Reports

Sale

Chile Veterinary Drugs Market

Chile Veterinary Drugs Market Share, Size, Analysis, Trends: By Product: Biologics, Pharmaceuticals, Medicinal Feed Additives; By Animal: Companion, Livestock; By Route of Administration: Topical, Parenteral, Oral; By Distribution Channel: Veterinary Hospitals and Clinics, Others; Competitive Landscape; 2024-2032

Chile Veterinary Drugs Market Outlook

The Chile veterinary drugs market size reached a value of approximately USD 224.86 million in 2023. The market is expected to grow at a CAGR of 8.50% between 2024 and 2032, driven by increasing concern for companion animals and expanding veterinary care network.

 

chile veterinary drugs market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Trends in the Market

Veterinary drugs are specific formulations that aim to improve the health of animals, both proactively and in treatment of specific diseases and conditions. While some veterinary drugs are administered to animals based on their age and species, others may be prescribed when certain conditions are suspected or diagnosed. Veterinary drugs are suited for a variety of animal species, including companion animals like dogs and cats as well as livestock animals like cattle, chickens, and pigs.

 

  • A major increase in the number of pet owners and surging awareness regarding pet health are boosting the need for better treatment options for companion animals as well as proactive healthcare. More pet owners are vaccinating their pets resulting in increased health expenditure on pets, thus aiding the Chile veterinary drugs market.
  • With the significant meat consumption in the country, there is an increasing pressure on animal farmers to maintain the health of livestock. The rising prevalence of zoonotic and chronic diseases coupled with surging awareness about food-borne diseases are contributing to the demand for veterinary drugs for livestock animals.
  • The growth of the Chile veterinary drugs market is predicted to be aided by the rising use of pet health insurance and expansion of veterinary healthcare networks in the country. With the increase in number of veterinary care clinics, more pet owners are taking their pets for regular check-ups at the vets and administering recommended veterinary drugs.

 

Chile Veterinary Drugs Market Analysis

 

chile veterinary drugs market by segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on product, the market is divided into biologics, pharmaceuticals, and medicinal feed additives, with biologics further divided into vaccines, among others while pharmaceuticals are sub-divided into parasiticides, anti-infectives, anti-inflammatory, and analgesics, among others. On the basis of animal, the market is bifurcated into companion and livestock. The market on the basis of route of administration is segmented into topical, parenteral, and oral. Based on distribution channel, the market is categorised into veterinary hospitals and clinics, pharmacies and drug stores, and online, among others.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Chile veterinary drugs market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans. 

 

  • Boehringer Ingelheim GmbH
  • Elanco Animal Health Inc.
  • Zoetis Inc.
  • Vetanco
  • Agricola Nacional SAC E I.
  • Laboratory Drag Pharma Chile Invetec S.A.
  • Others

 

Market Share by Product

Pharmaceuticals account for a significant share in the Chile veterinary drugs market due to the increased incidences of zoonotic diseases, brucellosis, and food-borne illnesses. The use of parasiticides by animal providers for illness prevention and management is projected to expand due to the spike in the pet population and rising occurrences of parasites in cats, dogs, and other animals.

 

The biologics segment is in the Chile veterinary drugs market is anticipated to grow at a rapid rate over the forecast period, fuelled by the increasing demand for vaccines. More livestock and companion animals are using vaccines to prevent diseases, avoiding risk to animal health and more expensive treatments for complex diseases. In livestock animals, diseases can negatively affect animal breeding and spread rapidly among flocks due to close proximity of animals. As a result, the demand for immunisations in livestock is rising to prevent such epidemics. 

 

Market Share by Route of Administration

According to route of administration the oral veterinary drugs are expected to occupy a sizable share of the Chile veterinary drugs market. Oral medicines are commonly given to pets either hidden in food or in the form of chewable pills and are suited for long-term treatments as these drugs can be administered without any specialised veterinary knowledge. Furthermore, oral drugs can be used to treat and prevent a wide range of conditions in animals, increasing their demand. 

 

Meanwhile, for emergency treatments, particularly in veterinary hospitals and clinics, parenteral routes of administration are the leading choice. As illnesses are sometime detected in animals at a later stage, parenteral administration helps in speedier impact and response, increasing the effectiveness of the drugs.

 

chile veterinary drugs market report

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Competitive Landscape

Boehringer Ingelheim GmbH, founded in 1885 with headquarters in Rhineland-Palatinate in Germany focuses on research and is dedicated to the development, production, and marketing of cutting-edge medical goods. The company is one of the biggest suppliers of medicines, parasiticides, and vaccinations. It also offers systems for diagnostics and monitoring. Boehringer supports veterinarians, farmers, as well as pet and horse owners, with a significant presence in the companion animal and livestock industries. 

 

Elanco Animal Health Inc. is a global animal health corporation based in Indiana in the United States and founded in 1954. Elanco has made a commitment to equipping farmers, veterinarians, and anyone else who cares for animals with the resources they require to ensure that those animals enjoy long and healthy lives. The company focuses on providing sustainable solutions to enhance the wellbeing of people, animals, and the environment through its Elanco Healthy PurposeTM framework of Environmental, Social, and Governance (ESG) commitments.

 

Zoetis Inc., founded in 2013 and headquartered in New Jersey, United States, is a world leading animal health company. Over 100 nations benefit from the company's top portfolio and pipeline of drugs, vaccines, diagnostics, and technologies. Zoetis investigates, develops, produces, and sells vaccinations, medications, diagnostics, and other technologies for companion animals and livestock.

 

Other market players include Vetanco, Agricola Nacional SAC E I., and Laboratory Drag Pharma Chile Invetec S.A., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Animal
  • Route of Administration
  • Distribution Channel
Breakup by Product
  • Biologics
  • Pharmaceuticals
  • Medicinal Feed Additives
Breakup by Animal
  • Companion
  • Livestock
Breakup by Route of Administration
  • Topical
  • Parenteral
  • Oral
Breakup by Distribution Channel
  • Veterinary Hospitals and Clinics
  • Pharmacies and Drug Stores
  • Online
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Boehringer Ingelheim GmbH
  • Elanco Animal Health Inc.
  • Zoetis Inc.
  • Vetanco
  • Agricola Nacional SAC E I.
  • Laboratory Drag Pharma Chile Invetec S.A.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Market Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Latin America Veterinary Drugs Market Overview

    8.1    Key Industry Highlights
    8.2    Latin America Veterinary Drugs Historical Market (2018-2023) 
    8.3    Latin America Veterinary Drugs Market Forecast (2024-2032)
    8.4    Latin America Veterinary Drugs Market share by Country
        8.4.1    Brazil
        8.4.2    Argentina
        8.4.3    Mexico
        8.4.4    Chile
        8.4.5    Others
9    Chile Veterinary Drugs Market Overview
    9.1    Key Industry Highlights
    9.2    Chile Veterinary Drugs Historical Market (2018-2023) 
    9.3    Chile Veterinary Drugs Market Forecast (2024-2032)
10    Chile Veterinary Drugs Market by Product
    10.1    Biologics
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023)
        10.1.3    Forecast Trend (2024-2032)
        10.1.4    Market by Type
        10.1.5    Vaccines
        10.1.6    Others
    10.2    Pharmaceuticals
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023)
        10.2.3    Forecast Trend (2024-2032)
        10.2.4    Market by Type
            10.2.4.1    Parasiticides
            10.2.4.2    Anti-Infectives
            10.2.4.3    Anti-Inflammatory
            10.2.4.4    Analgesics
            10.2.4.5    Others
    10.3    Medicinal Feed Additives
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023)
        10.3.3    Forecast Trend (2024-2032)
11    Chile Veterinary Drugs Market by Animal
    11.1    Companion
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023)
        11.1.3    Forecast Trend (2024-2032)
    11.2    Livestock
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023)
        11.2.3    Forecast Trend (2024-2032)
12    Chile Veterinary Drugs Market by Route of Administration
    12.1    Topical
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023)
        12.1.3    Forecast Trend (2024-2032)
    12.2    Parenteral
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023)
        12.2.3    Forecast Trend (2024-2032)
    12.3    Oral
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023)
        12.3.3    Forecast Trend (2024-2032)
13    Chile Veterinary Drugs Market by Distribution Channel
    13.1    Veterinary Hospitals and Clinics
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023)
        13.1.3    Forecast Trend (2024-2032)
    13.2    Pharmacies and Drug Stores
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023)
        13.2.3    Forecast Trend (2024-2032)
    13.3    Online
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023)
        13.3.3    Forecast Trend (2024-2032)
    13.4    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyers Powers 
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Boehringer Ingelheim GmbH
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Elanco Animal Health Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Zoetis Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Vetanco
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Agricola Nacional SAC E I.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Laboratory Drag Pharma Chile Invetec S.A.
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Latin America Veterinary Drugs Market: Key Industry Highlights, 2018 and 2032
2.    Chile Veterinary Drugs Market: Key Industry Highlights, 2018 and 2032
3.    Chile Veterinary Drugs Historical Market: Breakup by Product (USD Million), 2018-2023
4.    Chile Veterinary Drugs Market Forecast: Breakup by Product (USD Million), 2024-2032
5.    Chile Veterinary Drugs Historical Market: Breakup by Animal (USD Million), 2018-2023
6.    Chile Veterinary Drugs Market Forecast: Breakup by Animal (USD Million), 2024-2032
7.    Chile Veterinary Drugs Historical Market: Breakup by Route of Administration (USD Million), 2018-2023
8.    Chile Veterinary Drugs Market Forecast: Breakup by Route of Administration (USD Million), 2024-2032
9.    Chile Veterinary Drugs Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10.    Chile Veterinary Drugs Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11.    Chile Veterinary Drugs Market Structure

Key Questions Answered in the Report

In 2023, the veterinary drugs market in Chile attained a value of nearly USD 224.86 million.

The market is projected to grow at a CAGR of 8.50% between 2024 and 2032.

The major drivers of the market include the increase in the number of pet owners, rising awareness and understanding of pet health, growing meat consumption, and increasing use of pet health insurance.

Increasing incidence of pet obesity, growing networks of veterinary care centres, and the rising prevalence of zoonotic and chronic diseases are the key trends propelling the growth of the market.

On the basis of animal, the market is segmented into companion and livestock.

The routes of administration in the market are topical, parenteral, and oral.

The various distribution channels in the market are veterinary hospitals and clinics, pharmacies and drug stores, and online, among others.

Recommended veterinary vaccines depend upon the particular animal species, for example, for dogs, canine distemper, parvovirus, and rabies are common vaccines while for cats, calicivirus and feline distemper vaccines are recommended.

Anti-inflammatories are commonly prescribed for companion animals such as dogs and cats as they help reduce inflammation, swelling, and pain which can be brought about by typical household accidents.

Similar to drugs intended for humans, veterinary drugs are also subject to testing, and approvals from regulatory authorities such as the United States FDA.

The major players in the Chile veterinary drugs market are Boehringer Ingelheim GmbH, Elanco Animal Health Inc., Zoetis Inc., Vetanco, Agricola Nacional SAC E I., and Laboratory Drag Pharma Chile Invetec S.A., among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER