Middle East & Africa Veterinary Excipients Market Size & Outlook
Middle East & Africa veterinary excipients market, 2018-2030 (US$Ms)
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MEA veterinary excipients market highlights
- The MEA veterinary excipients market generated a revenue of USD 49.5 millions in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating by application in 2023.
- Biologics is the most lucrative by application segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 49.5 millions |
| Market revenue in 2030 | USD 68.6 millions |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Biologics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Biologics, Pharmaceuticals, Medicated Feed Additives |
| Key market players worldwide | Croda International PLC, Cipla Ltd DR, Azelis Group NV, Ashland Inc, JRS Pharma, Colorcon, Lipoid, Gattefossé, Spectrum Chemical Manufacturingrp, Quality Chemicals Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global veterinary excipients market in 2023.
- 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 356.1 millions by 2030.
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Veterinary Excipients Market Scope
Veterinary Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa veterinary excipients 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 excipients market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 56.97% in 2023. Horizon Databook has segmented the Middle East & Africa veterinary excipients market based on biologics, pharmaceuticals, medicated feed additives covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa veterinary excipients market databook
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Our clientele includes a mix of veterinary excipients 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 continent-level data and insights on the Middle East & Africa veterinary excipients market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa veterinary excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA veterinary excipients market size, by country, 2018-2030 (US$Ms)
Middle East & Africa Veterinary Excipients Market Outlook Share, 2023 & 2030 (US$Ms)
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