Animal Healthcare Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2019,” the global animal healthcare market was valued at USD 27,861.2 million in 2013 and is expected to grow at a CAGR of 7.1% from 2014 to 2019, to reach an estimated value of USD 41,929.1 million in 2019.

The Global Animal Healthcare Market is growing due to the increasing animal population of both types: companion and production. Companion animals are those which people tame or adopt for companionship, house/office guards and production animals are raised for meat and milk-related products. 

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Increasing global consumption of meat and milk, new diseases in animals and their transfer to humans via their product consumption and companionship are propelling the animal healthcare market globally. The changing lifestyle, increasing per-capita income level and growing population have led to an increase in meat consumption globally. Demand for protein rich food such as meat, eggs and milk, is rising and it is increasing the number of animal farms globally. The healthcare expenditure in farms is increasing, due to the increasing number of animals and the growing concern for their health. 

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According to the European Food Safety Authority (EFSA), around 3,20,000 cases of food-borne and zoonotic diseases are reported each year in the European Union. Campylobacteriosis was the most-commonly observed zoonoses in animals which affected 220,209 people in 2012 in the European Union (EU) countries, due to the consumption of infected broiler meat.