India Animal Health Market 2023 | Share, Trends, Growth, Size and Forecast 2028

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.

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.

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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.

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.

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