Veterinary Distribution Market Size is valued at US$ 46,332.0 Mn in 2023 and is predicted to reach US$ 99,338.4 Mn by the year 2034 at an 7.4% CAGR during the forecast period for 2024-2034.
The veterinary distribution industry plays a central role in guaranteeing the availability and accessibility of critical veterinary products, such as pharmaceuticals, vaccines, and diagnostics, to different stakeholders like veterinary hospitals, clinics, and retail pharmacies. Veterinary distribution is defined as the process of getting these critical products from manufacturers to end-users, enabling animal healthcare services in different industries, including companion animals and livestock. It is important for ensuring animal health through access to medicines such as anti-infectives and anti-inflammatory drugs, vaccines to prevent disease, and diagnostics for the detection and monitoring of disease. These are utilized in various settings to prevent, treat, and diagnose diseases in animals.
One of the major driving forces for the veterinary distribution industry is the rising demand for animal protein across the world. With the population of the world increasing and food preferences changing towards more meat and dairy intake, the demand for a healthy and strong livestock industry increases. This calls for effective veterinary distribution channels to provide livestock producers with the necessary medicines and vaccines, facilitating the production of safe and plenty of animal-based food items.
Competitive Landscape
Some of the Key Players in Veterinary Distribution Market:
• Elanco
• Merck & Co Inc.
• Boehringer Ingelheim Animal Health
• Alembic Pharmaceuticals Limited
• HIPRA, S.A.
• Norbrook
• Dechra Pharmaceuticals plc
• Mars, Inc.
• Animalcare Group plc
• Vetoquinol S.A.
• Zoetis Services LLC
• Ceva
• Virbac
• Midwest Veterinary Supply
• Petsmart LLC
• Covetrus, Inc
• Pet Supermarket, Inc.
• Petsense
• Petco Animal Supplies, Inc
• Chewy, Inc.
• Tractor Supply Co.
• Shop-Apotheke
• PetFriendly
• Amazon, Inc.
• Walmart
• Gianteagle Pet Pharmacy
• Netmeds
• PetRx
Market Segmentation:
The veterinary distribution market is segmented by products, animal type, distribution channel, sales type. By products, the market is segmented into pharmaceuticals, biologics, medicinal feed additives, pharmaceuticals is sub segmented parasiticides, anti-inflammatory, analgesic, others. Biologics is sub segmented into vaccines and other biologics. Vaccines is sub segmented into modified/ attenuated live, inactivated (killed), other vaccines). By animal type market is segmented into companion animals, production animals. Companion animals is sub segmented into dogs, cats, horses, others. Production animals is sub segmented into cattle, swine, poultry, sheep & goats, and fish. By distribution channel market is segmented into hospital/ clinic pharmacy, retail, e-commerce. By sales type market is segmented into prescription and OTC.
Biologics Segment is Expected to Drive the Veterinary Distribution Market
Veterinary biologics, such as vaccines, antibodies, and diagnostic kits, play a critical role in disease prevention, diagnosis, and treatment of animals by taking advantage of immunological effects to improve health and productivity. The segment is fueled by the growing need for preventive healthcare, with vaccines being among the most important factors in the control of infectious diseases in companion animals and livestock. Moreover, the growing world livestock industry requires biologics to ensure animal health and productivity. Advances in technology and innovations in therapeutics and diagnostics continue to drive market expansion by providing better solutions for animal health management.
Companion Animal is Growing at the Highest Rate in the Veterinary Distribution Market.
The expansion of the veterinary distribution industry in the companion animal market is fueled by rising pet ownership and pet humanization, resulting in increased expenditure on their health. Pet owners are spending more on high-level medical care, such as vaccines, diagnostics, and therapeutics, to keep their pets healthy. Improvements in veterinary medicine through technology have also enhanced the standard of treatment and preventive care for companion animals.
Regionally, Asia Pacific Led the Veterinary Distribution Market.
The Asia-Pacific veterinary distribution market is expanding at a rapid rate due to several key factors. The expanding livestock industry is driving demand for veterinary healthcare products, including pharmaceuticals and vaccines, to ensure animal health and productivity. Urbanization and increasing disposable incomes, particularly in Japan, South Korea, and Australia, are driving pet ownership, which is boosting demand for companion animal healthcare products and services. Government schemes, such as India's National Livestock Mission, are improving animal health infrastructure and disease control, also supporting market growth. Additionally, technological innovation and digitalization, such as telemedicine, are improving veterinary access in rural and remote regions, increasing the efficiency of veterinary distribution networks.
Veterinary Distribution Market Report Scope
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 46,332.0 Mn |
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Revenue Forecast In 2034 |
USD 99,338.4 Mn |
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Growth Rate CAGR |
CAGR of 7.4 % from 2024 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Billion and CAGR from 2024 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2024-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Products, Animal Type, Distribution Channel, Sales Type |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; Southeast Asia |
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Competitive Landscape |
Elanco, Merck & Co Inc., Boehringer Ingelheim Animal Health, Alembic Pharmaceuticals Limited, HIPRA, S.A., Norbrook, Dechra Pharmaceuticals plc, Mars, Inc., Animalcare Group plc, Vetoquinol S.A., Zoetis Services LLC, Ceva, Virbac, Midwest Veterinary Supply, Petsmart LLC, Covetrus, Inc , Pet Supermarket, Inc., Petsense, Petco Animal Supplies, Inc, Chewy, Inc., Tractor Supply Co., Shop-Apotheke, PetFriendly, Amazon, Inc., Walmart, Gianteagle pet pharmacy, Netmeds , PetRx |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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