Animal pharmaceutical manufacturers have been offering end-to-end support for animals across the globe through preserving, guiding and protecting animals. It is considered as one of the highly demanded markets across the globe. The animal pharmaceutical company in India offers products varying from parasiticides and vaccines to feed additives to handle the growing demand efficiently.
The animal pharma market developed due to the market’s ever-growing demand that focuses explicitly on improving the lives of animals. The market of the top animal health companies involves farm animals like poultry, cattle, equine, swine, and aquaculture. The other forms of animals that come under this category are companion animals such as cats, dogs, and other small animals.
Animal Health Companies’ Market Value Under the Lens
The ever-expanding focus around animals’ medical care – new versions of illnesses, jump in the utilization of meat and milk at the global stage can be considered the significant factors are fueling the market development. Along with this, Veterinary medicine manufacturers in India are coming up with new and unique ways to enhance the existing medical facilities.
Indeed, traditional veterinary pharmaceutical companies compete to accomplish the common goal of good animal health. According to the investigation of the Verified Market Research’s experts, the global animal health companies’ market was estimated at $28.4 billion in 2018. Moreover, the technological advancements in the market cap are forecasted to reach $41.6 billion by 2026.
This two-fold increase confirmed by the market indicators is similar to a CAGR of 4.8% from 2019 to 2026.
Top 10 Animal Pharmaceutical Companies Enhancing Lives
JoinHub Pharma is a fast-growing Animal Pharmaceutical Manufacturers in India that aims to become the world’s largest pet vaccinations and medicines producer. They mainly focus on producing, manufacturing, promoting human health, animal health, and nutrition products. Their motto is to produce premium quality products that animal health customers will most value. It offers high-quality medicines, vaccines, and diagnostics products for animals.
It commercializes products across species such as livestock (swine, poultry, cattle, fish, sheep) and companion animals, including cats, horses, and dogs. With its unique offerings, this veterinary product’s manufacturers have become the face of the animal health companies’ market.
Sequent Scientific Ltd is an Animal pharmaceutical company in India serving in the animal and human health sector. They operate in three core segments: active pharmaceutical ingredients (API), Animal Health, and Analytical Services. Their Active Pharmaceutical Ingredients in animal health cover Buparavaquone, Butaphosphan, Albendazole, Nitroscanate, etc.
Bayer was established in 1863 by fried rich Bayer and is a German-based company. The company is in the healthcare sector with different services like imaging, medicines, and veterinary drugs. Their division is particular in parasitic control and prescription pharmaceuticals for dogs, cats, horses, and cattle. The multi topical solution for cats and dogs is the best product that they have.
This list is not complete without the inclusion of Bayer. It is one of the influential Veterinary Pharmaceutical Manufacturers globally that has set its foot across all the top economies. With its world-class R&D division, the company has kept its promise of delivering the most innovative products and ground-breaking technologies that will raise the bar of the animal health segment.
Virbic is a dedicated animal pharmaceutical company headquartered in Carros, France. It was established in 1968 by Pierre-Richard Dick and stood as the 7th largest veterinarian Pharmaceutical Company. They are linking the needs of pet lovers with the latest technological advances; they deliver a practical range of products.
Virbac is the seventh-largest pharmaceutical company. It has headquartered in France and has been operating for more than 50 years. It functions across various continents in the form of subsidiaries that have made their names individually in the local markets.
Covetrus’ headquarter is located in Dublin, Ohio, United States, and was founded in 1953. The company is dedicated to advancing animal medicine and products. It is enabling veterinary healthcare companies beyond equine, companion, and animal health markets.
Covetrus is among the top animal health companies dealing in worldwide animal health technology and services. This organization is dedicated to improving and advancing the market of veterinary medicines. It offers an extensive package of software, products, and services to help veterinary manufacturers build a strong relationship with clients and deliver rewarding financial outcomes.
We hope that this blog will be helpful and you get the information that you’re looking for. The Pharmaceutical industry in India is ever-growing, and the veterinary medicine segment is one of the best segments to deal with. The scope is broad, and the profitability ratios are additionally excellent. In the end, we can only say all the perks and benefits depend on the animal health company you associate with.
That’s why it is essential to associate with a leading Animal Pharmaceutical Company in India like JoinHub Pharma to access top-quality Animal medicines.
Want to know more about JoinHub Pharma and its excellent range of offerings? Reach out to the experts by dropping a line on [email protected] today!