Top Trends Transforming the Veterinary Active Pharmaceutical Ingredients Manufacturing Market Landscape in 2025: Product Innovation Drives Growth In Veterinary API Manufacturing Market

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What Will the Veterinary Active Pharmaceutical Ingredients Manufacturing Industry Market Size Be by 2025?
In the past few years, the market size for manufacturing veterinary active pharmaceutical ingredients has witnessed a robust growth. It is forecasted to expand from $7.46 billion in 2024 to reach $8.03 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.7 %. The past growth is traceable to factors such as rise in pet ownership, strict regulatory norms, heightened interest in animal nutrition, investments in research and development, as well as the overall growth in the global economy.

What's the Long-Term Growth Forecast for the Veterinary Active Pharmaceutical Ingredients Manufacturing Market Size Through 2029?
Expectations are high for a robust expansion in the size of the veterinary active pharmaceutical ingredients manufacturing market in the upcoming years. The projected growth is to reach $11.12 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.5%. This anticipated escalation during the forecast period can be associated with progress in personalized veterinary medicine, worldwide market exposure and extension, emphasis on regulatory adherence, the increasing significance of animal well-being, enhancements in drug delivery systems, and a surge in nutraceuticals demand. Noteworthy trends during the forecast phase encompass advances in manufacturing procedures, a growing tendency to outsource API manufacturing, a transition towards biotechnology-derived APIs, introduction of digitalization and automation in manufacturing, and global exposure of the veterinary API market.

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What Are the Key Growth Drivers Fueling the Veterinary Active Pharmaceutical Ingredients Manufacturing Market Expansion?
The rise in the number of individuals adopting or owning pets is projected to spur the expansion of the market for manufacturing veterinary active pharmaceutical ingredients. These pet proprietors provide critical health services to their pets, thus amplifying the demand for veterinary medications. For example, Animal Medicines Australia, a non-government organization based in Australia, noted a substantial growth in pet ownership in 2022. The number of pet owners in Australia arrived at 28,730.8 in 2022, from 39% in 2021, indicating a 24% ascent, which points out a robust escalating trend in pet adoption and expenses on their healthcare. The increase in pet ownership underlines the escalating trend of owning pets in Australian homes. Consequently, the escalating number of pet owners propels the market for manufacturing veterinary active pharmaceutical ingredients.

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What Are the Key Trends Driving Veterinary Active Pharmaceutical Ingredients Manufacturing Market Growth?
A significant trend emerging in the veterinary active pharmaceutical ingredient manufacturing market is product innovation. To maintain their standing in the market, key players are focusing on the development of innovative products. For example, in January 2022, Zoetis Inc., a US-based company specializing in drugs for pets and livestock, received approval from the US FDA for Solensia (frunevetmab injection), a treatment for managing osteoarthritis pain in cats. Solensia is currently the only injectable monoclonal antibody therapy for feline osteoarthritis pain approved in the US, which functions by targeting and neutralizing nerve growth factor (NGF), a major contributor to pain in osteoarthritis.

How Is the Veterinary Active Pharmaceutical Ingredients Manufacturing Market Segmented?
The veterinary active pharmaceutical ingredients manufacturing market covered in this report is segmented -

1) By Product: Antiparasitic, Anti-Infectives, Vaccines, NSAIDs
2) By Service Type: In House, Contract Outsourcing
3) By Synthesis Type: Chemical Based API, Biological API, Highly Potent API

Subsegments:
1) By Antiparasitic: Endectocides, Anthelmintics, Antiprotozoals
2) By Anti-Infectives: Antibiotics, Antifungals, Antivirals
3) By Vaccines: Inactivated Vaccines, Live Attenuated Vaccines, Recombinant Vaccines
4) By NSAIDs (Non-Steroidal Anti-Inflammatory Drugs): Non-Selective NSAIDs, COX-2 Inhibitors

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Which Companies Are Leading the Charge in Veterinary Active Pharmaceutical Ingredients Manufacturing Market Innovation?
Major companies operating in the veterinary active pharmaceutical ingredients manufacturing market are Alivira Animal Health Limited, Excel Industries Limited, Ofichem Group B.V., Jiangsu Lingyun Pharmaceutical Co. Ltd., SUANFARMA S.A., NGL Fine-Chem Limited, FIS - Fabbrica Italiana Sintetici S.p.A., Lupin Limited, Aurobindo Pharma Limited, Saneca Pharmaceuticals AS, Neuland Laboratories Limited, Divi's Laboratories Limited, Zoetis Inc., Grupo Indukern S.L., Sequent Scientific Limited, Chempro Pharma Private Limited, AMGIS Lifescience Ltd., Huvepharma AD, Vetpharma Animal Health S.L., Qilu Pharma Spain S.A., INDUKERN Chemie AG, Chemopharma S.A., Norbrook Laboratories Limited, Ceva Santé Animale S.A., Vetoquinol S.A., Virbac S.A.

Which Regions Are Leading the Global Veterinary Active Pharmaceutical Ingredients Manufacturing Market in Revenue?
North America was the largest region in the veterinary active pharmaceutical ingredients manufacturing market in 2024. The regions covered in the veterinary active pharmaceutical ingredients manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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