Analyst Q&A: Animal Pharm Part 1

Analyst Q&A: Animal Pharm Part 1

The focus of this week’s Analyst Q&A is animal health and nutrition. We cover a wide range of topics, from the fast-growing aquaculture health industry to the role phosphates play in animal feed and nutrition.

Our expert is Dr. Alan Bullion, Special Reports and Projects Director for Informa Agribusiness Intelligence. Animal Pharm, one of their publishing arms, is a leading online service for animal health and business intelligence, providing the latest news, company information, data and expert analysis.

In Part 1 of our chat with Dr. Bullion, he explains why vaccines are one of the few bright spots in an otherwise challenging market in India and why the aquaculture health industry is of increasing interest to the mainstream animal health sector.

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Q. What are the key trends in the animal vaccine market in 2016? Why does the Indian animal vaccine market represent a high growth opportunity for prospective players?

There are currently very low levels of usage and availability of animal vaccines in India, so this is expected to become the most important therapeutic market segment over coming years.

The growth of a middle class with a large disposable income and increased ownership of companion animals (pets), as well as meat and dairy consumption are key drivers in India, plus barriers to entry are generally lower than in more mature markets.

New molecular technologies are continuously developing which will enable the development of safer and more effective vaccines through more precise targeting of specific immune mechanisms. Already the sciences of genomics, proteomics and bioinformatics have played a big part in these advances, a trend that will continue.

Q. How will the aquaculture health industry evolve over the next 5 years?

Aquaculture is a fast-growing sector and crucial source of protein across the world, but especially in the Asia Pacific region. As a result, the aquaculture medicines industry continues to evolve, as demonstrated by the entry and expansion of the big global players in this market.

A wide range of diseases affect fish and shrimp production, which include viruses, bacteria, parasites and fungi. To effectively combat these, there are an increasing range of products including antimicrobials, probiotics, bacteriophages, immunostimulants, and antiparasitics.

There are also vaccines for viral and bacterial disease, and specialized techniques including immersion, oral, administration and novel delivery systems, as well as fast growing diagnostics segment for early intervention, which will grow significantly over the next five years and more.  

CONCLUSION

As we can see from Dr. Bullion’s answers, there are a lot of exciting developments in the animal health and nutrition industry. Due to the low availability of animal vaccines, the Indian market represents a high growth opportunity for prospective players. For those seeking to either invest in or know more about entering the fast-growing Indian animal health market, Animal Pharm have published an indispensable guide to the market and its vital vaccines segment.

We spoke about the aquaculture market in medicines for aquaculture, which is already estimated to be worth around US$500 million.

Don’t forget to check back tomorrow for Part 2. We will be putting more questions to our expert, including:

  • What impact will population increases in Africa have on the animal health market?
  • What role do phosphates play in animal feed and nutrition?
  • And are phosphates having a particular impact in emerging markets like China?


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