10:30 ET Veterinary Vaccines Market worth $18.46 billion by 2031 | MarketsandMarkets™

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2026.01.19 15:30
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The Veterinary Vaccines Market is projected to grow from USD 13.02 billion in 2026 to USD 18.46 billion by 2031, at a CAGR of 7.2%. The growth is driven by increasing pet ownership, rising zoonotic diseases, and government initiatives for animal health. The Asia Pacific region is expected to see the highest growth due to rising disposable incomes and pet care awareness. The companion animal vaccines segment is anticipated to grow significantly, with veterinary hospitals becoming key players in pet healthcare. Major companies in this market include Zoetis, Merck, and Boehringer Ingelheim.