during the 2024 Animal Health Canada Forum, Francis Drouin, Parliamentary Secretary to the Minister of Agriculture and Agri-Food, revealed on behalf of the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, a funding of up to $13,343,409 over 5 years for Animal Health Canada (AHC) for three projects via the AgriAssurance Program–National Industry Association component, part of the Sustainable Canadian Agricultural Partnership.

Increasing Pet Ownership and Care for Companion Animals

The Canada animal health sector is experiencing rapid growth driven by the growing trend of pet parenting among the masses. More households in Canada are keeping pets, especially dogs and cats, which in turn is driving the demand for veterinary care and animal health products. As per an article by Dogster, the pet population in Canada is anticipated to reach 28.51 million in 2025. Moreover, pet parents are focusing on maintaining the health and well-being of their animals, which is driving the demand for preventive care, nutritional supplements, and specialty treatments. As part of contemporary lifestyles, pet care is increasingly becoming a mainstream concern, and the industry is growing with veterinarians recording increased consultations and adoption of new health products. Greater awareness about the advantages of frequent check-ups, vaccines, and early disease detection is encouraging pet parents to spend on high-level healthcare products, further increasing market growth. Accordingly, animal health businesses keep abreast of these changing needs by constantly innovating and offering new treatments, vaccines, and diagnostics specific to companion animals.

Canada Animal Health Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on animal type and product type.

Animal Type Insights:

• Commercial
• Companion 

The report has provided a detailed breakup and analysis of the market based on the animal type. This includes commercial and companion.

Product Type Insights:

• Pharmaceuticals
• Biologicals
• Medicinal Feed Additives
• Diagnostics

A detailed breakup and analysis of the market based on the product type have also been provided in the report. This includes pharmaceuticals, biologicals, medicinal feed additives, and diagnostics.

Regional Insights:

• Ontario
• Quebec
• Alberta
• British Columbia
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Ontario, Quebec, Alberta, British Columbia, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Canada Animal Health Market Report Coverage:

Key Questions Answered in This Report:

• How has the Canada animal health market performed so far and how will it perform in the coming years?
• What is the breakup of the Canada animal health market on the basis of animal type?
• What is the breakup of the Canada animal health market on the basis of product type?
• What is the breakup of the Canada animal health market on the basis of region?
• What are the various stages in the value chain of the Canada animal health market? 
• What are the key driving factors and challenges in the Canada animal health market?
• What is the structure of the Canada animal health market and who are the key players?
• What is the degree of competition in the Canada animal health market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Canada animal health market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Canada animal health market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Canada animal health industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.