Exploring the Growth Drivers of the Veterinary API Market
MarketsandMarkets expect the Global Veterinary API Market is projected to reach USD 11.9 billion by 2028 from USD 8.5 billion in 2023, at a CAGR of 6.9% the forecast period. Factors like Increasing emphasis on disease prevention and control, growing animal population and pet ownership, rising demand for veterinary medicines, and growing awareness of animal welfare are expected to drive the development...
The Veterinary API Market: A Comprehensive Analysis by API Type
The global market for Veterinary Active Pharmaceutical Ingredients (APIs) is experiencing significant growth driven by various API types catering to animal health. APIs such as antimicrobials (including fluoroquinolones and tetracyclines), vaccines, hormones, anti-inflammatory agents, and others play crucial roles in enhancing animal health, productivity, and disease prevention across various livestock...
The Booming Veterinary API Market: Growth Drivers and Key Insights
The global veterinary active pharmaceutical ingredient (API) market is experiencing robust growth, projected to expand from $8.5 billion in 2023 to $11.9 billion by 2028, with a compound annual growth rate (CAGR) of 6.9%. This thriving market is fueled by several factors, including the rising prevalence of transboundary and zoonotic diseases, an increase in the global animal population and pet ownership,...
Veterinary API Market: Trends, Analysis, and Future Outlook
The global Veterinary API Market is estimated to grow significantly. By 2028, it is projected to reach a value of USD 11.9 billion, showing a compound annual growth rate (CAGR) of 6.9% during the forecast period, starting from USD 8.5 billion in 2023 according to a new report by MarketsandMarkets™. The expansion of the Veterinary API Market is driven by various factors, including rising incidence...
Global Veterinary API Market Analysis: Trends, Opportunities, and Future Outlook
Veterinary API Market in terms of revenue was estimated to be worth $5.2 billion in 2023 and is poised to reach $7.1 billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The market for veterinary API is expanding because of factors like rising incidence of transboundary & zoonotic diseases, increasing animal population and pet ownership,...
Global Veterinary API Market Analysis and Forecast: Trends, Growth Drivers, and Competitive Landscape
In today’s rapidly evolving world, where technology is penetrating every aspect of our lives, the veterinary industry is also witnessing a transformation. One significant player in this transformation is the Veterinary API market. In this article, we will delve into the ins and outs of this market, exploring its key features, trends, and the opportunities it presents.
The report “Veterinary...
Rapid Growth Expected in Veterinary API Market as Demand for Animal Healthcare Surges
The veterinary API industry is poised for significant growth in the near future. As pet ownership continues to rise and people’s awareness of animal health and welfare deepens, the demand for veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) is expected to skyrocket. With advancements in technology and research, the industry is likely to witness the development of innovative...