Livestock healthcare market seen nearing $97B by 2030

By AI, Created 11:43 AM UTC, May 20, 2026, /AGP/ – The global livestock healthcare market is projected to rise from $58.41 billion in 2025 to $96.73 billion by 2030, driven by animal health demand, new diagnostics and more livestock worldwide. North America was the largest regional market in 2025, while the report points to faster adoption of precision medicine, digital monitoring and preventive care.

Why it matters: - Livestock healthcare is tied to food supply, farm productivity and disease control as livestock populations keep expanding. - The market’s growth reflects rising demand for animal health management, not just higher spending on treatment after animals get sick. - Faster adoption of vaccines, diagnostics and feed additives could change how farms prevent outbreaks and protect output.

What happened: - The Business Research Company released its Livestock Healthcare Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 on May 4, 2026. - The report estimates the livestock healthcare market will grow from $58.41 billion in 2025 to $64.36 billion in 2026. - The report projects the market will reach $96.73 billion by 2030. - The forecast implies a 10.2% CAGR from 2025 to 2026 and a 10.7% CAGR across the forecast period through 2030. - North America was the largest regional market in 2025.

The details: - Market growth in the recent period was driven by a larger livestock population, stronger awareness of animal health and productivity, veterinary pharmaceutical and vaccine innovation, more veterinary clinics and hospitals, and higher demand for animal-based food. - The report says future growth will come from precision medicine and genomics, digital diagnostic tools and cloud-based monitoring, specialty and combination drugs, point-of-care testing, in-house diagnostics, and more sustainable livestock management. - Other trends expected through 2030 include wider vaccine use, higher consumption of prescription and over-the-counter medicines, more nutritional feed additives and probiotics, and growth in molecular and immunoassay diagnostics. - The report also points to advances in medical devices, laboratory equipment and alternative therapies. - Livestock healthcare covers disease prevention, early detection, treatment and broader animal health management. - The report links these practices to better animal welfare, productivity, food security and agricultural sustainability. - The livestock population is rising because of demand for food, fiber, labor and other animal products, along with economic incentives for farmers to expand herds. - The UK Department for Environment, Food and Rural Affairs reported in March 2024 that hens and pullets laying eggs for consumption increased from 40.44 million in 2022 to 41.07 million in 2023. - The breeding flock also rose from 52.46 million to 53.79 million over the same period. - The report covers Asia-Pacific, Southeast Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The report also includes related markets such as farm animal healthcare, livestock insurance and veterinary healthcare. - The company offers a free sample of the report and the full market report.

Between the lines: - The forecast suggests livestock healthcare is shifting from a basic veterinary expense to a more technology-driven part of farm operations. - The emphasis on precision medicine, cloud monitoring and in-house diagnostics signals a push toward earlier intervention and lower disease risk. - The market’s size also reflects how closely animal health spending tracks food demand and farm economics.

What’s next: - The next phase of growth likely depends on how quickly farms adopt digital tools, preventive medicines and genetics-based care. - The report’s 2030 outlook suggests continued expansion in both developed and emerging livestock markets. - More investment may follow in diagnostics, vaccines, feed additives and other products aimed at keeping animals productive longer.

The bottom line: - Livestock healthcare is on track to become a nearly $97 billion market by 2030, powered by larger herds, more disease prevention and a shift toward data-driven animal care.