Denmark Veterinary Active Pharmaceutical Ingredients Manufacturing Market Size & Outlook
Denmark veterinary active pharmaceutical ingredients manufacturing market, 2018-2030 (US$M)
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Denmark veterinary active pharmaceutical ingredients manufacturing market highlights
- The Denmark veterinary active pharmaceutical ingredients manufacturing market generated a revenue of USD 98.0 million in 2023 and is expected to reach USD 161.2 million by 2030.
- The Denmark market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, in house was the largest revenue generating service type in 2023.
- Contract Outsourcing is the most lucrative service type segment registering the fastest growth during the forecast period.
Veterinary active pharmaceutical ingredients manufacturing market data book summary
| Market revenue in 2023 | USD 98.0 million |
| Market revenue in 2030 | USD 161.2 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | In house |
| Fastest growing segment | Contract Outsourcing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In House, Contract Outsourcing |
| Key market players worldwide | Zoetis Inc Class A, SeQuent Scientific, Ofichem Group, The Chem-Pro Group, Siflon Drugs & Pharmaceuticals, Vetpharma, Suanfarma Biotech, Menadiona, Excel Industries |
Other key industry trends
- In terms of revenue, Denmark accounted for 1.1% of the global veterinary active pharmaceutical ingredients manufacturing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK veterinary active pharmaceutical ingredients manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 513.5 million by 2030.
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Veterinary Active Pharmaceutical Ingredients Manufacturing Market Scope
Veterinary Active Pharmaceutical Ingredients Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark 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 64.8% in 2023. Horizon Databook has segmented the Denmark veterinary active pharmaceutical ingredients manufacturing market based on in house, contract outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.
The veterinary API manufacturing market in Denmark is expected to grow over the forecast period. Growth in the market can be attributed to the increasing adoption of animal husbandry practices. The favorable government initiatives supporting the livestock sector are also expected to fuel market growth.
Moreover, animal health programs that involve animal health regulation supervision and pharmaceuticals & vaccine quality control measures are influencing the demand in the market positively.
The Danish Medicines Agency (DMA) authorizes, regulates, and supervises veterinary medicinal products to ensure the safety & efficacy of veterinary medicinal products. In addition, the country’s regulatory framework for animal health is designed to prevent & control infectious diseases in animals, which is expected to support the veterinary API manufacturing market growth.
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Our clientele includes a mix of veterinary active pharmaceutical ingredients manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the Denmark veterinary active pharmaceutical ingredients manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Denmark veterinary active pharmaceutical ingredients manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark veterinary active pharmaceutical ingredients manufacturing market size, by service type, 2018-2030 (US$M)
Denmark Veterinary Active Pharmaceutical Ingredients Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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