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India Animal Vaccine Market

India Animal Vaccine Market

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India Animal Vaccine Market, By Product (Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA Vaccines, Recombinant Vaccines); By Animal (Livestock, Companion); By Route of Administration (Subcutaneous, Intramuscular, Intranasal); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: July 2024
  • Report ID: BWC24488
  • Available Format: PDF
  • Page: 200

Report Overview

A spurring demand for animal-derived food products, increasing awareness about pet healthcare, and the government’s initiatives promoting animal health are expected to drive India Animal Vaccine Market during the forecast period between 2024 and 2030.

India Animal Vaccine Market – Industry Trends & Forecast Report, 2030

India Animal Vaccine Market size by value was estimated at USD 1.34 billion in 2023. During the forecast period between 2024 and 2030, India Animal Vaccine Market size is projected to grow at a CAGR of 7.62% reaching a value of USD 4.87 billion by 2030. A prominent driver of the market is India's rising status as a global hub for vaccines and pharmaceuticals. The country 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.

India Animal Vaccine Market

By volume, India Animal Vaccine Market size was estimated at 285.2 million doses in 2023. During the forecast period between 2024 and 2030, India Animal Vaccine Market size is projected to grow at a CAGR of 7.01% reaching the volume of 376.1 million doses by 2030. The Indian Government’s 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. The sector's future benefits from enhanced regulatory frameworks and a focus on improving livestock productivity and disease prevention.

Animal Vaccine – Overview

An animal vaccine is a biological preparation that stimulates an animal's immune system to produce immunity against specific infectious diseases, preventing or mitigating illness. These vaccines can be composed of live attenuated organisms, inactivated pathogens, or subunits like proteins or DNA, and are used to protect various species, including livestock, poultry, and pets, from diseases such as rabies, foot-and-mouth disease, and avian influenza. By promoting immunity, animal vaccines play a crucial role in maintaining animal health, enhancing food safety, and controlling the spread of zoonotic diseases, which can be transmitted from animals to humans.

India Animal Vaccine Market

Growth Drivers

Government’s Initiatives Promoting Animal Health

India's role as a global vaccination and pharmaceutical hub, supported by a skilled workforce and robust infrastructure, enhances its animal vaccine market. With a livestock population of 535 million, the country leads globally in livestock, cattle, and buffalo production. Government initiatives like the 'National Animal Disease Control Programme' and the 'Livestock Health and Disease Control (LH&DC) Scheme' are pivotal in promoting animal health. These programs aim to eradicate diseases such as Foot and Mouth Disease (FMD) and Brucellosis through comprehensive vaccination and disease control efforts. By implementing these proactive measures, the government significantly contributes to the growth and resilience of the animal healthcare sector, ensuring better disease management and boosting market opportunities.

Increasing Awareness of Pet Healthcare

The growth of India Animal Vaccine Market is significantly bolstered by the growing awareness about pet healthcare. With India being home to the world’s largest livestock population, the demand for effective vaccines has intensified. Key pharmaceutical and biotech companies, such as Indian Immunologicals Limited (IIL), Biovet, and Hester Biosciences, are pivotal in this sector. They collaborate extensively with global partners to develop vaccines tailored for various animals, including pets, cattle, and poultry. These efforts are crucial in combating prevalent diseases and enhancing overall animal health across the country. Government initiatives, such as the National Animal Disease Control Programme, further stimulate market growth by promoting vaccination among livestock and companion animals. As awareness grows among pet owners about the importance of preventive healthcare, the demand for vaccines continues to rise, positioning India as a key player in the global animal healthcare market.

Challenges

High Cost of Vaccines and Storage

India Animal Vaccine Market faces formidable challenges due to the high costs associated with vaccine production and storage. These expenses significantly impact accessibility and affordability, particularly for small-scale producers and rural areas. Addressing these challenges requires innovative solutions in vaccine manufacturing technologies and efficient cold chain logistics. The government’s support and the private sector’s increasing investments are crucial to mitigate these costs and ensure widespread availability of vaccines across diverse geographical regions, thereby enhancing animal health outcomes nationwide.

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's animal vaccine industry 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 Product

By product, India Animal Vaccine Market is divided into Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA Vaccines, and Recombinant Vaccines segments. The recombinant vaccines segment holds the highest share in the India Animal Vaccine Market by product. These vaccines, developed through advanced biotechnological methods, offer significant advantages over traditional vaccines by eliminating disease-causing genes and enhancing safety. They are pivotal in combating diseases like foot-and-mouth disease (FMD) and anthrax without the risk of causing the diseases they prevent. The Indian market reflects a robust development landscape, with notable contributions from companies and research institutions focused on advancing biotech solutions for livestock health. This strategic emphasis underscores the critical role of recombinant vaccines in shaping the future of animal healthcare in India.

India Animal Vaccine Market – By Animal

Based on animal, India Animal Vaccine Market is split into Livestock and Companion segments. The livestock segment holds a higher share in the India Animal Vaccine Market by animal. It is primarily due to the vast population of cattle, buffaloes, sheep, goats, and pigs. This dominance is driven by the high demand for vaccines to prevent common diseases like Foot-and-Mouth Disease (FMD) and Brucellosis, which significantly impact livestock productivity and farmer income. The government’s initiatives, such as the National Animal Disease Control Programme (NADCP), focus heavily on vaccinating livestock to enhance health and production. Consequently, vaccines for livestock constitute the largest share of the market, reflecting their critical role in the Indian agricultural economy. Also, the livestock segment includes poultry, aqua, ruminants, and swine.

India Animal Vaccine Market Demand

India Animal Vaccine Market – By Route of Administration

Based on 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 Size

India Animal Vaccine Market – By Region

The in-depth research report on India Animal Vaccine Market covers the regional markets in North India, South India, East India, and West India regions. The West India region holds the highest share in 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

Major players operating in 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 Santé Animale. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In December 2023 - Indian Immunologicals Limited (IIL), under the National Dairy Development Board, announced its plans to invest INR 700 crore in a new vaccine manufacturing plant in Hyderabad's Genome Valley. The state-of-the-art facility will feature a BSL3 (biosafety level) unit for drug substance production and a Fill-Finish capability for final vaccine products, focusing on Foot and Mouth Disease (FMD) and Haemorrhagic Septicaemia (HS). It has an annual capacity of 300 million doses.

  • In June 2023 - The Nandi portal was inaugurated to facilitate the issuance of No Objection Certificates (NOCs) for veterinary drugs and vaccines. Developed by the Department of Animal Husbandry and Dairying (DAHD) in partnership with the Central Drugs Standard Control Organization (CDSCO), the Nandi portal integrates with the CDSCO's SUGAM portal to streamline the regulatory approval process. This initiative enhances transparency and efficiency in managing veterinary products.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2030

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

By Value - USD Billion

By Volume - Million Doses

Market Coverage

India 

Product/ Service Segmentation

Product, Animal, Route of Administration, Region

Key Players

Indian Immunologicals Limited, Hester Biosciences Limited, Brilliant Bio Pharma Pvt Ltd, Biovet Private Limited, Venky's, Zoetis India, Merck Animal Health, Boehringer Ingelheim, Ceva Santé Animale

 

By Product

  • Attenuated Live Vaccines

  • Inactivated Vaccines

  • Subunit Vaccines

  • DNA Vaccines

  • Recombinant Vaccines

By Animal

  • Livestock

  • Companion

By Route of Administration

  • Subcutaneous

  • Intramuscular

  • Intranasal

By Region

  • North India

  • South India

  • East India

  • West India

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. India Animal Vaccine Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising demand for animal-derived food products
        2. Increasing awareness of pet healthcare
        3. Government initiatives promoting animal health
      2. Restraints
        1. High cost of vaccines and storage
        2. Adverse reactions to vaccines
      3. Opportunities
        1. Outbreaks of infectious diseases in animals
        2. Technological advancements in vaccine development
      4. Challenges
        1. Limited veterinary infrastructure
        2. Evolving regulations
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. India Animal Vaccine Market: Marketing Strategies
  5. India Animal Vaccine Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
        1. Attenuated Live Vaccines
        2. Inactivated Vaccines
        3. Subunit Vaccines
        4. DNA Vaccines
        5. Recombinant Vaccines
      2. By Animal
        1. Livestock
          1. Poultry
          2. Aqua
          3. Ruminants
          4. Swine
        2. Companion
          1. Canine
          2. Feline
          3. Others
      3. By Route of Administration
          1. Subcutaneous
          2. Intramuscular
          3. Intranasal
      4. By Region
        1. North India
        2. South India
        3. East India
        4. West India
  6. North India Animal Vaccine Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Animal
      3. By Route of Administration
  7. South India Animal Vaccine Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Animal
      3. By Route of Administration
  8. East India Animal Vaccine Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Animal
      3. By Route of Administration
  9. West India Animal Vaccine Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product
      2. By Animal
      3. By Route of Administration
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Animal Vaccine Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    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)
    1. Indian Immunologicals Limited
    2. Hester Biosciences Limited
    3. Brilliant Bio Pharma Pvt Ltd
    4. Biovet Private Limited
    5. Venky's
    6. Zoetis India
    7. Merck Animal Health
    8. Boehringer Ingelheim
    9. Ceva Santé Animale
    10. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    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 Santé Animale Company Overview

Table 38      Ceva Santé Animale Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: India Animal Vaccine Market size by value was estimated at USD 1.34 billion in 2023.
Ans: India Animal Vaccine Market by value is expected to grow at a CAGR of 7.62% during the forecast period between 2024 and 2030.
Ans: India Animal Vaccine Market size is forecast to reach a value of USD 4.87 billion by 2030.
Ans: The growth of India Animal Vaccine Market is primarily driven by the rising demand for animal-derived food products, increasing awareness of pet healthcare, and government initiatives promoting animal health.
Ans: The livestock segment holds a major share in India Animal Vaccine Market by animal.
Ans: The subcutaneous segment is expected to grow at the highest CAGR in the India Animal Vaccine Market during the forecast period between 2024 and 2030.