Top Companies in Animal Healthcare Market | Industry Top Players CEVA, Elanco, Zoetis, etc. | Comprehensive Research Report by Vantage Market Research

Market Overview:

The Global Animal Healthcare Market is valued at USD 141.2 Billion in the year 2021 and is anticipated to reach a value of USD 181.7 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.3% over the forecast period. The Animal Healthcare Market is essentially driven by a significant rise in demand for protein meals and an increase in the incidence of zoonotic and meal-borne illnesses globally. The remarkable rise in disease prevalence has prompted companies to provide advanced vaccines and pharmaceuticals. The excessive demand has additionally ended in the next growth with the quantity of corporations venture constant efforts to govern pathogen infection dangers and meals-borne illnesses that are contributing to market growth. The Animal Healthcare Market is flourishing on account of rapid technological advancements and increasing research and development activities in the veterinary pharmaceutical industry. With the help of advanced technological systems, data made in veterinary clinics can be uploaded on the internet and shared with other researchers and clinicians.

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Some of the key players operating in the Animal Healthcare Market are listed below:

1. CEVA

CEVA Logistics was founded in 2007 and has headquarters in Marseille, France. This company is a non-asset-based supply chain management company that designs, implements, and provides end-to-end design, implementation, and operational capabilities in freight forwarding, contract logistics, transportation management, and distribution management. The company also applies its services to offer solutions focusing on automotive, consumer and retail, energy, healthcare, technology, and industrial and aerospace sectors.

2. Elanco

Elanco Animal Health was founded in 1954 and has headquarters in Greenfield, Indiana, U.S. This is a company that develops, manufactures, and markets products for animal health. It provides products and knowledge services to improve animal health and food-animal production. The company offers companion animal disease prevention products, such as parasiticide products, companion animal therapeutics for pain, osteoarthritis, ear infections, cardiovascular, and dermatology indications, vaccines, nutritional enzymes, and animal-only antibiotics. It also delivers a range of food animal products used in ruminant and swine production.

3. Zoetis

Zoetis was founded in 1952 and has headquarters in Parsippany, New Jersey, U.S. This is a global animal health company dedicated to supporting customers and their businesses in ever better ways. Building on 60 years of experience, the company delivers quality medicines and vaccines, complemented by diagnostic products and genetic tests and supported by a range of services.

4. Virbac

Virbac Company was founded in 1968 and has headquarters in Carros, France. This is a French company dedicated to animal health located in Carros, near Nice. It was founded in 1968 by veterinarian Pierre-Richard Dick. The company is the 6th largest veterinarian pharmaceutical group with a turnover of 948 million euros in 2020 (59% companion animals and 41% food-producing animals).

5. Covetrus

Covetrus, Inc. was founded in 2018 and has headquarters located in Portland, ME, United States, and is part of the Health and Personal Care Stores Industry. Until 2019, it was the animal health business of Henry Schein, before being divested. In 2021, the company ranked 593 on the Fortune 1000 list of the largest United States corporations by total revenue. Covetrus, Inc. has 5,657 total employees across all of its locations and generates $4.58 billion in sales (USD). There are 118 companies in the Covetrus, Inc. corporate family.

6. Vetoquinol

Vetoquinol is emerging as one of the fastest-growing Veterinary Pharmaceutical companies in India & it’s a subcontinent. With over 100 distributors and a direct presence in 24 countries spread in Europe, North & South America, and Asia pacific; Vetoquinol has built an international network employing over 2500 peoplevetoquinol Ltd. is located in Thiruvananthapuram, Kerala, India, and is part of the Drugs and Druggists' Sundries Merchant Wholesalers Industry. There are 25 companies in the vetoquinol India animal health private limited corporate family.

7. Mars Incorporated

Mars Inc (Mars) manufactures and distributes chocolate, non-chocolate confectionery, and food and pet care products. The company markets products under M&M's, Snickers, Dove, Mars, Wrigley’s, Orbit, Masterfoods, Extra, Uncle Ben’s, Paris, Whistle, Pamesello, Seeds of Change, TastyBite, Pedigree, Whiskas, Royal Canin, Gomo, Cocoavia, Double mint, and TWIX brand names. Mars also operates pet hospitals under the Banfield banner in the US and Canada. The company merchandises products for distributors, specialty stores, retailers, and veterinary practices. Its business operations span the Americas, Asia-Pacific, Europe, and the Middle East. Mars is headquartered in McLean, Virginia, the US, and was founded in 1911.

8. Merck & Co Inc

Merck & Co., Inc. engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceuticals and vaccine products. The Animal Health segment discovers, develops, manufactures, and markets animal health products, such as pharmaceutical and vaccine products, for the prevention, treatment, and control of disease in livestock and companion animal species. The Other segment consists of sales for the non-reportable segments of healthcare services. The company was founded in 1891 and is headquartered in Kenilworth, NJ.

9. Heska Corporation Company

Heska was founded in 1988 and the company sells veterinary and animal health diagnostic and specialty products. Its offerings include Point of Care diagnostic laboratory instruments and consumables; Point of Care digital imaging diagnostic products; digital cytology services; vaccines; local and cloud-based data services; allergy testing and immunotherapy; and single-use offerings such as in-clinic diagnostic tests and heartworm preventive products. Heska Corporation discovers, develops, manufactures, and markets companion animal health products, primarily for dogs, cats, and horses. The Company also offers diagnostic and patient monitoring equipment, as well as diagnostic laboratory products in the United States and Europe.

10. B. Braun Vet Care

Braun Vet Care GmbH was founded in 1998. The Company's line of business includes the wholesale distribution of prescription drugs, proprietary drugs, and toiletries. The company is located in Tuttlingen, Baden-Württemberg, Germany, and is part of the Drugs and Druggists' Sundries Merchant Wholesalers Industry. B. Braun Vet Care GmbH has 20 employees at this location and generates $15.91 million in sales (USD). There are 481 companies in the B. Braun Vet Care GmbH corporate family.

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