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India Animal Health Market Size, Share, Growth, Analysis: By Product Type: Nutrition, Parasiticides, Antibiotics, Biologicals, Medicated Feed Additive, Others; By Species: Ruminant, Poultry, Companion Animals, Others; By Distribution Channel: Veterinary Hospital and Clinics, Others; Regional Analysis; Competitive Landscape; 2024-2032
India Animal Health Market Size
The India animal health market attained a value of USD 1,010.84 million in 2023. The market is estimated to grow at a CAGR of 13.24% during 2024-2032 to reach a value of USD 3,071.08 million by 2032.
India Animal Health Market Outlook
- As per the Department of Animal Husbandry and Dairying, the total number of animals vaccinated for FMD during April 2023 to January 2024 was 238 million, which covered 80.4% of the total targeted population.
- The age group of 25-34 years are found to be adopting the pets most. Millennials and Gen Z are driving the new wave of pet parenting.
- India is the 3rd largest producer in egg production. In 2021-22, the country produced a total of 129,600 million eggs.
India Animal Health Market Report Snapshots
India Animal Health Market Size
India Animal Health Market Growth
India Animal Health Market Trends
India Animal Health Market Share
India Animal Health Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Animal Healthcare Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Animal Healthcare Historical Market (2018-2023)
8.3 Asia Pacific Animal Healthcare Market Forecast (2024-2032)
9 India Animal Health Market Overview
9.1 Key Industry Highlights
9.2 India Animal Healthcare Historical Market (2018-2023)
9.3 India Animal Health Market Forecast (2024-2032)
10 India Animal Health Market by Product Type
10.1 Nutrition
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Parasiticides
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Antibiotics
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Biologicals
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Medicated Feed Additive
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 India Animal Health Market by Species
11.1 Ruminant
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Breakup by Product Type
11.1.4 Leading Key Player’s Market Share
11.2 Poultry
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Breakup by Product Type
11.2.4 Leading Key Player’s Market Share
11.3 Companion Animals
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.3.3 Breakup by Product Type
11.3.4 Leading Key Player’s Market Share
11.4 Others
12 India Animal Health Market by Distribution Channel
12.1 Veterinary Hospital and Clinics
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Pharmacies and Drug Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 India Animal Health Market by Region
13.1 North India
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 East and Central India
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 West India
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South India
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Competitive Landscape
15.1 Market Structure
15.2 Leading Key Player’s Market Share
15.3 Company Profiles
15.3.1 Boehringer Ingelheim India Pvt. Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Demographic Reach and Achievements
15.3.1.4 Certifications
15.3.2 Cargill India Pvt. Ltd.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Demographic Reach and Achievements
15.3.2.4 Certifications
15.3.3 MSD Animal Health India (Merck & Co.)
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Demographic Reach and Achievements
15.3.3.4 Certifications
15.3.4 Ceva Polchem Private Limited
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Demographic Reach and Achievements
15.3.4.4 Certifications
15.3.5 Elanco India Private Limited
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Demographic Reach and Achievements
15.3.5.4 Certifications
15.3.6 Virbac Animal Health India Pvt Limited
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Demographic Reach and Achievements
15.3.6.4 Certifications
15.3.7 Zoetis India Limited
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Demographic Reach and Achievements
15.3.7.4 Certifications
15.3.8 SeQuent Scientific Ltd.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Demographic Reach and Achievements
15.3.8.4 Certifications
15.3.9 Hester Biosciences Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Demographic Reach and Achievements
15.3.9.4 Certifications
15.3.10 Zenex Animal Health India Private Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Demographic Reach and Achievements
15.3.10.4 Certifications
15.3.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Animal Healthcare Market: Key Industry Highlights, 2018 and 2032
2. India Animal Health Market: Key Industry Highlights, 2018 and 2032
3. India Animal Healthcare Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. India Animal Health Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. India Animal Healthcare Historical Market: Breakup by Species (USD Million), 2018-2023
6. India Animal Health Market Forecast: Breakup by Species (USD Million), 2024-2032
7. India Animal Healthcare Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. India Animal Health Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. India Animal Healthcare Historical Market: Breakup by Region (USD Million), 2018-2023
10. India Animal Health Market Forecast: Breakup by Region (USD Million), 2024-2032
11. India Animal Health Market Structure
Key Questions Answered in the Report
The market attained a value of USD 1,010.84 million in 2023.
The market is estimated to grow at a CAGR of 13.24% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 3,071.08 million by 2032.
The factors driving the market growth are increasing pet adoption, rising importance of preventive care, presence of favourable government initiatives, increasing awareness of animal diseases, and stringent regulations.
The animal types are ruminant, poultry, companion, and others.
Ceftriaxone, Enrofloxacin, Oxytetracycline, and Penicilline are the leading antibiotics prescribed by veterinarians in the country to treat cattle.
Nutrition, parasiticides, antibiotics, biologicals, and medicated feed additives are the various product types in the market.
The key players in the market include Virbac Animal Health India Pvt Ltd, Zenex Animal Health Pvt Ltd, Elanco India Private Limited, MSD Animal Health India(Merck & Co.), Zoetis India Limited, Ceva Polchem Private Limited, Cargill India Private Limited, Boehringer Ingelheim India Pvt. Ltd., SeQuent Scientific Ltd., and Hester Biosciences Limited, among others.
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