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Veterinary API Market to Reach USD 12.29 Billion by 2031, Driven by Livestock Health Demand
Veterinary API Market
The Veterinary API Market features a competitive mix of global and regional players focused on animal health innovation and scalable API production. Leading companies like SUANFARMA, Alivira Animal Health Limited, and Zoetis dominate with diversified portfolios and strong international presence. Manufacturers such as Excel Industries, Sidhiv Pharma, and Chempro Pharma Pvt. Ltd. are expanding through cost-efficient production and export strategies as per our analysis.
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Key Mergers, Acquisitions, and Partnerships Shaping the Veterinary API Sector
1. SUANFARMA-Reyoung Strategic API Collaboration: In May 2025, SUANFARMA forged a joint development agreement with Reyoung Pharmaceutical to expand its anti-infective and antibacterial API portfolio using cutting-edge flow chemistry technology, enhancing global manufacturability and regulatory compliance.
2. SUANFARMA Acquisition of Italian API Facility: In July 2025, SUANFARMA finalized the acquisition of Sandoz Industrial Products' API manufacturing site in Rovereto, Italy, increasing European production capacity and supporting its global distribution for both human and veterinary APIs.
3. SeQuent-Tineta Pharma Acquisition Prepping Market Expansion: In June 2025, India's SeQuent Scientific completed the acquisition of Tineta Pharma to bolster its veterinary API pipeline, particularly in cattle medications and antiparasitic agents, reinforcing its presence in South Asia.
These strategic moves reflect a broader trend of capacity expansion, geographic diversification, and advanced process innovation, positioning companies to meet rising demand in animal health markets worldwide.
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Key Growth Drivers and Emerging Opportunities in the Veterinary API Market
• Growing demand for animal protein and livestock health solutions is boosting veterinary API consumption.
• Rising pet ownership is driving the need for APIs in companion animal therapeutics.
• Expansion of veterinary care in emerging markets is opening new commercial opportunities.
• Innovations in long-acting formulations and combination therapies are increasing API demand.
• Strategic collaborations and contract manufacturing are helping companies scale efficiently and meet regulatory standards.
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Regional Market Dynamics in the Veterinary API Market
• North America leads the market due to advanced animal healthcare infrastructure, high veterinary drug usage, and strong regulatory frameworks.
• Europe shows steady growth with increased investment in sustainable livestock farming and stringent quality standards for veterinary APIs.
• Asia-Pacific is the fastest-growing region, driven by rising meat consumption, expanding poultry and aquaculture industries, and low-cost API manufacturing hubs.
• Latin America is emerging as a key exporter of veterinary ingredients, supported by livestock-centric economies like Brazil and Argentina.
• Middle East & Africa are witnessing gradual growth with rising awareness of animal health and growing imports of veterinary drugs and APIs.
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