PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1534413
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1534413
India Animal Vaccine Market, By Product; By Animal; By Route of Administration; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Animal Vaccine Market Size Zooming 3.6X at Healthy CAGR of More Than 7% to Surpass USD 4.87 Billion and 376.1 Million Doses by 2030
India Animal Vaccine Market is flourishing due to the rising demand for animal-derived food products, growing awareness about pet healthcare, and the government's supportive initiatives promoting animal health.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Animal Vaccine Market size by value at USD 1.34 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Animal Vaccine Market size to expand at a CAGR of 7.62% reaching a value of USD 4.87 billion by 2030. The Animal Vaccine Market in India is propelled by the country's rising status as a global hub for vaccines and pharmaceuticals. India harnesses its increasing technical expertise and robust infrastructure, which significantly bolster the expanding animal vaccine market. The rising prevalence of zoonotic diseases, growing livestock population, and increasing demand for animal products fuel market expansion. The pet healthcare sector is also booming, driven by higher incomes and evolving lifestyles.
By volume, BlueWeave estimated India Animal Vaccine Market size at 285.2 million doses in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Animal Vaccine Market size by volume is projected to grow at a CAGR of 7.01% reaching the volume of 376.1 million doses by 2030. The government's supportive initiatives, like the National Animal Disease Control Program, support comprehensive vaccination campaigns. Innovations such as thermotolerant vaccines and strategic R&D investments further bolster growth. India Animal Vaccine Market is expected to benefit from enhanced regulatory frameworks and a focus on improving livestock productivity and disease prevention.
Opportunity - Outbreaks of infectious diseases in animals
The prevalence of infectious diseases among animals, highlighted by recent zoonotic outbreaks like COVID-19, has catalyzed significant growth in India Animal Vaccine Market. With a staggering livestock population exceeding 535.8 million, diseases such as Peste des petits ruminants (PPR), Brucellosis, Foot and Mouth Disease (FMD), and Classical Swine Fever pose substantial economic and health challenges. Government initiatives like the National Animal Disease Control Programme (NADCP) and specific disease eradication efforts underscore India's proactive approach to mitigating these threats through comprehensive vaccination campaigns. These initiatives not only aim to protect livestock but also contribute to the expansion of the animal vaccine industry. As India continues to prioritize animal health alongside human welfare, advancements in vaccine development and deployment are crucial. This strategic focus not only enhances disease prevention but also supports the sustainable growth of the nation's animal healthcare sector, ensuring resilience against future outbreaks.
Impact of Escalating Geopolitical Tensions on India Animal Vaccine Market
Geopolitical tensions can have a multifaceted impact on India Animal Vaccine Market. These tensions can disrupt supply chains, hinder international collaborations crucial for vaccine development, and escalate production costs due to geopolitical uncertainties. Moreover, they may limit access to critical raw materials and technologies essential for vaccine manufacturing, thereby impacting production timelines and availability. To mitigate these impacts, India Animal Vaccine Market must diversify its supply chains, bolster domestic manufacturing capabilities, and strengthen collaborations with regional partners. Such measures are essential to ensure uninterrupted access to vaccines, safeguard animal health, and sustain the market's growth trajectory amidst geopolitical uncertainties.
India Animal Vaccine Market
Segmental Coverage
India Animal Vaccine Market - By Route of Administration
Based on the route of administration, India Animal Vaccine Market is divided into Subcutaneous, Intramuscular, and Intranasal segments. The subcutaneous segment holds the highest share in the India Animal Vaccine Market by route of administration. In animals, subcutaneous injection sites are typically located behind the shoulder blades and neck. The ease and efficiency of administering drugs subcutaneously-where they are absorbed slowly-are key factors driving market growth. The subcutaneous route is not only quicker but also less painful for animals, making it a preferred method. Additionally, training veterinary professionals to administer subcutaneous injections is straightforward. Alongside subcutaneous injections, intramuscular routes are also widely used. These advantages collectively support the expansion of the animal vaccine market.
India Animal Vaccine Market - By Region
Geographically, India Animal Vaccine Market is divided into North India, South India, East India, and West India regions. The west region holds the highest share in the India Animal Vaccine Market and is expected to maintain its dominance during the forecast period. It is due to its robust livestock population, advanced veterinary infrastructure, economic strength, and proactive government support. States like Maharashtra, Gujarat, and Rajasthan boast large populations of cattle, buffaloes, goats, and poultry, driving substantial demand for vaccines. Gujarat and Maharashtra are particularly notable as major dairy hubs, with Gujarat hosting Amul, the largest dairy cooperative in India, necessitating extensive vaccination programs to ensure animal health and productivity. The region's high-quality veterinary services, bolstered by institutions like the ICAR-National Dairy Research Institute, support comprehensive vaccination efforts. Economically strong states provide better funding and infrastructure for livestock farming, with a significant presence of pharmaceutical and biotechnological companies ensuring a steady local supply of vaccines. Proactive state government programs and effective implementation of national schemes like the National Animal Disease Control Programme (NADCP) further enhance vaccination coverage. The suitable agro-climatic zones and high agricultural output complement livestock farming, increasing the demand for healthy, disease-free animals and driving the vaccine market in West India.
Competitive Landscape
India Animal Vaccine Market is fragmented, with numerous players serving the market. The key players dominating India Animal Vaccine Market include Indian Immunologicals Limited, Hester Biosciences Limited, Brilliant Bio Pharma Pvt Ltd, Biovet Private Limited, Venky's, Zoetis India, Merck Animal Health, Boehringer Ingelheim, and Ceva Sante Animale. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Animal Vaccine Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Animal Vaccine Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Animal Vaccine Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising demand for animal-derived food products
- 3.2.1.2. Increasing awareness of pet healthcare
- 3.2.1.3. Government initiatives promoting animal health
- 3.2.2. Restraints
- 3.2.2.1. High cost of vaccines and storage
- 3.2.2.2. Adverse reactions to vaccines
- 3.2.3. Opportunities
- 3.2.3.1. Outbreaks of infectious diseases in animals
- 3.2.3.2. Technological advancements in vaccine development
- 3.2.4. Challenges
- 3.2.4.1. Limited veterinary infrastructure
- 3.2.4.2. Evolving regulations
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Animal Vaccine Market: Marketing Strategies
5. India Animal Vaccine Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.1.1. Attenuated Live Vaccines
- 5.2.1.2. Inactivated Vaccines
- 5.2.1.3. Subunit Vaccines
- 5.2.1.4. DNA Vaccines
- 5.2.1.5. Recombinant Vaccines
- 5.2.2. By Animal
- 5.2.2.1. Livestock
- 5.2.2.1.1. Poultry
- 5.2.2.1.2. Aqua
- 5.2.2.1.3. Ruminants
- 5.2.2.1.4. Swine
- 5.2.2.2. Companion
- 5.2.2.2.1. Canine
- 5.2.2.2.2. Feline
- 5.2.2.2.3. Others
- 5.2.3. By Route of Administration
- 5.2.3.1.1. Subcutaneous
- 5.2.3.1.2. Intramuscular
- 5.2.3.1.3. Intranasal
- 5.2.4. By Region
- 5.2.4.1. North India
- 5.2.4.2. South India
- 5.2.4.3. East India
- 5.2.4.4. West India
- 5.2.1. By Product
6. North India Animal Vaccine Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Animal
- 6.2.3. By Route of Administration
7. South India Animal Vaccine Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Animal
- 7.2.3. By Route of Administration
8. East India Animal Vaccine Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Animal
- 8.2.3. By Route of Administration
9. West India Animal Vaccine Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Animal
- 9.2.3. By Route of Administration
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. India Animal Vaccine Company Market Share Analysis, 2023
- 10.3. Competitive Benchmarking, By Operating Parameters
- 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Escalating Geopolitical Tensions on India Animal Vaccine Market
12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 12.1. Indian Immunologicals Limited
- 12.2. Hester Biosciences Limited
- 12.3. Brilliant Bio Pharma Pvt Ltd
- 12.4. Biovet Private Limited
- 12.5. Venky's
- 12.6. Zoetis India
- 12.7. Merck Animal Health
- 12.8. Boehringer Ingelheim
- 12.9. Ceva Sante Animale
- 12.10. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India Animal Vaccine Segmentation
- Figure 2 India Animal Vaccine Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Figure 5 India Animal Vaccine Market Share, By Product, By Value, 2019-2030
- Figure 6 India Animal Vaccine Market Share, By Animal, By Value, 2019-2030
- Figure 7 India Animal Vaccine Market Share, By Route of Administration, By Value, 2019-2030
- Figure 8 North India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Figure 9 North India Animal Vaccine Market Share, By Product, By Value, 2019-2030
- Figure 10 North India Animal Vaccine Market Share, By Animal, By Value, 2019-2030
- Figure 11 North India Animal Vaccine Market Share, By Route of Administration, By Value, 2019-2030
- Figure 12 South India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Figure 13 South India Animal Vaccine Market Share, By Product, By Value, 2019-2030
- Figure 14 South India Animal Vaccine Market Share, By Animal, By Value, 2019-2030
- Figure 15 South India Animal Vaccine Market Share, By Route of Administration, By Value, 2019-2030
- Figure 16 East India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Figure 17 East India Animal Vaccine Market Share, By Product, By Value, 2019-2030
- Figure 18 East India Animal Vaccine Market Share, By Animal, By Value, 2019-2030
- Figure 19 East India Animal Vaccine Market Share, By Route of Administration, By Value, 2019-2030
- Figure 20 West India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Figure 21 West India Animal Vaccine Market Share, By Product, By Value, 2019-2030
- Figure 22 West India Animal Vaccine Market Share, By Animal, By Value, 2019-2030
- Figure 23 West India Animal Vaccine Market Share, By Route of Administration, By Value, 2019-2030
List of Tables
- Table 1 India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Animal Vaccine Market Size, By Product, By Value, 2019-2030
- Table 3 India Animal Vaccine Market Size, By Animal, By Value, 2019-2030
- Table 4 India Animal Vaccine Market Size, By Route of Administration, By Value, 2019-2030
- Table 5 North India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Table 6 North India Animal Vaccine Market Size, By Product, By Value, 2019-2030
- Table 7 North India Animal Vaccine Market Size, By Animal, By Value, 2019-2030
- Table 8 North India Animal Vaccine Market Size, By Route of Administration, By Value, 2019-2030
- Table 9 South India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Table 10 South India Animal Vaccine Market Size, By Product, By Value, 2019-2030
- Table 11 South India Animal Vaccine Market Size, By Animal, By Value, 2019-2030
- Table 12 South India Animal Vaccine Market Size, By Route of Administration, By Value, 2019-2030
- Table 13 East India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Table 14 East India Animal Vaccine Market Size, By Product, By Value, 2019-2030
- Table 15 East India Animal Vaccine Market Size, By Animal, By Value, 2019-2030
- Table 16 East India Animal Vaccine Market Size, By Route of Administration, By Value, 2019-2030
- Table 17 West India Animal Vaccine Market Size, By Value (USD Billion), 2019-2030
- Table 18 West India Animal Vaccine Market Size, By Product, By Value, 2019-2030
- Table 19 West India Animal Vaccine Market Size, By Animal, By Value, 2019-2030
- Table 20 West India Animal Vaccine Market Size, By Route of Administration, By Value, 2019-2030
- Table 21 Indian Immunologicals Limited Company Overview
- Table 22 Indian Immunologicals Limited Financial Overview
- Table 23 Hester Biosciences Limited Company Overview
- Table 24 Hester Biosciences Limited Financial Overview
- Table 25 Brilliant Bio Pharma Pvt Ltd Company Overview
- Table 26 Brilliant Bio Pharma Pvt Ltd Financial Overview
- Table 27 Biovet Private Limited Company Overview
- Table 28 Biovet Private Limited Financial Overview
- Table 29 Venky's Company Overview
- Table 30 Venky's Financial Overview
- Table 31 Zoetis India Company Overview
- Table 32 Zoetis India Financial Overview
- Table 33 Merck Animal Health Company Overview
- Table 34 Merck Animal Health Financial Overview
- Table 35 Boehringer Ingelheim Company Overview
- Table 36 Boehringer Ingelheim Financial Overview
- Table 37 Ceva Sante Animale Company Overview
- Table 38 Ceva Sante Animale Financial Overview
