Global Companion Animal Specialty Drugs Market 2024-2028

Global Companion Animal Specialty Drugs Market 2024-2028


The companion animal specialty drugs market is forecasted to grow by USD 4553.55 mn during 2023-2028, accelerating at a CAGR of 6.68% during the forecast period. The report on the companion animal specialty drugs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in pet humanization, rising awareness about disease prevention and pet insurance, and rise in aging companion animal population.

Technavio's companion animal specialty drugs market is segmented as below:

By Distribution Channel
  • Veterinary hospitals
  • Pet care clinics
  • Pharmacy stores
By Product
  • Vaccines
  • Antibiotics
  • Parasiticides
  • Feed additives
  • Others
By Geography
  • North America
  • Europe
  • Asia
  • Rest of World (ROW)
This study identifies the enhanced companion animal specialty drug offerings as one of the prime reasons driving the companion animal specialty drugs market growth during the next few years. Also, increase in m and a in the animal companion specialty drugs market and rising obesity in companion animals will lead to sizable demand in the market.

The report on the companion animal specialty drugs market covers the following areas:
  • Companion animal specialty drugs market sizing
  • Companion animal specialty drugs market forecast
  • Companion animal specialty drugs market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading companion animal specialty drugs market vendors that include Bayer AG, Beaphar Beheer BV, Bimeda Holdings Ltd., Boehringer Ingelheim International GmbH, Ceva Sante Animale, Chanelle Pharma Group, Dechra Pharmaceuticals Plc, Elanco Animal Health Inc., Kyoritsuseiyaku Corp., LABORATORIOS CALIER S.A, Mars Inc., Merck and Co. Inc., Neogen Corp., Norbrook Laboratories Ltd., Tianjin ringpu bio-technology Co. Ltd., Vetoquinol SA, Virbac Group, Zenex Animal Health India Private Ltd., Zoetis Inc., and Orion Corp.. Also, the companion animal specialty drugs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Distribution Channel
      • Table Executive Summary - Chart on Market Segmentation by Product
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global companion animal specialty drugs market 2018 - 2022
      • Table Historic Market Size - Data Table on global companion animal specialty drugs market 2018 - 2022 ($ million)
    • Distribution Channel Segment Analysis 2018 - 2022
      • Table Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
    • Product Segment Analysis 2018 - 2022
      • Table Historic Market Size - Product Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size - Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Distribution Channel
    • Market segments
      • Table Chart on Distribution Channel - Market share 2023-2028 (%)
      • Table Data Table on Distribution Channel - Market share 2023-2028 (%)
    • Comparison by Distribution Channel
      • Table Chart on Comparison by Distribution Channel
      • Table Data Table on Comparison by Distribution Channel
    • Veterinary hospitals - Market size and forecast 2023- 2028
      • Table Chart on Veterinary hospitals - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Veterinary hospitals - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Veterinary hospitals - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Veterinary hospitals - Year-over-year growth 2023-2028 (%)
    • Pet care clinics - Market size and forecast 2023-2028
      • Table Chart on Pet care clinics - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Pet care clinics - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Pet care clinics - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Pet care clinics - Year-over-year growth 2023-2028 (%)
    • Pharmacy stores - Market size and forecast 2023-2028
      • Table Chart on Pharmacy stores - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Pharmacy stores - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Pharmacy stores - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Pharmacy stores - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Distribution Channel
      • Table Market opportunity by Distribution Channel ($ million)
      • Table Data Table on Market opportunity by Distribution Channel ($ million)
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2023-2028 (%)
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Vaccines - Market size and forecast 2023-2028
      • Table Chart on Vaccines - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Vaccines - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Vaccines - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Vaccines - Year-over-year growth 2023-2028 (%)
    • Antibiotics - Market size and forecast 2023-2028
      • Table Chart on Antibiotics - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Antibiotics - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Antibiotics - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Antibiotics - Year-over-year growth 2023-2028 (%)
    • Parasiticides - Market size and forecast 2023-2028
      • Table Chart on Parasiticides - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Parasiticides - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Parasiticides - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Parasiticides - Year-over-year growth 2023-2028 (%)
    • Feed additives - Market size and forecast 2023-2028
      • Table Chart on Feed additives - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Feed additives - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Feed additives - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Feed additives - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ million)
      • Table Data Table on Market opportunity by Product ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Asia - Market size and forecast 2023-2028
      • Table Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • Rest of World (ROW) - Market size and forecast 2023- 2028
      • Table Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increase in pet humanization
      • Rising awareness about disease prevention and pet insurance
      • Rise in aging companion animal population
    • Market challenges
      • Patent expiry of companion animal specialty drugs
      • Stringent global regulatory requirements for companion animal specialty drugs
      • Increasing resistance to antibiotics
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Enhanced companion animal specialty drug offerings
      • Increase in M and A in the animal companion specialty drugs market
      • Rising obesity in companion animals
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Bayer AG
      • Table Bayer AG - Overview
      • Table Bayer AG - Business segments
      • Table Bayer AG - Key news
      • Table Bayer AG - Key offerings
      • Table Bayer AG - Segment focus
    • Beaphar Beheer BV
      • Table Beaphar Beheer BV - Overview
      • Table Beaphar Beheer BV - Product / Service
      • Table Beaphar Beheer BV - Key offerings
    • Bimeda Holdings Ltd.
      • Table Bimeda Holdings Ltd. - Overview
      • Table Bimeda Holdings Ltd. - Product / Service
      • Table Bimeda Holdings Ltd. - Key offerings
    • Boehringer Ingelheim International GmbH
      • Table Boehringer Ingelheim International GmbH - Overview
      • Table Boehringer Ingelheim International GmbH - Business segments
      • Table Boehringer Ingelheim International GmbH - Key news
      • Table Boehringer Ingelheim International GmbH - Key offerings
      • Table Boehringer Ingelheim International GmbH - Segment focus
    • Ceva Sante Animale
      • Table Ceva Sante Animale - Overview
      • Table Ceva Sante Animale - Product / Service
      • Table Ceva Sante Animale - Key offerings
    • Dechra Pharmaceuticals Plc
      • Table Dechra Pharmaceuticals Plc - Overview
      • Table Dechra Pharmaceuticals Plc - Business segments
      • Table Dechra Pharmaceuticals Plc - Key offerings
      • Table Dechra Pharmaceuticals Plc - Segment focus
    • Elanco Animal Health Inc.
      • Table Elanco Animal Health Inc. - Overview
      • Table Elanco Animal Health Inc. - Product / Service
      • Table Elanco Animal Health Inc. - Key offerings
    • LABORATORIOS CALIER S.A
      • Table LABORATORIOS CALIER S.A - Overview
      • Table LABORATORIOS CALIER S.A - Product / Service
      • Table LABORATORIOS CALIER S.A - Key offerings
    • Mars Inc.
      • Table Mars Inc. - Overview
      • Table Mars Inc. - Product / Service
      • Table Mars Inc. - Key news
      • Table Mars Inc. - Key offerings
    • Merck and Co. Inc.
      • Table Merck and Co. Inc. - Overview
      • Table Merck and Co. Inc. - Business segments
      • Table Merck and Co. Inc. - Key news
      • Table Merck and Co. Inc. - Key offerings
      • Table Merck and Co. Inc. - Segment focus
    • Neogen Corp.
      • Table Neogen Corp. - Overview
      • Table Neogen Corp. - Business segments
      • Table Neogen Corp. - Key news
      • Table Neogen Corp. - Key offerings
      • Table Neogen Corp. - Segment focus
    • Norbrook Laboratories Ltd.
      • Table Norbrook Laboratories Ltd. - Overview
      • Table Norbrook Laboratories Ltd. - Product / Service
      • Table Norbrook Laboratories Ltd. - Key offerings
    • Vetoquinol SA
      • Table Vetoquinol SA - Overview
      • Table Vetoquinol SA - Business segments
      • Table Vetoquinol SA - Key news
      • Table Vetoquinol SA - Key offerings
      • Table Vetoquinol SA - Segment focus
    • Virbac Group
      • Table Virbac Group - Overview
      • Table Virbac Group - Business segments
      • Table Virbac Group - Key news
      • Table Virbac Group - Key offerings
      • Table Virbac Group - Segment focus
    • Zoetis Inc.
      • Table Zoetis Inc. - Overview
      • Table Zoetis Inc. - Business segments
      • Table Zoetis Inc. - Key news
      • Table Zoetis Inc. - Key offerings
      • Table Zoetis Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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