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Yahoo
22-05-2025
- Health
- Yahoo
UK Veterinary Medicine Market Trends Analysis and Growth Forecasts Report 2025-2030: Pet and Livestock Health Initiatives, Preventive Care and Vaccinations Spur Surge in Demand
The UK Veterinary Medicine Market is projected to grow from USD 2.64 Billion in 2024 to USD 4.08 Billion by 2030, at a CAGR of 7.80%. Key growth drivers include increasing pet ownership, government initiatives, and a rise in livestock population. Discover insights on market trends, competitive landscape, and future opportunities. UK Veterinary Medicine Market Dublin, May 22, 2025 (GLOBE NEWSWIRE) -- The "UK Veterinary Medicine Market Size, Share & Trends Analysis Report by Product (Biologics, Pharmaceutical), Animal Type (Production, Companion), Route of Administration, Distribution Channel, with Growth Forecasts, 2025-2030" report has been added to UK Veterinary Medicine Market was valued at USD 2.64 Billion in 2024, and is projected to reach USD 4.08 Billion by 2030, rising at a CAGR of 7.80% This growth can be attributed to the novel product development in veterinary medicine, the rise in livestock population and increasing pet ownership rates, and the increasing government initiatives to spread awareness about animal health. There is an increasing trend of pet adoption in the country, particularly influenced by the increasing ownership of smaller pets. According to the UK Pet Food 2024 stats, the pet dog population is estimated to be around 13.5 million, which accounts for around 36% of the households in the country owning a dog. Similarly, the pet cat population is estimated to be around 12.5 million, which accounts for around 29% of the households in the country owning a cat. This surge in pet ownership has led to greater consumer spending on veterinary medicines as pet owners are increasingly prioritizing their pets' health, resulting in higher expenditures on veterinary care, medications, and preventive treatments. As pet owners become more aware of the long-term health implications and necessary care for their pets, the demand for veterinary medicine in the country is further anticipated to addition, the increasing efforts by government and private bodies through various partnerships and initiatives to increase awareness about animal health among pet and cattle owners are further contributing to the market growth. For instance, The Animal Health and Welfare Pathway, launched in 2023, aims to enhance farm animal health and welfare in the UK through collaboration among farmers, veterinarians, and the industry. This initiative is part of the Agricultural Transition Plan, focusing on improving biosecurity, tackling antimicrobial resistance, and reducing greenhouse gas emissions from support for farmers is one of the major focuses of the pathway, offering funding for veterinary consultations, capital investments, and disease control programs. This includes grants for infrastructure improvements and initiatives to enhance stockmanship through training. The pathway also aims to stimulate market demand for higher welfare products by improving transparency and ensuring fair pricing for zoonotic diseases, which can be transmitted from animals to humans, have gained significant attention due to their potential impact on public health. This awareness drives pet owners and livestock farmers to seek preventive care and vaccinations for their animals, thereby boosting the demand for veterinary medication. Similarly, in agriculture, changing practices aimed at improving animal welfare and productivity are driving demand for veterinary interventions as farmers are increasingly adopting biosecurity measures to prevent disease outbreaks within livestock populations, thereby contributing to segment Veterinary Medicine Market Report Highlights The pharmaceutical segment accounted for the largest revenue share of 67.5% in 2024 due to its wide range of clinically approved drugs that effectively treat and prevent various animal diseases. The production animal segment dominated the market with the largest revenue share of over 58% in 2024, as livestock health is directly tied to food safety, productivity, and economic returns for farmers. The injectables segment dominated the market, with a revenue share of over 44% in 2024 due to their rapid action, high bioavailability, and effectiveness in treating a wide range of conditions. The veterinary hospitals and clinics segment dominated the market with the largest share of over 40% in 2024. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $2.64 Billion Forecasted Market Value (USD) by 2030 $4.08 Billion Compound Annual Growth Rate 7.8% Regions Covered United Kingdom UK Veterinary Medicine Market Variables, Trends & Scope Market Lineage Outlook Parent market outlook Related/ancillary market outlook Market driver analysis Rise in livestock population and increasing pet ownership rates Novel product development in veterinary medicine Increasing prevalence of animal diseases Strategic initiatives by key players Market restraint analysis Regulatory Challenges UK Veterinary Medicine Market Analysis Tools Industry Analysis - Porter's PESTEL Analysis Estimated Animal Population by Key Species, 2018-2024 Regulatory Framework Product Pipeline Analysis Pricing Analysis Company Profiles Boehringer Ingelheim International GmbH. Norbrook Merck & Co., Inc. Elanco Bimeda, Inc. Zoetis UK Limited. Ceva BioZyme, Inc. Phibro Animal Health Corporation Dechra (EQT) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment UK Veterinary Medicine Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
12-05-2025
- Business
- Yahoo
Pet Care E-Commerce Industry Report 2025: Subscription Services and AI Trends Enhance Pet Care Online Shopping Experience - Global Market to Reach $129.5 Billion by 2030
Dublin, May 12, 2025 (GLOBE NEWSWIRE) -- The "Pet Care E-commerce - Global Strategic Business Report" has been added to global market for Pet Care E-commerce was estimated at US$92.1 Billion in 2024 and is projected to reach US$129.5 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Pet Care E-commerce growth in the pet care e-commerce market is driven by several factors, including the increase in pet ownership, the rising demand for convenience, and the growing trend of pet wellness and health products. One of the main drivers is the significant rise in global pet ownership. As more people adopt pets and treat them as family members, the demand for pet-related products and services has increased, leading to higher sales in the pet care e-commerce space. Pet owners are looking for a wide range of products, from food and accessories to health and wellness products, and they are turning to e-commerce platforms to fulfill these increasing demand for convenience is another major driver of growth in the pet care e-commerce market. Online shopping provides an easy, time-saving alternative to traditional shopping, especially for essential items that need to be replenished regularly, such as pet food, medications, and litter. Subscription-based services, which automate the delivery of frequently used items, are also growing in popularity. The ability to compare prices, access detailed product reviews, and make informed purchasing decisions all contribute to the convenience of shopping growing focus on pet wellness and health is another factor propelling the market's growth. Pet owners are increasingly investing in products that promote the overall health and well-being of their pets, such as supplements, grooming products, and specialty diets. With a wider range of health-conscious products available online, pet owners can easily find solutions for everything from weight management to joint support. As pet owners become more aware of their pets` health needs and seek more premium, high-quality products, e-commerce platforms are well-positioned to meet this the growing trend of digitalization and the increasing comfort of consumers with online shopping are key drivers behind the market`s expansion. As more consumers turn to online shopping for a variety of products and services, pet care e-commerce platforms are benefiting from the shift in purchasing habits. The convenience of shopping from home, the ability to shop at any time, and the increasing integration of advanced technologies in the shopping experience are all contributing to the growing popularity of online pet care ScopeThe report analyzes the Pet Care E-commerce market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined Product Type (Food & Treats, Litter Products, Grooming Products, Fashion, Toys, & Accessories, Medicines, Other Product Types); Pet Type (Dogs, Cats, Other Pet Types).Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Insights: Market Growth: Understand the significant growth trajectory of the Food & Treats segment, which is expected to reach US$29.9 Billion by 2030 with a CAGR of a 4.8%. The Litter Products segment is also set to grow at 4.3% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, estimated at $25.1 Billion in 2024, and China, forecasted to grow at an impressive 9.0% CAGR to reach $26.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Key Questions Answered: How is the Global Pet Care E-commerce Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as 1-800-PetMeds, Inc., BarkBox, Chewy, Inc., EntirelyPets and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Select Competitors (Total 34 Featured): 1-800-PetMeds Inc. BarkBox Chewy, Inc. EntirelyPets Monster Pet Supplies Only Natural Pet Pet Circle Pet Supermarket Pet Supplies Plus Petbarn PetCareRx Petco Animal Supplies Petco Mexico PetFlow Pets at Home PetSmart PetSmart Canada Tiendanimal Zooplus AG Tariff Impact Analysis: Key Insights for 2025Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and Included in This Edition: Tariff-adjusted market forecasts by region and segment Analysis of cost and supply chain implications by sourcing and trade exposure Strategic insights into geographic shifts Buyers receive a free July 2025 update with: Finalized tariff impacts and new trade agreement effects Updated projections reflecting global sourcing and cost shifts Expanded country-specific coverage across the industry Key Attributes Report Attribute Details No. of Pages 286 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $92.1 Billion Forecasted Market Value (USD) by 2030 $129.5 Billion Compound Annual Growth Rate 5.8% Regions Covered Global MARKET OVERVIEW Influencer Market Insights Tariff Impact on Global Supply Chain Patterns Pet Care E-commerce - Global Key Competitors Percentage Market Share in 2024 Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 MARKET TRENDS & DRIVERS Rapid Humanization of Pets Strengthens Business Case for Premium E-commerce Offerings Rise in Pet Adoption Among Millennials and Gen Z Expands Addressable Market Opportunity Increasing Preference for Online Subscription Services Spurs Growth in Recurring Revenue Models Growing Awareness Around Pet Wellness Generates Demand for Health-Oriented Pet Products Integration of AI and Personalization Engines Drives Adoption of Smart E-commerce Platforms Surge in Mobile Commerce and App-Based Shopping Accelerates Demand for Seamless Digital Interfaces Social Media and Influencer Marketing Throw the Spotlight on Niche Pet Product Brands Emphasis on Sustainable and Eco-Friendly Packaging Drives Market Differentiation and Brand Loyalty Increasing Spending on Premium and Organic Pet Foods Propels Growth in Specialized Online Segments Advanced Data Analytics and CRM Adoption Expands Personalization Capabilities Across the Value Chain Regulatory Push for Transparency in Ingredient Labelling Spurs Demand for Clean Label Pet Products Accelerated Urbanization and Compact Living Trends Drive Adoption of Compact and Smart Pet Products Innovations in Smart Pet Wearables and IoT Devices Expand Addressable Opportunities in Connected Pet Care For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
