Veterinary Active Pharmaceutical Ingredients (API) Market

Veterinary Active Pharmaceutical Ingredients (API) Market Size, Share, Growth Analysis, By Therapeutic Category(Anti-infectives, Anti-Parasitic), By Synthesis Type(Chemical Based API, Biological API), By Contract Outsourcing Type(CDMO, CM), By Drug Type(Prescription, OTC) - Industry Forecast 2024-2031


Report ID: UCMIG35B2148 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Veterinary Active Pharmaceutical Ingredients (API) Market Insights

Market Overview:

The Veterinary Active Pharmaceutical Ingredients (API) Market witnessed a significant valuation of more than USD 38.8 billion in 2022, and it is projected to experience a robust compound annual growth rate (CAGR) of over 6% from 2023 to 2032. This growth trajectory highlights the increasing demand for veterinary APIs and signifies the potential for sustained expansion in the coming years. Factors such as rising pet ownership, advancements in veterinary healthcare, and the growing prevalence of animal diseases contribute to the positive outlook for the veterinary API market.

Veterinary Active Pharmaceutical Ingredients (API) Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Veterinary Active Pharmaceutical Ingredients (API) was estimated to be valued at US$ XX Mn in 2021.

The Veterinary Active Pharmaceutical Ingredients (API) Market is estimated to grow at a CAGR of XX% by 2028.

The Veterinary Active Pharmaceutical Ingredients (API) Market is segmented on the basis of Therapeutic Category, Synthesis Type, Contract Outsourcing Type, Drug Type.

Based on region, the Veterinary Active Pharmaceutical Ingredients (API) Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Veterinary Active Pharmaceutical Ingredients (API) Market are , Alivira Animal Health Ltd , SUANFARMA , Procyon Life Sciences , Jiangsu Lingyun Pharmaceutical Co., Ltd , Ofichem Group , NGL Fine-Chem Ltd , Huvepharma , Excel Veterinary Healthcare , Menadiona , Indukern Group , Vetpharma (Insud Pharma) , Qilu Pharmaceutical (Inner Mongolia) Co. Ltd. , Lasa Supergenerics Ltd..

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Veterinary Active Pharmaceutical Ingredients (API) Market

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