In 2023, the European veterinary services market, measured by wages and salaries, varied significantly across countries. The United Kingdom led with 2.47 billion Euros, followed by Germany (1.36 billion Euros) and France (1.25 billion Euros). Smaller markets included countries like Malta (0.0027 billion Euros) and Macedonia (0.002 billion Euros). Notably, Lithuania showed the highest year-on-year growth at 25.46%, while Iceland observed a decline of 3.03%. Over the past five years, compound annual growth rates (CAGR) indicate sustained growth, especially in emerging markets.
Future trends to monitor include technological advances in veterinary services which could lead to higher wage expectations, continued sector growth in Eastern Europe, and potential impacts of economic policies in the EU affecting disposable income and expenditure on pet care and animal health.
Top countries in Wages and Salaries of Veterinary Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,470 | 2023 | +3.69% | +1.84% | View data |
| 2 | 2 Germany | 1,360 | 2023 | +9.5% | +12.27% | View data |
| 3 | 3 France | 1,250 | 2023 | +6.87% | +8.21% | View data |
| 4 | 4 Netherlands | 390.6 | 2023 | +7.63% | +11.01% | View data |
| 5 | 5 Spain | 359.5 | 2023 | +8.02% | +10.25% | View data |
| 6 | 6 Switzerland | 302.7 | 2023 | +4.42% | +7.06% | View data |
| 7 | 7 Sweden | 251.4 | 2023 | +4.66% | +5.96% | View data |
| 8 | 8 Denmark | 197.6 | 2023 | +5.5% | +6.39% | View data |
| 9 | 9 Norway | 131 | 2023 | +4.3% | +4.35% | View data |
| 10 | 10 Ireland | 113.1 | 2023 | +2.54% | +5.78% | View data |
