Animal Drug Compounding Market Size Forecasted To Achieve $2.38 Billion By 2029 With Steady Growth

The Animal Drug Compounding Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Animal Drug Compounding Market Size and Projected Growth Rate?
Over the past few years, the size of the animal drug compounding market has seen significant growth. A rise from $1.67 billion in 2024 to $1.79 billion in 2025, presenting a compound annual growth rate (CAGR) of 7.2%, is expected. Factors such as the regulatory environment, veterinary procedures, awareness in the market, limited commercial choices, and veterinary cooperation have contributed to this growth in the historic period.

In the coming years, the animal drug compounding market is projected to experience significant growth, reaching a size of $2.38 billion by 2029 at a compound annual growth rate (CAGR) of 7.4%. This predicted growth during the forecasted period can be linked to several factors, including regulatory changes, trends in pet ownership, specializations in veterinary care, the globalization of veterinary services, and advancements in the field of veterinary medicine. The forecast period will also see several key trends, such as a heightened focus on flavoring and palatability, an increased demand for specialized dosage forms, collaborations between veterinarians and compounding pharmacists, a greater emphasis on pain management solutions, and an expanding role in veterinary hospice care.

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What Are the Major Segments in the Animal Drug Compounding Market?
The animal drug compounding market covered in this report is segmented -

1) By Animal Type: Companion Animals, Livestock Animals
2) By Product: Anti-Infective Agents, Anti-inflammatory Agents, Hormones And Substitutes, CNS Agents, Other Products
3) By Route Of Administration: Oral, Injectable, Topical, Other Routes Of Administration
4) By Application: Veterinary Hospitals, Veterinary Clinics, Veterinary Diagnostic Centers

Subsegments:
1) By Companion Animals: Dogs, Cats, Horses, Other Small Mammals
2) By Livestock Animals: Cattle, Swine, Poultry, Sheep, Goats

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What Are The Driving Animal Drug Compounding Market Evolution?
The animal drug compounding market is set to grow due to an anticipated increase in animal adoptions. This process, which involves obtaining animals from rescue groups rather than buying from pet stores or breeders, often leads to the adoption of animals with existing health issues. These animals may need medicines that aren't readily available, leading to a demand for specially prepared animal drugs. As the number of pet owners looking for these custom-made medications for their adopted pets increases, so does the requirement for animal drug compounding. For instance, Novuna, a financial service company based in the UK, reported in October 2023 that about 10,070 dogs were adopted, a surge of 11.06% compared to 2022. Thus, the escalating rate of animal adoption is fuelling the growth of the animal drug compounding market.

Which Firms Dominate The Animal Drug Compounding Market Segments?
Major companies operating in the animal drug compounding market include Wedgewood Pharmacy LLC, Triangle Compounding Pharmacy Inc., Davis Islands Pharmacy & Compounding Lab, Custom Med Compounding Pharmacy, Central Compounding Center South LLC, Wellness Compounding Pharmacy of Cary LLC, Miller's Pharmacy, Caringbah Compounding Pharmacy Pty. Ltd., Smith Drug and Compounding Inc., Specialist Compounding Pharmacy Pte Ltd., Tache Pharmacy & Medical Supplies, Hoye's Pharmacy, Vertisis Custom Pharmacy LLC, Smith-Caldwell Drug Store Inc., Sixth Avenue Medical Pharmacy, Pharmaca Integrative Pharmacy Inc., Akina Animal Health, Letco Medical LLC, The Pet Apothecary LLC, Vetsource Inc., Roadrunner Pharmacy, Medisca Inc., BCP Veterinary Pharmacy, VetRxDirect LLC, Diamondback Drugs, Vetcentric Pty. Ltd., Pet Health Pharmacy, PetMed Express Inc., PetRx2Go, South Wellness Pharmacy

What Trends Are Expected to Dominate the Animal Drug Compounding Market in the Next 5 Years?
Prominent entities in the animal drug compounding sector are making strides through the development of unique products, such as formulations that are specifically designed to address feline health needs. These formulations, designed with the safety, effectiveness, and appeal for cats in mind are referred to as feline-friendly. A proof of this innovative trend was seen in September 2024 when Wedgewood, a veterinary pharmaceutical firm from the United States, rolled out its compounded molnupiravir product. Specifically formulated to combat Feline Infectious Peritonitis (FIP) in cats, this new antiviral drug, which offers feline-friendly formulations of molnupiravir, is varied in dosages and tailored to handle different versions of FIP including effusive, non-effusive, neurological, and ocular types. The manufacturing processes even go a step further to include various strengths and flavors, from flavored oral oil suspensions to capsules that correspond to the unique medical demands of individual feline patients.

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Which Is The Largest Region In The Animal Drug Compounding Market?
North America was the largest region in the animal drug compounding market in 2024. The regions covered in the animal drug compounding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Animal Drug Compounding Market?
2. What is the CAGR expected in the Animal Drug Compounding Market?
3. What Are the Key Innovations Transforming the Animal Drug Compounding Industry?
4. Which Region Is Leading the Animal Drug Compounding Market?

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