[Ranking] TOP 25 Animal Health / Healthcare Companies Q3/2023
Intro
The Animal Health industry plays a vital role in the global economy, providing essential healthcare services to animals and contributing to the overall well-being of society.
With its profound influence, the Animal Health industry has far-reaching effects across diverse sectors, including agriculture, veterinary medicine, and pharmaceuticals.
The economic magnitude of the Animal Health industry is substantial, with a steady upward trajectory. According to recent reports, the industry is expected to reach a market value of $XX billion by XX, driven by increasing pet ownership, growing concerns about zoonotic diseases, and advancements in veterinary care.
In recent years, the Animal Health industry has witnessed notable trends and breakthroughs, such as the development of innovative vaccines, improved diagnostic techniques, and the integration of technology in animal healthcare. However, it also faces obstacles like regulatory challenges, antimicrobial resistance, and the impact of climate change on animal health.
The landscape of the Animal Health industry is constantly evolving, driven by scientific advancements, changing consumer preferences, and emerging diseases. This dynamic nature sets the context for exploring the top companies in the sub-industry, as they navigate these challenges and strive for excellence in providing animal healthcare solutions.
Ranking
#25 Kindred Biosciences, Inc.
Employees: 0.1K
Revenue: 2.5M$
Website: https://kindredbio.com
Description: Kindred Biosciences, Inc. is a biopharmaceutical company specializing in the development of innovative drugs for the animal health industry. Founded in 2012 and headquartered in San Francisco, United States, Kindred Biosciences aims to improve the lives of companion animals by providing safe and effective treatments. The company focuses on developing biologics, small molecules, and genetically engineered proteins to address a wide range of veterinary diseases. With a team of approximately 100 employees, Kindred Biosciences has successfully brought several products to market and continues to advance its pipeline of novel therapeutics for animals. The company's revenue reached 2.5 million dollars, demonstrating its commitment to driving growth and innovation in the animal health sector.
#24 Zomedica Pharmaceuticals Corp.
Employees: 0.1K
Revenue: 10M$
Website: https://www.zomedica.com/
Description: Zomedica Pharmaceuticals Corp. is a company operating in the Animal Health industry. Headquartered in Ann Arbor, United States, Zomedica focuses on developing and commercializing innovative veterinary diagnostic and pharmaceutical products. The company was founded in 2015 and currently has approximately 100 employees. With a revenue of 10 million dollars, Zomedica aims to address unmet needs in the animal health market and provide veterinarians with advanced tools and treatments to improve animal care. Through their website, zomedica.com, the company showcases their products and provides information to veterinarians and pet owners. Zomedica Pharmaceuticals Corp. is committed to advancing animal health and contributing to the overall well-being of animals worldwide.
#23 ImmuCell Corporation
Employees: 0.1K
Revenue: 15M$
Website: https://www.immucell.com
Description: ImmuCell Corporation is a leading player in the Animal Health industry, operating in the Healthcare sector. Headquartered in Portland, United States, the company was founded in 1982. With a dedicated team of approximately 100 employees, ImmuCell focuses on developing and manufacturing innovative products for the prevention and treatment of diseases in livestock. Their portfolio includes products for bovine mastitis, calf scours, and other critical conditions that impact animal health and productivity. ImmuCell's revenue stands at an estimated 15 million dollars, reflecting their strong presence and success in the Animal Health market.
#22 Neogenix Oncology, Inc.
Employees: 0.5K
Revenue: 50M$
Website: https://www.neogenix.com
Description: Neogenix Oncology, Inc. is a leading company in the Animal Health industry, specializing in the development and commercialization of innovative oncology solutions for animals. Headquartered in Madison, United States, Neogenix Oncology was founded in 2005 with a mission to improve the lives of animals suffering from cancer. With a dedicated team of 500 employees, the company focuses on researching and developing novel therapies and diagnostics for various types of cancers in animals. Neogenix Oncology has achieved significant success in the market, generating an annual revenue of 50 million dollars. Through their cutting-edge products and services, the company aims to provide veterinarians and pet owners with effective and compassionate treatment options to combat cancer in animals.
#21 Animalcare Group PLC
Employees: 0.2K
Revenue: 50M$
Website: https://www.animalcaregroup.com
Description: Animalcare Group PLC, headquartered in York, United Kingdom, operates in the Animal Health industry. Since its foundation in 1988, the company has been dedicated to improving the health and well-being of animals. With a team of approximately 200 employees, Animalcare focuses on the development, manufacture, and distribution of veterinary pharmaceuticals and animal identification products. Their portfolio includes a wide range of products such as treatments for companion animals, farm animals, and equine health. Animalcare Group PLC strives to provide innovative solutions to veterinarians, livestock farmers, and pet owners worldwide, ensuring the highest standards of animal care. With a revenue of around 50 million dollars, Animalcare continues to contribute to the advancement of the Animal Health industry.
#20 Biogénesis Bagó
Employees: 1.2K
Revenue: 250M$
Website: https://www.biogenesisbago.com/
Description: Biogénesis Bagó is a leading player in the Animal Health industry, operating from its headquarters in Buenos Aires, Argentina. Since its establishment in 1998, the company has focused on developing innovative solutions to address the healthcare needs of animals. With a dedicated team of approximately 1.2 thousand employees, Biogénesis Bagó is committed to improving the well-being and productivity of livestock and pets. The company generates an estimated revenue of 250 million dollars through its wide range of animal health products and services, which include vaccines, pharmaceuticals, and diagnostics. Biogénesis Bagó has established itself as a trusted partner for veterinarians, farmers, and animal owners, contributing to the advancement of animal health and welfare in South America and beyond.
#19 Eco Animal Health Group PLC
Employees: 1.2K
Revenue: 250M$
Website: https://www.ecoanimalhealthgroupplc.com/
Description: Eco Animal Health Group PLC is a leading player in the Animal Health industry. Headquartered in London, United Kingdom, the company has been operating since 1972. With a team of approximately 1.2 thousand employees, Eco Animal Health Group PLC focuses on developing, registering, and marketing animal health products globally. Their product portfolio includes pharmaceuticals and vaccines for a wide range of animals, including poultry, pigs, cattle, and companion animals. The company's revenue stands at around 250 million dollars. With a strong emphasis on research and development, Eco Animal Health Group PLC strives to provide innovative solutions to improve the health and well-being of animals, contributing to the overall advancement of the healthcare industry.
#18 Neogen Corporation
Employees: 1.2K
Revenue: 250M$
Website: https://www.neogen.com
Description: Neogen Corporation, headquartered in Lansing, United States, is a leading player in the Animal Health industry. The company was founded in 1982 and currently employs approximately 1.2 thousand people. With a revenue of 250 million dollars, Neogen Corporation offers a wide range of products and services related to animal health. Their portfolio includes diagnostics, genetic testing, pharmaceuticals, and biosecurity solutions. Neogen is committed to improving animal safety and food quality, providing innovative solutions to address the challenges faced by the healthcare industry in animal health. Their expertise and dedication make them a trusted partner for veterinarians, farmers, and food processors worldwide.
#17 Heska Corporation
Employees: 1.2K
Revenue: 275M$
Website: https://www.heska.com
Description: Heska Corporation, headquartered in Loveland, United States, is a prominent player in the Animal Health industry. Established in 1988, the company has grown to become a leading provider of advanced veterinary diagnostic and specialty products. With a workforce of approximately 1.2 thousand employees, Heska is dedicated to improving animal care through innovative solutions. The company generates an impressive revenue of 275 million dollars, focusing on developing and manufacturing products for the diagnosis and treatment of diseases in companion animals. Heska's commitment to delivering high-quality veterinary products has solidified its position as a trusted partner in the healthcare ecosystem, ensuring the well-being of animals across North America and beyond.
#16 Vetoquinol
Employees: 2.5K
Revenue: 400M$
Website: https://www.vetoquinol.com
Description: Vetoquinol, headquartered in Lure, France, is a leading player in the Animal Health industry. With a history dating back to 1933, the company has established itself as a trusted provider of veterinary pharmaceutical products. Vetoquinol operates in Europe and around the world, offering a wide range of solutions for the health and well-being of animals. Their products include medications, vaccines, and nutritional supplements for pets, livestock, and aquaculture. With a team of approximately 2.5 thousand employees, Vetoquinol is committed to improving animal health through innovation and research. The company generates an estimated revenue of 400 million dollars, contributing significantly to the global animal healthcare market.
#15 Protix
Employees: 100K
Revenue: 500M$
Website: https://www.protix.com
Description: Protix is a leading player in the Animal Health industry, focusing on providing innovative healthcare solutions for animals. With headquarters in New York City, United States, Protix has been operating since 2010. The company boasts a workforce of approximately 100,000 employees, dedicated to improving animal health and well-being. Protix generates an impressive annual revenue of 500 million dollars, reinforcing its position as a key player in the industry. Through their cutting-edge research and development, Protix aims to address the diverse healthcare needs of animals, contributing to the overall advancement of the Animal Health sector.
#14 PetIQ, Inc.
Employees: 2K
Revenue: 500M$
Website: https://www.petiq.com
Description: PetIQ, Inc. is a leading company in the Animal Health industry. Based in Eagle, United States, PetIQ operates in the healthcare sector, specifically focusing on the health and well-being of animals. Founded in 2010, PetIQ has grown to have approximately 2,000 employees. The company generates a revenue of around 500 million dollars. PetIQ offers a wide range of products and services aimed at providing high-quality veterinary care and pet wellness solutions. Their offerings include pet medications, over-the-counter health products, and veterinary services such as vaccinations and wellness exams. PetIQ is committed to improving the lives of animals through accessible and affordable healthcare options.
#13 ANI Pharmaceuticals, Inc.
Employees: 1.2K
Revenue: 700M$
Website: https://www.anipharmaceuticals.com
Description: ANI Pharmaceuticals, Inc., headquartered in Baudette, United States, is a leading company in the Animal Health industry. Founded in 2001, the company has grown to employ approximately 1.2 thousand employees. With an impressive revenue of 700 million dollars, ANI Pharmaceuticals focuses on delivering high-quality healthcare products and solutions for animals. Their commitment to animal health is reflected in their diverse portfolio of innovative veterinary medicines, vaccines, and nutritional supplements. ANI Pharmaceuticals operates with a vision to improve the well-being and quality of life for animals, offering a range of products that address the various needs of pets, livestock, and other animals. Through their dedication to research, development, and manufacturing, ANI Pharmaceuticals continues to contribute to the advancement of the Animal Health industry.
#12 Abaxis, Inc.
Employees: 1.2K
Revenue: 800M$
Website: https://www.abaxis.com/
Description: Abaxis, Inc. is a prominent player in the Animal Health industry, offering innovative healthcare solutions for animals. Based in Union City, United States, Abaxis was founded in 1989. With a workforce of approximately 1.2K employees, the company is dedicated to providing high-quality products and services to veterinary professionals worldwide. Abaxis specializes in the development, manufacture, and marketing of point-of-care blood analysis systems for animals, enabling rapid and accurate diagnostic results. Their advanced technology and comprehensive product portfolio make them a trusted partner in the animal healthcare sector. With an annual revenue of 800M$, Abaxis continues to drive advancements in animal diagnostics, contributing to the well-being and health of animals globally.
#11 Norbrook
Employees: 1.5K
Revenue: 800M$
Website: https://www.norbrook.com
Description: Norbrook is a leading player in the Animal Health industry, operating from their headquarters in Newry, United Kingdom. Founded in 1969, the company has established itself as a trusted provider of veterinary pharmaceuticals and animal health products. With approximately 1.5K employees, Norbrook is dedicated to improving the health and well-being of animals through innovative solutions and high-quality products. The company's revenue stands at around 800M$, reflecting its strong market presence and customer demand for their offerings. Norbrook's commitment to research and development, coupled with their extensive product portfolio, positions them as a key contributor to the Healthcare industry within the Animal Health sector.
#10 Phibro Animal Health Corporation
Employees: 1.5K
Revenue: 800M$
Website: https://www.phibroah.com/
Description: Phibro Animal Health Corporation is a leading global provider of animal health and nutrition products. Based in Teaneck, United States, the company operates in the Animal Health industry. With a history dating back to 1946, Phibro has extensive expertise in developing and manufacturing a wide range of pharmaceuticals, vaccines, and nutritional products for livestock, poultry, and aquaculture. The company's offerings aim to enhance animal productivity, improve health outcomes, and promote sustainable practices in animal agriculture. Phibro's commitment to research and innovation drives its development of novel solutions that address the evolving needs of the industry. With approximately 1.5K employees, Phibro Animal Health Corporation generates an annual revenue of around 800 million dollars.
#9 Dechra Pharmaceuticals PLC
Employees: 2.1K
Revenue: 1.2B$
Website: https://www.dechra.com/
Description: Dechra Pharmaceuticals PLC, headquartered in Northwich, United Kingdom, is a leading player in the Animal Health industry. Since its establishment in 1997, the company has focused on developing and marketing pharmaceutical products exclusively for animals. With a workforce of approximately 2,100 employees, Dechra Pharmaceuticals is dedicated to improving the health and well-being of animals worldwide. The company offers a wide range of veterinary medicines and related products, catering to various animal species, including dogs, cats, horses, and farm animals. Dechra Pharmaceuticals generates substantial revenue, with an annual turnover of around 1.2 billion US dollars. Committed to innovation and quality, the company strives to provide effective and safe solutions for veterinarians and pet owners, ultimately contributing to the advancement of animal healthcare.
#8 Ceva Santé Animale
Employees: 7.5K
Revenue: 1.2B$
Website: https://www.ceva.com/
Description: Ceva Santé Animale, headquartered in Libourne, France, is a leading company in the animal health industry. Founded in 1999, the company focuses on the development, production, and marketing of pharmaceutical products and vaccines for companion animals, livestock, and poultry. With a workforce of approximately 7.5 thousand employees, Ceva Santé Animale is dedicated to improving the health and well-being of animals worldwide. The company's revenue stands at 1.2 billion US dollars, demonstrating its strong position in the market. Ceva Santé Animale's commitment to innovation and sustainability has enabled it to establish a global presence and deliver high-quality solutions for the healthcare needs of animals.
#7 Virbac
Employees: 4.6K
Revenue: 1.2B$
Website: https://www.virbac.com/
Description: Virbac is a leading animal health company based in Carros, France. With a history dating back to 1968, Virbac has become a trusted name in the healthcare industry. The company specializes in developing, manufacturing, and distributing a wide range of products for the health and well-being of animals. Their portfolio includes pharmaceuticals, vaccines, parasiticides, and other solutions for pets, livestock, and aquaculture. Virbac operates globally, with a strong presence in Europe, the Americas, and Asia-Pacific. With over 4.6K employees, the company is dedicated to providing innovative solutions that contribute to the overall health of animals and the satisfaction of their owners.
#6 Elanco Animal Health Incorporated
Employees: 6.5K
Revenue: 2.3B$
Website: https://www.elanco.com
Description: Elanco Animal Health Incorporated, headquartered in Greenfield, United States, is a leading company operating in the Animal Health industry. Established in 1954, Elanco specializes in providing innovative solutions for animal health and well-being. With a workforce of approximately 6,500 employees, Elanco is committed to improving the health and productivity of animals, including livestock and pets. The company offers a wide range of products and services, including vaccines, therapeutics, and nutritional supplements for various animal species. Elanco's revenue in 2020 reached 2.3 billion dollars, demonstrating its significant presence in the market and dedication to advancing animal health globally.
#5 Bayer Animal Health
Employees: 10K
Revenue: 2.3B$
Website: https://www.animalhealth.bayer.com/
Description: Bayer Animal Health, headquartered in Leverkusen, Germany, is a major player in the Animal Health industry. Established in 1919, the company has a long history of providing innovative healthcare solutions for animals. With a workforce of approximately 10,000 employees, Bayer Animal Health is committed to improving the well-being of animals through the development and distribution of high-quality veterinary medicines and products. The company's revenue stands at an impressive 2.3 billion US dollars. Leveraging its expertise in healthcare, Bayer Animal Health continues to contribute to the advancement of animal health and welfare globally.
#4 Boehringer Ingelheim Animal Health
Employees: 10K
Revenue: 2.5B$
Website: https://www.boehringer-ingelheim.com/animal-health
Description: Boehringer Ingelheim Animal Health, headquartered in Ingelheim, Germany, is a leading company in the animal health industry. Founded in 1954, the company has a strong global presence and is dedicated to improving the health and well-being of animals. Boehringer Ingelheim Animal Health offers a wide range of innovative products and solutions for the prevention and treatment of diseases in both pets and livestock. With a workforce of approximately 10,000 employees, the company is committed to research and development, continuously advancing veterinary medicine. Boehringer Ingelheim Animal Health generates an annual revenue of around 2.5 billion US dollars, making it a key player in the animal health sector.
#3 IDEXX Laboratories, Inc.
Employees: 9.4K
Revenue: 2.6B$
Website: https://www.idexx.com/
Description: IDEXX Laboratories, Inc. is a leading company in the Animal Health industry. Headquartered in Westbrook, United States, the company was founded in 1983. With a workforce of approximately 9.4 thousand employees, IDEXX Laboratories operates globally, providing innovative diagnostic and software solutions for veterinarians. The company's products and services cover a wide range of areas in animal health, including diagnostics, water testing, microbiology, and reference laboratory services. IDEXX Laboratories is dedicated to improving the health and well-being of animals, offering advanced technology and expertise to support veterinarians in their diagnostic and treatment decisions. With a revenue of 2.6 billion dollars, IDEXX Laboratories continues to be a prominent player in the Animal Health industry, driving advancements and innovation in veterinary diagnostics and healthcare.
#2 Zoetis Inc.
Employees: 11K
Revenue: 6.3B$
Website: https://www.zoetis.com/
Description: Zoetis Inc. is a leading animal health company based in Parsippany, United States. With a history dating back to 1952, Zoetis specializes in the discovery, development, manufacture, and marketing of veterinary vaccines, medicines, and diagnostics for livestock and companion animals. The company operates globally, providing a wide range of products and services to veterinarians, livestock producers, and pet owners. Zoetis is committed to improving the health and well-being of animals, contributing to the overall advancement of the animal health industry. With over 11,000 employees worldwide, Zoetis generates annual revenue of 6.3 billion dollars, positioning itself as a key player in the animal health sector.
#1 Merck & Co., Inc.
Employees: 69K
Revenue: 45B$
Website: https://www.merck.com/
Description: Merck & Co., Inc., headquartered in Kenilworth, United States, is a leading company in the Animal Health industry. Founded in 1891, the company has a rich history of providing innovative healthcare solutions for animals. With a workforce of approximately 69,000 employees, Merck & Co., Inc. is dedicated to improving the health and well-being of animals around the world. The company generates an impressive annual revenue of 45 billion US dollars, reflecting its strong position in the market. Through its research, development, and manufacturing capabilities, Merck & Co., Inc. delivers a wide range of products and services that contribute to the advancement of animal health and the overall veterinary industry.
Summary
The animal health industry is a thriving sector within the broader healthcare industry. In recent analysis, several top companies have emerged as leaders in this sub-industry.
One unexpected finding is the significant growth in demand for animal health products and services. This is driven by the increasing awareness of pet owners about the importance of animal health and the rising number of pets worldwide.
Among the premier companies in the animal health sub-industry are Zoetis, Elanco, and Merck Animal Health. These companies have established themselves as key players in the market and have achieved remarkable success.
One shared element among these leading firms is their focus on research and development. They invest heavily in developing innovative products and solutions to address the evolving needs of animals and their owners. This commitment to innovation has allowed them to stay ahead of the competition.
What sets these eminent companies apart from their industry rivals is their global presence and extensive distribution networks. They have managed to establish a strong foothold in multiple regions, enabling them to reach a wide customer base and expand their market share.