What is the size of the Veterinary Market in India | Industry Trends & Forecast 2026

Code: MTA11708 Publication Date: Dec 2025

What is the growth rate of the India Veterinary Market?

According to 6Wresearch internal database and industry insights, India Veterinary Market is expanding at a CAGR of 7.8% during the forecast period 2026-2032.

There are numbers of factors which are contributing in the expansion of the market include rising pet ownership, increasing expenditure on animal health, growing livestock healthcare needs, rising demand for veterinary diagnostics and vaccines, and advancement in animal treatment services across urban and rural regions.

Key Growth Drivers of the India Veterinary Market

  • Demand for advanced pet care services is increasing
  • Adoption of preventive healthcare for livestock is rising
  • The investments are growing in veterinary clinics and diagnostic facilities
  • The awareness towards zoonotic disease prevention is strengthening
  • The market growth is driven by innovation in veterinary pharmaceuticals

India Veterinary Market Trends

India Veterinary Market is witnessing increasing demand for companion animal healthcare services supported by rising urban lifestyle shifts. The adoption of digital veterinary consultation platforms is expanding accessibility among pet owners. The market is observing higher preference for specialized treatments including dermatology, orthopedics, and dental care for animals. Veterinary product distribution networks are improving with expanded reach into semi-urban regions. Growth in pet nutrition, supplements, and wellness-based formulations is becoming more prominent. Livestock monitoring technologies and health management tools are gaining traction in dairy and poultry segments. Additionally, rising trend of pet insurance adoption is strengthening structured veterinary expenditure.

Emerging Developments in the India Veterinary Market

India Veterinary Market is progressing with advancements in diagnostic imaging tools, molecular testing capabilities, and rapid disease detection solutions. The market has noticed increasing R&D in veterinary biologics, immunotherapies, and enhanced vaccine formulations. Collaborations between veterinary hospitals, pharmaceutical developers, and livestock cooperatives are contributing to innovation adoption. Technology-driven animal health monitoring platforms and wearable tracking devices are gaining attention. Expansion of training and professional development programs is supporting skilled veterinary practice growth. Increasing establishment of multi-specialty veterinary hospitals is raising service quality standards. These developments are supporting transformation in animal healthcare delivery, livestock productivity, and pet wellness adoption across the market landscape.

List of Leading Companies in the India Veterinary Market

Some of the leading companies include:

  • Zoetis Inc.
  • Boehringer Ingelheim
  • Indian Immunologicals Ltd.
  • Virbac Animal Health
  • Vetoquinol India
  • Hester Biosciences
  • Merck Animal Health

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