The report below gives a good overview of the Winter 2025 M&A activity in the Animal Health Industry Sector. The global pet care market is poised for its continued expansion, with projections indicating a growth of over 45% in the next six years, potentially reaching a valuation that surpasses $500 billion above previous year estimates, according to a Bloomberg Intelligence report. North America continues to dominate the market, with the United States expected to achieve a $150 billion USD market value in 2024. Zoetis, the industry leader in animal health, recently shared its outlook on category growth, anticipating a 6% annual CAGR for the Animal Health category from 2023 to 2028, followed by a 4% growth rate from 2028 to 2033. In China, despite significant consumer headwinds, the pet care market demonstrated resilience, reaching $42 billion after a decade of accelerated growth and maintaining a 7.5% growth rate, as reported by the USDA in December. Meanwhile, Brazil, one of the largest pet care markets globally, achieved $14 billion in 2023 and is projected to experience the fastest growth among major markets, with expectations of a low double-digit CAGR by 2030. These figures underscore the robust global expansion of the pet care industry, driven by increasing pet ownership, premiumization trends, and growing consumer focus on pet health, wellness and convenience.
Posted by Alexander Petersen.