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South Africa Veterinary Medicine Market Size, Share & Trends Analysis Report By Animal Type, By Product (Biologics, Pharmaceuticals, Medicated Feed Additives), By Mode Of Delivery, By Distribution Channel, By Country, And Segment Forecasts, 2024 - 2030

June 2024 | 180 pages | ID: SDC892EEBBD5EN
Grand View Research, Inc.

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South Africa Veterinary Medicine Market Growth & Trends

The South African veterinary medicine market size is expected to reach USD 1,145.29 million by 2030, registering a CAGR of 7.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. South Africa and the surrounding regions in the recent past, have experienced a very high prevalence of zoonotic and animal diseases. Given the dependence on livestock farming as well as the rising popularity of pet ownership, direct contact between humans and animals is quite common in these regions. Over the past decade, these diseases have been consistently on the rise in this region, raising concern over the well-being of humans and increasing the need for proper diagnostic & treatment infrastructure to tackle the disease growth at the source, boosting the veterinary medicine demand.

For instance, as per the data published in 2023 by Frontiers in Public Health, Sub-Saharan Africa (SSA) has experienced a massive rise in zoonotic diseases. It was estimated that outbreaks of zoonotic diseases such as Ebola virus disease (EVD), viral hemorrhagic fevers, and rabies increased by 63% from 2001-2011 to 2012-2022. Further, the study highlights that over 33% of the Public Health Emergencies (PHEs) in SSA countries, such as South Africa, Nigeria, Uganda, etc., were of zoonotic origin from 2001 to 2022.

Additionally, a study was conducted in South Africa to assess the patterns of rabies in animals over more than two decades. In January 2024, a published study from the Journal of Tropical Medicine & Infectious Diseases observed the Rabies progression in animals like dogs, cattle, cats, horses, pigs, sheep, and goats from 1998 to 2022. Rabies in companion animals like dogs, cats, and horses was reported to have the highest increase of over 59%, followed by more than 21% in livestock animals like cattle, pigs, goats, and sheep. These findings suggest a steep rise in the occurrence of harmful diseases like rabies among the South African animal population. Timely intervention of treatment & elimination of this disease will help maintain a healthy animal and prevent the disease’s spread to humans.

Apart from zoonotic diseases, some of the most common and debilitating animal diseases in the country are Foot and mouth Disease (FMD), Tick-borne diseases, and Avian Influenza. According to a 2022 report published by the South African Department of Agriculture, Land Reform & Rural Development, the country had over 151 open outbreaks of FMD in provinces such as Limpopo, Northwest, Gauteng, etc. As a preventive measure, over 5 lakh animals were vaccinated.

Furthermore, a 2022 research study from Pathogens Journal highlights the prevalence of tick-borne pathogens (TBP) in South African livestock animals. This study observed the disease patterns from 1998 to 2021, inferred that the prevalence of TBPs in South African livestock was estimated to be 52.2%. When bifurcated into species, the prevalence was as follows: Cattle-51.2%, Sheep-45.4%, and goats-29.9%.

Another important factor driving the market growth is the rising pet ownership in the country. According to April 2024 Dogster publication, dogs are the most adopted pets in South Africa. Over 78% of the pet owners have at least one dog. In addition, over 45% of the total households in the country are home to some or another kind of pet. This shows the rising popularity of these pets in the country, raising the demand for proper medications and treatment services. The pet expenditure growth further emphasizes this factor, as a pet owner in South Africa spends around USD 1800 - 4000 on their pets annually.

To conclude, the rise in zoonotic and animal diseases in South Africa is putting a spotlight on the need for timely intervention, treatment, and elimination with the help of effective vaccines, pharmaceuticals, diagnostic tools, and other veterinary medicines. Additionally, the importance of livestock farming in the country’s economy and the rising popularity of pets are also contributing to the growth of the veterinary medicine market in South Africa.

South Africa Veterinary Medicine Market Report Highlights
  • By animal type, the production animal segment dominated the market with a share of over 58% in 2023. This can be attributed to an increasing number of regional disease outbreaks among production animals such as cattle, poultry, swine, etc.
  • In terms of product, the pharmaceuticals segment attributed to the largest market share in 2023. This high market share can be attributed to the vast array of products available in this segment and their application across several animal ailments.
  • By mode of delivery, the parenteral segment held the highest market share of over 45% in 2023 and the highest CAGR over the forecast period, owing to its various advantages over other delivery modes, such as circumvention of first-pass metabolism, higher drug bioavailability, accurate control over the drug dosage, and reduction in drug interactions.
  • By end-use, the veterinary hospitals & clinics segment held the highest market over 38% in 2023.This can be attributed to these facilities offering on-site pharmacies, ensuring that all the required medications are available.
  • The e-commerce segment dominated in terms of CAGR over the forecast period as this distribution channel offers convenience and accessibility to animal owners.
  • Factors such as animal health improvement, the rising prevalence of zoonotic and animals diseases in South Africa, increasing pet ownership, and rising poultry disease outbreaks like bird flu/high pathogenicity avian influenza (HPAI) are expected to drive market growth.
CHAPTER 1. RESEARCH METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
  1.1.1. Segment Definitions
  1.1.2. Product
  1.1.3. Mode of Delivery
  1.1.4. Distribution Channel
1.2. Regional Scope
1.3. Estimates And Forecast Timeline
1.4. Objectives
  1.4.1. Objective-1
  1.4.2. Objective-2
  1.4.3. Objective-3
1.5. Research Methodology
1.6. Information Procurement
  1.6.1. Purchased Database
  1.6.2. GVR’s Internal Database
  1.6.3. Secondary Sources
  1.6.4. Primary Research
1.7. Information Or Data Analysis
  1.7.1. Data Analysis Models
1.8. Market Formulation & Validation
1.9. Model Details
  1.9.1. Commodity Flow Analysis
  1.9.2. Parent Market Analysis
1.10. List Of Secondary Sources
1.11. List Of Abbreviations

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

CHAPTER 3. SOUTH AFRICA VETERINARY MEDICINE MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
  3.1.1. Parent Market Outlook
  3.1.2. Related/Ancillary Market Outlook
3.2. Market Dynamics
  3.2.1. Market Driver Analysis
    3.2.1.1. Growing Support Initiatives To Improve Animal Health
    3.2.1.2. Rising Prevalence Of Zoonotic Diseases In The South Africa
    3.2.1.3. Rising Pet Ownership
    3.2.1.4. Bird Flu Outbreak In South Africa
  3.2.2. Market Restraint Analysis
    3.2.2.1. Shortage of Veterinarians
    3.2.2.2. Stringent Regulations Limiting Market Entry of Veterinary Pharmaceuticals
    3.2.2.3. Ban on certain Veterinary APIs
3.3. South Africa Veterinary Medicine Market Analysis Tools
  3.3.1. Industry Analysis - Porter’s
    3.3.1.1. Supplier Power
    3.3.1.2. Buyer Power
    3.3.1.3. Substitution Threat
    3.3.1.4. Threat Of New Entrant
    3.3.1.5. Competitive Rivalry
  3.3.2. PESTEL Analysis
  3.3.3. Pricing Analysis
  3.3.4. Evolving Regulatory Dynamics in South Africa
  3.3.5. COVID-19 Impact Analysis

CHAPTER 4. SOUTH AFRICA VETERINARY MEDICINE MARKET: ANIMAL TYPE ESTIMATES & TREND ANALYSIS

4.1. Segment Dashboard
4.2. Global South Africa Veterinary Medicine Market Movement Analysis
4.3. South Africa Veterinary Medicine Market Size & Trend Analysis, By Animal Type, 2018 - 2030 (USD Million)
  4.3.1. Production Animal
    4.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.1.2. Poultry
      4.3.1.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.1.3. Swine
      4.3.1.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.1.4. Cattle
      4.3.1.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.1.5. Sheep & Goats
      4.3.1.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.1.6. Others (Fish, Camel, Yak)
      4.3.1.6.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  4.3.2. Companion Animals
    4.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.2.2. Dogs
      4.3.2.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.2.3. Cats
      4.3.2.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.2.4. Horses
      4.3.2.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    4.3.2.5. Others
      4.3.2.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 5. SOUTH AFRICA VETERINARY MEDICINE MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Segment Dashboard
5.2. Global South Africa Veterinary Medicine Market Movement Analysis
5.3. South Africa Veterinary Medicine Market Size & Trend Analysis, Product, 2018 - 2030 (USD Million)
  5.3.1. Biologics
    5.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    5.3.1.2. Vaccines
      5.3.1.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
      5.3.1.2.2. Attenuated Live Vaccines
        5.3.1.2.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
      5.3.1.2.3. Inactivated (Killed) Vaccines
        5.3.1.2.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
      5.3.1.2.4. Other Vaccines
        5.3.1.2.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    5.3.1.3. Other Biologics
      5.3.1.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  5.3.2. Pharmaceuticals
    5.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    5.3.2.2. Parasiticides
      5.3.2.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    5.3.2.3. Anti-infectives
      5.3.2.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    5.3.2.4. Anti-inflammatory
      5.3.2.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    5.3.2.5. Analgesics
      5.3.2.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    5.3.2.6. Others
      5.3.2.6.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  5.3.3. Medicated Feed Additives
    5.3.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 6. SOUTH AFRICA VETERINARY MEDICINE MARKET: MODE OF DELIVERY ESTIMATES & TREND ANALYSIS

6.1. Segment Dashboard
6.2. Global South Africa Veterinary Medicine Market Movement Analysis
6.3. South Africa Veterinary Medicine Market Size & Trend Analysis, Mode of Delivery, 2018 - 2030 (USD Million)
  6.3.1. Oral
    6.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    6.3.1.2. Tablet
      6.3.1.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
    6.3.1.3. Powder
      6.3.1.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  6.3.2. Parenteral
    6.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  6.3.3. Topical
    6.3.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  6.3.4. Others (Ophthalmic, Otic, Intranasal, Rectal, etc.)
    6.3.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 7. SOUTH AFRICA VETERINARY MEDICINE MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

7.1. Segment Dashboard
7.2. Movement Analysis
7.3. South Africa Veterinary Medicine Market Size & Trend Analysis, By Distribution Channel, 2018 - 2030 (USD Million)
  7.3.1. Veterinary Hospitals & Clinics
    7.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  7.3.2. E-commerce
    7.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  7.3.3. Retail Stores
    7.3.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
  7.3.4. Other Distribution Channel
    7.3.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 8. COMPETITIVE LANDSCAPE

8.1. Market Participant Categorization
8.2. Participants Overview
8.3. Financial Performance
8.4. Product Benchmarking
8.5. Market Position Analysis, 2023 (Heat Map Analysis)
8.6. Strategy Mapping
  8.6.1. Mergerss And Acquisition
  8.6.2. Launch
  8.6.3. Partnerships & Collaboarations
  8.6.4. Expansion
  8.6.5. Others
8.7. Company Profiles
  8.7.1. Zoetis Inc.
    8.7.1.1. Participant’s overview
    8.7.1.2. Financial performance
    8.7.1.3. Product benchmarking
    8.7.1.4. Strategic initiatives
  8.7.2. Boehringer Ingelheim International Gmbh
    8.7.2.1. Participant’s overview
    8.7.2.2. Financial performance
    8.7.2.3. Product benchmarking
    8.7.2.4. Strategic initiatives
  8.7.3. Merck & Co., Inc.
    8.7.3.1. Participant’s overview
    8.7.3.2. Financial performance
    8.7.3.3. Product benchmarking
    8.7.3.4. Strategic initiatives
  8.7.4. Elanco
    8.7.4.1. Participant’s overview
    8.7.4.2. Financial performance
    8.7.4.3. Product benchmarking
    8.7.4.4. Bruker Corporation
  8.7.5. Dechra Pharmaceuticals Plc.
    8.7.5.1. Participant’s overview
    8.7.5.2. Financial performance
    8.7.5.3. Product benchmarking
    8.7.5.4. Strategic initiatives
  8.7.6. Ceva Santй Animale
    8.7.6.1. Participant’s overview
    8.7.6.2. Financial performance
    8.7.6.3. Product benchmarking
    8.7.6.4. Strategic initiatives
  8.7.7. Phibro Animal Health Corporation
    8.7.7.1. Participant’s overview
    8.7.7.2. Financial performance
    8.7.7.3. Product benchmarking
    8.7.7.4. Strategic initiatives
  8.7.8. Virbac
    8.7.8.1. Participant’s overview
    8.7.8.2. Financial performance
    8.7.8.3. Product benchmarking
    8.7.8.4. Strategic initiatives
  8.7.9. Bimeda Corporate
    8.7.9.1. Participant’s overview
    8.7.9.2. Financial performance
    8.7.9.3. Product benchmarking
    8.7.9.4. Strategic initiatives
  8.7.10. Bupo Animal Health
    8.7.10.1. Participant’s overview
    8.7.10.2. Financial performance
    8.7.10.3. Product benchmarking
    8.7.10.4. Strategic initiatives
8.8. List of Other Key Market Players

CHAPTER 9. KEY TAKEAWAYS

LIST OF TABLES


Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 South Africa South Africa Market, by Animal type, 2018 - 2030 (USD Million)
Table 4 South Africa South Africa Market, by Production Animal, 2018 - 2030 (USD Million)
Table 5 South Africa South Africa Market, by Companion Animal, 2018 - 2030 (USD Million)
Table 6 South Africa South Africa Market, by Product, 2018 - 2030 (USD Million)
Table 7 South Africa South Africa Market, by Biologics, 2018 - 2030 (USD Million)
Table 8 South Africa South Africa Market, by Vaccines, 2018 - 2030 (USD Million)
Table 9 South Africa South Africa Market, by Pharmaceuticals, 2018 - 2030 (USD Million)
Table 10 South Africa South Africa Market, by Mode of Delivery, 2018 - 2030 (USD Million)
Table 11 South Africa South Africa Market, by Oral, 2018 - 2030 (USD Million)
Table 12 South Africa South Africa Market, by Distribution Channel, 2018 - 2030 (USD Million)
LIST OF FIGURES


Fig. 1 Market research process
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Market Research Approaches
Fig. 5 Value Chain-Based Sizing & Forecasting
Fig. 6 Market Formulation & Validation
Fig. 7 South Africa Veterinary Medicine Market, Market Segmentation
Fig. 8 Market Driver Relevance Analysis (Current & Future Impact)
Fig. 9 Market Restraint Relevance Analysis (Current & Future Impact)
Fig. 10 Market Challenge Relevance Analysis (Current & Future Impact)
Fig. 11 SWOT Analysis, By Factor (Political & Legal, Economic and Technological)
Fig. 12 Porter’s Five Forces Analysis
Fig. 13 Regional Marketplace Key Takeaways
Fig. 14 South Africa Veterinary Medicine Market, for Animal type, 2018 - 2030 (USD Million)
Fig. 15 South Africa Veterinary Medicine Market, for Production animal, 2018 - 2030 (USD Million)
Fig. 16 South Africa Veterinary Medicine Market, for Poultry, 2018 - 2030 (USD Million)
Fig. 17 South Africa Veterinary Medicine Market, for Swine, 2018 - 2030 (USD Million)
Fig. 18 South Africa Veterinary Medicine Market, for Cattle, 2018 - 2030 (USD Million)
Fig. 19 South Africa Veterinary Medicine Market, for Sheep & Goats, 2018 - 2030 (USD Million)
Fig. 20 South Africa Veterinary Medicine Market, for Others (Fish, Camel, Yak), 2018 - 2030 (USD Million)
Fig. 21 South Africa Veterinary Medicine Market, for Companion animal, 2018 - 2030 (USD Million)
Fig. 22 South Africa Veterinary Medicine Market, for Dogs, 2018 - 2030 (USD Million)
Fig. 23 South Africa Veterinary Medicine Market, for Cats, 2018 - 2030 (USD Million)
Fig. 24 South Africa Veterinary Medicine Market, for Horses, 2018 - 2030 (USD Million)
Fig. 25 South Africa Veterinary Medicine Market, for Others, 2018 - 2030 (USD Million)
Fig. 26 South Africa Veterinary Medicine Market, for Product, 2018 - 2030 (USD Million)
Fig. 27 South Africa Veterinary Medicine Market, for Biologics, 2018 - 2030 (USD Million)
Fig. 28 South Africa Veterinary Medicine Market, for Vaccines, 2018 - 2030 (USD Million)
Fig. 29 South Africa Veterinary Medicine Market, for Modified/ Attenuated Live, 2018 - 2030 (USD Million)
Fig. 30 South Africa Veterinary Medicine Market, for Inactivated (Killed), 2018 - 2030 (USD Million)
Fig. 31 South Africa Veterinary Medicine Market, for Other Vaccines, 2018 - 2030 (USD Million)
Fig. 32 South Africa Veterinary Medicine Market, for Other Biologics, 2018 - 2030 (USD Million)
Fig. 33 South Africa Veterinary Medicine Market, for Pharmaceuticals, 2018 - 2030 (USD Million)
Fig. 34 South Africa Veterinary Medicine Market, for Parasiticides, 2018 - 2030 (USD Million)
Fig. 35 South Africa Veterinary Medicine Market, for Anti-infectives, 2018 - 2030 (USD Million)
Fig. 36 South Africa Veterinary Medicine Market, for Anti-inflammatory, 2018 - 2030 (USD Million)
Fig. 37 South Africa Veterinary Medicine Market, for Analgesics, 2018 - 2030 (USD Million)
Fig. 38 South Africa Veterinary Medicine Market, for Others, 2018 - 2030 (USD Million)
Fig. 39 South Africa Veterinary Medicine Market, for Oral, 2018 - 2030 (USD Million)
Fig. 40 South Africa Veterinary Medicine Market, for Tablet, 2018 - 2030 (USD Million)
Fig. 41 South Africa Veterinary Medicine Market, for Powder, 2018 - 2030 (USD Million)
Fig. 42 South Africa Veterinary Medicine Market, for Parenteral, 2018 - 2030 (USD Million)
Fig. 43 South Africa Veterinary Medicine Market, for Topical, 2018 - 2030 (USD Million)
Fig. 44 South Africa Veterinary Medicine Market, for Others (Ophthalmic, Otic, Intranasal, Rectal, etc.), 2018 - 2030 (USD Million)
Fig. 45 South Africa Veterinary Medicine Market, for Distribution Channel, 2018 - 2030 (USD Million)
Fig. 46 South Africa Veterinary Medicine Market, for Veterinary Hospitals & Clinics , 2018 - 2030 (USD Million)
Fig. 47 South Africa Veterinary Medicine Market, for E-commerce, 2018 - 2030 (USD Million)
Fig. 48 South Africa Veterinary Medicine Market, for Retail Stores, 2018 - 2030 (USD Million)
Fig. 49 South Africa Veterinary Medicine Market, for Others Distribution Channels, 2018 - 2030 (USD Million)


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