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 2011-12, the industry accounted for just 4.4% of the overall pharmaceutical industry.
Over the five years through 2013-14, the performance of the industry was highly volatile as it 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: food-producing animals and companion animals. This means that the performance of the industry tends to be influenced by pet ownership trends and by developments within the nation's agricultural sector, particularly its cattle industries.
While it has been shrinking as a proportion of the overall Pharmaceutical Product Manufacturing industry, the Veterinary Pharmaceutical Manufacturing industry has been somewhat buoyed lately by the break of the drought conditions that have plagued Australia's agricultural sector since the previous century... purchase to read more