The global market for Veterinary Active Pharmaceutical Ingredients (APIs) is experiencing significant growth driven by various API types catering to animal health. APIs such as antimicrobials (including fluoroquinolones and tetracyclines), vaccines, hormones, anti-inflammatory agents, and others play crucial roles in enhancing animal health, productivity, and disease prevention across various livestock and companion animal species. Veterinary... Continue Reading →
Decoding the Veterinary API Market: Growth Catalysts and Regional Insights
The global veterinary active pharmaceutical ingredient (API) market is experiencing robust growth, projected to expand from $8.5 billion in 2023 to $11.9 billion by 2028, with a compound annual growth rate (CAGR) of 6.9%. This thriving market is fueled by several factors, including the rising prevalence of transboundary and zoonotic diseases, an increase in the... Continue Reading →
Market Segmentation and Regional Analysis of Veterinary API Solutions
The global Veterinary API Market is estimated to grow significantly. By 2028, it is projected to reach a value of USD 11.9 billion, showing a compound annual growth rate (CAGR) of 6.9% during the forecast period, starting from USD 8.5 billion in 2023 according to a new report by MarketsandMarkets™. The expansion of the Veterinary API Market... Continue Reading →
Examining Regional Markets for Veterinary API: Opportunities and Challenges
Veterinary API Market in terms of revenue was estimated to be worth $5.2 billion in 2023 and is poised to reach $7.1 billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The market for veterinary API is expanding because of factors like rising incidence of... Continue Reading →
Growing Trend of Personalized Veterinary Medicine Fuels Veterinary API Market
The veterinary API industry is poised for significant growth in the near future. As pet ownership continues to rise and people's awareness of animal health and welfare deepens, the demand for veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) is expected to skyrocket. With advancements in technology and research, the industry is likely to witness the... Continue Reading →