We have a long-term approach to animal health that set us apart from our peers. We believe in enabling long-term value creation for our clients serving a comprehensive range of strategy and financial management consulting. We have real-time knowledge of the animal health industry globally and in India.
Worth US$ 40.1 billion in 2022, the global animal health market is forecasted to reach US$ 84.98 billion by 2030. Animal health industry is uniquely positioned in a volatile global economy with estimate of 9.81% CAGR growth over the next decade. The animal health market is forecasted to grow at a significant rate due to the growing rate of pet ownership.
The Indian animal healthcare market is forecasted to grow from US$ 1.15 billion in 2023, to US$ 1.74 billion in 2028. With a CAGR growth estimate of 8.63%, the Indian animal health market will more than double in the coming decade. 2x growth in the market size of the India animal health industry spanning over the next decade is a conservative estimate. Increasing demand for animal protein, rising awareness of food safety and higher disposable incomes will boost the growth of the Indian animal health industry.