The India veterinary pharmaceuticals market size reached USD 1,155.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,219.6 Million by 2033, exhibiting a growth rate (CAGR) of 7.5% during 2025-2033. The market is growing due to rising livestock production, pet ownership, and disease management needs. Furthermore, the increased demand for drugs, vaccines, and medicated feed additives across livestock and companion animals, supported by evolving veterinary healthcare infrastructure is impelling the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1,155.8 Million |
Market Forecast in 2033 | USD 2,219.6 Million |
Market Growth Rate (2025-2033) | 7.5% |
Rising Livestock Population
Rising livestock population in India is driving significant demand for veterinary pharmaceuticals. As dairy and poultry farming expand to meet the country’s nutritional needs, the India veterinary pharmaceuticals market growth is accelerating, fueled by the need for higher productivity, disease prevention, and better animal health outcomes. Farmers are increasingly investing in vaccines, antibiotics, and feed additives to reduce mortality rates and enhance milk and meat yields. Poultry producers, in particular, are relying on antiparasitics and gut health enhancers to maintain flock health in intensive farming setups. Regional government initiatives supporting breed improvement and animal health infrastructure are further boosting demand. This surge in livestock-based agriculture is also prompting pharmaceutical companies to expand rural distribution networks and tailor formulations to Indian conditions. These dynamics are expected to steadily improve India veterinary pharmaceuticals market share, especially among domestic manufacturers.
Rise in Government Support
Government support through targeted schemes is strengthening India’s veterinary healthcare infrastructure. A major recent development further reinforcing this trend is the government’s approval of an expanded livestock health initiative. For instance, in March 2025, the Union Cabinet, chaired by the Prime Minister, approved the Rs. 3,880 crore Revision of the Livestock Health and Disease Control Programme (LHDCP) for 2024-26. The scheme includes three components and focuses on disease prevention through immunization, enhancing veterinary healthcare, and promoting generic medicines, benefiting farmers and rural entrepreneurs. Programs such as the Rashtriya Gokul Mission and National Livestock Mission are improving breed quality, boosting animal productivity, and expanding access to veterinary services in rural areas. These initiatives are enabling timely disease diagnosis and treatment, increasing awareness of preventive care, and promoting scientific livestock management practices. As more states adopt mobile veterinary clinics and subsidized healthcare programs, the demand for quality veterinary pharmaceuticals is rising. Public-private partnerships are also encouraging local manufacturing of essential animal health products. In parallel, the government’s focus on doubling farmers’ income is pushing the adoption of productivity-enhancing veterinary drugs. These policy-level efforts are creating a more structured and accessible ecosystem for animal healthcare, supporting long-term sector expansion. These developments are shaping a positive India veterinary pharmaceuticals market outlook.
Focus on Disease Prevention
A growing focus on disease prevention is reshaping the veterinary pharmaceuticals market in India. Farmers are increasingly recognizing the economic impact of animal diseases, which can lead to reduced productivity, higher mortality, and significant financial losses. To mitigate these risks, there is a shift toward proactive healthcare approaches, including regular vaccination, deworming, and biosecurity practices. Preventive veterinary care not only improves animal welfare but also enhances milk, egg, and meat yields, supporting overall farm profitability. Government campaigns and awareness programs are also encouraging farmers to adopt preventive solutions rather than relying solely on treatment after illness occurs. This trend is boosting demand for vaccines, parasiticides, and diagnostic services, and is expected to play a vital role in sustaining livestock health and farm economics across India.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on product type, indication, animal type, route of administration, and distribution channel.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes drugs (anti-infective, anti-inflammatory and parasiticide), vaccines (inactivated vaccines, attenuated vaccines, recombinant vaccines and others) and medicated feed additives (amino acids, and antibiotics and antimicrobials).
Indication Insights:
A detailed breakup and analysis of the market based on the indication have also been provided in the report. This includes infectious diseases, dermatologic diseases, pain, orthopedic diseases, behavioral diseases and others.
Animal Type Insights:
A detailed breakup and analysis of the market based on the animal type have also been provided in the report. This includes production animals/livestock (poultry, swine, cattle, sheep and goats and others) and companion animals (dogs, cats, horses and others).
Route of Administration Insights:
A detailed breakup and analysis of the market based on the route of administration have also been provided in the report. This includes oral route, parenteral route and topical route.
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes veterinary hospitals, veterinary clinics and retail pharmacies.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered |
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Indications Covered | Infectious Diseases, Dermatologic Diseases, Pain, Orthopedic Diseases, Behavioral Diseases, Others |
Animal Types Covered |
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Route of Administrations Covered | Oral Route, Parenteral Route, Topical Route |
Distribution Channels Covered | Veterinary Hospitals, Veterinary Clinics, Retail Pharmacies |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
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:
Key Benefits for Stakeholders: