Market Research Future Reports, Oct. 2025 (Press Release) – The Veterinary Drug Market Global Outlook

Veterinary Drug Market categorizes drugs into antibiotics, anti-inflammatories, parasiticides, vaccines, and anesthetics. It covers routes of administration such as oral, injectable, transdermal, topical, and intrauterine. By animal type, the report evaluates livestock, aquaculture, pets, and wildlife, with formulation analysis including tablets, liquids, injectables, and powders across major global regions to 2035.

Veterinary Drug Market: Strong Growth Ahead with Rising Pet Care and Livestock Health Investments

The Veterinary Drug Market is witnessing steady growth driven by increased spending on animal health, expanding livestock production, and rising adoption of pets globally. The market size reached USD 26.11 Billion in 2023 and is expected to increase to USD 26.81 Billion in 2024. With ongoing industry expansion and advancements in animal healthcare solutions, the Veterinary Drug Market is estimated to surpass USD 35.8 Billion by 2035, registering a CAGR of 2.67% between 2025 and 2035. This upward trend reflects the growing emphasis on preventive care for companion animals and the rising need for pharmaceuticals to ensure livestock productivity and food sustainability.