Just like any other country in the world, India also has its fair share of animal health companies. These companies are offering a wide range of services from product development to marketing and sales support. The rapid increase in demand for pharmaceuticals has led to the rise in the number of top 10 animal health companies in India over the past few years. This article 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 10 leading Indian animal health companies that have caught our attention in this niche segment.

Make a note of these before you dive into the list!

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.

Top 10 Animal Health Companies in India

Some of the top 10 animal health companies in India that you should keep an eye on are

1. Inmed Animal Health: Inmed Animal Health is the best Veterinary PCD Company and also among the Top 10 Animal Health Companies in India. They strive to provide veterinarians and pet owners with high quality pharma vet products that are safe and reliable.
2. Merck Animal Health: Merck Animal Health offers innovative veterinary pharmaceuticals and vaccines, services and technologies to prevent, treat and control animal diseases.
3. Vetraise Remedies: Vetraise Remedies is a best Veterinary Third-Party Manufacturer & PCD pharma franchise company in India. They are located in Panchkula region.
4. Vet Mankind Pharma: Vet Mankind has experienced success in the areas of the dairy industry, poultry and other vet healthcare products.
5. Vekocare Pvt Ltd: Veko is a young company in the Animal Health Pharmaceutical Manufacturing field. They are the fastest growing and one of the top 10 Animal Health Companies in India.
6. Cipla Vet: With a wide portfolio of products, Cipla Vet specializes in equine and companion care with categories extending to livestock, poultry, swine and aqua products. Cipla Vet, Cipla’s animal health division, is India’s largest Veterinary Pharmaceutical Exporter.
7. Virbac Animal Health India: Virbac is an animal health company that specializes in medicine, and supplements for dogs, cats and ferrets.
8. Vetoquinol India Animal Health: The company’s line of business includes the manufacturing, fabricating, or processing of veterinary products.
9. Zenex Animal Health India: The company offers formulation, active pharmaceutical ingredients, wellness products as well as diagnostics for animal healthcare.
10. Petvet Healthcare: Petvet Healthcare is an animal health business focused on livestock and poultry segments. They develop a wide spectrum of therapeutic and nutritional products.

List of products offered by top 10 animal health companies in India

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. 

Takeaway

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.

Overview

Now that you have an overview of the top 10 animal health companies in India, it is time to decide which one you are interested in investing in. You select one from the list or choose any other company from the list. Either way, the next step is to get more information about the top 10 companies in the list. You can do that by reading this article carefully. 

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.