Market Overview:
The India veterinary medicine market is expected to exhibit a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Veterinary medicine is a branch of medicine involving the prevention, management, diagnosis, and treatment of diseases that affect the health of household pets, exotic species, and wild animals. It assists in biomedical research and monitoring of animal health in commercial animal husbandry. Besides this, as it also aids in providing advanced medical, dental, and surgical care, which includes insulin injections, root canals, hip replacements, cataract extractions, and pacemakers, there is a rise in the demand for veterinary medicine across India.
India Veterinary Medicine Market Trends:
The increasing number of pet parents represent one of the key factors impelling the growth of the market in India. Moreover, there is a rise in the prevalence of zoonotic diseases, such as rabies, plague, toxoplasmosis, cysticercosis, echinococcosis, leptospirosis, nipah, trypanosomiasis, and kyasanur forest disease (KFD), in the country. As a result, the Government of India has implemented a centrally sponsored Livestock Health and Disease Control (LH&DC) scheme to tackle the issue of livestock health and disease effectively. It has also launched National Animal Disease Control Programme (NADCP) for controlling foot and mouth disease (FMD) and brucellosis by vaccinating cattle, buffalo, sheep, goat and pig population. This, coupled with the growing consumption of meat and dairy products in the country, is positively influencing the market. Apart from this, several state governments are introducing 24x7 veterinary hospitals to provide extended care to companion and farm animals. Additionally, leading players are introducing online veterinary consultation for pets across India. The increasing adoption of the one health (OH) approach, which is strategically gaining significance from veterinarians and healthcare providers, is also fueling the growth of the market in the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India veterinary medicine market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product, animal type, route of administration and distribution channel.
Breakup by Product:
- Drugs
- Anti-infective
- Anti-inflammatory
- Parasiticide
- Vaccines
- Inactivated Vaccines
- Attenuated Vaccines
- Recombinant Vaccines
- Medicated Feed Additives
Breakup by Animal Type:
- Companion Animals
- Livestock Animals
Breakup by Route of Administration:
Breakup by Distribution Channel:
- Veterinary Hospitals Pharmacies
- Retail Veterinary Pharmacies
- Online Pharmacies
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Product, Animal Type, Route of Administration, Distribution Channel, Region |
| Region Covered |
North India, West and Central India, South India, East India |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India veterinary medicine market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India veterinary medicine market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the animal type?
- What is the breakup of the market based on the route of administration?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the India veterinary medicine market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Veterinary Medicine Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Drugs
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Anti-infective
6.1.2.2 Anti-inflammatory
6.1.2.3 Parasiticide
6.1.3 Market Forecast
6.2 Vaccines
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Inactivated Vaccines
6.2.2.2 Attenuated Vaccines
6.2.2.3 Recombinant Vaccines
6.2.3 Market Forecast
6.3 Medicated Feed Additives
6.3.1 Market Trends
6.3.2 Key Segments
6.3.2.1 Amino Acids
6.3.2.2 Antibiotics
6.3.3 Market Forecast
7 Market Breakup by Animal Type
7.1 Companion Animals
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Livestock Animals
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Route of Administration
8.1 Oral
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Parenteral
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Topical
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 Veterinary Hospitals Pharmacies
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Retail Veterinary Pharmacies
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Online Pharmacies
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North India
10.1.1 Market Trends
10.1.2 Market Breakup by State
10.1.3 Market Forecast
10.2 West and Central India
10.2.1 Market Trends
10.2.2 Market Breakup by State
10.2.3 Market Forecast
10.3 South India
10.3.1 Market Trends
10.3.2 Market Breakup by State
10.3.3 Market Forecast
10.4 East India
10.4.1 Market Trends
10.4.2 Market Breakup by State
10.4.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
List of Figures
Figure 1: India: Veterinary Medicine Market: Major Drivers and Challenges
Figure 2: India: Veterinary Medicine Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: Veterinary Medicine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: Veterinary Medicine Market: Breakup by Product (in %), 2021
Figure 5: India: Veterinary Medicine Market: Breakup by Animal Type (in %), 2021
Figure 6: India: Veterinary Medicine Market: Breakup by Route of Administration (in %), 2021
Figure 7: India: Veterinary Medicine Market: Breakup by Distribution Channel (in %), 2021
Figure 8: India: Veterinary Medicine Market: Breakup by Region (in %), 2021
Figure 9: India: Veterinary Medicine (Drugs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: India: Veterinary Medicine (Drugs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: India: Veterinary Medicine (Vaccines) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: India: Veterinary Medicine (Vaccines) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: India: Veterinary Medicine (Medicated Feed Additives) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: India: Veterinary Medicine (Medicated Feed Additives) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: India: Veterinary Medicine (Companion Animals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: India: Veterinary Medicine (Companion Animals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: India: Veterinary Medicine (Livestock Animals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: India: Veterinary Medicine (Livestock Animals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: India: Veterinary Medicine (Oral) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: India: Veterinary Medicine (Oral) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: India: Veterinary Medicine (Parenteral) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: India: Veterinary Medicine (Parenteral) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: India: Veterinary Medicine (Topical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: India: Veterinary Medicine (Topical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: India: Veterinary Medicine (Veterinary Hospitals Pharmacies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: India: Veterinary Medicine (Veterinary Hospitals Pharmacies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: India: Veterinary Medicine (Retail Veterinary Pharmacies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: India: Veterinary Medicine (Retail Veterinary Pharmacies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: India: Veterinary Medicine (Online Pharmacies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: India: Veterinary Medicine (Online Pharmacies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: North India: Veterinary Medicine Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North India: Veterinary Medicine Market: Breakup by State (in %), 2021
Figure 33: North India: Veterinary Medicine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: West and Central India: Veterinary Medicine Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: West and Central India: Veterinary Medicine Market: Breakup by State (in %), 2021
Figure 36: West and Central India: Veterinary Medicine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: South India: Veterinary Medicine Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: South India: Veterinary Medicine Market: Breakup by State (in %), 2021
Figure 39: South India: Veterinary Medicine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: East India: Veterinary Medicine Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: East India: Veterinary Medicine Market: Breakup by State (in %), 2021
Figure 42: East India: Veterinary Medicine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Veterinary Medicine Industry: SWOT Analysis
Figure 44: India: Veterinary Medicine Industry: Value Chain Analysis
Figure 45: India: Veterinary Medicine Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: India: Veterinary Medicine Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Veterinary Medicine Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: India: Veterinary Medicine Market Forecast: Breakup by Animal Type (in Million US$), 2022-2027
Table 4: India: Veterinary Medicine Market Forecast: Breakup by Route of Administration (in Million US$), 2022-2027
Table 5: India: Veterinary Medicine Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: India: Veterinary Medicine Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: India: Veterinary Medicine Market: Competitive Structure
Table 8: India: Veterinary Medicine Market: Key Players