In this article, we will make it easier for you to identify which ones are worth your time and attention. This review lists down top 10 animal health companies in India based on their financial performance, products offered, industry insights and operational metrics as per NASSCO’s recent ranking.
The animal health segment is one of the fastest-growing industries in India over the last few years. With an increase in incomes and a growing middle class, there’s an increased demand for livestock feed as well as meat and dairy products. In addition, there’s also greater awareness about producing sustainable livestock feed to reduce environmental impact. This article will provide you with insights into Top 10 Veterinary Pharma Companies that have caught our attention in this niche segment.
Animal health companies are commonly known as AHCs. If you are planning to invest in these companies, then you must know a few things about them. Here are a few things that you should keep in mind before investing in AHCs. First and foremost, you must know what types of companies AHCs are. The AHCs are companies that focus on the health of animals. They are mainly involved in the production and marketing of veterinary products. These companies are involved in research, development and marketing of vaccines, products and other health care products for animals.
Another thing that you should keep in mind is the regulatory status of the AHCs that you are planning. Moreover, these companies are usually involved in research, development and marketing of veterinary and other medical products. Although the regulatory status of these products is controlled by the government for the betterment and health of the animals.
Some of the top 10 animal health companies in India that you should keep an eye on are
The products that are marketed by these companies are either veterinary vaccines or veterinary products.
Veterinary vaccines are used to prevent diseases in animals.
The veterinary products are used to improve the health of the animals.
You can also call these as pet medicines or companion animal medicines.
The Indian animal health market is growing at a CAGR of 5.3% from 2017 to 2023, according to a report by Grand View Research, Inc. The market is about to reach US$ 1.96 billion by 2023, expanding at a CAGR of 5.3% from 2017. The rising awareness about the importance of animal health, growing adoption of preventive health care practices in domestic pets, growth of companion animal segment, rising demand for quality pet food and growing population of geriatric pets are some of the factors driving the market growth. In addition, increasing demand for products for livestock & aquaculture owing to rising R&D investments is to contribute market growth.
Investment opportunity in animal health companies in India is witnessing a high growth over the next few years. Also these companies offer products like vaccines, diagnostics and pet health products. Investment in these companies can be beneficial for financial aspects as well as for your pets.
These companies offer lucrative returns, products that promote health and wellness, and a unique opportunity to directly impact the lives of animals. Above all, worth investing in, these companies are a great way to diversify your investment portfolio and grow your wealth.