The global animal biotechnology market is forecasted to increase to around 60 billion U.S. dollars by the early 2030s. The animal biotech industry is composed of many different sectors and focuses on both companion animals and food animals. In 2023, the animal health market was estimated at 27 billion U.S. dollars.
Global animal biotechnology market forecast from 2023 to 2032
(in billion U.S. dollars)
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BioSpace. (August 26, 2024). Global animal biotechnology market forecast from 2023 to 2032 (in billion U.S. dollars) [Graph]. In Statista. Retrieved March 15, 2025, from https://www.statista.com/statistics/1558920/global-animal-biotechnology-market-forecast/?__sso_cookie_checker=failed
BioSpace. "Global animal biotechnology market forecast from 2023 to 2032 (in billion U.S. dollars)." Chart. August 26, 2024. Statista. Accessed March 15, 2025. https://www.statista.com/statistics/1558920/global-animal-biotechnology-market-forecast/?__sso_cookie_checker=failed
BioSpace. (2024). Global animal biotechnology market forecast from 2023 to 2032 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: March 15, 2025. https://www.statista.com/statistics/1558920/global-animal-biotechnology-market-forecast/?__sso_cookie_checker=failed
BioSpace. "Global Animal Biotechnology Market Forecast from 2023 to 2032 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Aug 2024, https://www.statista.com/statistics/1558920/global-animal-biotechnology-market-forecast/?__sso_cookie_checker=failed
BioSpace, Global animal biotechnology market forecast from 2023 to 2032 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1558920/global-animal-biotechnology-market-forecast/?__sso_cookie_checker=failed (last visited March 15, 2025)
Global animal biotechnology market forecast from 2023 to 2032 (in billion U.S. dollars) [Graph], BioSpace, August 26, 2024. [Online]. Available: https://www.statista.com/statistics/1558920/global-animal-biotechnology-market-forecast/?__sso_cookie_checker=failed
