Middle East & Africa Animal Drug Compounding Market Size & Outlook
Middle East & Africa animal drug compounding market, 2018-2030 (US$M)
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MEA animal drug compounding market highlights
- The MEA animal drug compounding market generated a revenue of USD 54.8 million in 2022.
- The market is expected to grow at a CAGR of 8.6% from 2023 to 2030.
- In terms of segment, oral was the largest revenue generating route of administration in 2022.
- Topical is the most lucrative route of administration segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 54.8 million |
| Market revenue in 2030 | USD 106.4 million |
| Growth rate | 8.6% (CAGR from 2022 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Topical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Injectable, Topical, Other Routes |
| Key market players worldwide | Partners Group Holding AG, Vimian Group AB, Pharmaca, Akina, Triangle Compounding Pharmacy, Central Compounding Pharmacy, Wellness Compounding Pharmacy, Miller Pharmacy |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.2% of the global animal drug compounding market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 511.8 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Animal Drug Compounding Market Scope
Animal Drug Compounding Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA animal drug compounding market size, by country, 2018-2030 (US$M)
Middle East & Africa Animal Drug Compounding Market Outlook Share, 2022 & 2030 (US$M)
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