Top Companies in the India Veterinary Medicine Industry

The India veterinary medicine market size reached USD 869.8 Million in 2024. The market is projected to reach USD 1,499.8 Million by 2033, exhibiting a growth rate (CAGR) of 5.6% during 2025-2033. Veterinary medicine is mainly concerned with the prevention, management, diagnosis, and treatment of diseases that occur in animals. It involves the development of vaccines and drugs and controlling the transmission of zoonotic diseases to humans. It also includes other services, such as animal transportation and procurement, surgery and perioperative care, laboratory testing, animal biosecurity, and surveillance. Over the years, due to the increasing production of livestock animals, there has been an escalating demand for veterinary medicine across India.

As per the analysis by IMARC Group, the top Indian veterinary medicine companies are conducting research and development (R&D) activities to introduce safe and improved animal treatment methods and vaccines. For instance, Boehringer Ingelheim India recently launched poultry vaccine VAXXITEK HVT+IBD, an innovative recombinant single-shot vaccine for ensuring life-long protection for chickens, broilers, layers, and breeders. They are also introducing online veterinary consultations for pets across India. Besides this, the leading market players are providing innovative medical and screening devices for the diagnosis of various animals.

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List of Top Companies Operating in the India Veterinary Medicine Industry:

The India veterinary medicine market has several major players including Ani Healthcare Private Limited, Ashish Life Science Pvt Limited, Century Pharmaceuticals Ltd, GMT Pharma International, Hester Biosciences Limited, Indian Immunologicals Ltd., MarchVET, SSS Pharmachem Pvt. Ltd, Stanex Drugs & Chemicals Pvt. Ltd., Virbac, Zenley Animal Health, and Zovix Pharmaceuticals. More information about these companies has been provided below.

1. Ani Healthcare Private Limited

Ani Healthcare Private Limited excels as a market specialist in the pharmaceuticals and veterinary industry in most of the regions of the country. It primarily produces pharma and veterinary products such as tablets, capsules, injections, feed supplements, soaps, liquids, and syrups. Presently, the company is known as one of the Top PCD Pharma Franchise Companies in India.

2. Ashish Life Science Pvt Limited

Ashish Life Science Pvt Limited is a part of the “Ashish Group of Industries,” established in 1975. It produces various pharmaceutical products for companion animals, livestock, and poultry. The company, over a period of time, has established its name in the national and international markets by providing a high level of customer satisfaction. Presently, the company operates across India and more than 50 countries worldwide.

3. Century Pharmaceuticals Ltd

Century Pharmaceuticals Ltd has been engaged in manufacturing APIs for over three decades. It also offers various services such as contract research, contract manufacturing, and method development, which involves long-term contracts for manufacturing intermediates and developing customized APIs per consumer requirements. Besides this, the company is engaged in developing significant biotechnology research capabilities in the area of targeted human therapeutic proteins.

4. GMT Pharma International

GMT Pharma International is one of the top third-party pharma manufacturers, with its exclusive and extensive product range. It supplies products in human and veterinary ranges across India. The company offers manufacturing deals in all types of human and veterinary injections (dry and liquid), including Non-Betalactum, Carbapenems, Cephalosporins, Betalacfum, Eye/Ear/ Nasal Drops, Liquid Injectables, Sprays, and Penicillin Injections. Besides this, GMT Pharma offers more than 350 products and molecules manufactured under different brand names for their clients.

5. Hester Biosciences Limited

Hester Biosciences has grown into one of India’s leading veterinary healthcare companies, recognized especially for poultry and livestock vaccines. Its product basket includes viral and bacterial vaccines, diagnostic kits, and feed supplements, with solutions tailored for farmers, large poultry businesses, and the pet care segment. The company operates a large biologics facility, enabling exports to several countries across Asia and Africa. Hester is also engaged in collaborative projects for developing vaccines against animal diseases of regional concern. By focusing on prevention, nutrition, and diagnostics, it plays a key role in strengthening animal health management in India.

6. Indian Immunologicals Ltd.

Indian Immunologicals Ltd, part of NDDB since 1982, has built its reputation as a major producer of animal vaccines in India. The company supplies a broad portfolio covering livestock, poultry, and companion animals, alongside selected human vaccines. Its strengths lie in large-scale vaccine manufacturing, supported by advanced plants in Hyderabad and Ooty, and a strong distribution system reaching farmers nationwide. Known for cost-effective disease control solutions, the company has also pioneered products like modern rabies vaccines and continues to invest in next-generation biologics. Beyond India, it exports widely, serving both rural communities and international public health programs.

7. MarchVET

MarchVET is one of the leading manufacturers and exporters of veterinary medicines. The company specializes in anthelmintic and anti-parasitic liquid orals, injections, and tablets related to gastrointestinal roundworms, liver flukes, tapeworms, nematodes, hookworms, and whipworms. The company produces all its products in a manufacturing facility established in India.

8. SSS Pharmachem Pvt. Ltd

SSS Pharmachem Pvt. Ltd specializes in manufacturing pharmaceuticals for human and animal health. It discovers, develops, manufactures, and commercializes a diverse portfolio of animal health medicines and supplements to meet the needs of veterinarians, livestock farmers, and companion animal owners. The company offers feed supplement orals, bolus, powders, and licks, and pharmaceutical orals, bolus, ointments, capsules, tablets, and orals.

9. Stanex Drugs & Chemicals Pvt. Ltd.

Stanex Drugs & Chemicals Private Limited is a leading manufacturer of a wide range of pharmaceutical injections and capsules. It commenced its operations with a single unit for veterinary products and expanded into Human Injectables in 2004 with a world-class facility in Hyderabad. The company is focused on producing small-volume liquid Injectable, lyophilized products and aims to become one of the largest injectable focussed companies. At present, Stanex has a presence in more than 50 countries worldwide.

10. Virbac

Virbac manufactures and sells various products and services for companion and food-producing animals in Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. It offers vaccines, reproduction, dermatology, dental hygiene, parasiticides, diagnostic, antibiotics, and aquaculture products. In addition, it provides veterinary medicines for geriatrics, behavior, anesthesia, injectable micronutrients, pet food, and electronic identification. Currently, the company serves veterinarians, farmers, and pet owners.

11. Zenley Animal Health

Zenley animal health  is a leading supplier and manufacturer of veterinary medicines, injections, feed supplements, bolus, sprays, oral liquids, external liquids, and ayurvedic products. Over the years, the company has made a reputed name with high-quality ayurvedic herbal spray for ticks, amoxicillin, and cloxacillin injections. Presently, Zenly has a pan-India presence and caters to a huge consumer base throughout the country.

12. Zovix Pharmaceuticals

Zovix Pharmaceuticals is a marketing-based veterinary pharmaceutical company with its main focus on making available quality pharmaceutical products for customers. It produces bolus, injections, liquids, sprays, and other products. The company aims to emerge as a leading veterinary pharmaceutical company by making available quality veterinary pharmaceutical products at affordable costs.

Get an inside look at the India veterinary medicine market with exclusive insights, including:

• CAGR projections during the 2025-2033 forecast period.
• In-depth information on the factors that will fuel the India veterinary medicine market growth in the next five years.
• Precise predictions regarding upcoming trends and potential changes in consumer behavior.
• Analysis of the India veterinary medicine industry's expansion at the regional and global level.
• A thorough review of the market's competitive landscape and detailed information on key players.
• Detailed explanations of the challenges that could impede the growth of the India veterinary medicine market.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has successfully done multiple projects in the veterinary medicine industry, which has enabled clients to set up and expand their businesses. Some of the company’s offerings include:

• Market Research
• Plant setup
• Plant Expansion
• Marketing and sales
• Procurement and Distribution
• Innovation and Product Development