Military And Commercial Parachutes Market Size, Share & Trends Analysis Report By Type (Round, Cruciform, Ram-air), By Application (Cargo/Extraction, Deceleration, Emergency), By Region, and Segment Forecasts, 2025 - 2030
Military And Commercial Parachutes Market Size, Share & Trends Analysis Report By Type (Round, Cruciform, Ram-air), By Application (Cargo/Extraction, Deceleration, Emergency), By Region, and Segment Forecasts, 2025 - 2030
Brazil Animal Health Market Growth & Trends
The Brazil animal health market size is expected to reach USD 4.29 billion by 2030, registering a CAGR of 8.60% from 2025 to 2030, according to a new report by Grand View Research, Inc. The primary drivers of market growth include the rising prevalence of diseases in animals, rising pet ownership, increasing number of surgical procedures, and increasing animal health expenditure. Furthermore, Brazil is one of the world's largest producers of beef, poultry, and pork. The increasing global demand for high-quality protein drives the need for better animal health solutions to ensure productivity and export competitiveness. For instance, according to the news published in October 2024, Brazil exported 286,750 tons of beef by September 2024, marking record sales in the history. The country supplies beef to more than 150 countries in the world. Due to this rising demand for protein in large mass of people the revenue in the animal health sector is expected to surge in the coming years.
In addition, pet insurance acceptability is increasing due to several causes, including pet humanization, expanding pet population, increased initiatives by major corporations, and rising veterinary care costs. The AVMA reports that pet owners are increasingly using pet insurance to help them pay for their pets' medical expenses. Also, to prevent the growth of stray animals, control over reproduction of animals is needed, which further increases the overall number of veterinary visits, driving the demand for veterinary pharmaceuticals. The use of sedatives in spaying dogs is an essential part of the veterinary procedure, ensuring the safety and comfort of the animal. For instance, according to the data mentioned by Virbac, 30 to 40% of dogs are neutered in Latin America especially with the help of surgeries. The company had also planned initiatives in 2023 to provide non-surgical solutions for fertility management in dogs in Brazil. Such activities are attributed to expand the adoption of veterinary medicines in Brazil, propelling market growth.
Moreover, Brazilian pet population growth is fueling the market growth. Over the past few years, the number of pets has increased drastically as more and more households have decided to adopt a pet in an effort to improve their quality of life. According to the data reported in World Population Review, Brazil is home to over 35 million domestic dogs, which makes it the second largest population of dogs in the world. This increasing population of pets in the country drives the necessity for treating a variety of illnesses, such as arthritis in dogs and cats which further accelerates the growth of animal health market.
Brazil Animal Health Market Report Highlights
Based on product, pharmaceuticals held the dominant revenue share in 2024. Increasing demand for potent medicines due to the rising prevalence of several veterinary diseases fuel the market growth.
Based on disease, the cattle diseases dominated the market in 2024. The prevalence of diseases such as Foot-and-Mouth Disease (FMD), Bovine Respiratory Disease Complex, and Bovine Viral Diarrhea has necessitated substantial investments in vaccines and biosecurity measures leading to their majority market share.
Based on animal type, the production animals dominated the market in 2024 due to the increasing trend of protein-based food, poultry market has significantly grown in the recent years.
Based on route of administration, oral segment dominated the market in 2024. Oral route of administration provides easy ingestion and show effective results for various therapeutic conditions.
Based on distribution channel, the hospital/ clinic pharmacy segment dominated the animal health market in 2024. This can be attributed to the growing patient footfall in these hospitals to treat medical conditions in animals.
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