Antisera Market Overview in India
In value terms, antisera production totaled $ in estimated in export prices. Over the period under review, production saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by % year-to-year. As a result, production reached the peak level of $. from 2019 to , production growth remained at a somewhat lower figure.
The size of the antisera market in India was estimated at $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a buoyant expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2014 indices. The pace of growth appeared the most rapid in 2008 with an increase of % against the previous year. Antisera consumption peaked in and is likely to see gradual growth in the near future.