Uploaded on Feb 13, 2025
The industry, which was valued at over $2.8 billion in 2023, is expected to grow at a CAGR of 8–10% over the next five years.
Top Company Analysis in the India Animal Healthcare Industry_ Business Strategies & Share
Top Company Analysis in the
India Animal Healthcare
Industry: Business Strategies
& Share
The India animal healthcare industry is witnessing significant
growth, driven by rising pet ownership, increasing demand for
quality veterinary care, and advancements in animal
pharmaceuticals, vaccines, and diagnostics. The industry, which
was valued at over $2.8 billion in 2023, is expected to grow at a
CAGR of 8–10% over the next five years.
With increasing investments in livestock health, pet care, and
AI-driven veterinary solutions, major players in the India animal
healthcare market Growth Trends are expanding their
product offerings and strategic partnerships.
Top Players in India Animal Healthcare
Market
Top Companies in the India Animal Healthcare
Market
1. Zoetis India — The Market Leader in Animal
Pharmaceuticals
📊 Market Share: ~20% in India
📊 Revenue (2023): $8 billion (Global)
Business Strategies:
✅ Focused on innovative vaccines and therapeutics for livestock
and companion animals.
✅ Expanding its digital veterinary services and AI-powered pet
health monitoring solutions.
✅ Strengthening its presence in the rural market by partnering
with local dairy and poultry farms.
Recent Developments:
📊 Launched Simparica Trio, a broad-spectrum parasiticide for
dogs, strengthening its position in the pet healthcare segment.
📊 Partnered with leading dairy cooperatives to improve livestock
disease management.
2. Merck Animal Health (MSD) — Innovator in
Veterinary Biologics
📊 Market Share: ~15% in India
📊 Revenue (2023): $5.7 billion (Global)
Business Strategies:
✅ Investing in high-performance vaccines for cattle, poultry, and
aquaculture.
✅ Expanding IoT-based animal health tracking solutions to
enhance real-time disease monitoring.
✅ Strengthening distribution channels across tier-2 and
tier-3
cities to improve accessibility.
Recent Developments:
📊 Introduced IDAL 3G, an advanced needle-free vaccine
technology for livestock.
📊 Investing in AI-driven veterinary analytics to optimize disease
prediction and treatment planning.
For insights into AI adoption in healthcare, check out this
Indonesia AI in Healthcare Industry Analysis.
3. Virbac India — Leader in Companion Animal Care
📊 Market Share: ~12% in India
📊 Revenue (2023): $1.2 billion (Global)
Business Strategies:
✅ Specializing in pet dermatology, nutrition, and parasitic control
solutions.
✅ Expanding its range of antibiotics and probiotics for cattle and
poultry.
✅ Strengthening partnerships with pet clinics and e-commerce
platforms for direct-to-consumer sales.
Recent Developments:
📊 Launched a pet wellness program integrating telehealth services
for remote veterinary consultations.
📊 Developing nutraceuticals and therapeutic diets for pets
suffering from chronic diseases.
4. Hester Biosciences — India’s Leading Poultry
Vaccine Manufacturer
📊 Market Share: ~10% in India
📊 Revenue (2023): ₹800+ crore
Business Strategies:
✅ Focused on low-cost vaccines for poultry and livestock,
expanding vaccine production for emerging zoonotic diseases.
✅ Partnering with government animal health programs to improve
livestock immunization rates.
✅ Expanding biological R&D for recombinant animal vaccines.
Recent Developments:
📊 Entered a strategic alliance with global vaccine manufacturers
to
develop next-gen poultry vaccines.
📊 Strengthening exports to African and Southeast Asian markets.
5. Intas Pharmaceuticals (Animal Health Division) —
Expanding in Veterinary Drugs
📊 Market Share: ~8% in India
📊 Revenue (2023): ₹3,500+ crore
Business Strategies:
✅ Specializing in generic veterinary medicines, providing
cost-effective alternatives to imported drugs.
✅ Expanding into pet nutrition and wellness segments, launching
functional pet food supplements.
✅ Investing in IoT-based cattle health monitoring solutions.
Recent Developments:
📊 Developed an AI-based disease detection platform for dairy
farmers.
📊 Launched India’s first oral vaccine for pet gastrointestinal
diseases.
For insights into how IoT is transforming real-time veterinary
health monitoring, check out this India IoT in Healthcare
Industry Analysis.
Challenges in the India Animal Healthcare Industry
1. Limited Veterinary Infrastructure in Rural Areas
● Over 70% of India’s livestock population is in rural areas,
where access to veterinary healthcare remains limited.
● Shortage of trained veterinarians, with only one vet per
5,000 cattle, affecting timely disease diagnosis and
treatment.
2. Rising Cost of Veterinary Drugs and Vaccines
● Import dependency on key vaccine components increases
pricing pressures for animal healthcare manufacturers.
● Price-sensitive farmers often opt for low-cost alternatives,
affecting the adoption of premium veterinary medicines.
3. Zoonotic Disease Outbreaks and Biosecurity Risks
● India faces recurring outbreaks of foot-and-mouth disease
(FMD), avian influenza, and bovine TB, impacting
livestock productivity.
● Lack of strict biosecurity measures in farms increases
disease transmission risks.
4. Regulatory Challenges and Drug Approval Delays
● Lengthy drug approval processes under the Central Drugs
Standard Control Organization (CDSCO) slow down new
veterinary drug launches.
● Stringent antibiotic usage policies in livestock farming
require companies to invest in alternative treatment
solutions.
For a broader perspective on regulatory and healthcare policy
challenges, read this US Healthcare Market Challenges.
Where is the Future Outlook Market Heading?
By 2030, the India animal healthcare market is expected to:
✅ Surpass $5 billion, driven by increasing pet adoption, livestock
health investments, and AI-driven veterinary solutions.
✅ Witness a 35% rise in AI-powered diagnostics for real-time
disease detection in livestock.
✅ Expand telemedicine platforms, with more pet owners using
online veterinary consultation services.
✅ Strengthen government-backed livestock immunization
programs, increasing vaccination coverage by 50%.
For insights into how emerging technologies are
transforming healthcare worldwide, check this LinkedIn
Pulse on US Healthcare Industry Challenges.
Conclusion
The India animal healthcare industry is set for strong growth,
driven by technological advancements, AI-driven animal
diagnostics, and increasing pet healthcare investments. Companies
that invest in R&D, digital veterinary platforms, and sustainable
vaccine production will gain a competitive edge in the evolving
market.
As demand for high-quality animal healthcare services continues to
grow, the future belongs to businesses that embrace innovation,
enhance veterinary accessibility, and expand into preventive
healthcare solutions.
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