India Animal Health Market Size to Surpass INR 120.3 Billion by 2028 at 8.94% CAGR

According to the latest report by IMARC Group "India Animal Health Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The India animal health market size reached INR 73.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 120.3 Billion by 2028, exhibiting a CAGR of 8.94% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

India Animal Health Market

Animal health involves regular tracking and providing adequate care to domesticated animals or livestock. It includes the development of feed additives, pharmaceuticals, veterinary drugs, pesticides, and biologics. Furthermore, animal health services also ensure a constant food supply and prevent various zoonotic diseases, such as feline leukemia, animal flu, tick infestation and Lyme disease, caused by viruses, parasites, and bacteria.

Get a PDF Sample for more detailed market insights:https://www.imarcgroup.com/india-animal-health-market/requestsample

India Animal Health Market Trends and Drivers:

The increasing prevalence of zoonotic ailments and a significant growth in the veterinary pharmaceutical industry are primarily driving the India animal health market. Furthermore, the rising integration of IoT with animal health monitoring solutions, along with the growing usage of mobile sensors and wearables to monitor animal behavior and health, are providing a thrust to the market. Additionally, the increasing adoption of feed additives, which helps in improving the overall animal health while enhancing the quality of products, including milk, eggs, and meat, is further catalyzing market growth. Moreover, the Government of India is undertaking extensive R&D activities in the field of animal health to create awareness for disease control and provide effective treatments. All the factors mentioned above will continue to propel the India animal health market over the forecasted period.

Report Segmentation:

The report has segmented the market into the following categories:

Market Breakup by Animal Type

  • Commercial
  • Companion

Market 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

Market Breakup by Distribution Channel

  • Veterinary Hospitals
  • Veterinary Clinics
  • Pharmacies and Drug Stores
  • Others

Market Breakup by Region

  • Uttar Pradesh
  • Rajasthan
  • Madhya Pradesh
  • Bihar
  • Andhra Pradesh
  • Gujarat
  • Others

Competitive Landscape

  • 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.

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=2405&flag=C

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.

About Us

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.

IMARC’s 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 company’s 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.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA 

Follow us on Twitter: @imarcglobal

Popular posts from this blog

GCC LED Lighting Market Size, Trends, Growth, Forecast & Industry Report 2024-2032

Blood Group Typing Market Size, Key Facts, Dynamics, Segments and Forecast Report 2023-2028

Global Civil Engineering Market Size to Grow at a CAGR of 5.2% in the Forecast Period of 2023-2028