India Animal Healthcare Market Outlook to 2028

India Animal Healthcare Market Overview

The India animal healthcare market is valued at USD 600 million, based on a five-year historical analysis. The market is driven by several factors including the growing livestock population and increased demand for animal-based products such as dairy, meat, and poultry. The rise in awareness about animal health and government programs supporting livestock health have also contributed to the markets growth.

In India, states like Punjab, Maharashtra, and Uttar Pradesh dominate the market. These regions are known for their large livestock populations, including dairy farming, poultry, and cattle. The reason for this dominance is the established dairy and poultry industries, which require substantial veterinary care and health services. Additionally, favorable government policies in these states promoting animal health and rural livelihoods have further enhanced their standing in the market.

The NADCP, launched by the government in 2020, aims to eradicate diseases like foot-and-mouth disease (FMD) by vaccinating over 530 million livestock annually. In 2024, the program vaccinated 200 million cattle, leading to an increased demand for vaccines, diagnostic tools, and veterinary services across the country, creating opportunities for the healthcare sector.

India Animal Healthcare Market Segmentation

By Product Type: Th market is segmented by product type into pharmaceuticals, biologics (vaccines), animal feed additives, and veterinary diagnostics. Pharmaceuticals have recently dominated the market, as they are critical in treating a wide range of diseases and conditions in livestock and companion animals. Products like antibiotics and parasiticides are in high demand due to the increasing occurrence of zoonotic diseases, alongside the rising need for preventive care, especially among large-scale poultry and dairy farms.

By Animal Type: The market is segmented by animal type into livestock (cattle, poultry, swine, and sheep & goats) and companion animals (dogs, cats, and horses). Livestock, particularly poultry and cattle, dominate this segment due to India's vast dairy and poultry sectors. Dairy farming is highly supported by both private and public initiatives, leading to increased demand for vaccines, supplements, and health management products for cattle. The growth of urban pet adoption has also driven the companion animal sub-segment, particularly in cities.

India Animal Healthcare Market Competitive Landscape

The market is consolidated with a few dominant players, including both local and multinational companies. Companies such as Zoetis, Indian Immunologicals, and Hester Biosciences lead the market due to their extensive product portfolios and strong R&D capabilities. These players invest heavily in developing new veterinary drugs and vaccines, enabling them to cater to both the livestock and companion animal segments effectively.

Company Name

Establishment Year

Headquarters

Revenue

R&D Expenditure

Geographic Presence

Product Portfolio

Strategic Partnerships

Employee Count

Market Share

Zoetis Inc.

1952

USA

Hester Biosciences Ltd.

1983

India

Indian Immunologicals Ltd.

1982

India

Virbac

1968

France

Intas Pharmaceuticals Ltd.

1976

India

India Animal Healthcare Market Analysis

Market Growth Drivers

Increasing Livestock Population and Demand for Protein: India has one of the largest livestock populations globally, with over 535 million animals as of 2024. The country has seen a steady rise in livestock, particularly cattle and poultry, driven by growing domestic demand for meat, milk, and eggs. The per capita consumption of milk, for instance, reached around 420 grams per day, contributing to the growing need for veterinary medicines, vaccines, and healthcare services for animals to ensure optimal production.

Government Push for Animal Vaccination and Welfare Programs: The Government of India has launched initiatives like the National Animal Disease Control Programme (NADCP), which aims to vaccinate 530 million cattle against foot-and-mouth disease. As of 2024, over 200 million animals have been vaccinated, creating a surge in demand for vaccines, diagnostic services, and animal care products across the country. These government programs are a key driver for the veterinary pharmaceutical and healthcare services market.

Growth in Dairy and Meat Export Sector: India's dairy sector produced 210 million metric tons of milk in 2024, making it the largest milk producer globally. Additionally, meat exports have gained momentum, with nearly 1.5 million tons of buffalo meat being exported annually. These figures highlight the need for maintaining the health and productivity of livestock, boosting demand for animal healthcare solutions, particularly in preventive care and nutritional supplements for cattle and poultry.

Market Challenges

High Cost of Veterinary Care: Despite the growing demand for veterinary healthcare, affordability remains a barrier. The average cost of veterinary consultations has increased to 1,500 in urban areas, making it challenging for small-scale farmers in rural areas to access quality healthcare. This limits the reach of healthcare services and impacts the market's potential growth in underserved regions.

Poor Infrastructure in Rural Areas: Despite government efforts, rural areas still struggle with inadequate infrastructure, including lack of access to veterinary clinics, diagnostic labs, and cold chain facilities for vaccines. Around 80% of livestock are reared in rural areas, where the veterinary infrastructure is limited, hindering timely access to healthcare. This issue significantly restricts the markets potential growth.

India Animal Healthcare Market Future Outlook

Over the next five years, the India animal healthcare industry is expected to show growth, driven by government support for animal welfare, advances in veterinary technology, and a rise in livestock farming activities. Increasing demand for preventive healthcare, such as vaccination programs, will further accelerate the growth of the sector.

Future Market Opportunities

Rise in Demand for Organic Veterinary Products: The next five years will witness a surge in demand for organic and herbal veterinary healthcare products, particularly among health-conscious consumers and farmers focused on sustainable farming practices. The market for such products is expected to increase as consumers and regulators emphasize organic food production and animal welfare.

Growth of Digital Veterinary Services: By 2029, the animal healthcare market will likely see widespread adoption of digital veterinary services, including telemedicine platforms. With over 60% of Indias veterinary professionals expected to engage in teleconsultations, the use of AI, mobile apps, and e-pharmacies will grow, providing cost-effective healthcare solutions to rural and underserved areas.
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