Global Veterinary Anti-infectives Market 2025–2029: Competitive Insights and Opportunities
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What Is The Expected Total Market Size Of The Veterinary Anti-infectives Industry By The Forecast Year 2029?
The veterinary anti-infectives market size has seen significant growth in recent years. It is anticipated to expand from $5.54 billion in 2024 to $6.02 billion in 2025, achieving a compound annual growth rate (CAGR) of 8.6%. This historical growth can be attributed to increasing pet ownership, the prevalence of infectious diseases, advancements in veterinary medicine, rising awareness, and government initiatives.
The market size for veterinary anti-infectives is projected to experience substantial expansion over the upcoming years. This market is anticipated to reach $8.69 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 9.6%. Factors contributing to this growth during the forecast period include the ongoing increase in pet populations, the emergence of zoonotic diseases, the global expansion of the pet trade, and rising veterinary healthcare spending. Key trends anticipated within the forecast timeframe encompass technological innovations, a greater uptake of biological products, the incorporation of telehealth into veterinary services, a shift towards natural and herbal remedies, the widening reach of e-commerce for veterinary pharmaceuticals, and strategic alliances and joint ventures.
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What Are The Main Drivers Boosting The Veterinary Anti-infectives Industry’s Expansion?
The future expansion of the veterinary anti-infectives market is anticipated to be driven by a rise in pet ownership. This trend of pet ownership involves individuals keeping dogs, cats, or other domesticated animals in their homes. A growing segment of the younger population is integrating pets into their families, while others embrace them for their inherent compassion, loyalty, and as a means to combat loneliness. For example, data from 2022, released by Animal Medicines Australia, an Australia-based non-governmental organization, showed a substantial increase in pet ownership within Australia. The total number of pet owners reached 28,730.8 in 2022, which was an increase from 39% recorded in 2021. This specific figure signifies a 24% rise, underscoring a robust upward trajectory in both pet adoption and associated care expenditures. This escalation in pet ownership further emphasizes the increasing prominence of pets among Australian households. Consequently, the expanding trend of pet ownership is fueling the demand within the veterinary anti-infectives market.
How Is The Veterinary Anti-infectives Market Segmented?
The veterinary anti-infectives market covered in this report is segmented –
1) By Drug Class: Antimicrobial Agents, Antiviral Agents, Antifungal Agents, Other Drug Classes
2) By Species Type: Livestock Animals, Companion Animals
3) By Mode Of Administration: Oral, Parenteral, Topical
4) By Distribution Channel: Veterinary Hospitals, Veterinary Clinics, Pharmacies, Others Distribution Channels
Subsegments:
1) By Antimicrobial Agents: Antibiotics, Antiseptics
2) By Antiviral Agents: Vaccines, Antiviral Medications
3) By Antifungal Agents: Topical Antifungals, Systemic Antifungals
4) By Other Drug Classes: Parasiticides, Immune Modulators, Disinfectants
What Are The Major Trends Driving The Growth Of The Veterinary Anti-infectives Market?
Technological innovation is a prominent trend gaining considerable attention within the veterinary anti-infectives market. Major businesses operating in this sector are deploying advanced technologies to uphold their standing. As an illustration, in February 2022, Elanco Animal Health Incorporated, a US-based pharmaceutical company focused on medications and immunizations for pets and livestock, introduced Increxxa. This recently approved drug for livestock respiratory disease utilizes tulathromycin as its main ingredient, administered to livestock through injection. Increxxa rapidly targets the infection site in the lungs for swift action and boasts a prolonged half-life, affording cattle more time to build a strong defense. This product is intended for veterinary application, and tulathromycin, the active component in Increxxa, aids in diminishing the detrimental effects of bovine respiratory disease.
Which Global Market Leaders Are Shaping The Future Of The Veterinary Anti-infectives Sector?
Major companies operating in the veterinary anti-infectives market include Bayer AG, C. H. Boehringer Sohn AG & Co. KG, Ceva Santé Animale, Elanco Animal Health Incorporated, Zoetis Inc., Vetoquinol S. A., Merck & Co., Phibro Animal Health, Aspen Veterinary Resources Ltd., Bimeda Animal Health Limited, Dechra Pharmaceuticals Plc, Intervet International B. V., Oceanic Pharmachem Pvt. Ltd., Virbac Ltd., Indian Immunologicals Ltd. (IIL), Norbrook Laboratories Ltd., Ashish Life Science Pvt. Ltd., Kyoritsu Seiyaku Corporation, Tianjin Ringpu Bio-Technology Co. Ltd., HIPRA, Zydus Animal Health and Investments Limited, China Animal Husbandry Group, ZOOVETVARU Ltd., Magnum Veterinaaria Ltd., Inovet (V. M. D. nv/sa), Chanelle Pharmaceuticals Manufacturing Ltd., Huvepharma Inc., Veyx Pharma GmbH, Biovet Pvt. Ltd., Laboratorios Ovejero SA, Laboratorios Syva S. A.
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Which Region Is Expected To Witness The Fastest Growth In The Veterinary Anti-infectives Market?
North America was the largest region in the veterinary anti-infectives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary anti-infectives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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