Global Veterinary Pharmaceutical Preparations Market - Industry Dynamics, Size, And Opportunity Forecast To 2032
Report ID: MS-888 | Healthcare and Pharma | Last updated: May, 2025 | Formats*:
The veterinary pharmaceutical preparations market includes the design, production, distribution, and marketing of medicinal items specifically tailored and licensed for application in animals. The preparations are intended to treat, diagnose, and protect against a vast array of diseases, ailments, and health conditions that impact various species of animals, ranging from companion animals (household pets) to livestock (farm animals) and aquaculture. The market contains a wide range of product categories, including vaccines, antibiotics, parasiticides, painkillers, therapeutic nutritional supplements, and other special drugs designed to meet the physiological and pathological requirements of various animal populations.
The core objective of the market for veterinary pharmaceutical preparations is to ensure animal health and well-being, thus ensuring food safety (for livestock) and the well-being of animals. The market is strictly regulated by veterinary agencies in every geographic area to protect the safety and efficacy of the products. It takes extensive research and development to determine animal-specific health issues and develop effective pharmaceutical interventions.
Veterinary Pharmaceutical Preparations Report Highlights
| Report Metrics | Details |
|---|---|
| Forecast period | 2019-2032 |
| Base Year Of Estimation | 2024 |
| Growth Rate | CAGR of 7.9% |
| Forecast Value (2032) | USD 57 Billion |
| By Product Type | Vaccines, Antibiotics, Analgesics, Anti-inflammatory Drugs, Parasite Control Products |
| Key Market Players |
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| By Region |
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Veterinary Pharmaceutical Preparations Market Trends
The veterinary drug preparations industry is now facing a few key trends. One of the most notable is the growth in pet ownership and humanisation of pets, with an enhanced need for sophisticated and specialised veterinary drugs, aligning with the trends observed in human medicine. Pet owners are becoming more open to paying more for their pets' well-being, and this results in increased demand for chronic disease treatments, pain relief, and preventive care such as vaccines and parasiticides.
Another significant trend is the increasing attention on livestock health and food safety. With increasing global population and need for animal protein, the health and productivity of livestock must be ensured. This is leading to the need for vaccines, anti-infectives, and medicated feed additives. Additionally, there's growing focus on preventative medicine in companion animals as well as production animals, as well as increased interest in natural and alternative veterinary products. The market also witnesses growth in biologics and speciality therapeutics, along with the usage of digital technologies for enhanced animal health management.
Veterinary Pharmaceutical Preparations Market Leading Players
The key players profiled in the report are Huvepharma, Zoetis, China Animal Husbandry Industry Co.Ltd., Merck & Co.Inc., Virbac, Tianjin Ringpu Bio-technology Co.Ltd., Guangdong Vtr Bio-Tech Co.Ltd., Wuhan Hvsen Biotechnology Co.LTD, Ceva Santé Animale, Elanco, IDEXX, Lifecome Biochemistry Co.Ltd. Pulike Biological Engineering Inc., Boehringer Ingelheim, Beijing Centre Biology Co.Ltd. Jinhe Biotechnology Co.Ltd., Qilu Pharmaceutical Co. Ltd, Shanghai Hile Bio-Technology Co.Ltd., Hebei Yuanzheng Pharmaceutical Co.Ltd.Growth Accelerators
The market for veterinary pharmaceutical preparations is driven by some major factors indicating the rising significance of animal health across the world. First, increasing pet ownership and humanisation of pets, i.e., companion animals being treated as family members, result in greater expenditure on their healthcare, including preventive and therapeutic medicines. Secondly, the increasing demand for animal protein as a result of a growing world population makes a healthy livestock industry necessary, and this elevates the demand for livestock medicines to maintain the health of farm animals as well as productivity.
In addition, the rising incidence of animal diseases, including zoonotic diseases that have the potential for transmission to humans, and the expanding concern for animal health and welfare are key drivers. Such concern is further buttressed by government programmes and legislation in controlling animal diseases and food safety, often making vaccinations and other pharmaceutical interventions obligatory.
Veterinary Pharmaceutical Preparations Market Segmentation analysis
The Global Veterinary Pharmaceutical Preparations is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Vaccines, Antibiotics, Analgesics, Anti-inflammatory Drugs, Parasite Control Products . The Application segment categorizes the market based on its usage such as Aquatic Animals, Livestock Animals, Companion Animals, Poultry, Equine. Geographically, the market is assessed across key Regions like North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The competitive environment of the veterinary pharmaceutical preparations industry consists of a combination of multinational giants and smaller, niche companies. Major players compete based on the width of their product portfolio (vaccines, parasiticides, antibiotics, and speciality drugs), formulation and delivery innovation, and distribution networks extending to veterinary clinics, animal hospitals, and livestock farms.
In addition, the market also witnesses mounting competition from generic drug companies as patents for the mature drugs expire, providing cheaper alternatives. Pet humanisation and growing awareness of pet health are also impacting competition, with companies working towards creating more palatable and convenient formulations for pet animals.
Challenges In Veterinary Pharmaceutical Preparations Market
The veterinary pharmaceutical preparations industry is confronted with considerable challenges mainly because of sophisticated and changing regulatory demands in various geographical areas. Firms have to undergo lengthy and time-consuming approval procedures involving extensive data gathering on safety, effectiveness, and manufacturing quality. Regulatory environments vary across large markets like the US (FDA CVM), EU (EMA), and so on, causing extended timeframes, higher expenditure, and the necessity of multiple, customized submissions for a similar product. These barriers are particularly taxing for small firms with limited resources and specialised staff needed for compliance and consistent regulatory maintenance.
Other challenges are the increasing risk of antimicrobial resistance, prompting stronger controls on the use of antibiotics in animals, and the requirement for strong pharmacovigilance and post-market surveillance mechanisms to track real-world safety. The advent of new treatments like biologics and gene therapies brings regulatory challenges, as current frameworks tend to not be able to analyse such innovations effectively. Together, all these factors form a very regulated and competitive landscape to make the process of developing and commercialising veterinary medicines both expensive and time-consuming.
Risks & Prospects in Veterinary Pharmaceutical Preparations Market
Major market opportunities are rising pet ownership, improved disposable incomes, urbanisation, and growing penetration of pet insurance. Technologies such as stem cell therapies, nanotechnology to address antibiotic resistance, chewable tablets, new vaccines, and telemedicine platforms are redefining the market scenario.
Regionally, North America dominates the veterinary pharmaceuticals market due to high pet spending, robust regulatory environments, and the availability of key industry players. Asia-Pacific is the second largest and fastest developing region, led by growth in companion animal adoption, expanding spending on animal health, and massive populations of livestock. Europe also has a substantial share because of developed veterinary healthcare infrastructure and animal welfare awareness increases. Other regions, including Latin America and the Middle East & Africa, are also experiencing steady growth, led by government efforts to enhance animal health and food safety levels.
Key Target Audience
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The market for veterinary pharmaceutical preparations mainly addresses veterinary professionals, such as veterinarians, veterinary clinics, and hospitals, who need drugs to treat or prevent animal diseases. The professionals use drugs like anti-infectives, anti-inflammatory medication, and parasiticides in the management of companion and livestock animals' health. The rising cases of zoonotic disease, increased number of pets kept, and the growing consumption of animal products are factors leading to the increased demand for veterinary pharmaceuticals.
, Also, the market serves livestock producers and pet owners who are looking for efficient pharma products to provide health and productivity to their animals. Livestock producers employ veterinary drugs to control and treat diseases to improve the quality and volume of animal commodities. Pet owners, however, are increasingly perceiving pets as members of their family, which promotes willingness to spend on their pets' healthcare. This pattern has led to a high level of demand for veterinary drugs, especially in markets with high ownership levels of domestic pets.
Merger and acquisition
Recent mergers and acquisitions (M&As) in the veterinary pharmaceutical preparations sector reflect strategic emphasis on product portfolio growth, augmenting R&D strength, and geographical expansion. For example, in 2024, Dechra Pharmaceuticals acquired Boston-based veterinary biotherapeutics firm Invetx for $520 million. The deal enhances Dechra's companion animal business by providing monoclonal antibody therapeutics for chronic feline and canine diseases. In the same vein, Swedish companion animal pharmaceutical firm Swedencare bought Canadian pet health business MedVant for SEK34.8 million ($3.2M), its first commercial veterinary business in Canada.
These strategic acquisitions are a part of a wider trend wherein companies try diversifying their portfolios and moving into new geographies. For instance, in 2023, Zoetis picked up PetMedix, a UK firm dealing in species-specific antibody therapies for pets, thus enriching its biologics pipeline. Merck & Co. also picked up Vence, a livestock management firm, and merged it with Merck Animal Health to enhance its footprint in livestock health. These purchases are testaments to the industry's push for innovation and expanding market due to growing demand for sophisticated veterinary drugs.
Analyst Comment
The market for veterinary pharmaceutical preparations is growing strongly, and the global market is expected to grow from around $35.36 billion in 2024 to $50.59 billion by 2029. Several drivers are behind this growth, such as rising pet ownership, increased expenditure on companion animals, rising incidence of animal diseases, and rising penetration of pet insurance. Moreover, the industry is also complemented by progress in drug discovery, including the advent of stem cell therapies, nanotechnology for overcoming antibiotic resistance, and the launching of new products like chewable tablets and advanced vaccines. The growth of e-commerce and telemedicine portals is also increasing the availability and convenience of veterinary medicines for veterinarians and animal owners alike.
- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Veterinary Pharmaceutical Preparations- Snapshot
- 2.2 Veterinary Pharmaceutical Preparations- Segment Snapshot
- 2.3 Veterinary Pharmaceutical Preparations- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Veterinary Pharmaceutical Preparations Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Vaccines
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Antibiotics
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Anti-inflammatory Drugs
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5 Analgesics
- 4.5.1 Key market trends, factors driving growth, and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
- 4.6 Parasite Control Products
- 4.6.1 Key market trends, factors driving growth, and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market share analysis by country
5: Veterinary Pharmaceutical Preparations Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Companion Animals
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Livestock Animals
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Aquatic Animals
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
- 5.5 Poultry
- 5.5.1 Key market trends, factors driving growth, and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market share analysis by country
- 5.6 Equine
- 5.6.1 Key market trends, factors driving growth, and opportunities
- 5.6.2 Market size and forecast, by region
- 5.6.3 Market share analysis by country
6: Veterinary Pharmaceutical Preparations Market by Dosage Form
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Injectables
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 Orals
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4 Topicals
- 6.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
7: Veterinary Pharmaceutical Preparations Market by Route of Administration
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Intravenous
- 7.2.1 Key market trends, factors driving growth, and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
- 7.3 Intramuscular
- 7.3.1 Key market trends, factors driving growth, and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
- 7.4 Subcutaneous
- 7.4.1 Key market trends, factors driving growth, and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market share analysis by country
- 7.5 Oral
- 7.5.1 Key market trends, factors driving growth, and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market share analysis by country
- 7.6 Topical
- 7.6.1 Key market trends, factors driving growth, and opportunities
- 7.6.2 Market size and forecast, by region
- 7.6.3 Market share analysis by country
8: Veterinary Pharmaceutical Preparations Market by Distribution Channels
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 Veterinary Hospitals
- 8.2.1 Key market trends, factors driving growth, and opportunities
- 8.2.2 Market size and forecast, by region
- 8.2.3 Market share analysis by country
- 8.3 Veterinary Clinics
- 8.3.1 Key market trends, factors driving growth, and opportunities
- 8.3.2 Market size and forecast, by region
- 8.3.3 Market share analysis by country
- 8.4 Pharmacies & Drug Stores
- 8.4.1 Key market trends, factors driving growth, and opportunities
- 8.4.2 Market size and forecast, by region
- 8.4.3 Market share analysis by country
9: Veterinary Pharmaceutical Preparations Market by Region
- 9.1 Overview
- 9.1.1 Market size and forecast By Region
- 9.2 North America
- 9.2.1 Key trends and opportunities
- 9.2.2 Market size and forecast, by Type
- 9.2.3 Market size and forecast, by Application
- 9.2.4 Market size and forecast, by country
- 9.2.4.1 United States
- 9.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 9.2.4.1.2 Market size and forecast, by Type
- 9.2.4.1.3 Market size and forecast, by Application
- 9.2.4.2 Canada
- 9.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 9.2.4.2.2 Market size and forecast, by Type
- 9.2.4.2.3 Market size and forecast, by Application
- 9.2.4.3 Mexico
- 9.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 9.2.4.3.2 Market size and forecast, by Type
- 9.2.4.3.3 Market size and forecast, by Application
- 9.2.4.1 United States
- 9.3 South America
- 9.3.1 Key trends and opportunities
- 9.3.2 Market size and forecast, by Type
- 9.3.3 Market size and forecast, by Application
- 9.3.4 Market size and forecast, by country
- 9.3.4.1 Brazil
- 9.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 9.3.4.1.2 Market size and forecast, by Type
- 9.3.4.1.3 Market size and forecast, by Application
- 9.3.4.2 Argentina
- 9.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 9.3.4.2.2 Market size and forecast, by Type
- 9.3.4.2.3 Market size and forecast, by Application
- 9.3.4.3 Chile
- 9.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 9.3.4.3.2 Market size and forecast, by Type
- 9.3.4.3.3 Market size and forecast, by Application
- 9.3.4.4 Rest of South America
- 9.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 9.3.4.4.2 Market size and forecast, by Type
- 9.3.4.4.3 Market size and forecast, by Application
- 9.3.4.1 Brazil
- 9.4 Europe
- 9.4.1 Key trends and opportunities
- 9.4.2 Market size and forecast, by Type
- 9.4.3 Market size and forecast, by Application
- 9.4.4 Market size and forecast, by country
- 9.4.4.1 Germany
- 9.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 9.4.4.1.2 Market size and forecast, by Type
- 9.4.4.1.3 Market size and forecast, by Application
- 9.4.4.2 France
- 9.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 9.4.4.2.2 Market size and forecast, by Type
- 9.4.4.2.3 Market size and forecast, by Application
- 9.4.4.3 Italy
- 9.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 9.4.4.3.2 Market size and forecast, by Type
- 9.4.4.3.3 Market size and forecast, by Application
- 9.4.4.4 United Kingdom
- 9.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 9.4.4.4.2 Market size and forecast, by Type
- 9.4.4.4.3 Market size and forecast, by Application
- 9.4.4.5 Benelux
- 9.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 9.4.4.5.2 Market size and forecast, by Type
- 9.4.4.5.3 Market size and forecast, by Application
- 9.4.4.6 Nordics
- 9.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 9.4.4.6.2 Market size and forecast, by Type
- 9.4.4.6.3 Market size and forecast, by Application
- 9.4.4.7 Rest of Europe
- 9.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 9.4.4.7.2 Market size and forecast, by Type
- 9.4.4.7.3 Market size and forecast, by Application
- 9.4.4.1 Germany
- 9.5 Asia Pacific
- 9.5.1 Key trends and opportunities
- 9.5.2 Market size and forecast, by Type
- 9.5.3 Market size and forecast, by Application
- 9.5.4 Market size and forecast, by country
- 9.5.4.1 China
- 9.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 9.5.4.1.2 Market size and forecast, by Type
- 9.5.4.1.3 Market size and forecast, by Application
- 9.5.4.2 Japan
- 9.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 9.5.4.2.2 Market size and forecast, by Type
- 9.5.4.2.3 Market size and forecast, by Application
- 9.5.4.3 India
- 9.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 9.5.4.3.2 Market size and forecast, by Type
- 9.5.4.3.3 Market size and forecast, by Application
- 9.5.4.4 South Korea
- 9.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 9.5.4.4.2 Market size and forecast, by Type
- 9.5.4.4.3 Market size and forecast, by Application
- 9.5.4.5 Australia
- 9.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 9.5.4.5.2 Market size and forecast, by Type
- 9.5.4.5.3 Market size and forecast, by Application
- 9.5.4.6 Southeast Asia
- 9.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 9.5.4.6.2 Market size and forecast, by Type
- 9.5.4.6.3 Market size and forecast, by Application
- 9.5.4.7 Rest of Asia-Pacific
- 9.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 9.5.4.7.2 Market size and forecast, by Type
- 9.5.4.7.3 Market size and forecast, by Application
- 9.5.4.1 China
- 9.6 MEA
- 9.6.1 Key trends and opportunities
- 9.6.2 Market size and forecast, by Type
- 9.6.3 Market size and forecast, by Application
- 9.6.4 Market size and forecast, by country
- 9.6.4.1 Middle East
- 9.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 9.6.4.1.2 Market size and forecast, by Type
- 9.6.4.1.3 Market size and forecast, by Application
- 9.6.4.2 Africa
- 9.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 9.6.4.2.2 Market size and forecast, by Type
- 9.6.4.2.3 Market size and forecast, by Application
- 9.6.4.1 Middle East
- 10.1 Overview
- 10.2 Key Winning Strategies
- 10.3 Top 10 Players: Product Mapping
- 10.4 Competitive Analysis Dashboard
- 10.5 Market Competition Heatmap
- 10.6 Leading Player Positions, 2022
11: Company Profiles
- 11.1 Lifecome Biochemistry Co.Ltd. Pulike Biological Engineering Inc.
- 11.1.1 Company Overview
- 11.1.2 Key Executives
- 11.1.3 Company snapshot
- 11.1.4 Active Business Divisions
- 11.1.5 Product portfolio
- 11.1.6 Business performance
- 11.1.7 Major Strategic Initiatives and Developments
- 11.2 Zoetis
- 11.2.1 Company Overview
- 11.2.2 Key Executives
- 11.2.3 Company snapshot
- 11.2.4 Active Business Divisions
- 11.2.5 Product portfolio
- 11.2.6 Business performance
- 11.2.7 Major Strategic Initiatives and Developments
- 11.3 Wuhan Hvsen Biotechnology Co.LTD
- 11.3.1 Company Overview
- 11.3.2 Key Executives
- 11.3.3 Company snapshot
- 11.3.4 Active Business Divisions
- 11.3.5 Product portfolio
- 11.3.6 Business performance
- 11.3.7 Major Strategic Initiatives and Developments
- 11.4 Merck & Co.Inc.
- 11.4.1 Company Overview
- 11.4.2 Key Executives
- 11.4.3 Company snapshot
- 11.4.4 Active Business Divisions
- 11.4.5 Product portfolio
- 11.4.6 Business performance
- 11.4.7 Major Strategic Initiatives and Developments
- 11.5 Ceva Santé Animale
- 11.5.1 Company Overview
- 11.5.2 Key Executives
- 11.5.3 Company snapshot
- 11.5.4 Active Business Divisions
- 11.5.5 Product portfolio
- 11.5.6 Business performance
- 11.5.7 Major Strategic Initiatives and Developments
- 11.6 Elanco
- 11.6.1 Company Overview
- 11.6.2 Key Executives
- 11.6.3 Company snapshot
- 11.6.4 Active Business Divisions
- 11.6.5 Product portfolio
- 11.6.6 Business performance
- 11.6.7 Major Strategic Initiatives and Developments
- 11.7 Virbac
- 11.7.1 Company Overview
- 11.7.2 Key Executives
- 11.7.3 Company snapshot
- 11.7.4 Active Business Divisions
- 11.7.5 Product portfolio
- 11.7.6 Business performance
- 11.7.7 Major Strategic Initiatives and Developments
- 11.8 IDEXX
- 11.8.1 Company Overview
- 11.8.2 Key Executives
- 11.8.3 Company snapshot
- 11.8.4 Active Business Divisions
- 11.8.5 Product portfolio
- 11.8.6 Business performance
- 11.8.7 Major Strategic Initiatives and Developments
- 11.9 Qilu Pharmaceutical Co. Ltd
- 11.9.1 Company Overview
- 11.9.2 Key Executives
- 11.9.3 Company snapshot
- 11.9.4 Active Business Divisions
- 11.9.5 Product portfolio
- 11.9.6 Business performance
- 11.9.7 Major Strategic Initiatives and Developments
- 11.10 Huvepharma
- 11.10.1 Company Overview
- 11.10.2 Key Executives
- 11.10.3 Company snapshot
- 11.10.4 Active Business Divisions
- 11.10.5 Product portfolio
- 11.10.6 Business performance
- 11.10.7 Major Strategic Initiatives and Developments
- 11.11 Boehringer Ingelheim
- 11.11.1 Company Overview
- 11.11.2 Key Executives
- 11.11.3 Company snapshot
- 11.11.4 Active Business Divisions
- 11.11.5 Product portfolio
- 11.11.6 Business performance
- 11.11.7 Major Strategic Initiatives and Developments
- 11.12 Shanghai Hile Bio-Technology Co.Ltd.
- 11.12.1 Company Overview
- 11.12.2 Key Executives
- 11.12.3 Company snapshot
- 11.12.4 Active Business Divisions
- 11.12.5 Product portfolio
- 11.12.6 Business performance
- 11.12.7 Major Strategic Initiatives and Developments
- 11.13 Tianjin Ringpu Bio-technology Co.Ltd.
- 11.13.1 Company Overview
- 11.13.2 Key Executives
- 11.13.3 Company snapshot
- 11.13.4 Active Business Divisions
- 11.13.5 Product portfolio
- 11.13.6 Business performance
- 11.13.7 Major Strategic Initiatives and Developments
- 11.14 China Animal Husbandry Industry Co.Ltd.
- 11.14.1 Company Overview
- 11.14.2 Key Executives
- 11.14.3 Company snapshot
- 11.14.4 Active Business Divisions
- 11.14.5 Product portfolio
- 11.14.6 Business performance
- 11.14.7 Major Strategic Initiatives and Developments
- 11.15 Beijing Centre Biology Co.Ltd. Jinhe Biotechnology Co.Ltd.
- 11.15.1 Company Overview
- 11.15.2 Key Executives
- 11.15.3 Company snapshot
- 11.15.4 Active Business Divisions
- 11.15.5 Product portfolio
- 11.15.6 Business performance
- 11.15.7 Major Strategic Initiatives and Developments
- 11.16 Guangdong Vtr Bio-Tech Co.Ltd.
- 11.16.1 Company Overview
- 11.16.2 Key Executives
- 11.16.3 Company snapshot
- 11.16.4 Active Business Divisions
- 11.16.5 Product portfolio
- 11.16.6 Business performance
- 11.16.7 Major Strategic Initiatives and Developments
- 11.17 Hebei Yuanzheng Pharmaceutical Co.Ltd.
- 11.17.1 Company Overview
- 11.17.2 Key Executives
- 11.17.3 Company snapshot
- 11.17.4 Active Business Divisions
- 11.17.5 Product portfolio
- 11.17.6 Business performance
- 11.17.7 Major Strategic Initiatives and Developments
12: Analyst Perspective and Conclusion
- 12.1 Concluding Recommendations and Analysis
- 12.2 Strategies for Market Potential
Scope of Report
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By Dosage Form |
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Report Licenses
Our Team
Frequently Asked Questions (FAQ):
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The market for veterinary pharmaceutical preparations is driven by some major factors indicating the rising significance of animal health across the world. First, increasing pet ownership and humanisation of pets, i.e., companion animals being treated as family members, result in greater expenditure on their healthcare, including preventive and therapeutic medicines. Secondly, the increasing demand for animal protein as a result of a growing world population makes a healthy livestock industry necessary, and this elevates the demand for livestock medicines to maintain the health of farm animals as well as productivity.
,In addition, the rising incidence of animal diseases, including zoonotic diseases that have the potential for transmission to humans, and the expanding concern for animal health and welfare are key drivers. Such concern is further buttressed by government programmes and legislation in controlling animal diseases and food safety, often making vaccinations and other pharmaceutical interventions obligatory.
