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With 9.52% CAGR, India Animal Health Market Size to Reach INR 114.12 Billion 2022-2027

12-05-2022 06:51 AM CET | Health & Medicine

Press release from: IMARC Group

With 9.52% CAGR, India Animal Health Market Size to Reach INR

According to the latest report by IMARC Group "India Animal Health Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The India animal health market reached a value of INR 67.83 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 114.12 Billion by 2027, exhibiting a CAGR of 9.52% during 2022-2027.

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.

Get a PDF Sample for more detailed market insights:https://www.imarcgroup.com/india-animal-health-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

India Animal Health Market Trends:

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India animal health market, along with forecasts at the country and state level from 2022-2027. Our report has categorized the market based on animal type, product type and distribution channel.

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.

For more information about this report visit: https://www.imarcgroup.com/india-animal-health-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Other Trending Report by IMARC Group:

Indian Vaccine Market: https://www.imarcgroup.com/indian-vaccine-market

Indian Diabetes Market: https://www.imarcgroup.com/india-diabetes

Asia Pacific Sports Medicine Market: https://www.imarcgroup.com/asia-pacific-sports-medicine-market

Europe Sports Medicine Market: https://www.imarcgroup.com/europe-sports-medicine-market

Personal Mobility Devices Market: https://www.imarcgroup.com/personal-mobility-devices-market

Ambulance Services Market: https://www.imarcgroup.com/ambulance-services-market

Artificial Insemination Market: https://www.imarcgroup.com/artificial-insemination-market

Newborn Screening Market: https://www.imarcgroup.com/newborn-screening-market

Biosensors Market: https://www.imarcgroup.com/biosensors-market

Nerve Repair And Regeneration Market: https://www.imarcgroup.com/nerve-repair-regeneration-market

Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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