The India animal health market size reached INR 80.0 Billion in 2023. Looking forward, the publisher expects the market to reach INR 160.5 Billion by 2032, exhibiting a CAGR of 8.04% during 2023-2032. The growing occurrences of zoonotic diseases, the increasing investment by the government authorities to enhance animal healthcare, and extensive research and development (R&D) activities conducted by key players are some of the major factors propelling the market.
Animal health refers to the overall well-being and physical condition of animals, encompassing both domesticated and wild species. It involves maintaining and promoting optimal health, preventing diseases, and providing appropriate veterinary care. It is essential for various reasons, including ethical considerations, sustainable agriculture, wildlife conservation, and public health. It involves a range of practices, such as regular veterinary check-ups, vaccination programs, proper nutrition, hygiene, disease surveillance, and effective management of parasites and infections.
Health professionals, including veterinarians and animal healthcare workers, are essential in diagnosing and treating illnesses, conducting preventive measures, and educating animal owners and caretakers. Additionally, healthy animals are essential for maintaining food safety, as they form the foundation of the food chain, providing safe and nutritious animal products for human consumption.
The market is primarily driven by the rising occurrences of zoonotic diseases, which is influencing the growth of the market. It is further supported by the flourishing veterinary pharmaceutical industry. Additionally, the Government of India is investing in animal healthcare practices, particularly due to the reliance on animals in the dairy industry. Moreover, governmental and non-governmental organizations (NGOs) are actively engaged in research and development (R&D) activities represent another major growth-inducing factor.
For instance, the Indian Federation of Animal Health Companies (INFAH), established under Section 25 of the Companies Act, plays a significant role in creating awareness about disease control and effective treatments. Besides this, the widespread adoption of feed additives for enhancing health and improving the quality of produce such as milk, meat, and eggs, is another positive factor contributing to the market. Apart from this, the integration of the Internet of Things (IoT) with monitoring solutions is driving the market forward in India.
Besides this, the growing awareness and concern about zoonotic diseases led to increasing demand for animal vaccines, diagnostics, and therapeutics propelling the market growth. The market responded by developing innovative solutions to address these diseases, driving the market growth. Apart from this, governments and numerous organizations are investing in infrastructure and policies to prevent and manage zoonotic diseases, including improving veterinary services, implementing biosecurity measures, and promoting responsible animal husbandry practices which is augmenting the market growth.
Along with this, the extensive use of data analytics, artificial intelligence (AI), and machine learning (ML) algorithms is transforming animal health management. These technologies can analyze vast amounts of data to identify patterns, predict disease outbreaks, and optimize treatment protocols. Furthermore, biotechnology innovations, such as gene editing and regenerative medicine, hold promise for developing novel therapies and vaccines for animal diseases is creating a positive market outlook.
Commercial animals include livestock such as cattle, swine, poultry, and aquaculture species, which are raised for food production or other commercial purposes. In addition, the increasing demand for animal-derived products, driven by the growing population, rising disposable incomes, and changing dietary preferences is influencing the market growth. This demand necessitates the maintenance of healthy and productive commercial animal populations to meet the increasing food requirements.
Besides this, the increasing need for effective disease prevention, vaccination, and treatment in commercial animal farming is essential to maintain productivity and prevent economic losses, accelerating market growth. Additionally, the commercial animal sector has larger economies of scale, allowing for more extensive investments in animal health technologies, research, and development (R&D), which also benefits from established supply chains, distribution networks, and veterinary services, further contributing to its dominance in the market.
Vaccines are essential for preventing and controlling numerous infectious diseases in animals, contributing significantly to their health and well-being. It also offers a proactive approach to disease management by stimulating an animal's immune system to produce protective antibodies against specific pathogens. This helps in preventing the occurrence and spread of diseases within animal populations. Vaccines are widely used in both livestock and companion animal sectors, including poultry, cattle, swine, and dogs, among others.
Besides this, the growing awareness about the benefits of vaccination, increased focus on disease prevention, and stringent regulations regarding animal health contribute to the growing demand for vaccines. Additionally, the emergence of new and more effective vaccines, along with ongoing research and development (R&D) in the field, further fuels the market growth of vaccines within the industry.
Pharmacies and drug stores dominate the distribution channel in the market, contributing significantly to its growth. These establishments are essential points of access for animal owners to obtain veterinary pharmaceuticals, over-the-counter medications, and other healthcare products for their animals. Moreover, pharmacies and drug stores offer several advantages, they provide convenient locations for customers to purchase health products, often with extended operating hours. This accessibility makes it easier for pet owners and livestock producers to obtain the necessary medications and supplies for their animals, which contributes to market growth.
Besides this, pharmacies and drug stores often have well-trained staff who can provide guidance and recommendations on these products and can offer valuable advice on proper usage, dosage, and potential interactions with other medications, ensuring the well-being and safety of the animals, thus propelling the market growth. Along with this, they typically maintain several animal health products, including vaccines, parasite control treatments, nutritional supplements, and wound care supplies, augmenting the market growth.
Uttar Pradesh has a significant livestock population, including cattle, buffalo, sheep, goats, and poultry, influencing the market growth. The state also has a thriving dairy industry, with a large number of dairy farms and milk production units. In addition, Uttar Pradesh's agricultural and rural economy heavily relies on livestock, making animal health a priority for farmers and livestock owners augmenting the market growth. Along with this, the state government implemented several initiatives and programs to promote animal healthcare, including vaccination campaigns, disease surveillance, and training programs for veterinary professionals propelling the market growth.
Besides this, Uttar Pradesh's strategic location and well-connected transportation networks facilitate the distribution of these products and services across the state. Also, the presence of veterinary universities, research institutes, and pharmaceutical companies further contributes to the growth of the animal health market in Uttar Pradesh.
This includes strengthening relationships with veterinary clinics, livestock farmers, and government agencies to ensure the widespread availability of their products and services. Furthermore, Key players are engaging in strategic partnerships, collaborations, and acquisitions to expand their product portfolio, access new markets, or gain technological expertise which helps them strengthen their position and improve their competitive advantage across the country.
The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
2. What is the expected growth rate of the India animal health market during 2024-2032?
3. What are the key factors driving the India animal health market?
4. What has been the impact of COVID-19 on the India animal health market?
5. What is the breakup of the India animal health market based on the animal type?
6. What is the breakup of the India animal health market based on the product type?
7. What is the breakup of the India animal health market based on the distribution channel?
8. What are the key regions in the India animal health market?
9. Who are the key players/companies in the India animal health market?
Animal health refers to the overall well-being and physical condition of animals, encompassing both domesticated and wild species. It involves maintaining and promoting optimal health, preventing diseases, and providing appropriate veterinary care. It is essential for various reasons, including ethical considerations, sustainable agriculture, wildlife conservation, and public health. It involves a range of practices, such as regular veterinary check-ups, vaccination programs, proper nutrition, hygiene, disease surveillance, and effective management of parasites and infections.
Health professionals, including veterinarians and animal healthcare workers, are essential in diagnosing and treating illnesses, conducting preventive measures, and educating animal owners and caretakers. Additionally, healthy animals are essential for maintaining food safety, as they form the foundation of the food chain, providing safe and nutritious animal products for human consumption.
The market is primarily driven by the rising occurrences of zoonotic diseases, which is influencing the growth of the market. It is further supported by the flourishing veterinary pharmaceutical industry. Additionally, the Government of India is investing in animal healthcare practices, particularly due to the reliance on animals in the dairy industry. Moreover, governmental and non-governmental organizations (NGOs) are actively engaged in research and development (R&D) activities represent another major growth-inducing factor.
For instance, the Indian Federation of Animal Health Companies (INFAH), established under Section 25 of the Companies Act, plays a significant role in creating awareness about disease control and effective treatments. Besides this, the widespread adoption of feed additives for enhancing health and improving the quality of produce such as milk, meat, and eggs, is another positive factor contributing to the market. Apart from this, the integration of the Internet of Things (IoT) with monitoring solutions is driving the market forward in India.
India Animal Health Market Trends/Drivers:
The growing occurrences of zoonotic diseases
Zoonotic diseases are infections that can be transmitted from animals to humans, posing significant health risks. In addition, the recent outbreaks of zoonotic diseases such as avian influenza, Ebola, and the coronavirus (COVID-19) highlighted the importance of proactive health measures, influencing the market growth. Moreover, preventing and controlling zoonotic diseases requires effective surveillance, diagnosis, and treatment in animals. Investing in animal health ensures early detection and containment of potential outbreaks, reducing the risk of transmission to humans.Besides this, the growing awareness and concern about zoonotic diseases led to increasing demand for animal vaccines, diagnostics, and therapeutics propelling the market growth. The market responded by developing innovative solutions to address these diseases, driving the market growth. Apart from this, governments and numerous organizations are investing in infrastructure and policies to prevent and manage zoonotic diseases, including improving veterinary services, implementing biosecurity measures, and promoting responsible animal husbandry practices which is augmenting the market growth.
Various technological advancements
Emerging technological advancements are driving the market due to their potential to revolutionize various aspects of animal healthcare. These advancements offer innovative solutions for disease prevention, diagnosis, treatment, and management, leading to improved outcomes and efficiency in practices. Moreover, the development of advanced diagnostic tools and imaging techniques, allows more accurate and rapid detection of diseases, allowing veterinarians to make timely and informed decisions for treatment representing another major growth-inducing factor. Additionally, telemedicine and remote monitoring technologies enable real-time consultations and continuous monitoring of health, even in remote areas, propelling the market growth.Along with this, the extensive use of data analytics, artificial intelligence (AI), and machine learning (ML) algorithms is transforming animal health management. These technologies can analyze vast amounts of data to identify patterns, predict disease outbreaks, and optimize treatment protocols. Furthermore, biotechnology innovations, such as gene editing and regenerative medicine, hold promise for developing novel therapies and vaccines for animal diseases is creating a positive market outlook.
India Animal Health Industry Segmentation:
The publisher provides an analysis of the key trends in each segment of the India animal health market report, along with forecasts at the country levels from 2024-2032. Our report has categorized the market based on animal type, product type and distribution channel.Breakup by Animal Type:
- Commercial
- Companion
Commercial hold the largest share in the market
Commercial animals include livestock such as cattle, swine, poultry, and aquaculture species, which are raised for food production or other commercial purposes. In addition, the increasing demand for animal-derived products, driven by the growing population, rising disposable incomes, and changing dietary preferences is influencing the market growth. This demand necessitates the maintenance of healthy and productive commercial animal populations to meet the increasing food requirements.
Besides this, the increasing need for effective disease prevention, vaccination, and treatment in commercial animal farming is essential to maintain productivity and prevent economic losses, accelerating market growth. Additionally, the commercial animal sector has larger economies of scale, allowing for more extensive investments in animal health technologies, research, and development (R&D), which also benefits from established supply chains, distribution networks, and veterinary services, further contributing to its dominance in the market.
Breakup by Product Type:
- Anti-Bacterial/Antibiotic
- Anti-Chronic Respiratory
- Anticoccidials
- Dewormers/Anthelmintics
- Disinfectants
- Enzymes
- Fly-Binder/Control
- Growth Promoters
- Gut Health (also includes probiotics, prebiotics)
- Liver Tonics
- Nutritional Supplements
- Toxin Binders/Immunomodulators/Mold inhibitors
- Vaccines
- Vitamins/ Minerals/ Amino Acids
- Diagnostics
Vaccines dominate the market
Vaccines are essential for preventing and controlling numerous infectious diseases in animals, contributing significantly to their health and well-being. It also offers a proactive approach to disease management by stimulating an animal's immune system to produce protective antibodies against specific pathogens. This helps in preventing the occurrence and spread of diseases within animal populations. Vaccines are widely used in both livestock and companion animal sectors, including poultry, cattle, swine, and dogs, among others.
Besides this, the growing awareness about the benefits of vaccination, increased focus on disease prevention, and stringent regulations regarding animal health contribute to the growing demand for vaccines. Additionally, the emergence of new and more effective vaccines, along with ongoing research and development (R&D) in the field, further fuels the market growth of vaccines within the industry.
Breakup by Distribution Channel:
- Veterinary Hospitals
- Veterinary Clinics
- Pharmacies and Drug Stores
- Others
Animal health products are widely distributed through pharmacies and drug stores
Pharmacies and drug stores dominate the distribution channel in the market, contributing significantly to its growth. These establishments are essential points of access for animal owners to obtain veterinary pharmaceuticals, over-the-counter medications, and other healthcare products for their animals. Moreover, pharmacies and drug stores offer several advantages, they provide convenient locations for customers to purchase health products, often with extended operating hours. This accessibility makes it easier for pet owners and livestock producers to obtain the necessary medications and supplies for their animals, which contributes to market growth.
Besides this, pharmacies and drug stores often have well-trained staff who can provide guidance and recommendations on these products and can offer valuable advice on proper usage, dosage, and potential interactions with other medications, ensuring the well-being and safety of the animals, thus propelling the market growth. Along with this, they typically maintain several animal health products, including vaccines, parasite control treatments, nutritional supplements, and wound care supplies, augmenting the market growth.
Breakup by Region:
- Uttar Pradesh
- Rajasthan
- Madhya Pradesh
- Bihar
- Andhra Pradesh
- Gujarat
- Others
Uttar Pradesh exhibits a clear dominance in the market, accounting for the largest India animal health market share
Uttar Pradesh has a significant livestock population, including cattle, buffalo, sheep, goats, and poultry, influencing the market growth. The state also has a thriving dairy industry, with a large number of dairy farms and milk production units. In addition, Uttar Pradesh's agricultural and rural economy heavily relies on livestock, making animal health a priority for farmers and livestock owners augmenting the market growth. Along with this, the state government implemented several initiatives and programs to promote animal healthcare, including vaccination campaigns, disease surveillance, and training programs for veterinary professionals propelling the market growth.
Besides this, Uttar Pradesh's strategic location and well-connected transportation networks facilitate the distribution of these products and services across the state. Also, the presence of veterinary universities, research institutes, and pharmaceutical companies further contributes to the growth of the animal health market in Uttar Pradesh.
Competitive Landscape:
Key players in the market are employing various strategies to strengthen their position and remain competitive. Leading companies are investing heavily in research and development (R&D) to develop innovative animal health products, including vaccines, therapeutics, diagnostics, and nutritional supplements. Moreover, companies are focusing on expanding their distribution networks and sales channels to reach a wider customer base across different regions in India.This includes strengthening relationships with veterinary clinics, livestock farmers, and government agencies to ensure the widespread availability of their products and services. Furthermore, Key players are engaging in strategic partnerships, collaborations, and acquisitions to expand their product portfolio, access new markets, or gain technological expertise which helps them strengthen their position and improve their competitive advantage across the country.
The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
- Bayer CropScience Limited
- Boehringer Ingelheim Animal Health
- Cargill India Pvt. Ltd.
- Merck
- Ceva Sante Animale
- Elanco India Private Limited
- Virbac Animal Health India Pvt Ltd.
Key Questions Answered in This Report
1. What was the size of the India animal health market in 2023?2. What is the expected growth rate of the India animal health market during 2024-2032?
3. What are the key factors driving the India animal health market?
4. What has been the impact of COVID-19 on the India animal health market?
5. What is the breakup of the India animal health market based on the animal type?
6. What is the breakup of the India animal health market based on the product type?
7. What is the breakup of the India animal health market based on the distribution channel?
8. What are the key regions in the India animal health market?
9. Who are the key players/companies in the India animal health market?
Table of Contents
1 Preface3 Executive Summary12 India Animal Health Industry: Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Animal Health Market
6 India Animal Health Market
7 Market Breakup by Animal Type
8 Market Breakup by Product Type
9 Market Breakup by Distribution Channel
10 Market Breakup by Region
11 India Animal Health Industry: SWOT Analysis
13 India Animal Health Industry: Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Bayer CropScience Limited
- Boehringer Ingelheim Animal Health
- Cargill India Pvt. Ltd.
- Merck
- Ceva Sante Animale
- Elanco India Private Limited
- Virbac Animal Health India Pvt Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 112 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( INR | INR 80 Billion |
| Forecasted Market Value ( INR | INR 160.5 Billion |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | India |
| No. of Companies Mentioned | 7 |
