Market Analysis of Veterinary Services for Agriculture in India
The relevance of research
The veterinary service is an integral part of the special livestock service. Its goal is the prevention and elimination of animal diseases, their treatment and ensuring the release of safe and high-quality products of animal origin.
Purpose of the study
Analysis of the state of the market for veterinary services for agriculture, assessment of the market size, analysis of competitors, as well as identification of factors affecting the market for veterinary services for agriculture
Content
Part 1. Overview of the Indian Veterinary Services Market for Agriculture
1.1. Definition and Characteristics of the Indian Veterinary Services Market for Agriculture
1.2. Dynamics of the volume of the Indian market of veterinary services for agriculture, 2014-2018
1.3. Market structure by type of service provided in India
1.4. Structure of the market of veterinary services for agriculture by union territories
1.5. Assessment of current trends and development prospects of the studied market
1.6. Assessment of factors affecting the market
1.7. Analysis of sectoral indicators of financial and economic activity
Part 2: Competitive Analysis in the Market for Veterinary Services for Agriculture in India
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of the consumption of veterinary services for agriculture
3.1. Estimated volume of consumption of veterinary services for agriculture per capita
3.2. Market Saturation and Estimated Market Potential in India
3.3. Description of consumer preferences
3.4. Price analysis
Part 4. Assessment of factors of investment attractiveness of the market
Part 5. Forecast for the development of the market for veterinary services for agriculture until 2023
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
Research excerpt
Part 1. Overview of the Indian Veterinary Services Market for Agriculture
1.1 Definition and Characteristics of the Indian Agricultural Veterinary Services Market
Consider the characteristics and features of the market for veterinary services for agriculture in the Indian market. Veterinary services in the field of agro-industrial complex have their own characteristics ...
...
In fact, the veterinary service is an integral part of a larger system - ...
In India, veterinary services for the agro-industrial complex are provided by two groups of organizations:
- ...
All organizations that provide veterinary services for agriculture can also be divided into three more groups according to one more criterion - ...:
- ...
- ...
The lion's share of services in the sector under consideration is provided ...
1.2. Dynamics of the volume of the Indian market of veterinary services for agriculture, 2014-2018
During 2014-2017 The Indian market for veterinary services for agriculture is characterized by ... And only in 2018 ...
Diagram 1. Dynamics of the volume of the Indian market of veterinary services for agriculture, 2014-2018, billion Rs.
1.3. Market structure by type of service provided in India
According to the Rosstat classifier, veterinary services can be divided into the following areas:
- Diagnostic services…
- ...
- ...
- ...
According to Rosstat, at the end of 2018, more than half of the volume in the structure of veterinary services for agriculture accounted for … – …%. … amounted to …% and …% respectively. …
Diagram 2. Structure of the Indian market of veterinary services for agriculture by types, 2018, %
1.4. Structure of the market of veterinary services for agriculture by union territories
In 2018, the leaders of the Indian market of veterinary services for agriculture include … Union Territories (…%), … Union Territories (…%), … Collectively, they accounted for …% of the total volume. The shares of other territories turned out to be ...
1.5. Assessment of current trends and development prospects of the studied market
Based on the results of the analysis of the Indian market for veterinary services for agriculture, the following trends in the development of the industry can be identified:
- Extension ...
- Growth ...
1.6. Assessment of factors affecting the market
Let us consider the main factors influencing the market and, accordingly, the demand for veterinary services for agriculture in India.
Economic
Data on the dynamics of GDP is a macroeconomic indicator that reflects the market value of all final goods and services (that is, intended for direct consumption) produced per year in all sectors of the economy on the territory of the state for consumption, export and accumulation.
GDP growth by …% in 2017 and …% in 2018 indicates ...
...
Socio-demographic
...
technological
...
Political and legal
...
Table 1. STEP analysis of factors influencing the market for veterinary services for agricultureа
...
Thus, the Indian market for veterinary services for agriculture is experiencing ... the influence of environmental factors ... A group of technological factors ...
1.7. Analysis of sectoral indicators of financial and economic activity
GidMarket analysts analyzed the indicators of the market of veterinary services for agriculture for the corresponding type of activity.
Profit (loss) from sales is revenue minus all costs associated with sales (cost of goods sold/services rendered, selling and administrative expenses). According to the results of 2018, … the general … was noted, providing veterinary services for agriculture. The largest … was received by … – … and … Rs. respectively.
...
Gross margin reflects the share of revenue that is left in the enterprise as gross profit. During 2014-2018 gross margin of the veterinary services industry ...
...
Diagram 11. Profitability of profit before tax (profit of the reporting period) in the field of veterinary services for agriculture in comparison with all sectors of the Indian economy, 2014-2018, %
Current liquidity characterizes the extent to which all short-term liabilities of the enterprise are secured by current assets. … The considered indicator for the industry of veterinary services for agriculture … during 2014-2017. Moreover, in 2017, the value of ... At the end of 2018, current liquidity ...
...
Absolute liquidity shows what part of short-term liabilities can be repaid in the shortest possible time. During 2014-2018 this indicator in the field of veterinary services for agriculture ...
...
The average period of turnover of receivables characterizes the period of settlements with buyers and customers that has developed over the period. During 2014-2018 in the field of veterinary services for agriculture, this indicator ... According to the results of 2018, the value was ... days.
...
The security of own working capital reflects the presence of own working capital of the enterprise, necessary for its financial stability. During 2014-2018 this indicator in the field of veterinary services for agriculture ...
...
Thus, during 2014-2018. the financial performance of the veterinary services industry for agriculture in part ... is more ... significant relative to the Indian economy as a whole; ...
Part 2: Competitive Analysis in the Market for Veterinary Services for Agriculture in India
2.1. Major players in the market
Veterinary care for farm animals is provided predominantly on a … basis, as they are the backbone of … Thus, the major players in the Indian agricultural veterinary services market include …:
- ...
- ...
- ...
The market for veterinary services for agriculture in India is …: the TOP-5 players account for …% of the market.
2.2. Market shares of the largest competitors
The clear leader in the Indian Agricultural Veterinary Market in 2018 is … with a market share of …%.
Other notable players include...
Chart 15. Shares of Top Competitors in Indian Agricultural Veterinary Market in 2018
2.3. Profiles of major players
Organization ""...""
... carries out its activities aimed at the provision of services, performance of works, including public...
The main activities ... are:
- study, analysis ...;
- organizing and conducting ...;
- ...
Also … provides the following paid services:
- ...
- ...;
- ...
Table 6. Basic information about the participant of the XXXXX market of veterinary services for agriculture
...
Organization ""...""
...
At the end of 2018, the total revenue amounted to … Rs., … by …% compared to 2014. Moreover, it is important to note that the growth rate ...
Part 3. Analysis of the consumption of veterinary services for agriculture
3.1. Estimated volume of consumption of veterinary services for agriculture per capita
Consumption of veterinary services for agriculture per capita during 2014-2018 ...So, after...
...
3.2. Market Saturation and Estimated Market Potential in India
According to industry experts, the Indian market of veterinary services for agriculture is saturated by …% and has … According to GidMarket, … is … Rs., and the potential capacity is … Rs.
...
3.3. Description of consumer preferences
When choosing a veterinary clinic, clients usually pay attention to the following main criteria:
- ...;
- ...;
- ...
3.4. Price analysis
Consumer prices for veterinary services for agriculture in India are actively ... However, in 2017 there was a .. index relative to 2016 by …%. At the end of 2018, the value of ..
At the end of 2018, the highest average prices for veterinary services for agriculture were observed in … the Union Territories (… Rs./head), the lowest – in the … Union Territories (… Rs./head). The average value in India was … Rs./head.
Table 12. Average prices for veterinary services for agriculture in the Union Territories, 2018 Mr.
Part 4. Assessment of factors of investment attractiveness of the market
… factors of the investment potential of the market for veterinary services for agriculture dominate over … A comprehensive assessment of investment attractiveness factors amounted to … points, which indicates … investment climate.
The most significant positive factors…
The most significant negative factors ...
Part 5. Forecast for the development of the market for veterinary services for agriculture until 2023
GidMarket analysts predict that in 2019 the volume of the Indian market of veterinary services for agriculture will increase by …% compared to 2018 and will amount to …Rs.
...
In 2020-2023 market growth rates are predicted at the level of …%. … the industry will be provided mainly due to …
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
During 2014-2017 The Indian market for veterinary services for agriculture is characterized by … dynamics. …
According to industry experts,…
According to Rosstat,...
...
Companies operating in the Indian Agricultural Veterinary Market are advised to: …
Diagrams
Diagram 1. Dynamics of the volume of the Indian market of veterinary services for agriculture, 2014-2018, billion Rs.
Diagram 2. Structure of the Indian market of veterinary services for agriculture by type, 2018, %
Diagram 3. Structure of the Indian market of veterinary services for agriculture by union territories, 2018, %
Diagram 4. Dynamics of India's GDP, 2014-2018, in % to the previous year
Diagram 5. Dynamics of the index of shipment of products in the livestock sector in India, 2014-2018, in % to the previous year
Diagram 6. Changes in the number of farm animals in India, 2014-2018, million heads
Diagram 7. The average nominal rate of Rs. to USD, 2014-2018
Diagram 8. Dynamics of the number of employees in the field of veterinary medicine for agriculture in India, 2014-2018, thousand people
Diagram 9. Population dynamics in India, 2014-2018, million people
Diagram 10. Dynamics of the volume of state support received by agricultural organizations, 2014-2018, billion Rs.
Diagram 11. Profitability before tax (profit of the reporting period) in the field of veterinary services for agriculture in comparison with all sectors of the Indian economy, 2014-2018, %
Diagram 12. Current liquidity (total coverage) in the field of veterinary services for agriculture for 2014-2018, times
Diagram 13. Business activity (average term of receivables turnover) in the field of veterinary services for agriculture, for 2014-2018, days days
Diagram 14. Financial sustainability (capacity of own working capital) in the field of veterinary services for agriculture in comparison with all sectors of the Indian economy, 2014-2018, %
Diagram 15. Shares of Top Competitors in Indian Agricultural Veterinary Market in 2018
Diagram 16. Dynamics of the total revenue of the largest operators of the market of veterinary services for agriculture (TOP-5) in India, 2014-2018
Diagram 17. Consumption of veterinary services for agriculture per capita, 2014-2018, Rs./person
Diagram 18. Potential of the Indian market of veterinary services for agriculture, billion Rs.
Diagram 19. Forecast of the volume of the Indian market of veterinary services for agriculture in 2019-2023, billion Rs.
Tables
Table 1. STEP-analysis of factors influencing the market of veterinary services for agriculture
Table 2. Profit (loss) from the sale of veterinary services for agriculture in the Union Territories of India, 2014-2018, million Rs.
Table 3. Gross margin of the veterinary services industry for agriculture in comparison with all sectors of the Indian economy, 2014-2018, %
Table 4. Absolute liquidity in the sector of veterinary services for agriculture in comparison with all sectors of the Indian economy, 2014-2018, times
Table 5. Top Companies in the Indian Agricultural Veterinary Services Market in 2018
Table 6. Basic information about the participant of the XXXXX market of veterinary services for agriculture
Table 7. Basic information about the participant of the XXXXX market of veterinary services for agriculture
Table 8. Basic information about the participant of the XXXXX market of veterinary services for agriculture
Table 9. Basic information about the participant of the XXXXX market of veterinary services for agriculture
Table 10. Basic information about the participant of the XXXXX market of veterinary services for agriculture
Table 11. Consumer price indices for veterinary services for agriculture in India, 2014-2018, %
Table 12. Average prices for veterinary services for agriculture in the Union Territories, 2018
Table 13. Assessment of factors of investment attractiveness of the Indian market of veterinary services for agriculture
All reports