The animal health care market in India has a great potential for growth, owing to the rising consumption of animal protein by Indian people, increase in veterinary professionals and a number environment-related factors. This rapidly rising India animal health care market is the focus of a new market report added to the vast online collection of Market Research Reports Search Engine (MRRSE). The title of this report is “Animal Health Care Market - India Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”. The primary objective of this report is to offer in-depth insights into the market dynamics that influence the growth of India animal health care market over the forecast period.
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The report predicts that the Indian market for animal health care will expand at a healthy CAGR of 8.0% between 2016 and 2024. Rising at this pace, the market is expected to reach a value of US$1,179.4 million by the end of 2024 from US$590.0 million in 2015. The drivers that can be attributed for this growth are the development of new generation antibiotics for animal health care, rise in consumption of animal protein among Indian population and increase in epidemics of animal diseases. Apart from these factors, significant animal population and rising awareness about animal healthcare practices will also contribute to the growing animal health care market.
The report on India animal health care market begins with the market definition, followed by definitions of the various animal types and diverse therapeutic applications. The market dynamics such as key trends, drivers, restraints, opportunities and macro-economic factors impacting the growth of India animal health care market are analyzed in detail within the report. Next, the report studies the market on the basis of animal type and geographic zone and presents forecast in terms of market value for the next 10 years. On the basis of animal type, the major segments examined in the report are as follows:
- Bovine Species
- Porcine Species
- Ovine Species
- Poultry Species
- Canine Species
- Feline Species
South India, North India, East India, and West India are the four major zones of the India Animal Health Care Market. With a share of 37%, South India has emerged the largest zone in the country.
Detailed profiles of major companies operating in India animal health-care market are included within the scope of the report to assess their long and short-term business strategies. Some of the major players included in this report are Zoetis Inc., Bayer AG, Elanco, Merck & Co., Inc. (Intervet India Pvt. Ltd.), The Himalaya Drug Company, Merial, Virbac Group, Ceva Santé Animale, Vetoquinol, Boehringer Ingelheim GmbH, Cipla Inc. (Cipla Vet), Intas Pharmaceuticals Ltd., Cargill Incorporated, Venkys India, Zydus Animal Health, Ayurvet Limited and Natural Remedies Pvt. Ltd., among others.
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