Vietnam Animal Health Market

Vietnam Animal Health Market Overview:

The Vietnam animal health market size reached USD 194.95 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 248.82 Million by 2033, exhibiting a growth rate (CAGR) of 2.47% during 2025-2033. At present, the demand for livestock and poultry products is increasing as dietary habits shift towards consuming more protein. Moreover, farmers and vets in Vietnam are accepting preventive healthcare practices in animal husbandry, thereby impelling the market growth. Apart from this, the growing veterinary infrastructure and services are expanding the Vietnam animal health market share.

Vietnam Animal Health Market Trends:

Rising Livestock Production

The Vietnam animal health industry is driven by the increasing demand for livestock and poultry products, which is gradually rising as the population is on the rise and dietary habits shift towards consuming more protein. The private sector and the Vietnamese government are constantly investing in the development of the livestock sector so that productivity will be enhanced and the requirements of a growing middle class can be catered to. This emphasis is encouraging farmers and producers to embrace innovative animal health solutions to enhance the quality and efficiency of their businesses. Consequently, the market for veterinary pharmaceuticals, vaccines, and supplements is growing, with producers looking for efficient solutions to avoid disease breaks, enhance livestock well-being, and maximize farm profitability. In addition, the increasing shift towards commercial farming systems and massive production of animals is catalyzing the demand for advanced health management practices and products. The IMARC Group predicts that the Vietnam dairy ingredients market is anticipated to exhibit a growth rate (CAGR) of 4.5% during ​2025-2033​.

Increasing Awareness About Animal Health

Farmers and vets in Vietnam are increasingly accepting preventive healthcare practices in animal husbandry, thereby impelling the Vietnam animal health market growth. The awareness is being raised via government initiatives, farm programs, and the increasing pressure of international health standards, which are repeatedly highlighting animal welfare and biosecurity. With growing awareness, there is a noticeable drift in market demand from response to proactive health care. Livestock producers are demanding higher-level health products, including vaccines, feed additives, and diagnostic equipment, to protect against disease and maintain long-term animal health. Veterinary care and animal health products are increasingly becoming a part of the farming process as more players recognize the direct correlation between healthy animals and better farm productivity and profitability. This increased consciousness is increasingly influencing the animal health industry, driving development in urban as well as rural areas. In 2025, Tây Ninh Province emerged as a modern locality planning to lead in high-tech and green animal husbandry. By implementing a clear development strategy, actively attracting investments, and receiving robust policy support for sustainable agriculture, Tây Ninh is establishing itself as a key center for high-tech livestock farming in the southern area.

Growing Veterinary Infrastructure and Services

The Vietnamese veterinary infrastructure is growing quickly, driving the expansion of the animal health industry. The government continues to invest in the modernization of the veterinary sector through increased numbers of veterinary hospitals, clinics, and laboratories. This growth is facilitating enhanced access to animal health products and services, especially in rural communities where there is greater agricultural activity. Greater access to trained veterinarians and enhanced disease surveillance systems are contributing significantly to the improvement of animal health standards. With greater access to veterinary services, farmers are becoming more confident about using advanced animal health solutions. Veterinary experts are actively enlightening farmers about disease control, preventive medicine, and the proper application of animal health products. On March 20, 2025, the International Livestock Research Institute (ILRI), together with the National Institute of Veterinary Research (NIVR), organized a workshop focused on the use of information and communication technology (ICT) in managing animal husbandry and monitoring animal diseases in Vietnam. Conducted under the ‘Improving human health through sustainable value chains in human-animal-environmental interactions using ICT in Vietnam’ (ICT4Health) project, one goal of the workshop was to evaluate the FarmVetCare mobile app created to improve disease management, livestock oversight, and productivity efficiency.

Vietnam 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:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

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.

Vietnam Animal Health Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam animal health market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam animal health market on the basis of animal type?
• What is the breakup of the Vietnam animal health market on the basis of product type?
• What is the breakup of the Vietnam animal health market on the basis of region?
• What are the various stages in the value chain of the Vietnam animal health market? 
• What are the key driving factors and challenges in the Vietnam animal health market?
• What is the structure of the Vietnam animal health market and who are the key players?
• What is the degree of competition in the Vietnam 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 Vietnam animal health market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam 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 Vietnam 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.