The India veterinary medicine market size reached US$ 816.6 Million in 2023. Veterinary medicine is mainly concerned with the prevention, management, diagnosis, and treatment of diseases that occur in animals. It involves the development of vaccines and drugs and controlling the transmission of zoonotic diseases to humans. It also includes other services, such as animal transportation and procurement, surgery and perioperative care, laboratory testing, animal biosecurity, and surveillance. Over the years, due to the increasing production of livestock animals, there has been an escalating demand for veterinary medicine across India.
As per the analysis by IMARC Group, the top Indian veterinary medicine companies are conducting research and development (R&D) activities to introduce safe and improved animal treatment methods and vaccines. For instance, Boehringer Ingelheim India recently launched poultry vaccine VAXXITEK HVT+IBD, an innovative recombinant single-shot vaccine for ensuring life-long protection for chickens, broilers, layers, and breeders. They are also introducing online veterinary consultations for pets across India. Besides this, the leading market players are providing innovative medical and screening devices for the diagnosis of various animals. Looking forward, IMARC Group expects the market to reach US$ 1,440.2 Million by 2032, exhibiting a growth rate (CAGR) of 6.51% during 2024-2032.
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Establishment: 2007
Headquarters: Haryana, India
Website: https://www.anihealthcare.com/
Ani Healthcare Private Limited excels as a market specialist in the pharmaceuticals and veterinary industry in most of the regions of the country. It primarily produces pharma and veterinary products such as tablets, capsules, injections, feed supplements, soaps, liquids, and syrups. Presently, the company is known as one of the Top PCD Pharma Franchise Companies in India.
Establishment: 2002
Headquarters: Maharashtra, India
Website: https://www.ashishlifescience.com/
Ashish Life Science Pvt Limited is a part of the “Ashish Group of Industries,” established in 1975. It produces various pharmaceutical products for companion animals, livestock, and poultry. The company, over a period of time, has established its name in the national and international markets by providing a high level of customer satisfaction. Presently, the company operates across India and more than 50 countries worldwide.
Establishment: 1982
Headquarters: Gujrat, India
Website: https://www.centurypharma.com/
Century Pharmaceuticals Ltd has been engaged in manufacturing APIs for over three decades. It also offers various services such as contract research, contract manufacturing, and method development, which involves long-term contracts for manufacturing intermediates and developing customized APIs per consumer requirements. Besides this, the company is engaged in developing significant biotechnology research capabilities in the area of targeted human therapeutic proteins.
Establishment: 2005
Headquarters: Haryana, India
Website: https://www.gmtpharmainternational.com/
GMT Pharma International is one of the top third-party pharma manufacturers, with its exclusive and extensive product range. It supplies products in human and veterinary ranges across India. The company offers manufacturing deals in all types of human and veterinary injections (dry and liquid), including Non-Betalactum, Carbapenems, Cephalosporins, Betalacfum, Eye/Ear/ Nasal Drops, Liquid Injectables, Sprays, and Penicillin Injections. Besides this, GMT Pharma offers more than 350 products and molecules manufactured under different brand names for their clients.
Establishment: 2017
Headquarters: Maharashtra, India
Website: https://www.marchvet.com/
MarchVET is one of the leading manufacturers and exporters of veterinary medicines. The company specializes in anthelmintic and anti-parasitic liquid orals, injections, and tablets related to gastrointestinal roundworms, liver flukes, tapeworms, nematodes, hookworms, and whipworms. The company produces all its products in a manufacturing facility established in India.
Establishment: 2004
Headquarters: Gujrat, India
Website: https://www.ssspharmachem.com/
SSS Pharmachem Pvt. Ltd specializes in manufacturing pharmaceuticals for human and animal health. It discovers, develops, manufactures, and commercializes a diverse portfolio of animal health medicines and supplements to meet the needs of veterinarians, livestock farmers, and companion animal owners. The company offers feed supplement orals, bolus, powders, and licks, and pharmaceutical orals, bolus, ointments, capsules, tablets, and orals.
Establishment: 1995
Headquarters: Telangana, India
Website: https://www.stanexdnc.com/
Stanex Drugs & Chemicals Private Limited is a leading manufacturer of a wide range of pharmaceutical injections and capsules. It commenced its operations with a single unit for veterinary products and expanded into Human Injectables in 2004 with a world-class facility in Hyderabad. The company is focused on producing small-volume liquid Injectable, lyophilized products and aims to become one of the largest injectable focussed companies. At present, Stanex has a presence in more than 50 countries worldwide.
Establishment: 2007
Headquarters: Pune, India
Website: https://www.vetbiochem.in/
Vetbiochem Group is one of the leading manufacturers and exporters of animal care products. The company mainly operates in the feed supplement, premix and disinfectant segments. It exports to partners based in Burundi, Korea, Iraq, Indonesia, and China.
Establishment: 1968
Headquarters: Carros, France
Website: https://in.virbac.com/
Virbac Animal Health India Pvt. Ltd. manufactures and sells various products and services for companion and food-producing animals in Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. It offers vaccines, reproduction, dermatology, dental hygiene, parasiticides, diagnostic, antibiotics, and aquaculture products. In addition, it provides veterinary medicines for geriatrics, behavior, anesthesia, injectable micronutrients, pet food, and electronic identification. Currently, the company serves veterinarians, farmers, and pet owners.
Establishment: 2015
Headquarters: Haryana, India
Website: https://www.zenley.in/
ZENLEY is a leading supplier and manufacturer of veterinary medicines, injections, feed supplements, bolus, sprays, oral liquids, external liquids, and ayurvedic products. Over the years, the company has made a reputed name with high-quality ayurvedic herbal spray for ticks, amoxicillin, and cloxacillin injections. Presently, Zenly has a pan-India presence and caters to a huge consumer base throughout the country.
Headquarters: Haryana, India
Website: https://www.zovixpharma.com/
Zovix Pharmaceuticals is a marketing-based veterinary pharmaceutical company with its main focus on making available quality pharmaceutical products for customers. It produces bolus, injections, liquids, sprays, and other products. The company aims to emerge as a leading veterinary pharmaceutical company by making available quality veterinary pharmaceutical products at affordable costs.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has successfully done multiple projects in the veterinary medicine industry, which has enabled clients to set up and expand their businesses. Some of the company’s offerings include:
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