Towards Healthcare
Veterinary Biological Product Market

Veterinary Biological Product Market Poised for Global Surge 2025

Based on market forecasts, the global veterinary biological product market, projected at USD XXX billion in 2024, is expected to reach USD XXX billion by 2034, growing at a CAGR of XX% over the forecast period. The critical role of veterinary products in diagnosis, disease prevention, treatment, and therapeutic interventions makes them pivotal in wildlife conservation. North America dominated the market in 2024, driven by the increased spending on pet healthcare, growing demand for animal protein, and digitalization of veterinary practices.

Category: Life Sciences Insight Code: 6363 Format: PDF / PPT / Excel

Veterinary Biological Product Market Size, Insights and Shares with Top Key Players

The global veterinary biological product market size is calculated at US$ XX billion in 2024, grew to US$ XX billion in 2025, and is projected to reach around US$ XX billion by 2034. The market is expanding at a CAGR of XX% between 2025 and 2034.

Research suggests that veterinary products are effective in healthy animals to elicit a protective immune response. All products driving the veterinary biological product market are tested to provide a significant and clinically promising effect while reducing disease severity. The U.S. Animal and Plant Health Inspection Service under the U.S. Department of Agriculture (USDA) recently licensed these products in 2025, which include vaccines, bacterins, antibody products, diagnostic products, toxoids, etc.

Key Takeaways

  • Veterinary biological product market to crossed USD XXX billion by 2024.
  • Market projected at USD XXX billion by 2034.
  • CAGR of XX% expected in between 2025 to 2034.
  • North America dominated the market in 2024 and held a major revenue share of 40%.
  • Asia-Pacific is expected to witness the fastest growth during the predicted timeframe of 2025-2034.
  • By product type, the vaccines segment dominated the market in 2024, with a revenue share of 55%.
  • By product type, the biological therapeutics segment in the veterinary biological product market is expected to grow at the fastest CAGR during the forecast period.
  • By animal type, the livestock segment dominated the market in 2024, with a revenue share of 50%.
  • By animal type, the pet animals segment in the market is expected to grow at the fastest CAGR during the forecast period.
  • By route of administration, the parenteral segment dominated the market in 2024, with a revenue share of 70%.
  • By route of administration, the oral segment is expected to witness the fastest growth during the forecast period.
  • By distribution channel, the veterinary hospitals & clinics segment dominated the veterinary biological product market in 2024, with a revenue share of 45%.
  • By distribution channel, the online/e-commerce platforms segment is expected to witness the fastest growth during the forecast period.

What is the Veterinary Biological Product?

Advancements in biotechnology, recombinant DNA technology, mRNA platforms, and monoclonal antibodies boost the development of more efficient and targeted biologics. The veterinary biological product market encompasses a range of products derived from living organisms, including vaccines, bacterins, antisera, diagnostic kits, and other biologically-based agents. These products are primarily used to prevent, diagnose, or treat diseases in animals, operating through immunological processes to enhance the health and productivity of both companion animals and livestock. Regulatory bodies such as the U.S. Department of Agriculture's Animal and Plant Health Inspection Service (APHIS) oversee the licensing and approval of these products to ensure their safety, efficacy, and purity.

Market Outlook

  • Industry Growth Overview: The veterinary biological product market is experiencing a huge transformation due to noteworthy activities by certain companies, including Elanco Animal Health, Merck Animal Health, Zoetis Inc., Ceva Sante Animale, and Vetoquinol, which have made significant R&D investments and received regulatory approvals for their innovations. Moreover, the rising shift towards pet ownership, zoonotic disease concerns, and government initiatives drive the expansion of biological products for animal health.
  • Sustainability Trends: The adoption of eco-friendly production techniques by veterinary pharmaceutical companies helps to reduce carbon footprint and greenhouse gas emissions. The increased preference for sustainable manufacturing and packaging supports the adoption of recycled paperboard, biodegradable plastics, and plant-based materials. The viable and sustainable alternatives to conventional drugs are natural and herbal-based products used in alternative therapies, which show lower environmental toxicity.
  • Major Investors: The major corporate investors in the veterinary sector are Merck Animal Health, Elanco Animal Health, Ceva Santé Animale, and Virbac, which majorly invest in areas like advanced biologics, biotechnology acquisitions, AI, preventative care, emerging markets, and government-led initiatives. The government funding supports vaccine development and immunization programs to control animal diseases in livestock.

How Big is the AI in the Veterinary Biological Product Market?

AI streamlines manual tasks and allows professionals to focus on their work. The standards of animal care are improved by the diagnostic abilities and predictive analytics of AI.  Veterinary healthcare systems that are expanding the market get notable advantages of AI, such as treatment efficacy, enhanced accessibility, and optimized resource allocation. AI manages data analysis, provides decision-making support, and has automated manual healthcare systems.

Segmental Insights

How does the Vaccines Segment Dominate the Veterinary Biological Product Market in 2024?

The vaccines segment dominated the market in 2024, with a revenue share of 55%, owing to the key functions of vaccines in veterinary medicine to prevent and control diseases and protect public health. They ensure the economic stability of the animal health industry. Vaccines eliminate certain animal diseases on a global scale.

The biological therapeutics segment is expected to grow at the fastest CAGR in the veterinary biological product market during the forecast period due to its primary focus on preventing diseases through vaccination and providing targeted treatments with monoclonal antibodies. Modern therapeutics offers cell-based regenerative therapies and involves the use of recombinant proteins. Advances in biotechnology and genetic engineering expanded the product portfolio and its applications.

What made Livestock the Dominant Segment in the Veterinary Biological Product Market in 2024?

The livestock segment dominated the market in 2024, with a revenue share of 50%, owing to the major role of veterinary biological products in enhancing the productivity of livestock animals. These products improve food safety, reduce antibiotic use, and offer wide diagnostic applications. They are important in modern livestock management in ensuring economic stability, ethical animal welfare, and global food security.

The pet animals segment is estimated to grow at the fastest rate in the veterinary biological product market during the predicted timeframe due to the potential of cutting-edge biological treatments in regenerative therapy, like stem cell therapy and platelet-rich plasma therapy. Vaccines are the most vital veterinary biological products for pets, which stimulate immunity, build defense, and protect against deadly diseases. Biologics provide precise treatments for complex diseases that are hard to treat with conventional medications.

How did the Parenteral Segment Dominate the Veterinary Biological Product Market in 2024?

The parenteral segment dominated the market in 2024, with a revenue share of 70%, owing to the prominent role of parenteral administration in ensuring product effectiveness and facilitating different therapeutic strategies. The parenteral biological products include vaccines, serums and antibody products, recombinant proteins, stem cells, toxoids, and bacterins, which are useful for unconscious animals to achieve precision and control. All parenteral products are expensive, sterile, and require skilled administration due to stringent regulatory requirements.

The oral segment is anticipated to grow at a notable rate in the veterinary biological product market during the upcoming period due to the potential advantages of oral administration in mass immunization, reducing stress, stimulating mucosal immunity, and improving safety. The development of novel delivery systems and promising strategies for oral vaccines helps to overcome the challenges of oral administration. These modern delivery systems include nanoparticles, spore-based systems, viral vectors, and recombinant bacteria and yeast.

Which Segment by Distribution Channel Dominated the Veterinary Biological Product Market in 2024?

The veterinary hospitals & clinics segment dominated the market in 2024, with a revenue share of 45%, owing to the integral role in veterinary practice, including preventative medicine, treatment, therapy, diagnostics, and disease management. The hospitals and clinics related to animal health are experiencing the impact of veterinary biological products in clinical practice. They benefit from informed decision-making, patient management, and biosecurity.

The online/e-commerce platforms segment is predicted to grow at a rapid rate in the veterinary biological product market during the studied period due to expanded access and convenience, wider product selection options, and subscription services. The online or e-commerce channels enable direct-to-consumer delivery of specialty products. Specialized B2B platforms improve connectivity between manufacturers, veterinarians, and distributors to conduct transactions efficiently.

Regional Insights

Veterinary Biological Product Market Share, By Region, 2024 (%)

How does North America Dominate the Veterinary Biological Product Market in 2024?

North America dominated the market in 2024, with a revenue share of 40%, owing to biotechnology innovations, mandatory vaccination programs, and expanded pet insurance. The American Association of Veterinary State Boards (AAVSB) addressed challenges faced by veterinarians that are associated with the veterinarian-client-patient relationship and a mid-level practitioner position. The Animal and Plant Health Inspection Service (APHIS) of the USDA plans to provide the funding for the year 2025 that will support animal disease preparedness and response activities.

The Institute for International Cooperation in Animal Biologics, located in the USA, introduced the Veterinary Biologics Training Program (VBTP) supports the USDA regulatory process to ensure safety, purity, potency, and efficacy of veterinary biologics like vaccines, diagnostic kits, bacterins, antisera, and other products of biological origin. The government initiatives taken in North America include activities and collaborations to address highly pathogenic avian influenza, updated diagnostic funding, and new regulatory guidelines.

How is the Notable Growth of the U.S. in the Veterinary Biological Product Market?

The U.S. Animal and Plant Health Inspection Service under the U.S. Department of Agriculture (USDA) plays a critical role in the regulation of imports of veterinary biological products, including bacterins, vaccines, antisera, and diagnostic kits. It ensures the use of pure, safe, potent, and effective products to diagnose, prevent, and treat animal diseases in the U.S. The American Association of Veterinary Medical Colleges (AAVMC) proposed a statement in response to a plan of the U.S. Department of Agriculture to increase the number of veterinarians nationwide.

In August 2025, the U.S. Department of Agriculture (USDA) announced the expansion of the rural food animal veterinary workforce across the U.S. that will protect America’s food supply.

In 2024, approximately 89.7 million dogs and 73.8 million cats were owned in the U.S., with about 63% of households owning at least one pet. Regarding animal shelters, about 5.8 million dogs and cats entered shelters, while 4.2 million were adopted.

What is the Potential of the Veterinary Biological Product Market in the Asia Pacific?

Asia Pacific is expected to grow at the fastest CAGR in the market during the forecast period due to disease control programs, harmonization of regulations, and increased investments in R&D to boost production capabilities and domestic manufacturing. The World Organization for Animal Health (WOAH) has taken the international effort to reduce, replace, and refine animal use in research and testing. Several countries, like Japan, the Republic of Korea, and some other regions, have launched national projects to reduce animal testing, which align with global regulations. These regulations promote the adoption of new alternatives to animal testing. Certain government initiatives aim to improve regulatory processes, increase animal vaccination, and enhance regional disease surveillance.

What are the Trends in India in the Veterinary Biological Product Market?

The Union Cabinet introduced the Livestock Health and Disease Control Program (LHDCP) with a clearance of ₹3,880 crore for the livestock health program for 2024-25 and 2025-26. The Cabinet has also allocated Rs. 75 Crore to distribute high-quality and affordable generic veterinary medicines. The Institute of Veterinary Biological Products aims to provide high-quality products to the state owners and enhance the production of eggs, milk, and meat for livestock and other animals.

In September 2024, Jitendra Singh, the science minister, proclaimed that the Bio-E3 policy launched by the Indian government aims to enable sustainable and efficient use of biological resources for innovation, scaling up, and biomanufacturing of enzymes, functional foods, bio-polymers, specialty chemicals, veterinary products, smart proteins, and precision biotherapeutics and services.

In 2024, India's livestock sector saw a 3.78% increase in milk production to 239.30 million tonnes, making it the world's largest producer. Egg production grew by 3.18% to 142.77 billion, and meat production rose by 4.95% to 10.25 million tonnes. 

How is the Notable Growth of Europe in the Veterinary Biological Product Market?

Europe is expected to grow at a notable rate in the market in 2024, led by EU veterinary medicine regulations, mandatory immunization campaigns, novel biologics, and advanced vaccine platforms. The European Medicines Agency (EMA) provides its recommendations for the authorization and safety monitoring of veterinary medicines. The EMA reported the medicines qualified for marketing and commercial authorization in 2024, which include 11 for companion animals, such as cats and dogs, and 13 for food-producing animals, such as pigs and cattle, and chickens. These are a total of 25 medicines, including 14 vaccines, and 7 were developed by a biotechnological process. The partnerships between European scientists and funders help to improve animal health and welfare.

What is the Major Footprint of Germany in the Veterinary Biological Product Market?

Germany’s Medical Research Act aims to transform Germany into an attractive hub for medical innovation and pharmaceutical development. This act supports incentives for local clinical trials, confidential drug pricing, simplified clinical trial approvals, and harmonization of ethics committee processes. Germany adopted the national pharmaceutical strategy and supports clinical research institutions.

Veterinary Biological Product Market Value Chain Analysis

R&D

The R&D process for veterinary biological products encompasses several key stages, such as research and discovery, preclinical testing, clinical development, regulatory review and approval (licensing), manufacturing, quality control, and post-market surveillance.

Key Players: Zoetis Inc., Boehringer Ingelheim Animal Health, Merck Animal Health, Elanco Animal Health, Ceva Santé Animale, Virbac.

Distribution to Hospitals, Pharmacies

The primary distribution channels include veterinary hospitals and clinics, e-commerce, online pharmacies, traditional pharmacies, and offline retailers, which focus on cold chain logistics, product traceability, specialized handling, and regulatory compliance.

Key Players: Zoetis, Boehringer Ingelheim Animal Health, Virbac, Indian Immunologicals Ltd. (IIL), Elanco.

Patient Support and Services

It offers companion animal support, livestock and production animal support, digitalization, remote monitoring, educational initiatives, and innovations in therapeutics.

Key Players: Zoetis, Elanco, Merck Animal Health, Boehringer Ingelheim, Virbac.

Top Vendors in the Veterinary Biological Product Market

  • Zoetis Inc: It offers companion animal biological products, livestock biological products, vaccines, monoclonal antibodies, and other biologics.
  • Merck & Co., Inc.: The newly launched products are Canine and Feline, NOBIVAC vaccine for companion animals, NOBILIS for poultry, SEQUIVITY platform and PORCILIS vaccines for swine, and Pasturella vaccines, clostridial vaccines, and scour vaccines for livestock.
  • Boehringer Ingelheim International GmbH: The established biological products of this company are swine vaccines, companion animal vaccines, and other livestock vaccines.
  • Elanco Animal Health Incorporated: The robust portfolio of this leading company includes pet biological products like Canine Parvovirus Monoclonal Antibody and farm animal biologicals like Highly Pathogenic Avian Influenza (HPAI) vaccine.
  • IDEXX Laboratories, Inc.: This company focuses on manufacturing and distributing veterinary diagnostics and software. The software and services include Vello Software Solution and Web PACS. The companion animal products offered by this leading market player are point-of-care analyzers, SNAP rapid tests, reference laboratories, software, and imaging.  

Top Companies in the Veterinary Biological Product Market

  • Zoetis Inc. 
  • Merck & Co., Inc.
  • Boehringer Ingelheim International GmbH
  • Elanco Animal Health Incorporated
  • IDEXX Laboratories, Inc.
  • Ceva Santé Animale
  • Virbac
  • Neogen Corporation
  • Vetoquinol
  • Bimeda
  • Norbrook Laboratories Ltd.
  • MSD Animal Health
  • Biogénesis Bagó
  • Vetanco S.A.
  • Tianjin Ringpu Bio-Technology
  • Ashish Life Sciences
  • Zomedica
  • Hester Biosciences
  • AnimalCare
  • Eco Animal Health

Recent Developments in the Veterinary Biological Product Market

  • In October 2025, Zoetis Inc. announced the approval of Lenivia (izenivetmab injection) from Health Canada, which is used to alleviate osteoarthritis pain in dogs.
  • In May 2025, Merck & Co., Inc. announced the investment of $895 million in collaboration with the State of Kansas in research and development and manufacturing facilities in De Soto.

Segments Covered in the Report

By Product Type

  • Vaccines
    • Live Attenuated Vaccines 
    • Inactivated/Killed Vaccines
    • Subunit & Recombinant Vaccines
    • Vector-Based Vaccines
  • Antisera/Antitoxins
    • Polyclonal Antisera
    • Monoclonal Antibodies
  • Biological Therapeutics
    • Recombinant Proteins
    • Cytokines/Immunomodulators
  • Diagnostics/Test Kits
    • ELISA Kits
    • Rapid Diagnostic Tests

By Animal Type

  • Livestock
    • Cattle/Bovine
    • Swine
    • Sheep & Goats
    • Poultry
  • Pet Animals
    • Dogs
    • Cats
    • Horses/Equines
  • Aquatic Animals
    • Fish
    • Shrimps
  • Other Animals (Wild/Exotic)

By Route of Administration 

  • Parenteral
    • Intramuscular (IM)
    • Subcutaneous (SC)
    • Intravenous (IV)
  • Oral
    • Solutions/Suspensions
    • Feed Additives
  • Nasal/Inhalation
  • Topical/Transdermal

By Distribution Channel

  • Veterinary Hospitals & Clinics
  • Retail Pharmacies
  • Online/E-commerce Platforms
  • Direct-to-Farm/Institutional Sales

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

Tags

  • Last Updated: 27 October 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The veterinary biological product market holds a valuation of USD X billion as of 2025, and will expand to USD Y billion by 2034, achieving a CAGR of Z% between 2024 and 2034.

North America is currently leading the veterinary biological product market due to mandatory vaccination protocols, increasing biosecurity standards, and the rising demand for animal protein.

The veterinary biological product market includes 5 segments, such as product type, animal type, route of administration, distribution channel, and region.

Key trends include advanced vaccine technologies, personalized and targeted biologics, digital and data-driven integration, regulatory shifts, and growth in companion animal expenditure.

AAVSB, APHIS, VBTP, USDA, AAVMC, WOAH, LHDCP, EMA, EU, WHO, FDA.