Press release
Veterinary Excipients Market Growth in Future Scope 2025-2032 | BASF SE, Croda Health Care, JRS Pharma
Veterinary Excipients Market
Market Size and Overview-
The Global Veterinary Excipients Market size is estimated to be valued at USD 300.7 Mn in 2025 and is expected to reach USD 498.9 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.5% from 2025 to 2032. This Veterinary Excipients Market size projection underpins our market forecast through 2032.
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Key Takeaways:
Region:
• North America - Sophisticated regulatory approvals have driven advanced excipient adoption.
• Latin America - Expanding livestock production is fueling demand for cost-effective formulations.
• Europe - Growth of companion animal therapeutics supports demand for premium polymers.
• Asia Pacific - Rising pet ownership and veterinary infrastructure investments accelerate market growth.
• Middle East - Increasing imports of specialized veterinary drugs spur excipient consumption.
• Africa - Emerging vaccine programs for livestock amplify demand for stabilizing agents.
Market Segment:
• Type:
- Polymers: Polyethylene glycol used in oral powders for companion animal dosing.
- Lipids: Phospholipids applied in parenteral nutrition formulations for livestock injections.
- Surfactants: Polysorbates enhancing solubility of vaccine antigens for poultry.
• Application:
- Oral: Powder and tablet excipient use for deworming products in cattle.
- Injectable: Novel suspending agents for canine antibiotics with extended release.
- Topical: Emollients and thickeners used in equine dermatology formulations.
• End-Use:
- Companion Animals: Advanced excipients in pet cardiology and oncology injections.
- Livestock: Cost-optimized fillers in large-scale poultry and swine vaccines.
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Growth Factors
• Rising companion animal ownership grew 5.8% globally in 2024, boosting excipient demand in canine and feline therapeutics.
• Enhanced regulatory frameworks introduced by EMA in 2025 accelerated adoption of high-performance excipients in Europe, accounting for a 12% year-over-year increase in specialty polymer approvals.
• Expansion of animal-vaccine pipelines-over 180 new candidates in 2024-has driven a 0.9% uptick in global Veterinary Excipients Market growth compared to 2023.
Market Trends
• Shift toward natural excipients: Demand for plant-derived lipids rose 15% in 2025, driven by sustainability mandates.
• Nanoparticle-based delivery systems: Use of nano-sized excipients for targeted drug delivery climbed 10% in 2024.
• Co-processed excipients: Integrated polymer-surfactant blends penetration reached 18% of total Veterinary Excipients Market trends in Europe by Q1 2025.
• Regional customization: Asia Pacific formulations tailored to tropical climates now represent 22% of regional industry trends.
Actionable Insights
• Production Capacity: Leading plants increased capacity by 20% in 2024 to meet a 10% rise in global Veterinary Excipients Market revenue.
• Pricing: Average excipient pricing per kilogram surged 6.5% in North America in 2025, influencing global pricing dynamics.
• Exports: Europe's veterinary excipient exports rose 8.2% in 2024, driving cross-border market opportunities.
• Imports: Asia Pacific imported 12% more surfactants in 2024 for emerging companion animal vaccine projects.
• Use Cases: Injectable adjuvant excipients used in swine flu vaccines saw 25% volume growth in Q2 2025.
• Micro-indicators: Over 1,200 new veterinary formulation registrations recorded globally in 2024.
• Nano-size Indicators: Average molecular weight of polymer excipients for injectables declined by 5% to optimize bioavailability.
Key Players
• BASF SE
• Croda Health Care
• JRS Pharma
• Lipoid GmbH
• Azelis
• U.K. Vet Chem
• Gattefossé
• Synergy API
• Anzchem
• Vantage
• Evonik Industries
• Merck KGaA
• Dow
• DuPont
• Roquette
Competitive Strategies:
• Croda Health Care's 2024 acquisition of BioplexTM excipient portfolio expanded its Veterinary Excipients Market report offerings, boosting market revenue by 8%.
• BASF SE's capacity expansion in Ludwigshafen in 2025 increased production by 20%, enhancing its market share in Europe.
• JRS Pharma's launch of a plant-derived stabilizer in Q3 2024 captured a 5% growth in the Asia Pacific veterinary steroids segment.
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FAQs
1. Who are the dominant players in the Veterinary Excipients Market?
- BASF SE, Croda Health Care, JRS Pharma and Lipoid GmbH lead in excipient innovation and geographic reach.
2. What will be the size of the Veterinary Excipients Market in the coming years?
- The market is projected to reach USD 498.9 Mn by 2032 at a CAGR of 7.5%.
3. Which end-use industry has the largest growth opportunity?
- Companion animal therapeutics, driven by rising pet ownership and specialized treatment pipelines.
4. How will market development trends evolve over the next five years?
- Trends will include natural excipients, nanoparticle delivery systems, and co-processed blends gaining share.
5. What is the nature of the competitive landscape and challenges in the Veterinary Excipients Market?
- Fragmented landscape with high R&D costs, regulatory harmonization and need for sustainable excipients.
6. What go-to-market strategies are commonly adopted in the Veterinary Excipients Market?
- Partnerships for co-development, capacity expansions, targeted regional product portfolios, and natural‐excipient acquisitions.
About Us:
With a proven excellence in market research, Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
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