Veterinary Medicine in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Veterinary medicine is concerned with preventing, controlling, diagnosing, and treating diseases affecting the health of both food-producing and companion animals and preventing the transmission of animal diseases to humans. Market value represents revenue generated by market players in a specific year.
- The European veterinary medicine market recorded revenues of $7.89 billion in 2023, representing a compound annual growth rate (CAGR) of 3.6% between 2018 and 2023.
- The pharmaceutical segment accounted for the market's largest proportion in 2023, with total revenues of $2.97 billion, equivalent to 37.7% of the market's overall value.
- The European market experienced growth driven by the rising trend of pet ownership, which notably boosts demand for veterinary services and pet health products. For instance, according to the European Pet Food Industry Federation (FEDIAF), around 166.0 million households in Europe, own one or more of Europe’s 352.0 million pets.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the veterinary medicine market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the veterinary medicine market in Europe
- Leading company profiles reveal details of key veterinary medicine market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe veterinary medicine market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Europe veterinary medicine market by value in 2023?
- What will be the size of the Europe veterinary medicine market in 2028?
- What factors are affecting the strength of competition in the Europe veterinary medicine market?
- How has the market performed over the last five years?
- Who are the top competitors in Europe's veterinary medicine market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Zoetis Inc
- Merck & Co., Inc.
- Virbac Group
- Boehringer Ingelheim GmbH
