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Veterinary Pharmaceutical Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Veterinary Pharmaceutical Manufacturing Market Research Report | ANZSIC C1842 | Feb 2016

Top dog: Pet humanisation trends are driving sales of pharmaceuticals for companion animals

The Veterinary Pharmaceutical Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$525m
Annual Growth 11-16
5.6%
Annual Growth 16-21
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Profit
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Employment
1,140
Businesses
57
Industry Analysis & Industry Trends

The Veterinary Pharmaceutical Manufacturing industry is a small segment of the general Australian pharmaceutical sector. The industry develops and manufactures 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). The industry accounts for just over 5% of the pharmaceutical sector.

Over the five years through 2015-16, the industry has had a highly volatile performance due to various external shocks... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Over the past five years, the industry has witnessed some positive growth in revenue as drought conditions eased and demand for companion animal and livestock health products increased. Industry value added (IVA), a measurement of an industry’s contribution to the overall economy, is expected to grow by an annualised 5.2% over the 10 years through 2020-21. While this is above forecast annualised GDP growth of 2.6% over the same period suggesting that the industry is outperforming the wider economy, this growth rate is distorted by the significant drop in IVA that occurred in the base year. Ignoring this anomaly, growth in IVA tends to lag that of the wider economy suggesting a mature industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Veterinary Pharmaceutical Manufacturing Industry?

This industry manufactures drugs, medicines, medicinal chemicals, vaccines, serums and other pharmaceutical products for veterinary use. These animal health products are targeted towards food-producing animals (cattle, pigs, poultry and sheep) and companion animals (dogs and cats).

Industry Products
ParasiticidesOther productsAntibiotics and related productsImmunotherapy products and vaccinesNutrition and metabolism productsDermatological preparationsMusculosketal system products
 
Industry Activities
ParasiticidesImmunotherapy product including vaccinesNutritional and metabolism productAntibioticsOther animal healthcare product


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