The global veterinary medicine market is expected to grow at a CAGR of 5.57 per cent till 2027. The rising demand for quality food and the increasing chronic diseases among livestock are being cited as the reasons by industry experts for the projected growth of the industry. Food consumption and the view of public towards food is changing.
There is an increasing awareness among the consumers about the importance of nutritional quality of food products and their safety. Hence, the companies that are manufacturing animal health products have to adopt practices to ensure quality and safety in products intended for food producing animals and poultry.
This is where Hyderabad based Veterinary Animal Health and pharmaceutical manufacturer Neospark Drugs and Chemicals Pvt. Ltd. comes into play. It is one of the very few companies that possess both FAMI-QS and GMP+FSA certifications which bestow the quality and safety in their products. The company focuses on producing quality products along with providing innovation and value addition to meet the customers’ requirements.
When asked about the factors that When Neospark develops a product, we aim for value addition in the product to exceed the expectation
of customer. differentiate Neospark from its competitors, Mr G. Chandrasekhar, the Managing Director of Neospark Drugs and Chemicals Private Limited says, “When Neospark develops a product, we aim for value addition in the product to exceed the expectation of customer.
In the market there are many innovative formulations that are unique to Neospark. In total we have around 300 products in different Divisions with good acceptance by customers. We take utmost care to deliver the best quality in the class and differentiation aspects in each of our products”.
Neospark is catering to the poultry industry with a range of Value Added Products such as A-GeeMix Forte, Spectra-DFM GTH and MonoBlok-ECS to improve the efficiency in poultry production. The products KetoNil Gel, VibraCal Gel and BoviLax reserve an exclusive place in the livestock sector for Neospark. The company provides products such as PowerMin, BioRemid-Aqua and TekBlok for profitable and healthy aquaculture crop.
When Neospark develops a product, we aim for value addition in the product to exceed the expectation of customer
The journey so far and the road ahead
The company was established in the year 1989 by four entrepreneurs aspiring to shine in the market with product quality as the foundation. The motto of the company is to manufacture and market products which fetch identity for the company and differentiate them in the market arena. With this motto, the first product of the company came in the year 1992. It has been a journey from seven products to becoming a company with around 300 products that have spread all over India and also being exported to 18 different countries. The company operates in modern manufacturing plant facilities and follows current good manufacturing practices (cGMPs). The company strides with a business turnover of INR 200 crores and has expansion plans to reach more number of customers.
The company aims to become the leading manufacturing company in the animal health segment and aquaculture sector. The current project of the company is to improve the efficiency of the production systems in the poultry, livestock and aquaculture. The company is working on the gut health management in poultry, livestock. aquaculture for better utilization of feed and optimal production with reduction in the disease incidences for an efficient and profitable production system.
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