South Africa Veterinary Excipients Market Size & Outlook
South Africa veterinary excipients market, 2018-2030 (US$Ms)
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South Africa veterinary excipients market highlights
- The South Africa veterinary excipients market generated a revenue of USD 17.2 millions in 2023 and is expected to reach USD 22.2 millions by 2030.
- The South Africa market is expected to grow at a CAGR of 3.7% 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.
Veterinary excipients market data book summary
| Market revenue in 2023 | USD 17.2 millions |
| Market revenue in 2030 | USD 22.2 millions |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Biologics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 1.5% of the global veterinary excipients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa veterinary excipients market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.0 millions by 2030.
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Veterinary Excipients Market Scope
Veterinary Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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South 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 56.98% in 2023. Horizon Databook has segmented the South 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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Our clientele includes a mix of veterinary excipients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa veterinary excipients market , including forecasts for subscribers. This country databook contains high-level insights into South Africa veterinary excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa veterinary excipients market size, by by application, 2018-2030 (US$Ms)
South Africa Veterinary Excipients Market Outlook Share, 2023 & 2030 (US$Ms)
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