The global veterinary medicine market size is anticipated to expand at a CAGR of 7.4 percent until 2028, according to recent reports by Grand View Research. Factors fueling the growth of this market include the increasing cases of zoonotic and chronic diseases.
The adoption of feed additives not only aids in enhancing the overall animal health but also helps in improving the quality of the produce such as milk, meat, and eggs. Clients in the Veterinary pharma industry today look for regular growth and increase in the price of milk and poultry products and also the availability of compound feed at sustained price and feed premix at reasonable rates.
Perfectly understanding the aforementioned requirements of the clients, Vesper Group offers the right and necessary feed supplements at nominal rates to the clients. The company not only manufactures result-oriented Veterinary products but also renders professional and expert technical support to farmers, which helps them in maintaining healthy livestock and poultry.
The company also offers products that are manufactured based on molecular weight and always considers individual animal species physiology as the base for its product development.
“We are the market leaders in the poultry segment since 1978 and have been providing great services to the animal and poultry healthcare segment. Our products mostly in the potent liver tonic segment such as Toxol and unique products such as CMI plus + Immolyte that is given for improving immunity and also during viral outbreaks and Respiron for respiratory diseases of poultry,” explains Suresh Sharma, Founder & Managing Director, Vesper Group.
Some of the successful products of Vesper include Masticare for subclinical mastitis and pathocare for FMD cases in the cattle industry apart from Rumi-Ves mineral premix and Equi-Ves for horses.
Both in the cattle, as well as poultry segment, the demand and usage of herbal products, is increasing. Vesper Group offers herbal products such as U-care for kidneys, Dygistim, which is a general health tonic, and CeeNatural - a natural Vitamin C product.
We are the market leaders in the poultry segment since 1978
‘Quick decision making’ and ‘calculative risk taking’ approach
The Founder & MD of Vesper Group, Mr. Suresh Sharma is a veterinarian with a visionary outlook. His vast knowledge of animal physiology and reproduction system helped Vesper to develop unique products for animals and the poultry industry. Furthermore, his knowledge of the molecular weight of drugs helped Vesper to not only develop and manufacture products offering wonderful results but are also known for their uniqueness and success. What has helped Vesper to be one of the leading Veterinary pharmaceutical companies is the regular information the company obtains about field problems and the ‘quick decision making and ‘calculative risk taking’ approach followed by the company.
“While we are looking forward to improving our poultry vaccine market, overseas sales of poultry and cattle product range. We are also focusing on improving our Government and Private Institutional sales,” says Suresh Sharma.
Talking about the future of the Veterinary pharma industry in the Indian market, Suresh Sharma states that, “Considering livestock and poultry industry, the demand for Veterinary pharma will be ever-growing, it is also playing a major role in the national GDP, which is 4.11 % and 25.6 % of total agriculture GDP. Also, with the commercialization of dairy and poultry farming the production becoming too intensive with a rise of demand for health and production-related feed supplements will be quite high. Furthermore, the trend will shift towards Herbal medicines considering the side effects of synthetic drugs and withdrawal period.”