Veterinary Pharmaceutical Manufacturing in Australia - Market Research Report

Veterinary Pharmaceutical Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: 6.8%

The Veterinary Pharmaceutical Manufacturing industry represents 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. The industry focuses on two main segments: food-producing animals (including cattle, pigs, poultry and sheep) and companion animals (including cats and dogs). The industry accounts for just under 7% of the pharmaceutical sector by revenue. As with other areas related to life science, industry firms have been facing increasingly stringent regulatory controls and associated higher compliance costs. Growing consolidation pressures have compounded this issue, prompting sever...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Veterinary Pharmaceutical Manufacturing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Revenue for the Veterinary Pharmaceutical Manufacturing industry is forecast to rise over the next five years. This rise is anticipated to stem from growth in both the food-producing and companion animal markets, as farmers and pet owners increasingly favour using preventative medicines to increase the yield or lifespan of their animals. Greater regulation of livestock care is projected to boost demand for veterinary pharmaceuticals, with anticipated increases in downstream demand coming from Australia's cattle and sheep farming sectors. Global demand for protein-rich food, such as meat, milk and eggs, is also projected to support this trend, likely flowing through into higher animal healthcare expenditure by some of Australia's farming sector, parti...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Veterinary Pharmaceutical Manufacturing industry statistics

  • attach_money Market Size: $746m
  • business Number of Businesses: 158
  • poll Average Industry Profit Margin: x.x%
    lock
    Purchase this report or a membership to unlock the average company profit margin for this industry.
  • supervisor_account Industry Employment: 1,131

Biggest companies in the Veterinary Pharmaceutical Manufacturing industry

The companies holding the largest market share in the Veterinary Pharmaceutical Manufacturing in Australia industry include Zoetis Australia Pty Ltd, Intervet Australia Pty Ltd, Virbac (Australia) Pty Limited and Jurox Pty Ltd.

  • pie_chart Zoetis Australia Pty Ltd Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Intervet Australia Pty Ltd Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Virbac (Australia) Pty Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Jurox Pty Ltd Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.

What is Veterinary Pharmaceutical Manufacturing industry?

Industry Definition

Industry firms manufacture 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 (primarily dogs and cats).

Industry Products and Services

  • Parasiticides
  • Other products
  • Antibiotics and related products
  • Immunotherapy products and vaccines
  • Nutrition and metabolism products
  • Dermatological preparations
  • Musculoskeletal system products

Industry Activities

  • Parasiticides manufacturing
  • Immunotherapy product manufacturing including vaccines
  • Nutritional and metabolism product manufacturing
  • Antibiotics manufacturing
  • Other animal healthcare product manufacturing

Market research report - table of contents

Industry Definition

Industry firms manufacture 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 (primarily dogs and cats).

Main Activities

  • Parasiticides manufacturing
  • Immunotherapy product manufacturing including vaccines
  • Nutritional and metabolism product manufacturing
  • Antibiotics manufacturing
  • Other animal healthcare product manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Dairy cattle farmers use industry products to maintain the health of milk-producing cattle. Rainfall patterns, domestic and international milk consumption...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Demand from dairy cattle farming
Number of veterinarians
Real household discretionary income
Demand from beef cattle farming

Current Performance

Pet humanisation
International profile
Changing regulatory backdrop
 Chart: Revenue Growth

Industry Outlook

 Table: Veterinary Pharmaceutical Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Veterinary Pharmaceutical Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Pet Breeding and Other Livestock Farming in Australia
Livestock and Other Agricultural Supplies Wholesaling in Australia
Veterinary Services in Australia
Pharmaceuticals Wholesaling in Australia



Key Selling Industries

Pharmaceutical Product Manufacturing in Australia
Packaging Services in Australia





Products & Services

The Veterinary Pharmaceutical Manufacturing industry manufactures a range of animal health products designed for veterinary medicine. These products inclu...
Veterinarians
Export markets




Demand Determinants

Demand for the industry's products is influenced by developments in the food-producing sector in Australia. Moreover, any animal-related disease outbreak,...
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

Veterinarians
Export markets





 Chart: Major Market Segmentation for the Veterinary Pharmaceutical Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

Echoing the unprecedented degree of change currently occurring within the general pharmaceutical sector, the competitive landscape of the Veterinary Pharm...
lock
Purchase this report or a membership to unlock the full analysis of the market share concentration in this industry.

Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Veterinary Pharmaceutical Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Veterinary Pharmaceutical Manufacturing in Australia - Market Research Report Industry

Industry Globalization

Zoetis, which was formerly the animal health business of pharmaceutical giant Pfizer, became a fully independent company in June 2013. Zoetis operates in ...
lock
Purchase this report or a membership to unlock the full analysis of the major players in this industry.

Zoetis Australia

 Table: Zoetis Australia - financial performance

MSD Animal Health

 Table: MSD Animal Health - financial performance

Virbac Animal Health

 Table: Virbac Animal Health - financial performance

Jurox

 Table: Jurox - financial performance

Capital Intensity

This industry has a medium level of capital intensity. This reflects that capital is a core component in developing sophisticated veterinary pharmaceutica...
lock
Purchase this report or a membership to unlock the full analysis of the capital intensity of this industry.
 Chart: Level of Capital Intensity for the Veterinary Pharmaceutical Manufacturing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Veterinary Pharmaceutical Manufacturing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

AGVET CHEMICALS

COMPANION ANIMAL

FOOD PRODUCING INDUSTRIES

ZOONOTIC DISEASES

Purchase to Read Full Report

100% Money Back Guarantee Digicert Trusted

Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Veterinary Pharmaceutical Manufacturing industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Veterinary Pharmaceutical Manufacturing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Veterinary Pharmaceutical Manufacturing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Veterinary Pharmaceutical Manufacturing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
clear