Introduction
This report focuses on Veterinary Services and Veterinary Research in South Africa. According to South African Veterinary Council (SAVC) June 2019 statistics, there are 6,808 veterinary and para-veterinary practitioners registered in South Africa, 17% more than the 5,032 registered in 2016. Data from Statistica, an online statistics portal, indicates the revenue from South African veterinary practices is estimated to reach R7.16bn by 2020, up from R6.68bn in 2016. Pet ownership is on the rise and with close to 10 million dogs, South Africa ranks as having the 9th highest dog ownership in the world. However, the tough macroeconomic conditions in the country are expected to affect growth in the pet care industry.
Strengths
• Department of Agriculture, Forestry & Fisheries has developed a strategy to improve veterinary services.
• The community service programme places vets in rural areas and addresses the under-servicing of certain areas.
• The veterinary pharmaceuticals market is highly competitive, professional and well-established.
Weaknesses
• The geographic mismatch between available veterinary practitioners and demand for veterinary services, which has led to a situation in which large groups of people do not have easy access to veterinary services.
• There is a need for more specialisation, especially in fish health and harvesting.
• Unfilled posts in the state veterinary services.
Opportunities
• Diverse career paths are available with many options ranging from traditional practice, to public- and private-sector positions in biomedicine, animal research, wildlife, the environment, food production and public health.
• Game ranching is the country’s sixth biggest agricultural sector with 10,000 game farms all requiring veterinarians.
• Improvements in regulatory environment with the South African Health Products Regulatory Authority offering an improved
• Sales of pet care products at veterinary practices represents an opportunity for veterinarians in private practice.
• service.
• The increase in trade of animal products means more opportunities for veterinarians and para-veterinarians.
Threats
• Food safety and security if appropriate veterinary procedures are not followed and adequate monitoring is not undertaken
• Not all para-veterinary professionals are licensed to practice.
Outlook
The outlook for the veterinary industry is challenging given the constrained economic conditions, including a volatile rand, which has led to cost pressures. The pet food industry, contrary to global trends, has been constrained with marginal value growth despite the increase in the number of pets. Veterinary manufacturers and suppliers are likely to focus on low-risk strategies in the short to medium term. Challenges in the industry pertain mostly to the provision of veterinary services, particularly in the rural areas, to maintain animal health across the country.
Full Report
R 1 900.00(ZAR) estimated $105.39 (USD)*
Industry Landscape
R 1 330.00(ZAR) estimated $ 73.77 (USD)*
Historical Reports
Veterinary Activities including Veterinary Research 2016-10-03
R 1 900.00(ZAR) estimated $105.39 (USD)*
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1. | INTRODUCTION | 1 |
2. | DESCRIPTION OF THE INDUSTRY | 1 |
2.1. | Industry Value Chain | 4 |
2.2. | Geographic Position | 5 |
3. | SIZE OF THE INDUSTRY | 6 |
4. | STATE OF THE INDUSTRY | 7 |
4.1. | Local | 7 |
4.1.1. | Corporate Actions | 11 |
4.1.2. | Regulations | 11 |
4.1.3. | Enterprise Development and Social Economic Development | 13 |
4.2. | Continental | 14 |
4.3. | International | 16 |
5. | INFLUENCING FACTORS | 18 |
5.1. | Economic Environment | 18 |
5.2. | Government Initiatives | 20 |
5.3. | Technology, Research and Development (R&D) and Innovation | 20 |
5.4. | Labour | 23 |
5.5. | Cyclicality | 25 |
5.6. | Environmental Concerns | 25 |
6. | COMPETITION | 27 |
6.1. | Barriers to Entry | 27 |
7. | SWOT ANALYSIS | 28 |
8. | OUTLOOK | 29 |
9. | INDUSTRY ASSOCIATIONS | 30 |
10. | REFERENCES | 30 |
10.1. | Publications | 30 |
10.2. | Websites | 31 |