India Animal Health Market Share, Demand, Industry Growth And Forecast 2024-203210 January 2024
IMARC Group’s report titled “India Animal Health Market Report by Animal Type (Commercial, Companion), Product Type (Anti-Bacterial/Antibiotic, Anti-Chronic Respiratory, Anticoccidials, Dewormers/Anthelmintics, Disinfectants, Enzymes, Fly-Binder/Control, Growth Promoters, Gut Health, Liver Tonics, Nutritional Supplements, Toxin Binders/Immunomodulators/Mold inhibitors, Vaccines, Vitamins/ Minerals/ Amino Acids, Diagnostics), Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies and Drug Stores, and Others), and Region 2024-2032“. offers a comprehensive analysis of the industry, which comprises insights on the India animal health market report. The market size reached INR 80.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 160.5 Billion by 2032, exhibiting a CAGR of 7.8% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/india-animal-health-market/requestsample
Factors Affecting the Growth of the India Animal Health Industry:
- Focus on Food Safety and Quality:
The rising emphasis on food safety and quality is a crucial factor supporting the market growth in India. A large population is dependent on animal-derived food products, which necessitates the need to ensure the health of livestock as it directly impacts food safety. This concern is amplified by the awareness about foodborne illnesses and the need for quality meat and dairy products. Government regulations and policies aimed at maintaining the health of animals are becoming more stringent, catalyzing the demand for veterinary healthcare services and products that ensure animals are healthy and free from diseases. This includes regular health check-ups, vaccinations, and the use of feed additives to enhance animal health and productivity.
- Growing Awareness and Regulation of Animal Health:
The growing awareness among farmers and pet parents about the advantages of animal health and welfare is positively influencing the market in the country. This awareness is driven by the initiatives undertaken by the governing body and non-governmental organizations (NGOs) working in animal health and welfare. Additionally, the rising emphasis on the prevention of zoonotic diseases, which are transmitted from animals to humans, is driving the demand for vaccinations, diagnostics, and treatment for animals. Moreover, regulatory bodies are becoming more stringent about animal healthcare standards, leading to improved quality and safety of animal health products. This regulatory environment not only ensures better health management of animals, but also encourages the development and adoption of advanced healthcare products.
- Technological Advancements:
Increasing innovations in diagnostics, treatment, and vaccine development are bolstering the market growth in the country. The introduction of molecular diagnostics, telemedicine, and artificial intelligence (AI)-driven diagnostic tools are making disease detection and treatment more efficient and accessible. Moreover, the rising integration of digital technology in veterinary services, such as online consultations and digital record-keeping, is also enhancing the quality and reach of animal healthcare. These technological advancements not only improve the effectiveness of animal healthcare, but also increases the range and sophistication of available health products and services.
Leading Companies Operating in the India Animal Health Industry:
- Bayer CropScience Limited
- Boehringer Ingelheim Animal Health
- Cargill India Pvt. Ltd.
- Ceva Sante Animale
- Elanco India Private Limited
- Virbac Animal Health India Pvt Ltd.
India Animal Health Market Report Segmentation:
By Animal Type:
Commercial represents the largest segment attributed to the growing demand for animal health products and services in dairy and poultry farms.
By Product Type:
- Anti-Chronic Respiratory
- Growth Promoters
- Gut Health (also includes probiotics, prebiotics)
- Liver Tonics
- Nutritional Supplements
- Toxin Binders/Immunomodulators/Mold inhibitors
- Vitamins/ Minerals/ Amino Acids
Vaccines account for the majority of the market share as they are critical in preventing and controlling diseases among animals.
By Distribution Channel:
- Veterinary Hospitals
- Veterinary Clinics
- Pharmacies and Drug Stores
Pharmacies and drug stores hold the biggest market share due to the widespread accessibility of these retail outlets.
- Uttar Pradesh
- Madhya Pradesh
- Andhra Pradesh
Uttar Pradesh dominates the market, owing to its large and diverse agricultural and livestock sector.
India Animal Health Market Trends:
The growing adoption of digital and mobile technologies in veterinary care is offering a favorable market outlook in the country. The proliferation of smartphones and high-speed internet is leading to higher access to telemedicine services for animal healthcare. Mobile apps for livestock management, online consultations, and digital diagnostic tools are becoming more common. This technology enables timely and efficient veterinary services, particularly in remote areas where access to physical veterinary clinics is limited. Additionally, digital record-keeping and data analytics are being used for tracking animal health patterns and outbreaks, enhancing preventive care and treatment strategies.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Email: [email protected]
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal