Top Players in the Companion Animal Health Market

Healthcare

Top Players in the Companion Animal Health Market

The global companion animal health market size reached US$ 25.4 Billion in 2023. As per the analysis by IMARC Group, the top companion animal health companies are developing and marketing innovative pet health products that address the needs of pet owners in areas, such as nutrition, grooming, dental care, flea and tick prevention, and overall wellness. These products could include pet-specific supplements, food, grooming tools, and preventive care products, which are impacting the market. Apart from this, numerous leading players are heavily investing in the development of modern applications that allow pet owners to track their pet’s health and well-being, which is impacting the market for companion animal health companies.

Moreover, the widespread adoption of these applications among pet owners to track pet’s vaccinations, check-ups, and medication refills is acting as growth-inducing factors. Along with this, top companies in companion animal health are also offering insurance plans that cover the costs of medical care, surgeries, emergency treatments, medications, and more, which helps pet owners manage their pet’s medical expenses is a major driving factor. Furthermore, several key players are offering pet nutrition services to create healthy meal plans for their pets, including customized meal plans, and food recommendations in order to gain a competitive edge, is positively favoring the market. On account of these factors, the market is expected to reach US$ 50.5 Billion by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032.

Learn about opportunities, challenges, and trends in the global Companion Animal Health industry with IMARC’s market research report. Try a free sample today!

Top Companies Operating in the Global Companion Animal Health Market


1. Agrolabo S.p.A.

Establishment: 1975
Headquarter: Scarmagno, Italy
Website: http://www.agrolabo.it

Agrolabo S.p.A. specializes in the manufacturing and distribution of nutritional products for livestock animals, as well as diagnostic and therapeutic products for companion animals. This organization of veterinary professionals holds a large market share in the Italian zootechnical market, making it the leading brand in Italy for producing high-quality feed supplements for production animals that are distributed worldwide. The company aims to provide a vast portfolio of highly technological diagnostic test kits for the detection of infectious diseases in companion and livestock animals. In addition, it is highly experienced in the veterinary dermatology field and is dedicated to producing highly technological and innovative products. Its feed supplements for livestock animals are created following the most recent indications for the modern development of breeding farms while taking into account animal well-being and the quality of meat, milk, and derivatives. Moreover, its entire range of diagnostic products is developed with the most up-to-date technologies, such as microcapillary and genomic to respond to the growing demand for specialized veterinary care for companion animals.

2. Boehringer Ingelheim

Establishment: 1885
Headquarter: Rhein, Germany
Website: http://www.boehringer-ingelheim.com

Boehringer Ingelheim is a leader in the development and distribution of innovative medicines, vaccines, biopharmaceuticals, animal health products, and consumer healthcare products. The company’s main focus is helping veterinarians and pet owners to keep their beloved pets healthy and happy. The company offers a wide range of products and services to meet the needs of its customers and to help them provide the best possible care for their pets. It has a number of products designed to meet the needs of pet owners, including vaccines, anti-parasitics, nutritionals, and other products. Its products are developed with the latest scientific research method and are intended to meet the specific needs of each pet. It is also committed to provide high-quality customer service and help pet owners make informed decisions about their pet’s health. Moreover, it also offers a range of services, such as veterinary consulting and pet health education, as well as providing access to pet health records and veterinary medical guidance.

3. Ceva Santé Animale

Establishment: 1999
Headquarter: Libourne, France
Website: https://www.ceva.com

Ceva Santé Animale is a global animal health company dedicated to the health and well-being of companion and food producing animals. The company has grown to become a leader in the industry with its innovative products, services, and solutions. It is a research-driven, technology-based company that is committed to developing innovative products to improve the health and welfare of animals. It has a portfolio of veterinary pharmaceuticals, vaccines, nutrition products, and other animal health products. Additionally, it also provides animal health services, such as diagnostics, genetic testing, and veterinary consulting. It has a team of experienced professionals in research and development (R&D), production, marketing, sales, and customer service and has a wide network of veterinarians and animal health professionals to help its customers. Moreover, it is involved in various initiatives to promote animal welfare and has a policy of sustainability and is committed to reducing its environmental footprint.

4. Dechra Pharmaceuticals PLC

Establishment: 1997
Headquarter: Northwich, United Kingdom
Website: http://www.dechra.com

Dechra Pharmaceuticals PLC is a leading international specialist in the veterinary pharmaceuticals and related products industry. It is primarily involved in the development, manufacturing, and sales of high-quality products and offers exclusive veterinary services and products to customers worldwide. It is driven by the purpose of providing sustainable improvement to local animal health and welfare. It has established sales and marketing organizations in numerous countries and its products are marketed in additional countries worldwide through the use of distributors and marketing partners. With its focus on understanding the challenges veterinarians face, it provides support and information to help animals, which includes accessible science that allows vets to better communicate with owners and farmers. Its business model is built around understanding the needs of the customers and providing evidence-based treatments and knowledge on rare diseases.

5. Elanco Animal Health Incorporated

Establishment: 1954
Headquarter: Indiana, United States
Website: http://www.elanco.com

Elanco Animal Health Incorporated works to improve the health of animals all around the world. As a global animal health company, it provides numerous solutions that give customers the opportunity to promote a vision of food and companionship enriching life. It has dedicated itself to furnishing veterinarians, farmers, and all those who care for animals with the required materials to help animals lead healthy lives. Healthier animals are essential to making life better - this is the fundamental belief that unites all Elanco employees. Therefore, it is devoted to the notion that its business can be a force for good in society. Through its healthy purpose framework of environmental, social, and governance (ESG) commitments, it focuses on giving sustainable solutions to advance the welfare of animals and the planet. This program also allows its employees globally to take paid time off to make a difference as a volunteer, giving time or skill to help its customers, causes, and communities.

6. IDEXX Laboratories Inc.

Establishment: 1983
Headquarter: Maine, United States
Website: http://www.idexx.com

IDEXX Laboratories Inc. is an American multinational corporation that specializes in the development, manufacturing, and distribution of medical diagnostic products and services for the veterinary, livestock, and water testing markets. The company has grown to become a global leader in the field of veterinary diagnostic products, serving millions of animals and their owners around the world. It offers a comprehensive and innovative portfolio of products and services, which includes diagnostic tests for canine, feline, and equine health, as well as products for livestock and water testing. In addition to this, it also provides a variety of services, such as veterinary consulting, laboratory services, and veterinary education. Additionally, it has a strong commitment to research and development and collaborates with leading universities, research institutions, and other organizations to develop new technologies, products, and services. The company’s investments in research and development have enabled it to remain on the cutting edge of the industry, and have allowed it to develop and offer products and services that are uniquely tailored to the needs of veterinarians and pet owners.

7. Indian Immunologicals Limited (National Dairy Development Board)

Establishment: 1982
Headquarter: Telangana, India
Website: https://www.indimmune.com

Indian Immunologicals Limited (IIL) is a leading biologics manufacturer in India and one of the largest vaccine producers in the world. The company is a part of the National Dairy Development Board (NDDB). It manufactures, markets, and distributes a wide range of animal vaccines, biologics and diagnostic products including small animal, large animal, and aqua products. It has a strong presence in the Indian market with sales offices in all the major cities and numerous distributors across India. Its major product categories include vaccines, diagnostic kits, and biologics for animal health and veterinary use. Some of the popular vaccines manufactured by IIL include foot and mouth disease vaccine, brucellosis vaccine, anthrax vaccine, sheep & goat ectoparasiticides, swine ectoparasiticides, avian pox vaccine, and rabies vaccine. In addition, it also produces a range of diagnostic kits for the detection of various infectious diseases. It also has an extensive research and development wing that helps the company to remain at the forefront of the animal biologics industry. The R&D team at IIL is constantly working on new vaccines and novel biologics that can help to improve animal health and productivity. The company also has collaborations with various universities and research institutes in India and abroad for the development of new products.

8. Merck & Co. Inc.

Establishment: 1891
Headquarter: New Jersey, United States
Website: http://merck.us/2J2xAUh

Merck & Co. Inc. is a leading global biopharmaceutical company that is focused on discovering, developing, and manufacturing innovative medications to help animals live longer, healthier and more productive lives. The company is also a leader in the companion health sector, which focuses on the health and well-being of companion animals. It produces a range of products to improve the health of companion animals, including vaccines, medications, diagnostics, and nutrition products. It is dedicated to providing high-quality and safe products that are designed to meet the needs of veterinarians and pet owners. Its vaccines for companion animals include products to protect against a range of diseases, such as canine parvovirus, canine distemper, rabies, and feline upper respiratory infections. Additionally, it produces a range of medications to treat a range of conditions, including flea and tick infestations, heartworm disease, arthritis, and skin infections. It delivers a range of nutrition products intended to help maintain the health of companion animals, including dental chews, supplements, and therapeutic diets. In addition to its products, Merck is committed to providing resources and support to veterinarians and pet owners by providing educational resources on pet health topics.

9. Norbrook Laboratories

Establishment: 1969
Headquarter: Newry, United Kingdom
Website: http://www.norbrook.com

Norbrook Laboratories is a leading global pharmaceutical company and is a leader in animal health innovation. Its mission is to develop and manufacture safe, effective, and affordable veterinary medicines and nutritional supplements that improve the health, productivity, and quality of life of animals. To achieve this, it focuses on research and development, manufacturing, and marketing of veterinary pharmaceuticals and nutritional supplements. Its products are marketed in numerous countries worldwide and are distributed through partnerships with leading veterinary distributors. Additionally, it has a strong commitment to animal health research and development and also has invested in a state-of-the-art research and development facility, which is equipped with the latest diagnostic technology, automated systems, and analytical instrumentation. It works in collaboration with leading universities, research institutions, and industry groups to develop innovative products and to advance the understanding of animal health. Its product portfolio includes a wide range of products to meet the needs of both companion animals and livestock. These products include antibiotics, anti-inflammatories, antiparasitics, pain relief products, anesthetics, vaccines, nutritionals, and much more. It also provides a comprehensive range of services and support to its customers, including technical advice, product training, and veterinary support.

10. Vetoquinol SA

Establishment: 1933
Headquarter: Lure, France
Website: http://www.vetoquinol.com

Vetoquinol SA is a French veterinary pharmaceutical company that specializes in providing pet healthcare products. The company has grown to become one of the leading pet healthcare companies in the world. It produces a wide range of pet healthcare products, including medications, nutritional supplements, vaccines, and diagnostic kits. It also offers a variety of pet health services, such as training and education programs, veterinary consultations, and medical advice. Additionally, it provides pet owners with animal nutrition advice, pet health care tips, and information about caring for their pets. It is committed to providing quality, safe, and effective pet healthcare products. All of its products are created with the highest standards of safety and efficacy. It strives to create products that provide pet owners with the best possible outcomes for their pets’ health. Moreover, it has a long history of innovation and has developed many new products to help improve the health of pets. It is always seeking new ways to improve its products and services and is dedicated to providing pet owners with the best possible pet healthcare solutions.

11. Virbac

Establishment: 1968
Headquarter: Carros, France
Website: https://corporate.virbac.com/home.html

Virbac is an international pharmaceutical company that specializes in animal health products. It is now a global leader in animal health, with a presence in numerous countries. It is dedicated to providing innovative and high-quality products to the animal health industry, and its mission is to improve animal health and welfare around the world. Additionally, it offers a wide range of products and services for all types of animals, including companion animals, horses, livestock, and poultry. Its product line includes vaccines, anti-parasitics, nutrition, hygiene, and medical products. Virbac is committed to researching, developing, and manufacturing products that are of the highest quality and safety standards. It works closely with veterinarians and other animal health professionals to ensure that the products meet the needs of the customers. It also has a strong commitment to sustainability and strives to be a responsible partner in the animal health industry. Moreover, it has established a network of research and development centers around the world and invests heavily in research and development to develop new products and technologies to improve animal health.

12. Zoetis Inc.

Establishment: 1952
Headquarter: New Jersey, United States
Website: http://www.zoetis.com

Zoetis Inc. is a global animal health and wellness company that provides products and services for the prevention, diagnosis, and treatment of animal diseases and conditions. It is the world’s largest producer of medicines and vaccines for animals. It offers a wide range of products and services, including vaccines, pharmaceuticals, biologics, diagnostics, and nutrition. The company develops, manufactures, and markets products to prevent, treat, and control diseases in companion animals, livestock, and poultry. It also provides technical and consulting services to veterinarians, farmers, and pet owners. Additionally, it has a strong focus on research and development and invests heavily in research and development (R&D) to develop innovative products and services to meet the needs of the animal health industry. It also provides educational programs and resources to veterinarians, farmers, pet owners, and other animal health professionals to help them stay up-to-date on the latest advances in animal health. Moreover, it partners with numerous non-profit organizations to help improve animal welfare and provide access to veterinary care for animals in need.


About Author:

Anushka Bhattacharya

Editor and Writer at IMARC Services Pvt Ltd. 

Anushka Bhattacharya is an editor and content writer for a market research and business consultancy company, IMARC Services Pvt. Ltd. Anushka holds a Master's degree in Commerce and has been writing and editing long-form content for 4 years covering diverse business areas such as healthcare, digital marketing, sports equipment, home appliances, social media promotion, and clothing. Her mission to educate business owners in all aspects of market analysis flows through the expert industry coverage she provides. When not writing or editing files, you will find her sketching, exploring heritage and historic places, or cooking. 

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