Phibro Animal Health

What Phibro Animal Health does

Phibro Animal Health Corporation is a global animal health and nutrition manufacturer headquartered in Teaneck, New Jersey, originally founded in 1946 as Philipp Brothers Chemicals and listed on NASDAQ (ticker PAHC) since its 2014 IPO. The company produces and sells a diversified portfolio across six species segments — beef cattle, dairy cattle, poultry, swine, aquaculture, and companion animals — plus industrial adjacencies in ethanol processing, specialty chemicals (PhibroChem, Ferro), plant nutrition, and microbial contract manufacturing (Phibro Biotechnics). Core product categories include medicated feed additives, vaccines, nutritional specialties, mineral nutrition, direct-fed microbials, and the recently launched Verratain sustainability platform. The firm employs over 2,300 people and operates across approximately 90 countries via direct sales, veterinary channels, and regional distributors.

The technology stack is built around in-house pharmaceutical and biological manufacturing across nine facilities in the US, Brazil, Ireland, Argentina, and Israel, combined with proprietary formulation and delivery systems. Differentiated technologies include TAbic effervescent vaccine tablets, EASE-enhanced autogenous vaccines, MVP adjuvants, saponin-based gut health products (Magni-Phi for poultry, PAQ-Protex for aquaculture), the patented Animate DCAD anionic mineral program, Dynamic Quality Assurance quality systems, and the new Verratain low-carbon microalgae ingredients. Autogenous vaccines are customized to individual farm pathogen profiles, providing a configuration-driven product offering unique in the space.

The business model is B2B enterprise sales with quote-based, non-publicly-disclosed pricing and recurring purchase patterns from livestock producers, veterinarians, and integrated producers. Revenue is generated through one-time product sales rather than licensing or subscription, with multi-year customer relationships and technical-support-driven account management. The fiscal 2026 revenue guidance of $1.45–$1.50 billion reflects significant scale-up anchored by the April 2024 acquisition of Zoetis's $350 million medicated feed additive portfolio, which drove an 81% increase in MFA revenues and a 25% rise in vaccine sales. Leadership transition is underway, with Daniel Bendheim succeeding his father Jack Bendheim as CEO effective July 1, 2026, preserving family control of the publicly traded company.

Name

Phibro Animal Health

Legal name

Phibro Animal Health Corporation

Website

https://pahc.com

Company type

Public

Founded year

1946

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Phibro Animal Health is a global animal health and nutrition manufacturer serving beef, dairy, poultry, swine, aquaculture, and companion animal producers across approximately 90 countries with medicated feed additives, vaccines, and proprietary nutritional specialty products.

Ownership category

akta.pro rank

Product category

Animal Health Pharmaceuticals

NAICS

Animal Food Manufacturing (31111), Other Animal Food Manufacturing (311119), Dog and Cat Food Manufacturing (311111)

SIC

Biological Products, (No Disgnostic Substances) (2836), Agricultural Prod-Livestock & Animal Specialties (200)

akta.pro primary industry

Medicated Feed Additives & Premixes (Veterinary Pharmaceuticals) (HLAMAEAN)

akta.pro secondary industries

Livestock & Poultry Nutrition (Feed & Premixes) (HLAMAHAD), Veterinary Pharmacy, Vaccine & Biologics Services (AFAEANAK), Medicated & Functional Ruminant Feed (Ionophores, Buffers, Yeast/Probiotics, Mycotoxin Binders) (AFADAAAL)

Keywords

• Animal health pharmaceuticals
• Medicated feed additives
• Livestock nutritional specialties
• Animal vaccines
• Mineral nutrition products

Headquarters

HQ city

Teaneck

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Animal Health Products: Sales of medicated feed additives, vaccines, nutritional specialties, and mineral nutrition products to livestock producers, veterinarians, and farmers globally. Revenue generated through direct product sales with recurring purchase patterns from established customer relationships.
2. Sustainable/Sustainability Products: Sales of Verratain low-carbon microalgae products through the new Sustainable Solutions Platform targeting Scope 3 emissions reduction in animal protein supply chains.
3. Ethanol Performance Products: Sales of antimicrobials, cleaning products, process aids, yeast solutions, and enzymes to biofuel/ethanol plants for process optimization.
4. Performance Products/PhibroChem: Specialty chemicals for coatings, personal care, metal finishing, and industrial applications through PhibroChem and Ferro divisions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Phibro Animal Health Corporation develops, manufactures, and sells animal health and nutrition products for livestock producers, veterinarians, and farmers globally. Its portfolio spans medicated feed additives, vaccines (including tailor-made autogenous vaccines), nutritional specialties, direct-fed microbials, and mineral nutrition across cattle, poultry, swine, aquaculture, and companion animals. The company also supplies performance products, ethanol plant additives, and emerging low-carbon microalgae feed ingredients.

Product overview

Phibro Animal Health is a diversified animal health and nutrition company offering a comprehensive portfolio of products across multiple species segments including beef cattle, dairy cattle, swine, poultry, aquaculture, and companion animals. The product portfolio consists of: (1) Medicated Feed Additives and Water-Solubles (including brands like Aureomycin®, Bovatec®, Terramycin®, BMD®, Deccox®, Lincomix®, and anticoccidial products acquired from Zoetis MFA portfolio), (2) Vaccines (autogenous vaccines and licensed vaccines for poultry, swine, and cattle, featuring TAbic® effervescent tablet technology), (3) Nutritional Specialties (OmniGen®, Animate®, AB20®, Magni-Phi®, PAQ-Protex™), (4) Direct-Fed Microbials (MicroLife, MicroBase), (5) Mineral Nutrition (trace minerals, organic minerals like Phi-Chrome®, GemStone®, Vistore®), (6) Companion Animal products (Rejensa® joint care, Restoris™ dental gel), (7) Sustainability Solutions (Verratain™ brand), and (8) Performance/Industrial Products (PhibroChem, Ferro, Phibro Biotechnics, Ethanol products). The company also provides dairy services including dairy herd health management programs and technical support.

Differentiator

Problem solved

Functional benefit

Brands

• Verratain: Verified Sustainability Solutions - next-generation nutritional feed ingredients with net-negative life-cycle emissions designed for animal production systems across dairy, beef, poultry, swine, aquaculture and petfood production.
• OmniGen
• Animate
• Magni-Phi
• AB20
• Autogenous Vaccines
• Phibro Anticoccidial Solutions
• PAQ-Protex
• Phibro Biotechnics
• MicroLife
• MVP Adjuvants
• Verratain Spirulina
• Verratain Omega Oil
• Rejensa
• Restoris

Products and services

• Medicated Feed Additives and Water-Solubles Comprehensive portfolio of medicated feed additives and water-soluble products including antibiotics, ionophores, and anticoccidials for beef cattle, dairy cattle, poultry, and swine. Targets livestock producers and veterinarians.
• Beef Cattle Health and Nutrition Products Products for beef cattle including medicated feed additives, vaccines, nutritional specialties, and mineral nutrition to support herd health, disease prevention, growth promotion, and feed efficiency in feedlot and cow-calf operations.
• Swine Health and Nutrition Products Medicated feed additives, vaccines (including MJPRRS for PRRS virus protection), and nutritional products for swine health targeting respiratory and enteric disease control, PRRS management, and feed efficiency.
• Poultry Health and Nutrition Products Over 25 poultry vaccines and feed solutions including anticoccidials, nutritional specialties, and TAbic patented vaccine delivery technology in effervescent tablets, addressing coccidiosis, necrotic enteritis, respiratory diseases, and immune modulation.
• Dairy Cattle Health and Nutrition Products Feed ingredients, nutritional products, vaccines, and medicines for dairy cattle including nutritional specialties OmniGen, Animate, AB20, and Cellerate Yeast Solutions, addressing transition cow management, milk fever, mastitis, and milk quality.
• Aquaculture Health and Nutrition Products Aquaculture products and expertise including medicated feed additives, nutritional feed additives, hatchery products, water conditioners, and vaccines for fish and shrimp farmers requiring health management solutions for sustainable aquaculture.
• Rejensa Joint Care Chews Supplemental joint care chews for dogs containing Gluco Blu (N-Butyryl Glucosamine), distributed through veterinary professionals for canine joint health.
• Restoris Piezoelectric Dental Gel Canine dental care product using piezoelectric technology to promote alveolar bone growth and help prevent tooth loss, applied directly into periodontal pockets using a prefilled syringe.
• PAQ-Protex Natural nutritional specialty product containing Quillaja and Yucca saponins for supporting gut health in shrimp and fish, improving immune response and feed efficiency in aquaculture.
• Mineral Nutrition Products Premium quality minerals including trace elements, macro minerals, organic trace minerals (Phi-Chrome, GemStone, Vistore), selenium yeasts, premixes, vitamins, and amino acids for livestock nutrition.
• Plant Nutrition Products Plant nutrition solutions including trace elements, custom trace mineral premixes, flow agents, and GemStone organic trace minerals for crop nutrition.
• Ethanol Performance Products Products for ethanol and biofuel plant operations including antimicrobials, cleaning products, process aids, yeast solutions, and enzymes for process optimization and contamination control.
• Performance Products (PhibroChem and Ferro) Specialty chemicals from PhibroChem and Ferro Metal & Chemical for coatings, personal care, metal finishing, and industrial applications.
• Phibro Biotechnics Microbial contract manufacturing services including custom fermentation, downstream processing, and formulation development for microorganisms, plus microbial home and industrial solutions (Munox, Bacilox) and plant solutions (Abundance, MicroAlly).
• OmniGen Nutritional Specialties Nutritional specialty products for dairy cattle immune support, helping defend against hemorrhagic bowel syndrome, alleviate heat stress, ward off mastitis, and minimize days open, delivering approximately 2.5:1 return on investment.
• Animate Nutritional Specialty Product Proprietary anionic mineral nutritional specialty product for dairy cattle that optimizes calcium metabolism in peripartum transition cows and helps reduce the incidence of hypocalcemia (milk fever) using a patented manufacturing process.
• Autogenous Vaccines Tailor-made autogenous vaccines customized with antigens specific to each farm for poultry, swine, and bovine, protecting against bacterial and viral diseases. Features EASE technology for enhanced antigen surface expression.
• AB20 Nutritional Specialty Nutritional specialty bentonite adsorbent containing hydrated sodium and calcium aluminosilicates that reduces moisture in feed, helping manage feed hygiene and reduce mold contamination for dairy and other livestock.
• Magni-Phi Nutritional Specialty Nutritional specialty product containing Quillaja and Yucca saponins for improved gut health in poultry, supporting immune response and demonstrating a 5-point improvement in feed conversion rate.
• Direct-Fed Microbials All-natural feed ingredients featuring beneficial microbial strains (Bacillus licheniformis, Bacillus subtilis, Bacillus amyloliquefaciens, Bacillus coagulans) for gut health management, including MicroLife and MicroBase product lines.
• Anticoccidial Solutions Comprehensive anticoccidial portfolio including Nicarb, Coxistac, Aviax, Aviax Plus, Avensin, and Nicarmix for consistent coccidiosis control in poultry operations.
• Verratain Verified Sustainability Solutions Next-generation nutritional feed ingredients with net-negative life-cycle emissions designed for animal production systems across dairy, beef, poultry, swine, aquaculture, and petfood production, targeting Scope 3 emissions reduction.
• Dairy Cattle Services Dairy herd health management programs and technical support services complementing dairy cattle nutritional and medicinal products.

Quantifiable outcome

• 2.5:1 return on investment for OmniGen nutritional specialty products in dairy cattle
• +5 more outcomes

Named customers4 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Three partnerships are on record, tiered core and minor.

• VAXA TechnologiescoreStrategic or Co-development Partner · 6 May 2026Strategic partnership to develop and launch Verratain brand of low-carbon microalgae feed ingredients (Verratain Spirulina and Verratain Omega Oil). Products are cultivated through renewable geothermal energy in controlled indoor conditions. Initial sales expected within months of May 2026 launch.
• Rock River LaboratoryminorStrategic or Co-development PartnerPartnership with Rock River Laboratory for advanced diagnostic systems supporting dairy producers with customized testing packages for feed analysis and herd health diagnostics.
• World Veterinary Poultry Association (WVPA)minorStrategic or Co-development PartnerGold sponsor of WVPA 22nd Congress in Verona, Italy showcasing poultry health and nutrition solutions and pHi-Tech vaccination system.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Zoetis: Zoetis is the global leader in animal health pharmaceuticals, vaccines, and diagnostics. Phibro acquired Zoetis's $350M medicated feed additive portfolio in April 2024, making Zoetis a direct competitor in remaining MFA categories and the broader animal pharma/vaccine space.
• Elanco Animal Health: Elanco develops and markets animal health products including vaccines, parasiticides, and medicated feed additives across livestock and companion animals. Direct overlap with Phibro in MFA, vaccines, and nutritional specialties for cattle, swine, and poultry.
• Merck Animal Health (MSD Animal Health): MSD Animal Health is a major global animal health company offering vaccines, anti-infectives, parasiticides, and livestock productivity solutions. Directly competes with Phibro across species segments including poultry, swine, and aquaculture.
• Boehringer Ingelheim Animal Health: Boehringer Ingelheim's animal health business is a global leader in vaccines and therapeutics for livestock and companion animals. Overlaps with Phibro in swine and poultry vaccines as well as autogenous vaccine customization.
• Virbac: Virbac is a global animal health company specializing in pharmaceuticals, vaccines, and diagnostics for companion and food-producing animals. Overlaps with Phibro in MFA and livestock health products across multiple geographies.
• Vetoquinol: Vetoquinol is a French animal health company with a portfolio of pharmaceuticals, vaccines, and nutritional products for livestock and companion animals. Comparable to Phibro in species coverage and B2B veterinary distribution model.
• Alltech: Alltech is a global animal nutrition and feed additive company producing specialty ingredients including yeast, organic trace minerals, and gut health products. Directly comparable to Phibro's nutritional specialties portfolio (OmniGen, Magni-Phi, MicroLife).
• Novus International: Novus International produces animal nutrition and health solutions including methionine, trace minerals, and feed additives for poultry, swine, and cattle. Overlaps with Phibro's mineral nutrition and feed additive products.
• Kemin Industries: Kemin Industries manufactures specialty ingredients for animal nutrition, health, and feed safety including antioxidants, antimicrobials, and gut health solutions. Comparable to Phibro's feed additives, nutritional specialties, and aqua nutrition products.

Broad incumbents

• ADM Animal Nutrition: ADM Animal Nutrition is a division of Archer Daniels Midland offering complete feed, premixes, and nutritional specialties for livestock, poultry, and aquaculture. Broader feed manufacturer with overlapping nutritional specialty and mineral nutrition products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC1inkwwdTJfWISQfQpcBaLA
• Facebookfacebook.com/PhibroAnimalHealth
• LinkedInlinkedin.com/company/phibro-animal-health
• Xx.com/phibroeurope

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Phibro Animal Health