Report Overview

UAE Veterinary Medicine Market – Industry Trends & Forecast Report, 2031

UAE Veterinary Medicine Market size was estimated at USD 65.12 million in 2024. During the forecast period from 2025 to 2031, UAE Veterinary Medicine Market size is projected to grow at a CAGR of 7.21%, reaching a value of USD 106.02 million by 2031. The expansion of UAE Veterinary Medicine Market is driven by the rising incidence of foodborne and zoonotic diseases caused by livestock or companion animals, the rising pet ownership among pet parents, and the growing healthcare needs of pets. An increasing demand for pet nutrition would further drive UAE Veterinary Medicine Market. The demand for veterinary medicine is also driven by growing government funding for pet care and increasing animal health services in the UAE.

Source: BlueWeave Consulting

Veterinary Medicine – Overview

The medical specialty of veterinary medicine, also known as veterinary science, is concerned with the prevention, control, diagnosis, and treatment of diseases affecting the health of domestic and wild animals and preventing the transmission of animal diseases to humans. The application of medical, diagnostic, and therapeutic concepts to a companion, domestic, exotic, wildlife, and animal development in veterinary medicine. Informally, veterinary medicine is as old as the human/animal bond but has proliferated in recent years due to the availability of sophisticated diagnostic and therapeutic techniques for most species. Veterinary medicine has made several significant contributions to animal welfare. Veterinary medicine is practiced in both ways, with or without medical supervision, but primarily professional care happens in the presence of veterinary doctors. Increasing animal husbandry and rising awareness about animal health are major growth factors for the veterinary medicine market.

UAE Veterinary Medicine Market

Growth Drivers

Growing Awareness about Animal Health and Wellness

The adoption of pets is growing across the UAE. People adopt or buy pets for companionship and are passionate about keeping them along with them. The animal's eating habits have been changing drastically. Animals are starting to have a sedentary lifestyle and getting restricted in houses, which results in lifestyle disorders like obesity, thus leading to significant growth in UAE Veterinary Medicine Market. The increasing prevalence of chronic conditions in pets is also expected to drive the market. Increasing disposable income, pet ownership, and ongoing technological changes also affect animal healthcare. Over the past decade, pet adoption for a companion among the elderly population has significantly expanded. Pets are adopted mainly for companionship by people, and the trend from pet owners to pet parents has shifted considerably. A growing number of pets and the rapidly changing implications of technology. Increasing disposable income among people in UAE and introducing animal-specific products are also boosting the overall growth of UAE Veterinary Medicine Market.

Challenges

Increasing Costs Veterinary Medicine and Animal Healthcare Services

The high cost of animal healthcare services and veterinary medicine could restrain the growth of UAE Veterinary Medicine Market. Veterinary treatment is expensive in the UAE. Sometimes, the treatment expense could even be costlier than human treatment. High treatment cost includes appointments, medications, feed additives, and vaccinations. There is not much scope for veterinary hospitals to provide discounts to the general population as their profit margin is low, and the operational cost is also high for veterinary hospitals and clinics.

Impact of Escalating Geopolitical Tensions on UAE Veterinary Medicine Market

Intensifying geopolitical tensions among countries, especially in the Middle East, could pose significant challenges to the growth of UAE Veterinary Medicine Market. Rising freight costs, disrupted export routes, and tariff uncertainties threaten market access and profitability. However, UAE’s focus on strengthening domestic production and modernization, and strategic partnerships with stable regions, helps mitigate long-term risks, fostering resilience amid global uncertainties.

UAE Veterinary Medicine Market

Segmental Coverage

UAE Veterinary Medicine Market – By Product Type

UAE Veterinary Medicine Market by product type is segmented into Drugs, Vaccines, Medicated Feed Additives. The drugs segment is further divided into antibiotics and parasiticides. Drugs holds the largest market share of UAE Veterinary Medicine Market by product type, owing to the increased prevalence of food-borne diseases. The vaccine segment is anticipated to grow during the forecast period, due to the enhanced usage of companion animals and livestock for the prevention of diseases. In the past, epidemics have led to huge losses in the breeding industry, increasing the demand for vaccines to prevent the animals from such epidemics. The medicated feed additives segment is also expected to grow over the forecast period, due to an increasing focus on maintaining animal health.

Source: BlueWeave Consulting

UAE Veterinary Medicine Market – By Route of Administration

Based on route of administration, UAE Veterinary Medicines Market is segmented into Oral, Parenteral, and Topical. The oral route administration segment holds the major market share of UAE Veterinary Medicines Market. The parental administration route segment, on the other hand, is expected to grow at a significant CAGR during the forecast period, due to an increasing number of parenteral formulations offered by key market players. The companies have also increased their focus on launching new topical products for parasite treatment for animals.

UAE Veterinary Medicine Market – By Animal Type

On the basis of animal type, UAE Veterinary Medicine Market is divided into Companion Animals and Livestock segment. The companion animals segment is further categorized into dogs and cats subsegments. The livestock segment consists of cattle, sheep, aquatic, poultry, and other animals. The surging demand for proteins is the primary reason that livestock segment holds the major market share of UAE Veterinary Medicine Market. Due to the rise in chronic conditions, the companion animals segment is anticipated to record the fastest CAGR over the period in analysis. Due to the growing need for cutting-edge alternatives to traditional treatments for canines with chronic conditions, the dogs subsegment holds a sizable market share.

Source: BlueWeave Consulting

Competitive Landscape

Major companies operating in UAE Veterinary Medicine Market include Elanco, Eurovets Veterinary Medicines LLC, Gulf Rider Veterinary Medicine, Merck Animal Health, Vet Convert, Virbac, and Zoetis. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Product Type

• Drugs

• Antibiotics

• Parasiticides

• Others

• Vaccines

• Medicated Feed Additives

By Route of Administration

• Oral

• Parenteral

• Topical

By Animal Type

• Companion Animals

• Dogs

• Cats

• Livestock

• Cattle

• Sheep

• Aquatic

• Poultry

• Others

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. UAE Veterinary Medicine Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing love for pets
         2. Rising number of veterinary hospitals & clinics      
      2. Restraints
         1. High Costs of Veterinary Medicine and Animal Healthcare Service
      3. Opportunities
         1. Growing Number of Pet Parents
         2. Government’s Supportive Initiatives
      4. Challenges
         1. Increasing Prevalence of Epidemics and Pandemics
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. UAE Veterinary Medicine Market: Marketing Strategies
5. UAE Veterinary Medicine Market: Pricing Analysis
6. UAE Veterinary Medicine Market Overview
   1. Market Size & Forecast, 2019–2031
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product Type
         1. Drugs
            1. Antibiotics
            2. Parasiticides
            3. Others
         2. Vaccines
         3. Medicated Feed Additives   
      2. By Route of Administration
         1. Oral
         2. Parenteral
         3. Topical
      3. By Animal Type
         1. Companion Animals
            1. Dogs
            2. Cats
         2. Livestock
            1. Cattle
            2. Sheep
            3. Aquatic
            4. Poultry
            5. Others
7. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. UAE Veterinary Medicine Market Company Market Share Analysis, 2024
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on UAE Veterinary Medicine Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Elanco
   2. Eurovets Veterinary Medicines LLC
   3. Gulf Rider Veterinary Medicine
   4. Merck Animal Health
   5. Vet Convert
   6. Virbac
   7. Zoetis
   8. Other Prominent Players   
10. Key Strategic Recommendations
11. Research Methodology
    1. Qualitative Research
       1.  Primary & Secondary Research
    2.   Quantitative Research
    3.   Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5.   Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1        UAE Veterinary Medicine Market Segmentation

Figure 2        UAE Veterinary Medicine Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2024

Figure 4        UAE Veterinary Medicine Market Size, By Value (USD Million), 2019–2031

Figure 5        UAE Veterinary Medicine Market Share, By Product Type, By Value, 2019–2031

Figure 6        UAE Veterinary Medicine Market Share, By Route of Administration, By Value, 2019–2031

Figure 7        UAE Veterinary Medicine Market Share, By Animal Type, By Value, 2019–2031

List of Tables

Table 1         UAE Veterinary Medicine Market Size, By Value (USD Million), 2019–2031

Table 2         UAE Veterinary Medicine Market Size, By Product Type, By Value, 2019–2031

Table 3         UAE Veterinary Medicine Market Size, By Route of Administration, By Value, 2019–2031

Table 4         UAE Veterinary Medicine Market Size, By Animal Type, By Value, 2019–2031

Table 5  Elanco Company Overview

Table 6  Elanco Financial Overview

Table 7  Eurovets Veterinary Medicines LLC Company Overview

Table 8  Eurovets Veterinary Medicines LLC Financial Overview

Table 9  Gulf Rider Veterinary Medicine Company Overview

Table 10 Gulf Rider Veterinary Medicine Financial Overview

Table 11 Merck Animal Health Company Overview

Table 12 Merck Animal Health Financial Overview

Table 13 Vet Convert Company Overview

Table 14 Vet Convert Financial Overview

Table 15 Virbac Company Overview

Table 16 Virbac Financial Overview

Table 17 Zoetis Company Overview

Table 18 Zoetis Financial Overview