Global Veterinary Active Pharmaceutical Ingredients Manufacturing Market Growth (Status and Outlook) 2025-2031
The global Veterinary Active Pharmaceutical Ingredients Manufacturing market size is predicted to grow from US$ 7460 million in 2025 to US$ 11260 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.
Veterinary active pharmaceutical ingredients manufacturing are made by more than one reaction from raw materials. It generally becomes an active pharmaceutical ingredients through the chemical compounds. The active pharmaceutical ingredients manufacturing utilize specific standards for determining how strong it is in every drug.
Pet medical care is the second largest segment in pet industry. In the UK, annual spending on veterinary and other pet services has risen from £2.6bn in 2015 to £4bn in 2021, a 54% increase in just six years.
- According to Vetnosis, the value of the global animal health industry will increase by 12% to $38.3 billion in 2021.
- White Paper on China's Pet Healthy Consumption of JD shows that in 2023, there are 13.09 million pets entering middle age and old age.
- From the perspective of hospital operation time, pet hospitals within 5 years accounted for about 73%.
- Almost 40% of the hospitals have increased their annual turnover year-on-year, and the growth rate is mainly within 125%.
Segmentation by Type:
- Antiparasitic
- Anti-infectives
- NSAIDs
- Others
Segmentation by Application:
- Companion Animals
- Production/Food Animals
Market by Region:
- Americas
- APAC
- Europe
- Middle East & Africa
Company’s Coverage:
- Alivira Animal Health Ltd.
- Chempro Pharma Private Ltd.
- Excel Industries Ltd.
- FIS - Fabbrica Italiana Sintetici S.p.A.
- HIKAL Ltd.
- HuBei Masteam Bio-tech
- Hunan Huateng Pharmaceutical
- Jiangsu Rivocean
- Ofichem Group
- Qilu Pharma Spain, S.A.
- Menadiona
- Nissan Chemical
- SUANFARMA
- Siflon Drugs
- Shaanxi Dideu Group
- Taizhou Crene Biotechnology
- Zhejiang Gihi Chemicals
- Vetpharma (Insud Pharma, S.L.U)
Key Questions Addressed in this Report:
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market