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Animal Health Companies to Watch Out for-From South America
As we observe the trends in Animal healthcare market globally, we find that South America is one of the regions which has a lot to offer and is an untapped market compared to the likes of North America and Europe.This article examines the regional animal health care companies in South America which are on the rise and are also potential acquisition targets for animal healthcare market players who want to enter this goldmine, which is South America.
This company was started as result of Syntex leaving the Brazilian market which created a void in anti-venom serum supplies. This company manufactures vaccines, medicines and provides diagnostic services for both pet and farm animals. The company has a strong presence in the whole of the South American region with operations almost everywhere in South America. They also have operations in some parts of Asia, Middle East and Africa. They are financially strong.
They have started to expand their presence to regions such as Russia and USA. They will look out for companies to collaborate so as to have a smooth entry as well as ready access to the markets. So this is an opportunity for the organizations in the markets of USA and Russia to collaborate with Vencofarma which can help them in their entry into the untapped treasure of the animal health market in South America. This surely is a company to watch out for.
Next on the list is the Argentinian market player Vetanco. Founded in 1987, Vetanco is headquartered in Buenos Aires operating in more than 40 nations around the world. This company mainly manufacturers' antibiotics, anticoccidials, parasiticides, probiotics and feed additives for animals. It has a strong presence in the whole of South America and in the developing nations of Asia and Africa. What they are doing it right is that they are constantly innovating and producing great products for the treatment of animal diseases. They have recently launched a new ambifluid benzuron bovine vaccine which stops the growth of the flies in cattle farms.
Their activity in the market is considerably good. They have recently started operations in Mexico thereby expanding their Latin American market. They have also successfully registered their products in Turkey, Russia and Azerbaijan. This can help them extend their market presence in these regions and neighboring countries gradually. Their products are being sold in Indonesia, Zambia, Slovenia, Egypt and other countries around the globe. At this rate, Vetanco has all what it takes to become a major market player globally in the future.
They are looking at opportunities to collaborate with other organizations to extend their global spread. This can be a chance for other players to collaborate and can act as an entry into the South American market. In conclusion it can be said that there are ample opportunities for market players planning to enter the animal health market in South American market and there are a lot of upcoming companies to collaborate or acquire them, thereby providing you a smooth transition while entering the market.
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