India Animal Health Care Market by Animal Type (Bovine Species, Porcine Species, Pvine Species, Poultry Species, Canine Species, Feline Species), Therapeutic Type (Drugs and Vaccines), and Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies, and Drug Stores) Share, Size, Outlook, Opportunity Analysis, and Forecast 2024-2030

India Animal Health Care Market size was valued at USD 1.3 Bn in 2023 and is expected to reach USD 2.07 Bn by 2030, at a CAGR of 6.9%

India Animal Health Care Market Overview:

Animal healthcare covers a range of practices, products, and services aimed at promoting and maintaining the health and well-being of animals. This field includes both companion animals, such as pets like dogs, cats, birds, and small mammals, as well as livestock species raised for food production, including cattle, poultry, swine, sheep, and goats. Key components of animal healthcare include preventive measures such as vaccinations, parasite control, and proper nutrition, as well as diagnostic procedures to detect and treat diseases and injuries. Veterinary services play a crucial role in animal healthcare, providing medical care, surgical interventions, and wellness consultations to address a variety of health issues. Additionally, pharmaceuticals, including antibiotics, vaccines, and therapeutics, are vital in treating and managing animal diseases. Advancements in animal healthcare also involve the development of innovative technologies such as telemedicine, digital health monitoring devices, and genetic engineering techniques to improve diagnostic accuracy, treatment outcomes, and overall animal welfare. Ultimately, animal healthcare is essential for ensuring the health, productivity, and longevity of animals, while also safeguarding public health and supporting sustainable agriculture. With a large population of both livestock and companion animals, the demand for veterinary products and services has surged. Growth factors include increasing pet ownership, rising awareness about animal health and welfare, growing concerns regarding food safety and zoonotic diseases, and government initiatives to improve animal healthcare infrastructure in India's Animal Health Care Market. The market is witnessing notable developments from key players such as Zoetis, Ceva Santé Animale, Merck & Co. Inc., Boehringer Ingelheim, and Indian companies like Indian Immunologicals Limited and Virbac. These players are investing in research and development, expanding their product portfolios, and leveraging strategic partnerships and collaborations to strengthen their market presence. Recent developments include the introduction of novel vaccines, advancements in diagnostics and therapeutics, and the adoption of digital technologies for telemedicine and remote monitoring. Additionally, the COVID-19 pandemic has underscored the importance of animal health, leading to increased focus on biosecurity measures and the development of vaccines for animal coronaviruses. Overall, the Indian animal healthcare market presents lucrative opportunities for India Animal Health Care Market players amidst evolving consumer needs and regulatory dynamics.India Animal Health Care MarketTo know about the Research Methodology :- Request Free Sample Report

India Animal Health Care Market Dynamics:

Rising Trend of Pet Ownership Drives India Animal Health Care Market Demand The rising trend of pet ownership across the country. In 2022, the pet population in India has surged to approximately 32 million, marking a significant increase from around 22 million in 2019, demonstrating a compound annual growth rate (CAGR) of over 13%. Among these 32 million pets, the majority, comprising approximately 28 to 29 million, are dogs, while the remaining portion constitutes cats. Urbanization, coupled with changing lifestyles, has led to an increasing number of people adopting pets such as dogs, cats, birds, and small mammals. This surge in pet ownership has created a significant demand for veterinary products and services, including medications, vaccines, and wellness consultations. Alongside the increasing pet care market, there is a growing awareness among both pet owners and livestock farmers about the importance of animal health and welfare. This awareness has translated into increased adoption of preventive healthcare measures, including routine vaccinations, parasite control, and proper nutrition. Government agencies and non-governmental organizations (NGOs) are playing a crucial role in raising awareness through educational campaigns and vaccination drives, particularly in rural areas where livestock farming is prevalent. Such initiatives are instrumental in promoting disease prevention and improving overall animal health outcomes for India Animal Health Care Market. The concerns regarding food safety and quality have spurred investments in animal health management practices within the food supply chain. Over the course of three years, there has been a notable 13% decrease in global antimicrobial usage in animals, highlighting a significant stride in ongoing endeavors to safeguard the effectiveness of these vital medications. Companies operating in the food and beverage industry, such as Nestlé India and Hindustan Unilever Limited, are implementing stringent quality control measures to ensure the safety of their products. This includes implementing protocols for animal health management, disease surveillance, and biosecurity measures to mitigate the risk of foodborne illnesses. Government initiatives aimed at enhancing animal healthcare infrastructure and services are also contributing to market growth. Programs like the National Animal Disease Control Program (NADCP), launched by the Government of India, aim to control and eradicate livestock diseases through vaccination campaigns, disease surveillance, and capacity-building initiatives. Such efforts not only improve the health and productivity of livestock but also have positive implications for public health and food security in India Animal Health Care Market. Technological advancements are revolutionizing the animal healthcare industry in India, driving innovation across various segments. Companies are investing in research and development to develop advanced diagnostics, therapeutics, and digital health solutions tailored to the Indian market. For example, Agrovet Market Animal Health, a leading player in the industry, has introduced innovative diagnostic kits and digital platforms for disease monitoring and management in livestock farming. Moreover, the increasing demand for meat, milk, and eggs is driving growth in the livestock sector, further fueling the demand for animal healthcare products and services. Companies operating in this space are expanding their operations and investing in advanced biosecurity measures and disease management protocols to ensure the health and well-being of livestock populations.India Animal Health Care Market1The rising disposable incomes among urban and rural populations enable higher spending on pet care and livestock health management. For instance, every year, approximately 55,000 human fatalities are attributed to rabies, with nearly 40% of these fatalities occurring in children under the age of five. Dogs remain the primary source of rabies transmission to humans, accounting for approximately 99% of all cases. The global economic burden of rabies is estimated at around $8.6 billion annually. India bears the highest brunt of rabies, with approximately 20,000 deaths attributed to the disease each year. Affluent pet owners are increasingly willing to invest in premium healthcare products and services for their pets, further driving market growth. The emergence of e-commerce platforms has facilitated greater accessibility and convenience in purchasing animal healthcare products. Platforms like Amazon and Flipkart offer a wide range of veterinary products and medications, making it easier for consumers to procure essential healthcare supplies. Furthermore, collaborations between Indian and multinational pharmaceutical companies are driving the globalization of veterinary medicine, leading to the introduction of international best practices and standards in animal healthcare in India.

Table: Types of Vaccination

Vaccination Type Target Population Animals Vaccinated in Round I Animals Vaccinated in Round II till Feb 2023
FMD 25,67,58,308 16,90,91,886 22,63,52,580
Brucella 3,39,37,483 - 1,69,54,225
In India, the most sought-after vaccines include those for Peste des petits ruminants (PPR), guarding against viral goat plague, the Brucella vaccine for Brucellosis prevention, and the Foot and Mouth Disease (FMD) vaccine. This surge in demand for vaccines is propelled by the growing need for animal products like dairy, eggs, and meat, alongside an increasing interest in companion animals. With the prevalence of animal diseases on the rise, the sector foresees robust growth predictions for vaccinations. The population of female cattle has experienced an 18% growth since the last census in 2012, reaching a current count of 145.12 million. This uptick can be attributed to heightened fertility rates, greater consolidation of animal farms, and the expansion of dairy farms with larger herd sizes. India's current milk production capacity stands at 198 million tonnes and is anticipated to soar to 330 million tonnes by 2024. Egg production in the nation has surged by over 30% since 2014, driven by heightened demand and increased purchasing power. Over the past five years, the Indian poultry market has shown a consistent upward trajectory, expanding at an annual rate of 12–15%. Presently, urban markets cater to approximately 80% of the demand. However, declining chicken prices, improved affluence, and evolving lifestyles suggest a rising rural demand, with the industry projected to grow annually at a pace of 8-10%.  

Table: Livestock and their Vaccines

S.No Livestock Name of the Vaccine
1 Cattle Anthrax Spore Vaccine, Black Quarter (BQ) Vaccine, Haemorrhagic Septicaemia (HS) Vaccine, Brucella Abortus Vaccine, Foot and Mouth Disease (FMD) Vaccine, Buffallopox Vaccine, Johne's Disease Vaccine
2 Pigs Classical Swine Fever (CSF) Vaccine
3 Horses Equine Herpesvirus-1 Vaccine, Equine Influenza Vaccine, Camelpox Vaccine
4 Sheep and Goats Sheeppox Vaccine, Enterotoxaemia Vaccine, PPR Vaccine, Goatpox Vaccine, Bluetongue Vaccine, Orf Vaccine
5 Poultry Newcastle Disease/Ranikhet Disease Vaccine, Fowlpox Disease Vaccine, Infectious Bursal Disease Vaccine
Regulatory Hurdles in Veterinary Drug Approval Hamper the India Animal Health Care Market Growth The significant obstacle is the cumbersome regulatory framework governing veterinary drugs and products. The lengthy approval process for new medications often results in delays in introducing essential treatments to the market, thus limiting timely access to healthcare for animals. Moreover, low awareness among animal owners and farmers about preventive healthcare measures, such as vaccinations and regular check-ups, contributes to the underutilization of veterinary services and products, adversely affecting India Animal Health Care Market trend and animal health outcomes. The presence of fragmented distribution channels, particularly in rural areas, poses another challenge, as it impedes the efficient distribution of animal health products and services to remote locations, exacerbating disparities in access to healthcare across different regions. Furthermore, the high cost associated with veterinary services, medications, and diagnostic tests presents a significant barrier for many animal owners, particularly those in rural and low-income communities. This financial constraint often leads to delayed or inadequate treatment for animals, compromising their health and productivity and restricting market growth potential. In addition, the limited veterinary infrastructure, including clinics, laboratories, and trained professionals, especially in rural areas, poses challenges in diagnosing and treating diseases effectively, further constraining India Animal Health Care Market development efforts. The prevalence of counterfeit and substandard animal health products in the market is another critical challenge. These counterfeit products not only compromise treatment efficacy but also erode consumer trust and confidence in legitimate products, undermining market growth and posing risks to animal health. Moreover, periodic disease outbreaks, such as avian influenza and foot-and-mouth disease, disrupt livestock production, cause economic losses for farmers, and necessitate emergency response measures, which strain resources and hinder India Animal Health Care Market growth. Limited investment in research and development (R&D) for new veterinary drugs, vaccines, and diagnostic tools is also a concern, as it hampers innovation and product advancement in the animal healthcare sector. Without continuous R&D efforts, addressing emerging diseases and improving treatment options becomes challenging, limiting market growth and hindering disease control efforts. Cultural and religious beliefs regarding animal treatment and healthcare practices can pose challenges in certain regions of India, influencing attitudes towards veterinary care and disease control measures, and hindering market growth and animal welfare initiatives. Additionally, growing environmental concerns, such as pollution from intensive animal farming practices, impact animal health and contribute to disease spread, requiring holistic approaches to animal healthcare, which may entail additional costs and regulatory compliance burdens, posing further challenges to market growth. Overall, addressing these complex challenges will require concerted efforts from stakeholders across the animal healthcare industry to foster sustainable growth and ensure the health and well-being of animals in India Animal Health Care Market. Indian Animal Health Market registered an estimated growth of 14% with total sales of INR 7824.5 cr. (in 2020-21, the market recorded INR 6863.6 cr. after including some regional players and excluding unorganized players and companies with captive consumption).India Animal Health Care Market2Government Initiatives for Animal Welfare in India Livestock Health and Disease Control (LH&DC) Scheme: This initiative was launched with the overarching goal of eradicating Peste des Petits Ruminants (PPR) and managing Classical Swine Fever (CSF) globally. Financial aid is extended to State Implementing Agencies to facilitate this objective. Assistance to States for Control of Animal Disease (ASCAD): This program primarily focuses on immunization efforts, enhancing the infrastructure of State Veterinary Biological Production Units and Disease Diagnostic Laboratories, and providing training to veterinarians and para-veterinarians. State and union territory governments receive assistance to combat economically significant and zoonotic diseases affecting livestock and poultry. Peste des Petits Ruminants Control Programme (PPR-CP): This nationwide initiative aims to vaccinate all susceptible sheep and goats to control PPR. Central financial support is provided for immunization efforts and subsequent monitoring over four years. Establishment and Strengthening of Existing Veterinary Hospitals and Dispensaries (ESVHD): Under this scheme, the Central Government fully finances one-time expenses and shares recurrent expenses with state governments at a 60:40 ratio. The objective is to enhance the infrastructure and capabilities of veterinary hospitals and dispensaries. Classical Swine Fever Control Programme (CSF-CP): This program focuses on immunizing pigs across all states and union territories to control Classical Swine Fever outbreaks. National Project on Rinderpest Surveillance and Monitoring (NPRSM): This initiative provides support to bolster surveillance efforts aimed at maintaining the country's freedom from Rinderpest and Contagious Bovine Pleuro-Pneumonia (CBPP) infections. India achieved freedom from these diseases in May 2006 and May 2007, respectively.

Competitive Landscape

On August 11, 2023, Boehringer Ingelheim has recently expanded its NexGard product line in India, introducing NexGard S and M variants tailored for small (weighing 2-4 kgs) and medium (weighing 4-10 kgs) dogs, following the successful launch of NexGard X and L earlier in 2020. NexGard, formulated with afoxolaner, is designed for dogs and puppies from eight weeks old, delivering monthly treatment through flavored chewables that effectively eliminate fleas, ticks, and mites. Specifically, NexGard small and medium variants cater to puppies as young as eight weeks old, even those with a body weight as low as two kgs. The product stands out for its ease of administration and palatability, offering a convenient and reliable solution for pet owners to safeguard their pets from harmful parasites. Notably, NexGard is the sole FDA-approved product capable of preventing Lyme infections in dogs by targeting black-legged ticks.

Scope of the India Animal Health Care Market: Inquire before buying

India Animal Health Care Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 1.3 Bn.
Forecast Period 2024 to 2030 CAGR: 6.9% Market Size in 2030: US $ 2.07 Bn.
Segments Covered: by Animal Type Ruminant Swine Poultry Others
by Therapeutic Type Drugs Vaccines
by Distribution Channel Veterinary Hospitals Veterinary Clinics Pharmacies and Drug Stores

India Animal Health Care Market Key Players:

1. Zoetis Inc. 2. Merck & Co. Inc. 3. Ceva Santé Animale 4. Boehringer Ingelheim 5. Virbac 6. Indian Immunologicals Limited 7. Elanco Animal Health 8. Bayer AG 9. Vetoquinol 10. Intas Pharmaceuticals Ltd. 11. MSD Animal Health 12. Venky's India Ltd. 13. Godrej Agrovet Limited 14. Himalaya Wellness 15. Sequent Scientific Limited FAQ: 1] What segments are covered in the India Animal Health Care Market report? Ans. The segments covered in the Animal Health Care Market report are based on Animal Type, Therapeutic Type, and Distribution Channel. 2] What is the market size of the India Animal Health Care Market by 2030? Ans. The market size of the Animal Health Care Market by 2030 is expected to reach USD 2.07 Billion. 3] What is the forecast period for the India Animal Health Care Market? Ans. The forecast period for the Animal Health Care Market is 2024-2030. 4] What was the market size of the India Animal Health Care Market in 2023? Ans. The market size of the India Animal Health Care Market in 2023 was valued at USD 1.3 Billion.
1. India Animal Health Care Market: Research Methodology 2. India Animal Health Care Market Introduction 2.1. Study Assumption and Market Definition 2.2. Scope of the Study 2.3. Executive Summary 3. India Animal Health Care Market: Dynamics 3.1. India Animal Health Care Market Trends 3.2. India Animal Health Care Market Dynamics 3.2.1. Drivers 3.2.2. Restrains 3.2.3. Opportunities 3.2.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Technology Roadmap 3.6. Regulatory Landscape 3.7. Key Opinion Leader Analysis For India Animal Health Care Market 3.8. Analysis of Government Schemes and Initiatives For India's Animal Health Care Market 3.9. The COVID-19 Pandemic Impact on the India Animal Health Care Market 4. India Animal Health Care Market: Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 4.1. India Animal Health Care Market Size and Forecast, by Animal Type (2023-2030) 4.1.1. Ruminant 4.1.2. Swine 4.1.3. Poultry 4.1.4. Others 4.2. India Animal Health Care Market Size and Forecast, by Therapeutic Type (2023-2030) 4.2.1. Drugs 4.2.2. Vaccines 4.3. India Animal Health Care Market Size and Forecast, by Distribution Channel (2023-2030) 4.3.1. Veterinary Hospitals 4.3.2. Veterinary Clinics 4.3.3. Pharmacies and Drug Stores 5. India Animal Health Care Market: Competitive Landscape 5.1. MMR Competition Matrix 5.2. Competitive Landscape 5.3. Key Players Benchmarking 5.3.1. Company Name 5.3.2. Product Segment 5.3.3. End-user Segment 5.3.4. Revenue (2022) 5.3.5. Company Locations 5.4. Leading India Animal Health Care Market Companies, by Market Capitalization 5.5. Market Structure 5.5.1. Market Leaders 5.5.2. Market Followers 5.5.3. Emerging Players 5.6. Mergers and Acquisitions Details 6. Company Profile: Key Players 6.1. Zoetis Inc. 6.1.1. Company Overview 6.1.2. Business Portfolio 6.1.3. Financial Overview 6.1.4. SWOT Analysis 6.1.5. Strategic Analysis 6.1.6. Scale of Operation (Small, Medium, and Large) 6.1.7. Details on Partnership 6.1.8. Regulatory Accreditations and Certifications Received by Them 6.1.9. Awards Received by the Firm 6.1.10. Recent Developments 6.2. Merck & Co. Inc. 6.3. Ceva Santé Animale 6.4. Boehringer Ingelheim 6.5. Virbac 6.6. Indian Immunologicals Limited 6.7. Elanco Animal Health 6.8. Bayer AG 6.9. Vetoquinol 6.10. Intas Pharmaceuticals Ltd. 6.11. MSD Animal Health 6.12. Venky's India Ltd. 6.13. Godrej Agrovet Limited 6.14. Himalaya Wellness 6.15. Sequent Scientific Limited 7. Key Findings 8. Industry Recommendations