Veterinary Pharmaceutical and Medicinal Product Manufacturing in New Zealand - Market Research Report

Veterinary Pharmaceutical and Medicinal Product Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.3%

The Veterinary Pharmaceutical and Medicinal Product Manufacturing industry has posted a mixed performance over the past five years. Rising expenditure on pet health care has countered falling demand from agricultural industries. Industry revenue is expected to fall by 0.5% in 2019-20 due to a decline in the Sheep Farming industry, which has reduced demand for livestock services. Overall, industry revenue is expected to increase at an annualised 1.2% over the five years through 2019-20, to reach $549.8 million. Rising pet ownership, use of pet insurance and expenditure per capita on pet health care have contributed to greater demand for animal vaccines, booster shots and nutritional supplements. According to the New Zealand Companion Animal Council,...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Veterinary Pharmaceutical and Medicinal Product 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.

The Veterinary Pharmaceutical and Medicinal Product Manufacturing industry is forecast to post a stronger performance over the next five years. Industry revenue is projected to increase at an annualised X.X% over the five years through XXX-XX, to reach $XX.X million. Rising pet ownership and greater per capita spending on pets are anticipated to drive this revenue growth. However, declining livestock herd numbers are likely to partly offset this growth. Companion animals The companion animal market is anticipated to be the primary source of growth over the next five years. Real household discretionary incomes are projected to continue to increase over the period, encouraging more households to own pets, and existing pet owners to spend more on heal...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Veterinary Pharmaceutical and Medicinal Product Manufacturing industry statistics

  • attach_money Market Size: $553m
  • business Number of Businesses: 45
  • 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: 1,035

Biggest companies in the Veterinary Pharmaceutical and Medicinal Product Manufacturing industry

The companies holding the largest market share in the Veterinary Pharmaceutical and Medicinal Product Manufacturing in New Zealand industry include Schering-Plough Animal Health Limited, Zoetis New Zealand Limited and Virbac New Zealand Limited.

  • pie_chart Schering-Plough Animal Health Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Zoetis New Zealand Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Virbac New Zealand Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.

What is Veterinary Pharmaceutical and Medicinal Product Manufacturing industry?

Industry Definition

Industry operators primarily manufacture drugs, medicines, medicinal chemicals, vaccines, serums and other pharmaceutical products for veterinary use.

Industry Products and Services

  • Parasiticides
  • Vaccines and immunology products
  • Antibiotics
  • Other
  • All Others

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 operators primarily manufacture drugs, medicines, medicinal chemicals, vaccines, serums and other pharmaceutical products for veterinary use.

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

Beef cattle farming is one of New Zealand's largest livestock industries. Beef cattle require close monitoring for health defects, as these animals are de...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Demand from beef cattle farming
Demand from sheep farming
Number of households
Real household discretionary income

Current Performance

Livestock and farmers
Cost structure
Industry structure
 Chart: Revenue Growth

Industry Outlook

Livestock animals
Cost structure
Industry structure
 Table: Veterinary Pharmaceutical and Medicinal Product Manufacturing in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Veterinary Pharmaceutical and Medicinal Product Manufacturing in New Zealand - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Horse Farming in New Zealand
Veterinary Services in New Zealand
Pharmaceutical and Toiletry Goods Wholesaling in New Zealand
Deer, Pig and Other Livestock Farming in New Zealand
Sheep-Beef Cattle Farming in New Zealand


Key Selling Industries

Corrugated Paperboard and Paperboard Container Manufacturing in New Zealand
Medical, Surgical and Scientific Equipment Manufacturing in New Zealand





Products & Services

Industry products are principally developed for the prevention, treatment and control of disease in livestock and companion animal species. Industry produ...
Agriculture sector
Retailers and other
Wholesalers
Export markets


Demand Determinants

Demand for the veterinary pharmaceutical and medicinal products responds to changes in national livestock volumes, companion pet numbers, disease outbreak...
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

Agriculture sector
Retailers and other
Wholesalers
Export markets



 Chart: Major Market Segmentation for the Veterinary Pharmaceutical and Medicinal Product Manufacturing in New Zealand - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

The Veterinary Pharmaceutical and Medicinal Product Manufacturing industry exhibits a moderate level of market share concentration, as the top four compan...
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 and Medicinal Product Manufacturing in New Zealand - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Veterinary Pharmaceutical and Medicinal Product Manufacturing in New Zealand - Market Research Report Industry

Industry Globalization

Schering-Plough Animal Health Limited, trading as MSD Animal Health, manufactures a range of products for veterinarians, farmers and pet owners. Formerly ...
lock
Purchase this report or a membership to unlock the full analysis of the major players in this industry.

Schering-Plough Animal

 Table: Schering-Plough Animal - financial performance

Zoetis New Zealand

 Table: Zoetis New Zealand - financial performance

Virbac New Zealand

 Table: Virbac New Zealand - financial performance

Capital Intensity

This industry has a moderate level of capital intensity. Reliance on capital equipment has increased from a low level over the past five years. In 2019-20...
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 and Medicinal Product Manufacturing in New Zealand - 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 and Medicinal Product Manufacturing in New Zealand 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, %

ANAESTHETICS

ANALGESICS

COMPANION ANIMAL

DERMATOLOGY

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 and Medicinal Product 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 and Medicinal Product Manufacturing in New Zealand:

  • 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 and Medicinal Product Manufacturing in New Zealand 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 and Medicinal Product Manufacturing in New Zealand, 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