The report of India Animal Health Care market by Animal Type (Bovine Species, Porcine Species, Pvine Species, Poultry Species, Canine Species, Feline Species) Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies and Drug Stores) Therapeutic Type (Drugs, Vaccines) and Zone (North India, East India, West India, South India) is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during a forecast period.
India Animal healthcare market includes of therapeutic products and solutions for pet and farm animals. Increasing incidences of zoonotic diseases in human due to consumption of food animals also happens to be a major factor for market growth. Animal farming substantially contributes to the GDP in India, because of agriculture used to be the mainstay of the economy up until a couple of decades back. Rural people are depend upon cattle such as cows, buffaloes, and goats that provide milk and meat for their livelihood till today. India is largest producers of cattle, chicken and fish, more than XX% of global livestock population and ranks among the rising awareness about animal health is prime factor for increasing demand of animal healthcare products. With objective to explore and exploit the encouraging opportunity, number of companies are entering the Indian market.
Vaccine segment is expected to grow at the highest XX% CAGR during the forecast period.
The vaccine segment is projected to grow at the largest CAGR of XX% during the forecast period. Vaccines have gained importance rapidly in past two decades. The objective of animal industry to focus more on prevention than cure has resulted to improvement of several vaccines and is broadening the pipeline. Trading of animals or their meat for consumption has been increasing vaccination practices in the country.
Key players operating the India Animal Health Care market are Bayer healthcare, Boehringer Ingelheim, Elanco (Eli lilly and company), Merck Animal Health, Virbac Corporation, Zoetis animal healthcare, Ceva Sante Animale, Merial ltd., Sanofi, Vetoquinol S.A., Phirbo Animal Health
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the India animal health Care market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the India animal health care market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain positioning of competitors.
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