Canada Animal Drug Compounding Market Size & Outlook

The animal drug compounding market in Canada is expected to reach a projected revenue of US$ 173.6 million by 2030. A compound annual growth rate of 8.6% is expected of Canada animal drug compounding market from 2023 to 2030.
Revenue, 2022 (US$M)
$89.9
Forecast, 2030 (US$M)
$173.6
CAGR, 2023 - 2030
8.6%
Report Coverage
Canada

Canada animal drug compounding market highlights

  • The Canada animal drug compounding market generated a revenue of USD 89.9 million in 2022 and is expected to reach USD 173.6 million by 2030.
  • The Canada market is expected to grow at a CAGR of 8.6% from 2023 to 2030.
  • In terms of segment, oral was the largest revenue generating route of administration in 2022.
  • Topical is the most lucrative route of administration segment registering the fastest growth during the forecast period.

Animal drug compounding market data book summary

Market revenue in 2022USD 89.9 million
Market revenue in 2030USD 173.6 million
Growth rate8.6% (CAGR from 2022 to 2030)
Largest segmentOral
Fastest growing segmentTopical
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOral, Injectable, Topical, Other Routes
Key market players worldwidePartners Group Holding AG, Vimian Group AB, Pharmaca, Akina, Triangle Compounding Pharmacy, Central Compounding Pharmacy, Wellness Compounding Pharmacy, Miller Pharmacy

Other key industry trends

  • In terms of revenue, Canada accounted for 6.8% of the global animal drug compounding market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. animal drug compounding market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 173.6 million by 2030.

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Animal Drug Compounding Market Scope

Animal drug compounding market segmentation & scope
Oral
Injectable
Topical
Other Routes
Dogs
Cats
Other Companion Animals
Livestock Animals
Anti-infective Agents
Anti-inflammatory Agents
Hormones & Substitutes
CNS Agents
Other Products
Suspensions
Solution
Capsules

Animal Drug Compounding Market Companies

Name Profile # Employees HQ Website

Canada animal drug compounding market size, by route of administration, 2018-2030 (US$M)

Canada Animal Drug Compounding Market Outlook Share, 2022 & 2030 (US$M)

Canada animal drug compounding market size, by route of administration, 2018-2030 (US$M)

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