ÌÇÐÄÆƽâ°æ

With an enterprise value of almost **** billion U.S. dollars, the 2015 Sanofi Animal Health (Merial)/Boehringer Ingelheim merger, was considered the top animal health merger between 2014 and 2018.

Animal health market

The global animal health market has grown considerably over the past decade and a half: in 2018, the market had an estimated value of **** billion U.S. dollars. The industry value has almost tripled since 2002. Additionally, the market’s yearly revenue growth rate stood at six percent in 2018, which was a slight increase compared to one year earlier.

Top animal health companies

With a revenue of just under *** billion U.S. dollars, Zoetis was 2018’s leading animal health company. Other leaders that year, included Boehringer Ingelheim Animal Health and Elanco. Zoetis is a subsidiary of Pfizer and earns most of its revenue through its livestock and companion animal (or pets) segments. In 2018, the livestock and companion animal segments each generated about *** and *** billion U.S. dollars, respectively.