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 Products Chapter
The industry manufactures a range of animal health products designed for use in veterinary medicine. These products include veterinary drugs, medicines, vaccines, serums and medicinal chemicals. Veterinary pharmaceuticals cover a range of products that prevent or treat a wide range of animal-related diseases and health concerns. The largest product segment for the industry is parasiticides. Other key segments include antibiotics, immunotherapy products, and nutritional and metabolism products. Relevant product shares tend to remain relatively stable on a year-by-year basis, assuming no major outbreaks of parasites or diseases like equine influenza.
Parasiticides are veterinary products used to kill both internal and external parasites... purchase to read more