Home » Agriculture Articles » RNCOS Research: Animal Biologicals Market In India- Impending To Pitch
RNCOS Research: Animal Biologicals Market In India- Impending To Pitch
RNCOS Research: (http://www.marketsmonitor.com/category/IM032.html) Growing at an approx 22 percent per year, the animal biologicals market seems to have enough of potential to surge in the years to come...
/Agriculture PR News/ - NEW DELHI, INDIA, May 06, 2006 - RNCOS Research:( http://www.marketsmonitor.com/category/IM032.html) Ensuring the health of animals, with the help of animal biologicals, is the first concern of the entire livestock industry of India. Most often the common species including canine, cattle, sheep, buffalo, goat, swine and poultry are more susceptible to animal diseases. Basically, there are two types of animal diseases; first ones are those that spread with the trading of food and movement of animals across geographic regions, whereas the second ones are those that affect both the animal as well as human being such as rabies, bird flu to name a few.
A latest market research report named "Indian Livestock Industry - An Industry Analysis" published by RNCOS has found out, "Presently, domestic pharmaceuticals market in India is $5.5Bn while the domestic animal health industry accounts for just about $ 232Mn. Where the domestic market for human biologicals is approximately $ 390Mn, the domestic market for animal biologicals is just about $ 42Mn".
As per experts, "Compared to human biologicals of 9 percent, the animal biologicals have a higher intramarket salience of 20 percent". "The animal biologicals market in India will be able to reach $ 110Mn from its present level of $ 42Mn" further added the experts.
The report provides a comprehensive analysis of the 29 states and 6 union territories. It lists Jammu and Kashmir, Rajasthan, Gujarat, Uttar Pradesh and North and East Himalayas' hilly regions as the maximum livestock population holders in India.
Not only does this report include a comprehensive analysis of the opportunities and challenges before the Indian livestock industry it also gives a deep insight into the current trends as well as future prospects of the Indian livestock industry. The report also provides a detailed discussion of the various government programs to support Indian livestock industry. The report is a valuable documentation for both the investors as well industrialists who wish to make a way into the livestock industry in India.1
To purchase your copy: http://www.marketsmonitor.com/category/IM032.html
For more information about the report please visit www.marketsmonitor.com
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