UK Veterinary Active Pharmaceutical Ingredients Manufacturing Market Size & Outlook
UK veterinary active pharmaceutical ingredients manufacturing market, 2018-2030 (US$M)
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UK veterinary active pharmaceutical ingredients manufacturing market highlights
- The UK veterinary active pharmaceutical ingredients manufacturing market generated a revenue of USD 398.5 million in 2023 and is expected to reach USD 602.0 million by 2030.
- The UK market is expected to grow at a CAGR of 6.1% 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 398.5 million |
| Market revenue in 2030 | USD 602.0 million |
| Growth rate | 6.1% (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, UK accounted for 4.6% 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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UK 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 62.74% in 2023. Horizon Databook has segmented the UK 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 the UK is anticipated to register lucrative growth over the forecast period. The increasing pet ownership and insurance coverage in the country is expected to drive market growth. Moreover, the number of insured pets is surging due to the prevalence of pet diseases.
The leading veterinary charity in the UK, People’s Dispensary for Sick Animals (PDSA), provides low-cost and free treatments to animals in need. It is common for pets to get hurt or ill. At PDSA charity animal hospitals, around 800 monthly cases requiring emergency surgery are reported.
Moreover, favorable agreements for animal trade are likely to augment market growth. For instance, the Intra Trade Animal Health Certificates aid in trading animals within the EU. It is mandatory for all animals being traded to have a health certificate, ensuring that they are disease-free.
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Target buyers of UK veterinary active pharmaceutical ingredients manufacturing market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK veterinary active pharmaceutical ingredients manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into UK veterinary active pharmaceutical ingredients manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK veterinary active pharmaceutical ingredients manufacturing market size, by service type, 2018-2030 (US$M)
UK Veterinary Active Pharmaceutical Ingredients Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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