The India animal health market size reached INR 73.4 Billion in 2022. Looking forward, the analyst expects the market to reach INR 120.3 Billion by 2028, exhibiting a CAGR of 8.58% during 2022-2028.
Animal health refers to the routine monitoring of the health of livestock and domesticated animals. It involves the development of veterinary drugs, pesticides, feed additives, pharmaceuticals, and biologics. It helps ensure a constant food supply and prevent the outbreak of numerous zoonotic diseases, such as feline leukemia, animal flu, Lyme disease, and tick infestation, caused by viruses, bacteria, and parasites. As it also aids in reducing the chances of inter-species infection among animals, the demand for animal healthcare services is rising across India.
There is currently a significant rise in the prevalence of zoonotic diseases in India. This, coupled with the burgeoning veterinary pharmaceutical industry, represents one of the key factors bolstering the market growth. Moreover, the Government of India is increasing investments in animal healthcare practices as the dairy industry is animal dependent. Besides this, both government and various non-governmental organizations (NGOs) are undertaking research and development (R&D) activities in the field of animal health. For instance, the Indian Federation of Animal Health Companies (INFAH), an organization formed under Section 25 of the Companies Act, works extensively to create awareness about disease control and effective treatments. This, coupled with the widespread adoption of feed additives, which aid in improving the overall animal health and enhancing the quality of the produce, including milk, meat, and eggs, is positively influencing the market. Furthermore, technological advancements, such as the integration of the internet of things (IoT) with animal health monitoring solutions, are driving the market in India. Other factors, including the rising adoption of pets and the increasing utilization of mobile sensors and wearables to monitor animal behavior and health, are fueling the market growth.
2. What is the expected growth rate of the India animal health market during 2023-2028?
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 routine monitoring of the health of livestock and domesticated animals. It involves the development of veterinary drugs, pesticides, feed additives, pharmaceuticals, and biologics. It helps ensure a constant food supply and prevent the outbreak of numerous zoonotic diseases, such as feline leukemia, animal flu, Lyme disease, and tick infestation, caused by viruses, bacteria, and parasites. As it also aids in reducing the chances of inter-species infection among animals, the demand for animal healthcare services is rising across India.
There is currently a significant rise in the prevalence of zoonotic diseases in India. This, coupled with the burgeoning veterinary pharmaceutical industry, represents one of the key factors bolstering the market growth. Moreover, the Government of India is increasing investments in animal healthcare practices as the dairy industry is animal dependent. Besides this, both government and various non-governmental organizations (NGOs) are undertaking research and development (R&D) activities in the field of animal health. For instance, the Indian Federation of Animal Health Companies (INFAH), an organization formed under Section 25 of the Companies Act, works extensively to create awareness about disease control and effective treatments. This, coupled with the widespread adoption of feed additives, which aid in improving the overall animal health and enhancing the quality of the produce, including milk, meat, and eggs, is positively influencing the market. Furthermore, technological advancements, such as the integration of the internet of things (IoT) with animal health monitoring solutions, are driving the market in India. Other factors, including the rising adoption of pets and the increasing utilization of mobile sensors and wearables to monitor animal behavior and health, are fueling the market growth.
Key Market Segmentation:
The analyst provides an analysis of the key trends in each sub-segment of the India animal health market report, along with forecasts at the country and state level from 2023-2028. Our report has categorized the market based on animal type, product type and distribution channel.Breakup by Animal Type:
- Commercial
- Companion
Breakup by Product Type:
- Anti-Bacterial/Antibiotic
- Anti-Chronic Respiratory
- Anticoccidials
- Dewormers/Antihelmintics
- 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
Breakup by Distribution Channel:
- Veterinary Hospitals
- Veterinary Clinics
- Pharmacies and Drug Stores
- Others
Breakup by Region:
- Uttar Pradesh
- Rajasthan
- Madhya Pradesh
- Bihar
- Andhra Pradesh
- Gujarat
- Others
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Bayer CropScience Limited, Boehringer Ingelheim Animal Health, Cargill India Pvt. Ltd., Merck, Ceva Sante Animale, Elanco India Private Limited, and Virbac Animal Health India Pvt Ltd.Key Questions Answered in This Report
1. What was the size of the India animal health market in 2022?2. What is the expected growth rate of the India animal health market during 2023-2028?
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 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Animal Health Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 India Animal Health Market
6.1 Market Overview
6.2 Market Performance
6.3 Impact of COVID-19
6.4 Market Breakup by Animal Type
6.5 Market Breakup by Product Type
6.6 Market Breakup by Distribution Channel
6.7 Market Breakup by Region
6.8 Market Forecast
7 Market Breakup by Animal Type
7.1 Commercial
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Companion
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Product Type
8.1 Anti-Bacterial/Antibiotic
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Anti-Chronic Respiratory
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Anticoccidials
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Dewormers/Antihelmintics
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Disinfectants
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Enzymes
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Fly-Binder/Control
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Growth Promoters
8.8.1 Market Trends
8.8.2 Market Forecast
8.9 Gut Health (also includes probiotics, prebiotics)
8.9.1 Market Trends
8.9.2 Market Forecast
8.10 Liver Tonics
8.10.1 Market Trends
8.10.2 Market Forecast
8.11 Nutritional Supplements
8.11.1 Market Trends
8.11.2 Market Forecast
8.12 Toxin Binders / Immunomodulators / Mold inhibitors
8.12.1 Market Trends
8.12.2 Market Forecast
8.13 Vaccines
8.13.1 Market Trends
8.13.2 Market Forecast
8.14 Vitamins/ Minerals/ Amino Acids
8.14.1 Market Trends
8.14.2 Market Forecast
8.15 Diagnostics
8.15.1 Market Trends
8.15.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 Veterinary Hospitals
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Veterinary Clinics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Pharmacies and Drug Stores
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 Uttar Pradesh
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Rajasthan
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Madhya Pradesh
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Bihar
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Andhra Pradesh
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Gujarat
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Others
10.7.1 Market Trends
10.7.2 Market Forecast
11 India Animal Health Industry: SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 India Animal Health Industry: Value Chain Analysis
13 India Animal Health Industry: Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Bayer CropScience Limited
14.3.2 Boehringer Ingelheim Animal Health
14.3.3 Cargill India Pvt. Ltd.
14.3.4 Merck
14.3.5 Ceva Sante Animale
14.3.6 Elanco India Private Limited
14.3.7 Virbac Animal Health India Pvt Ltd.
List of Figures
Figure 1: India: Animal Health Market: Major Drivers and Challenges
Figure 2: Global: Animal Health Market: Sales Value (in Billion INR), 2017-2022
Figure 3: Global: Animal Health Market Forecast: Sales Value (in Billion INR), 2023-2028
Figure 4: India: Animal Health Market: Sales Value (in Billion INR), 2017-2022
Figure 5: India: Animal Health Market: Breakup by Animal Type (in %), 2022
Figure 6: India: Animal Health Market: Breakup by Product Type (in %), 2022
Figure 7: India: Animal Health Market: Breakup by Distribution Channel (in %), 2022
Figure 8: India: Animal Health Market: Breakup by Region (in %), 2022
Figure 9: India: Animal Health Market Forecast: Sales Value (in Billion INR), 2023-2028
Figure 10: India: Animal Health (Commercial) Market: Sales Value (in Million INR), 2017 & 2022
Figure 11: India: Animal Health (Commercial) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 12: India: Animal Health (Companion) Market: Sales Value (in Million INR), 2017 & 2022
Figure 13: India: Animal Health (Companion) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 14: India: Animal Health (Anti-Bacterial/Antibiotic) Market: Sales Value (in Million INR), 2017 & 2022
Figure 15: India: Animal Health (Anti-Bacterial/Antibiotic) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 16: India: Animal Health (Anti-Chronic Respiratory) Market: Sales Value (in Million INR), 2017 & 2022
Figure 17: India: Animal Health (Anti-Chronic Respiratory) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 18: India: Animal Health (Anticoccidials) Market: Sales Value (in Million INR), 2017 & 2022
Figure 19: India: Animal Health (Anticoccidials) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 20: India: Animal Health (Dewormers/Antihelmintics) Market: Sales Value (in Million INR), 2017 & 2022
Figure 21: India: Animal Health (Dewormers/Antihelmintics) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 22: India: Animal Health (Disinfectants) Market: Sales Value (in Million INR), 2017 & 2022
Figure 23: India: Animal Health (Disinfectants) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 24: India: Animal Health (Enzymes) Market: Sales Value (in Million INR), 2017 & 2022
Figure 25: India: Animal Health (Enzymes) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 26: India: Animal Health (Fly-Binder/Control) Market: Sales Value (in Million INR), 2017 & 2022
Figure 27: India: Animal Health (Fly-Binder/Control) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 28: India: Animal Health (Growth Promoters) Market: Sales Value (in Million INR), 2017 & 2022
Figure 29: India: Animal Health (Growth Promoters) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 30: India: Animal Health (Gut Health) Market: Sales Value (in Million INR), 2017 & 2022
Figure 31: India: Animal Health (Gut Health) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 32: India: Animal Health (Liver Tonics) Market: Sales Value (in Million INR), 2017 & 2022
Figure 33: India: Animal Health (Liver Tonics) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 34: India: Animal Health (Nutritional Supplements) Market: Sales Value (in Million INR), 2017 & 2022
Figure 35: India: Animal Health (Nutritional Supplements) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 36: India: Animal Health (Toxin Binders / Immunomodulators / Mold inhibitors) Market: Sales Value (in Million INR), 2017 & 2022
Figure 37: India: Animal Health (Toxin Binders / Immunomodulators / Mold inhibitors) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 38: India: Animal Health (Vaccines) Market: Sales Value (in Million INR), 2017 & 2022
Figure 39: India: Animal Health (Vaccines) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 40: India: Animal Health (Vitamins/ Minerals/ Amino Acids) Market: Sales Value (in Million INR), 2017 & 2022
Figure 41: India: Animal Health (Vitamins/ Minerals/ Amino Acids) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 42: India: Animal Health (Diagnostics) Market: Sales Value (in Million INR), 2017 & 2022
Figure 43: India: Animal Health (Diagnostics) Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 44: India: Animal Health Market: Sales through Veterinary Hospitals (in Million INR), 2017 & 2022
Figure 45: India: Animal Health Market Forecast: Sales through Veterinary Hospitals (in Million INR), 2023-2028
Figure 46: India: Animal Health Market: Sales through Veterinary Clinics (in Million INR), 2017 & 2022
Figure 47: India: Animal Health Market Forecast: Sales through Veterinary Clinics (in Million INR), 2023-2028
Figure 48: India: Animal Health Market: Sales through Pharmacies and Drug Stores (in Million INR), 2017 & 2022
Figure 49: India: Animal Health Market Forecast: Sales through Pharmacies and Drug Stores (in Million INR), 2023-2028
Figure 50: India: Animal Health Market: Sales through Other Distribution Channels (in Million INR), 2017 & 2022
Figure 51: India: Animal Health Market Forecast: Sales through Other Distribution Channels (in Million INR), 2023-2028
Figure 52: Uttar Pradesh: Animal Health Market: Sales Value (in Million INR), 2017 & 2022
Figure 53: Uttar Pradesh: Animal Health Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 54: Rajasthan: Animal Health Market: Sales Value (in Million INR), 2017 & 2022
Figure 55: Rajasthan: Animal Health Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 56: Madhya Pradesh: Animal Health Market: Sales Value (in Million INR), 2017 & 2022
Figure 57: Madhya Pradesh: Animal Health Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 58: Bihar: Animal Health Market: Sales Value (in Million INR), 2017 & 2022
Figure 59: Bihar: Animal Health Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 60: Andhra Pradesh: Animal Health Market: Sales Value (in Million INR), 2017 & 2022
Figure 61: Andhra Pradesh: Animal Health Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 62: Gujarat: Animal Health Market: Sales Value (in Million INR), 2017 & 2022
Figure 63: Gujarat: Animal Health Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 64: Others: Animal Health Market: Sales Value (in Million INR), 2017 & 2022
Figure 65: Others: Animal Health Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 66: India: Animal Health Industry: SWOT Analysis
Figure 67: India: Animal Health Industry: Value Chain Analysis
Figure 68: India: Animal Health Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Animal Health Market: Key Industry Highlights, 2022 and 2028
Table 2: India: Animal Health Market: Key Industry Highlights, 2022 and 2028
Table 3: India: Animal Health Market Forecast: Breakup by Animal Type (in Million INR), 2023-2028
Table 4: India: Animal Health Market Forecast: Breakup by Product Type (in Million INR), 2023-2028
Table 5: India: Animal Health Market Forecast: Breakup by Distribution Channel (in Million INR), 2023-2028
Table 6: India: Animal Health Market Forecast: Breakup by Region (in Million INR), 2023-2028
Table 7: India: Animal Health Market: Competitive Structure
Table 8: India: Animal Health Market: Key Players
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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