Global Veterinary Active Pharmaceutical Ingredients Manufacturing Market Size & Outlook

The veterinary active pharmaceutical ingredients manufacturing industry worldwide is expected to reach a projected revenue of US$ 13,671.7 million by 2030. A compound annual growth rate of 6.7% is expected of the worldwide veterinary active pharmaceutical ingredients manufacturing industry from 2024 to 2030.
Revenue, 2023 (US$M)
$8,666.5
Forecast, 2030 (US$M)
$13,671.7
CAGR, 2024 - 2030
6.7%
Report Coverage
Worldwide

Global veterinary active pharmaceutical ingredients manufacturing market, 2018-2030 (US$M)

Related Markets

Global veterinary active pharmaceutical ingredients manufacturing market highlights

  • The global veterinary active pharmaceutical ingredients manufacturing market generated a revenue of USD 8,666.5 million in 2023 and is expected to reach USD 13,671.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.7% by 2030.
  • In terms of segment, in house accounted for a revenue of USD 5,399.8 million in 2023.
  • Contract Outsourcing is the most lucrative service type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 8,666.5 million
Market revenue in 2030USD 13,671.7 million
Growth rate6.7% (CAGR from 2023 to 2030)
Largest segmentIn house
Fastest growing segmentContract Outsourcing
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIn House, Contract Outsourcing

Other key industry trends

  • In terms of revenue, the North America accounted for 37.8% of the global veterinary active pharmaceutical ingredients manufacturing market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 4,325.8 million by 2030.

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Veterinary Active Pharmaceutical Ingredients Manufacturing Market Companies

Name Profile # Employees HQ Website

Global veterinary active pharmaceutical ingredients manufacturing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary active pharmaceutical ingredients manufacturing market will help companies and investors design strategic landscapes.


In house was the largest segment with a revenue share of 62.31% in 2023. Horizon Databook has segmented the Global veterinary active pharmaceutical ingredients manufacturing market based on in house, contract outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Veterinary Active Pharmaceutical Ingredients Manufacturing Service Type Outlook (Revenue, USD Million, 2018-2030)
    • In House
    • Contract Outsourcing
      • Contract Development
        • Preclinical Development
        • Clinical Development
      • Contract Manufacturing
  • Global Veterinary Active Pharmaceutical Ingredients Manufacturing Synthesis Type Outlook (Revenue, USD Million, 2018-2030)
    • Chemical Based API
    • Biological API
    • HPAPI
  • Global Veterinary Active Pharmaceutical Ingredients Manufacturing Therapeutic Category Outlook (Revenue, USD Million, 2018-2030)
    • Antiparasitics
    • Anti-infectives
    • NSAIDs
    • Others
  • Global Veterinary Active Pharmaceutical Ingredients Manufacturing Animal Type Outlook (Revenue, USD Million, 2018-2030)
    • Companion Animals
    • Production Animals

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Target buyers of Global veterinary active pharmaceutical ingredients manufacturing market databook

  • Our clientele includes a mix of veterinary active pharmaceutical ingredients manufacturing market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global veterinary active pharmaceutical ingredients manufacturing market , including forecasts for subscribers. This global databook contains high-level insights into Global veterinary active pharmaceutical ingredients manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global veterinary active pharmaceutical ingredients manufacturing market size, by regions, 2018-2030 (US$M)

Top 10 countries: Veterinary active pharmaceutical ingredients manufacturing market size, 2023 (US$M)

Global veterinary active pharmaceutical ingredients manufacturing market share, by service type, 2023 & 2030 (%, US$M)

Veterinary active pharmaceutical ingredients manufacturing market: Opportunity assessment by country

Global veterinary active pharmaceutical ingredients manufacturing market, by region, 2023 (US$M)

Global veterinary active pharmaceutical ingredients manufacturing market size, by regions, 2018-2030 (US$M)

Service Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 2,664.4 2,788.8 2,850.1 3,022.9 3,127.0 3,276.6 3,442.1 3,621.3 3,815.6 4,026.3 4,254.9 4,503.2 4,787.8 5.6%
Europe 1,488.9 1,578.7 1,634.6 1,756.6 1,841.3 1,955.3 2,081.8 2,220.0 2,371.3 2,536.9 2,718.3 2,917.5 3,145.9 7.0%
Asia Pacific 1,690.3 1,806.0 1,884.0 2,039.6 2,153.6 2,303.5 2,470.0 2,652.6 2,853.0 3,073.2 3,315.5 3,582.2 3,888.3 7.8%
Latin America 631.2 670.0 694.5 747.1 784.0 833.4 888.3 948.3 1,013.9 1,085.8 1,164.7 1,251.3 1,350.7 7.1%
MEA 219.6 234.4 244.2 264.1 278.6 297.7 318.9 342.1 367.6 395.6 426.3 460.2 499.1 7.7%
Overall 6,694.3 7,077.9 7,307.3 7,830.5 8,184.4 8,666.5 9,201.1 9,784.3 10,421.4 11,117.8 11,879.8 12,714.3 13,671.7 6.7%

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