Indian animal health market has tremendous opportunity. Indian Animal Health market is estimated at Rs. 52,700 million in 2019 is set to reach Rs. 70000 million by 2021 with CAGR of >13 percent over the forecast period. AH market is largely driven by Ruminants ie 55 percent, followed by poultry segment 33 percent, and the rest by companion animals and aqua segments.
Feed supplements contribute 35-40 percent and therapeutics almost 40 percent followed by biologicals 20 precent, however biological segment is growing phenomenally. The main driving factors for the growth of the feed supplement segment are the rising demand for dairy products, a growing preference for animal-based foods, and rising feed consumption throughout the world. New scientific approach and innovations in the product is required to cope up with this.
This is where Groexl Vet Pvt Ltd comes in.
According to Dr. Manjunatha BP, MD, Groexl Vet, “Our dream is to deliver something new to the industry. We need to get a hold of science in making products and evaluate the products to convince ourselves before selling a product to the customers”. Dr. Manjunatha also adds, “While developing the products, we keep in mind the safety of animals and the consumer at large. We focus on bringing an innovative aspect to all our products”.
Striving for excellence with scientific innovations
The quality of feed supplement has a significant impact on the productivity of livestock firms. This is because the quality of the feed impacts the growth and health of the animal as well as the profitability of the farmers. Groexl Vet takes great care and responsibility in developing and delivering products with innovation for animal welfare and productivity. The company specializes in the re-search, development, and manufacture of animal health products.
With more than 26 years of experience the MD of the company Manjunatha has a deep understanding of the animal health segment. This gives the company knowledge about the requirements of the market. This further helps to manufacture a product that is not only scientifically upgraded but also in terms with the present and future demand, thus satisfying the critical needs of the customer. The company gives topmost priority to the customers’ feedback because they believe that this not only helps them serve the clients in a better way but also the feedback helps the company to improve from many dimensions.
The company is excited about its future in the animal health industry. It is optimistic about the international tie ups for unique concepts and aspires to keep making customers’ experience better. The company is dedicated to work in the new dimensions like nanotechnology-based-products, optimizing kinetics of feed acidifiers, new approach to mineral nutrition, new way forward in treating infections.
As animal health segment, products are getting rationalised. Innovations and tangibility is order of the day. Groexl wants to help the Indian farmers by catering their service to the remotest part of India and improve the quality of life of farmers with more profitability. As stated by Dr. Manjunatha, it is quite a satisfying and enthralling experience to have the start-up company.
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