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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

IBISWorld’s Veterinary Pharmaceutical Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Investment Chapter

This industry has a medium level of capital intensity. This reflects that capital is a core component in developing sophisticated veterinary pharmaceutical goods, with products often manufactured in costly production facilities using high-tech processes. Simultaneously, the industry also relies heavily on the use of highly skilled labour to develop and manufacture its products. For every dollar spent on capital expenses, $5.00 is spent on labour. The skilled nature of the industry's labour force reflects its use of dangerous or toxic chemicals that could be fatal if incorrectly prepared... 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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