With turnover of USD1.7 billion, India accounts for 10.9% of the Asia Pacific total in 2023. The industry’s profitability increases and stands at 52.5% of turnover in 2023, the highest regionally. The costs of the industry increase by 1.6% in 2023, largely driven by rising B2B costs. The total number of companies decreases in 2023, to 1,744,967 units. The industry is fragmented, with the top three companies generating 2.5% of total production value in 2023. Vetoquinol India Animal Health Pvt Ltd is the largest company in India, generating 1.5% of the industry’s total turnover value in 2023. B2B drives market demand, with B2B spending representing 61.4% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Veterinary Services in India: ISIC 852. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Veterinary Services in India: ISIC 852 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hospitals, medical practice, dental practice, and other health services.
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