The South African veterinary medicine market size is expected to reach USD 1,145.29 million by 2030, registering a CAGR of 7.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. South Africa and the surrounding regions in the recent past, have experienced a very high prevalence of zoonotic and animal diseases. Given the dependence on livestock farming as well as the rising popularity of pet ownership, direct contact between humans and animals is quite common in these regions. Over the past decade, these diseases have been consistently on the rise in this region, raising concern over the well-being of humans and increasing the need for proper diagnostic & treatment infrastructure to tackle the disease growth at the source, boosting the veterinary medicine demand.
For instance, as per the data published in 2023 by Frontiers in Public Health, Sub-Saharan Africa (SSA) has experienced a massive rise in zoonotic diseases. It was estimated that outbreaks of zoonotic diseases such as Ebola virus disease (EVD), viral hemorrhagic fevers, and rabies increased by 63% from 2001-2011 to 2012-2022. Further, the study highlights that over 33% of the Public Health Emergencies (PHEs) in SSA countries, such as South Africa, Nigeria, Uganda, etc., were of zoonotic origin from 2001 to 2022.
Additionally, a study was conducted in South Africa to assess the patterns of rabies in animals over more than two decades. In January 2024, a published study from the Journal of Tropical Medicine & Infectious Diseases observed the Rabies progression in animals like dogs, cattle, cats, horses, pigs, sheep, and goats from 1998 to 2022. Rabies in companion animals like dogs, cats, and horses was reported to have the highest increase of over 59%, followed by more than 21% in livestock animals like cattle, pigs, goats, and sheep. These findings suggest a steep rise in the occurrence of harmful diseases like rabies among the South African animal population. Timely intervention of treatment & elimination of this disease will help maintain a healthy animal and prevent the disease’s spread to humans.
Apart from zoonotic diseases, some of the most common and debilitating animal diseases in the country are Foot and mouth Disease (FMD), Tick-borne diseases, and Avian Influenza. According to a 2022 report published by the South African Department of Agriculture, Land Reform & Rural Development, the country had over 151 open outbreaks of FMD in provinces such as Limpopo, Northwest, Gauteng, etc. As a preventive measure, over 5 lakh animals were vaccinated.
Gather more insights about the market drivers, restrains and growth of the South Africa Veterinary Medicine Market
South Africa Veterinary Medicine Market Report Highlights
• By animal type, the production animal segment dominated the market with a share of over 58% in 2023. This can be attributed to an increasing number of regional disease outbreaks among production animals such as cattle, poultry, swine, etc.
• In terms of product, the pharmaceuticals segment attributed to the largest market share in 2023. This high market share can be attributed to the vast array of products available in this segment and their application across several animal ailments.
• By mode of delivery, the parenteral segment held the highest market share of over 45% in 2023 and the highest CAGR over the forecast period, owing to its various advantages over other delivery modes, such as circumvention of first-pass metabolism, higher drug bioavailability, accurate control over the drug dosage, and reduction in drug interactions.
• By end-use, the veterinary hospitals & clinics segment held the highest market over 38% in 2023.This can be attributed to these facilities offering on-site pharmacies, ensuring that all the required medications are available.
• The e-commerce segment dominated in terms of CAGR over the forecast period as this distribution channel offers convenience and accessibility to animal owners.
• Factors such as animal health improvement, the rising prevalence of zoonotic and animals diseases in South Africa, increasing pet ownership, and rising poultry disease outbreaks like bird flu/high pathogenicity avian influenza (HPAI) are expected to drive market growth.
South Africa Veterinary Medicine Market Segmentation
Grand View Research has segmented the South Africa veterinary medicine market report based on animal type, product, mode of delivery, distribution channel, and country.
South Africa Veterinary Medicine Animal Type Outlook (Revenue, USD Million, 2018 - 2030)
• Production Animal
o Poultry
o Swine
o Cattle
o Sheep & Goats
o Others (Fish, Camel, Yak)
• Companion Animal
o Dogs
o Cats
o Horses
o Others
South Africa Veterinary Medicine Product Outlook (Revenue, USD Million, 2018 - 2030)
• Biologics
o Vaccines
o Modified/ Attenuated Live
o Inactivated (Killed)
o Other Vaccines
o Other Biologics
• Pharmaceuticals
o Parasiticides
o Anti-infectives
o Anti-inflammatory
o Analgesics
o Others
• Medicated Feed Additives
South Africa Veterinary Medicine Mode of Delivery Outlook (Revenue, USD Million, 2018 - 2030)
• Oral
o Tablet
o Powder
• Parenteral
• Topical
• Others (Ophthalmic, Otic, Intranasal, Rectal, etc.)
South Africa Veterinary Medicine Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
• Veterinary Hospitals & Clinics
• E-commerce
• Retail Stores
• Others Distribution Channels
South Africa Veterinary Medicine Country Outlook (Revenue, USD Million, 2018 - 2030)
• South Africa
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