The global animal pharmaceuticals market size stood at roughly $40.07 billion in 2021, and it is set to reach $72.74 billion by 2030, growing at a CAGR of 6.8% during 2021–2030. The major factors credited for the rising demand for veterinary drugs are the increasing consumption of meat and milk products, booming pet adoption trend, and growing incidence of zoonotic diseases.

The global animal pharmaceuticals market size stood at roughly $40.07 billion in 2021, and it is set to reach $72.74 billion by 2030, growing at a CAGR of 6.8% during 2021–2030. The major factors credited for the rising demand for veterinary drugs are the increasing consumption of meat and milk products, booming pet adoption trend, and growing incidence of zoonotic diseases.