Zoetis’ Revenue Breakdown by Region (2016-2023)
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This chart shows Zoetis’ Revenue Breakdown by Region, across US, Brazil, China, Australia, UK, Canada, Germany, Japan, Spain, Chile, France, Mexico, Italy, other emerging markets and other developed markets.
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This chart shows Zoetis’ Revenue Breakdown by Region, across US, Brazil, China, Australia, UK, Canada, Germany, Japan, Spain, Chile, France, Mexico, Italy, other emerging markets and other developed markets.
Zoetis’ Revenue Breakdown by Region
| Revenue by Region | Q3 2020 | Q2 2021 | Q3 2021 | Contribution in Q3 2021 |
| US | $996 | $1,004 | $1,065 | 54.09% |
| Brazil | $62 | $75 | $78 | 3.96% |
| China | $66 | $94 | $72 | 3.66% |
| Australia | $60 | $69 | $70 | 3.56% |
| UK | $44 | $43 | $61 | 3.10% |
| Canada | $50 | $67 | $56 | 2.84% |
| Germany | $38 | $50 | $47 | 2.39% |
| Japan | $39 | $50 | $43 | 2.18% |
| Spain | $31 | $33 | $33 | 1.68% |
| Chile | $24 | $34 | $32 | 1.63% |
| France | $29 | $32 | $31 | 1.57% |
| Mexico | $26 | $34 | $31 | 1.57% |
| Italy | $28 | $32 | $30 | 1.52% |
| Other Emerging Markets | $165 | $199 | $193 | 9.80% |
| Other developed markets | $105 | $112 | $127 | 6.45% |
| Total | $1,763 | $1,928 | $1,969 | 100.00% |
(All figures in millions, except percentages)
Zoetis’ total revenue increased from $1,763 million in Q3 2020 to $1,969 million in Q3 2021, marking an 11.7% growth in revenue in a year. The revenue also grew by $41 million, when compared to $1,928 million in Q2 2021, marking a growth of 2% quarterly.
United States
The total revenue from the US had the highest share of 54.1% in the company’s total revenue in Q3 2021. The company’s total revenue increased by $69 million from Q3 2020 to Q3 2021, representing a 7% yearly growth. The revenue also grew by 6% quarterly, from Q2 2021 to Q3 2021.
Brazil
The revenue from this region grew by $16 million from Q3 2020 to Q3 2021, marking a yearly growth of 25.8%. The revenue also grew by 4% quarterly, from Q2 2021 to Q3 2021. This region contributes 3.96% to Q3 2021’s revenue.
China
The total revenue from this region increased by 9% yearly, from Q3 2020 to Q3 2021. On the other hand, there was a decline of $22 million from Q2 2021 to Q3 2021, marking a quarterly fall of 23%. This region contributes 3.66% to the company’s total revenue in Q3 2021.
Australia
The total revenue from Australia increased by 16.7% yearly. fromQ3 2020 to Q3 2021 and by 1.4% quarterly, from Q2 2021 to Q3 2021. This region had a 3.56% share in the company’s revenue.
United Kingdom
The total revenue increased by 38.6% yearly, from Q3 2020 to Q3 2021. The revenue also grew by 42% quarterly, from Q2 2021 to Q3 2021. This region contributes 3.1% to the company’s revenue in Q3 2021.
Canada
The total revenue from Canada grew by 12% yearly, from Q3 2020 to Q3 2021. However, it fell by 16.4% quarterly, from Q2 2021 to Q3 2021. This region contributes 2.84% to the company’s total revenue.
Germany
The revenue grew by 23.7% yearly, from Q3 2020 to Q3 2021. However, the revenue fell by 6% quarterly, from Q2 2021 to Q3 2021. This region accounts for 2.4% of the company’s revenue in Q3 2021.
Japan
The revenue from Japan increased by 10.3% yearly, as compared to Q3 2020. However, it fell by 14% quarterly, from Q2 2021 to Q3 2021. Japan’s contribution to the company’s total revenue stands at 2.18%.
Spain
The total revenue from this region grew by 6.5% yearly, from Q3 2020 to Q3 2021. However, there was no revenue growth from Q2 2021 to Q3 2021. Spain had a share of 1.68% in Q3 2021’s revenue.
Chile
Chile witnessed a 33.33% yearly growth in revenue from Q3 2020 to Q3 2021. But the revenue from this region fell by about 6% quarterly, from Q2 2021 to Q3 2021. Chile had a 1.63% share in revenue.
France
The total revenue from France grew by 7% yearly, from Q3 2020 to Q3 2021. However, it fell by 3% quarterly from Q2 2021 to Q3 2021. France contributes 1.57% to the Q3 2021 revenue.
Mexico
The total revenue from this region grew by 19% yearly, from Q3 2020 to Q3 2021 but also fell by 8.8% quarterly from Q2 2021 to Q3 2021. Mexico also contributes 1.57% to the company’s revenue in Q3 2021.
Italy
The revenue from Italy grew by 7% yearly, from Q3 2020 to Q3 2021 and fell by 6.3% quarterly, from Q2 2021 to Q3 2021. This region had the least share of 1.52% in the company’s revenue.
Other Emerging Markets
The total revenue increased by 17% yearly from Q3 2020. It fell by 3% quarterly, from Q2 2021. Zoetis is taking steps to increase its presence in the emerging markets but those investments are subject to certain risks. The emerging markets contribute 9.8% to the company’s total revenue.
Other Developing Markets
The total revenue increased by 21% yearly from Q3 2020 to Q3 2021. The revenue grew by 13.4% quarterly, from Q2 2021 to Q3 2021. It contributes 6.45% to the company’s revenue in Q3 2021.
About Zoetis Inc
Zoetis is a world leader in the animal health industry and was incorporated in Delaware in 2012. It discovers, manufactures, and develops vaccines, medicines, genetic tests, biodevices, and other livestock technology. The company has diversified across eight core species some of which are dogs, cats, fishes, poultry, sheep, etc. Earlier, the company was a part of Pfizer Inc and has been making advancements in animal health and new solutions for their caretakers for more than 65 years.
The company has around 300 product lines for livestock as well as companion animals. The company’s products improve the quality of life for pets and help veterinarians improve the efficiency of their businesses too. The company through R&D, also develops new biopharmaceuticals, chemicals, and biological entities as part of its growth strategy.
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