Industry Analysis & Industry Trends
The Veterinary Pharmaceutical Manufacturing industry is a relatively small segment of the general Australian pharmaceutical sector. The industry is involved in the development and manufacture of animal health products including veterinary medicines, vaccines, and other biological and medicinal feed additives. As such, it is geared towards two main segments: food-producing animals (including cattle, pigs, poultry and sheep) and companion animals (including cats and dogs). In 2012-13, the industry accounted for just 4.5% of the overall pharmaceutical sector.
Over the five years through 2014-15, the performance of the industry has been highly volatile, as it has contended with a number of external shocks... purchase to read more
Industry Report - Industry Analysis Chapter
The Veterinary Pharmaceutical Manufacturing industry is involved in the manufacture of animal health products geared towards two major segments: companion animals and food-producing animals. This means that the performance of the industry tends to be influenced by pet ownership trends and by developments within the agricultural sector, particularly its cattle industries. In turn, these agricultural industries are influenced by weather conditions and agricultural commodity prices.
Over the five years through 2014-15, industry performance has been volatile, affected by external shocks such as the slow recovery from the global financial crisis, extreme weather conditions and the occurrence of various diseases... purchase to read more