ÌÇÐÄÆƽâ°æ

The global animal health market has seen a significant increase in size over the last decade. The most successful year was 2024 on record for the industry, with a market size of ** billion U.S. dollars. The market size is likely to increase by *** by 2035. The animal health industry comprises many different sectors and focuses on both companion animals and food animals.

Animals in the U.S.

There are several million farm animals in the U.S. and many more companion animals. As of 2025, there were over ** million cattle and calves in the U.S. There were also about **Ìý³¾¾±±ô±ô¾±´Ç²Ô pigs and hogs during that same year. On top of the large number of food animals living in the U.S., a significant percentage of U.S. households have a companion animal of some sort.

Animal health market

Given the large number of animals in the U.S., it is no wonder that it represents the largest single animal health market globally. There are many major pharmaceutical companies that work in animal health, some even cater to both human and animal health needs. Currently, Zoetis, an animal health company, and Boehringer Ingelheim, a human and animal health company, hold the largest percentage of the global animal health market.