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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 | Dec 2016

Pampered: Pet humanisation trends are boosting industry revenue growth

IBISWorld’s Veterinary Pharmaceutical Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$590m
Annual Growth 12-17
6.1%
Annual Growth 17-22
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Profit
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Employment
1,170
Businesses
68
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. The industry 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 5.5% of the pharmaceutical sector.

As with other life science-related areas, the industry is facing increasingly stringent regulatory controls and associated higher compliance costs... purchase to read more

Industry Report - Starting a New Business Chapter

The Veterinary Pharmaceutical Manufacturing industry is becoming increasingly globalised, with three of the four major players being subsidiaries of multinational operators. These companies hold significant market share on both a global and local basis. This can represent a significant entry barrier, as these companies possess the necessary resources to support and promote their products and to undertake the necessary R&D to ensure the continuous introduction of new products.

Regulatory barriers are also substantial, reflecting the industry's stringent operating backdrop. Companies require accreditation from Australian Pesticides and Veterinary Medicine Association (APVMA)... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Veterinary Pharmaceutical Manufacturing Industry?

The 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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