PUBLISHER: KBV Research | PRODUCT CODE: 1335834
PUBLISHER: KBV Research | PRODUCT CODE: 1335834
North America Veterinary API Market Size, Share & Industry Trends Analysis Report By Route of Administration, By API Type, By Synthesis Type, By Animal Type, By Country and Growth Forecast, 2023 - 2030
The North America Veterinary API Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030).
The production of veterinary active pharmaceutical ingredients entails the synthesis of APIs from basic materials using various high-tech processing techniques. Anti-infectives, vaccines, and nonsteroidal anti-inflammatory drugs are the principal products of veterinary active pharmaceutical ingredient production. It is expected that an increasing number of pet owners will drive the development of the market in the coming years. Pet proprietors are those who own or adopt a companion animal. The fact that pet owners provide essential health care for their animals increases the demand for veterinary medications.
The launch of biologically synthesized APIs is an advancement in technology that contributes to the expansion of the industry. In the future, veterinary biopharmaceuticals produced by rDNA technology will be a more viable option for treating diseases such as arthritis, cancer, and diabetes, as well as autoimmune disorders. In addition, introducing high-potency APIs (HPAPIs), which act on target cells at a much lower dosage than standard APIs, is anticipated to create lucrative possibilities for expansion in the market. The HPAPIs are causing significant alterations in the pharmaceutical industry's ability to develop novel therapeutic drugs.
In March 2022, Mainstreet Animal Hospital in Canada published an article on Primary Veterinary Care that discussed the numerous pet-related complications and their management. According to the article, old age significantly contributes to the advent of chronic diseases like osteoarthritis, heart disease, renal disease, endocrinological disorders, etc. The increasing prevalence of chronic diseases in veterinary animals and the need for appropriate medical management, such as the provision of effective medications for afflicted animals, are likely to drive market expansion in the region. Consequently, all of the factors above, such as the rise in pet ownership and the prevalence of chronic diseases in animals, are anticipated to bolster the regional market over the forecast period.
The US market dominated the North America Veterinary API Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,286.9 million by 2030. The Canada market is experiencing a CAGR of 8.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.1% during (2023 - 2030).
Based on Route of Administration, the market is segmented into Oral, Injectable, Topical and Others. Based on API Type, the market is segmented into Parasiticides, Anti-inflammatory, Antimicrobials, Vaccines, Hormones and Others. Based on Synthesis Type, the market is segmented into Chemical based API, Biological API and Highly potent API. Based on Animal Type, the market is segmented into Livestock Animals and Companion Animals. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Boehringer Ingelheim International GmbH, Zoetis, Inc., Elanco Animal Health, Inc., Merck & Co., Inc., Virbac, Vetoquinol SA (Soparfin SCA), Sequent Scientific Limited, Phibro Animal Health Corporation, Febbrica Italina Sintetici S.P.A. (Nine Trees Group S.p.A) and Excel Industries Limited.
Scope of the Study
Market Segments covered in the Report:
By Route of Administration
- Oral
- Injectable
- Topical
- Others
By API Type
- Parasiticides
- Anti-inflammatory
- Antimicrobials
- Vaccines
- Hormones
- Others
By Synthesis Type
- Chemical based API
- Biological API
- Highly potent API
By Animal Type
- Livestock Animals
- Companion Animals
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Boehringer Ingelheim International GmbH
- Zoetis, Inc.
- Elanco Animal Health, Inc.
- Merck & Co., Inc.
- Virbac
- Vetoquinol SA (Soparfin SCA)
- Sequent Scientific Limited
- Phibro Animal Health Corporation
- Febbrica Italina Sintetici S.P.A. (Nine Trees Group S.p.A)
- Excel Industries Limited
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Veterinary API Market, by Route of Administration
- 1.4.2 North America Veterinary API Market, by API Type
- 1.4.3 North America Veterinary API Market, by Synthesis Type
- 1.4.4 North America Veterinary API Market, by Animal Type
- 1.4.5 North America Veterinary API Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Force Analysis
Chapter 4. Strategies Deployed in Veterinary API Market
Chapter 5. North America Veterinary API Market by Route of Administration
- 5.1 North America Oral Market by Country
- 5.2 North America Injectable Market by Country
- 5.3 North America Topical Market by Country
- 5.4 North America Others Market by Country
Chapter 6. North America Veterinary API Market by API Type
- 6.1 North America Parasiticides Market by Country
- 6.2 North America Anti-inflammatory Market by Country
- 6.3 North America Antimicrobials Market by Country
- 6.4 North America Vaccines Market by Country
- 6.5 North America Hormones Market by Country
- 6.6 North America Others Market by Country
Chapter 7. North America Veterinary API Market by Synthesis Type
- 7.1 North America Chemical based API Market by Country
- 7.2 North America Biological API Market by Country
- 7.3 North America Highly potent API Market by Country
Chapter 8. North America Veterinary API Market by Animal Type
- 8.1 North America Livestock Animals Market by Country
- 8.2 North America Companion Animals Market by Country
Chapter 9. North America Veterinary API Market by Country
- 9.1 US Veterinary API Market
- 9.1.1 US Veterinary API Market by Route of Administration
- 9.1.2 US Veterinary API Market by API Type
- 9.1.3 US Veterinary API Market by Synthesis Type
- 9.1.4 US Veterinary API Market by Animal Type
- 9.2 Canada Veterinary API Market
- 9.2.1 Canada Veterinary API Market by Route of Administration
- 9.2.2 Canada Veterinary API Market by API Type
- 9.2.3 Canada Veterinary API Market by Synthesis Type
- 9.2.4 Canada Veterinary API Market by Animal Type
- 9.3 Mexico Veterinary API Market
- 9.3.1 Mexico Veterinary API Market by Route of Administration
- 9.3.2 Mexico Veterinary API Market by API Type
- 9.3.3 Mexico Veterinary API Market by Synthesis Type
- 9.3.4 Mexico Veterinary API Market by Animal Type
- 9.4 Rest of North America Veterinary API Market
- 9.4.1 Rest of North America Veterinary API Market by Route of Administration
- 9.4.2 Rest of North America Veterinary API Market by API Type
- 9.4.3 Rest of North America Veterinary API Market by Synthesis Type
- 9.4.4 Rest of North America Veterinary API Market by Animal Type
Chapter 10. Company Profiles
- 10.1 Boehringer Ingelheim International Gmbh
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional & Segmental Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Product Launches and Product Expansions:
- 10.1.5.2 Partnerships, Collaborations and Agreements:
- 10.1.6 SWOT Analysis
- 10.2 Zoetis, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Product Launches and Product Expansions:
- 10.2.5.2 Approvals and Trials:
- 10.2.5.3 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 Elanco Animal Health, Inc.
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 Merck & Co., Inc.
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Geographical Expansions:
- 10.4.6 SWOT Analysis
- 10.5 Virbac
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Regional Analysis
- 10.5.4 Recent strategies and developments:
- 10.5.4.1 Product Launches and Product Expansions:
- 10.5.5 SWOT Analysis
- 10.6 Vetoquinol SA (Soparfin SCA)
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 SWOT Analysis
- 10.7 Sequent Scientific Limited
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional Analysis
- 10.7.4 SWOT Analysis
- 10.8 Phibro Animal Health Corporation
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.8.5 SWOT Analysis
- 10.9 Febbrica Italina Sintetici S.P.A. (Nine Trees Group S.p.A)
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.10. Excel Industries Limited
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental Analysis
- 10.10.4 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Veterinary API Market, 2019 - 2022, USD Million
- TABLE 2 North America Veterinary API Market, 2023 - 2030, USD Million
- TABLE 3 North America Veterinary API Market by Route of Administration, 2019 - 2022, USD Million
- TABLE 4 North America Veterinary API Market by Route of Administration, 2023 - 2030, USD Million
- TABLE 5 North America Oral Market by Country, 2019 - 2022, USD Million
- TABLE 6 North America Oral Market by Country, 2023 - 2030, USD Million
- TABLE 7 North America Injectable Market by Country, 2019 - 2022, USD Million
- TABLE 8 North America Injectable Market by Country, 2023 - 2030, USD Million
- TABLE 9 North America Topical Market by Country, 2019 - 2022, USD Million
- TABLE 10 North America Topical Market by Country, 2023 - 2030, USD Million
- TABLE 11 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 12 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 13 North America Veterinary API Market by API Type, 2019 - 2022, USD Million
- TABLE 14 North America Veterinary API Market by API Type, 2023 - 2030, USD Million
- TABLE 15 North America Parasiticides Market by Country, 2019 - 2022, USD Million
- TABLE 16 North America Parasiticides Market by Country, 2023 - 2030, USD Million
- TABLE 17 North America Anti-inflammatory Market by Country, 2019 - 2022, USD Million
- TABLE 18 North America Anti-inflammatory Market by Country, 2023 - 2030, USD Million
- TABLE 19 North America Antimicrobials Market by Country, 2019 - 2022, USD Million
- TABLE 20 North America Antimicrobials Market by Country, 2023 - 2030, USD Million
- TABLE 21 North America Vaccines Market by Country, 2019 - 2022, USD Million
- TABLE 22 North America Vaccines Market by Country, 2023 - 2030, USD Million
- TABLE 23 North America Hormones Market by Country, 2019 - 2022, USD Million
- TABLE 24 North America Hormones Market by Country, 2023 - 2030, USD Million
- TABLE 25 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 26 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 27 North America Veterinary API Market by Synthesis Type, 2019 - 2022, USD Million
- TABLE 28 North America Veterinary API Market by Synthesis Type, 2023 - 2030, USD Million
- TABLE 29 North America Chemical based API Market by Country, 2019 - 2022, USD Million
- TABLE 30 North America Chemical based API Market by Country, 2023 - 2030, USD Million
- TABLE 31 North America Biological API Market by Country, 2019 - 2022, USD Million
- TABLE 32 North America Biological API Market by Country, 2023 - 2030, USD Million
- TABLE 33 North America Highly potent API Market by Country, 2019 - 2022, USD Million
- TABLE 34 North America Highly potent API Market by Country, 2023 - 2030, USD Million
- TABLE 35 North America Veterinary API Market by Animal Type, 2019 - 2022, USD Million
- TABLE 36 North America Veterinary API Market by Animal Type, 2023 - 2030, USD Million
- TABLE 37 North America Livestock Animals Market by Country, 2019 - 2022, USD Million
- TABLE 38 North America Livestock Animals Market by Country, 2023 - 2030, USD Million
- TABLE 39 North America Companion Animals Market by Country, 2019 - 2022, USD Million
- TABLE 40 North America Companion Animals Market by Country, 2023 - 2030, USD Million
- TABLE 41 North America Veterinary API Market by Country, 2019 - 2022, USD Million
- TABLE 42 North America Veterinary API Market by Country, 2023 - 2030, USD Million
- TABLE 43 US Veterinary API Market, 2019 - 2022, USD Million
- TABLE 44 US Veterinary API Market, 2023 - 2030, USD Million
- TABLE 45 US Veterinary API Market by Route of Administration, 2019 - 2022, USD Million
- TABLE 46 US Veterinary API Market by Route of Administration, 2023 - 2030, USD Million
- TABLE 47 US Veterinary API Market by API Type, 2019 - 2022, USD Million
- TABLE 48 US Veterinary API Market by API Type, 2023 - 2030, USD Million
- TABLE 49 US Veterinary API Market by Synthesis Type, 2019 - 2022, USD Million
- TABLE 50 US Veterinary API Market by Synthesis Type, 2023 - 2030, USD Million
- TABLE 51 US Veterinary API Market by Animal Type, 2019 - 2022, USD Million
- TABLE 52 US Veterinary API Market by Animal Type, 2023 - 2030, USD Million
- TABLE 53 Canada Veterinary API Market, 2019 - 2022, USD Million
- TABLE 54 Canada Veterinary API Market, 2023 - 2030, USD Million
- TABLE 55 Canada Veterinary API Market by Route of Administration, 2019 - 2022, USD Million
- TABLE 56 Canada Veterinary API Market by Route of Administration, 2023 - 2030, USD Million
- TABLE 57 Canada Veterinary API Market by API Type, 2019 - 2022, USD Million
- TABLE 58 Canada Veterinary API Market by API Type, 2023 - 2030, USD Million
- TABLE 59 Canada Veterinary API Market by Synthesis Type, 2019 - 2022, USD Million
- TABLE 60 Canada Veterinary API Market by Synthesis Type, 2023 - 2030, USD Million
- TABLE 61 Canada Veterinary API Market by Animal Type, 2019 - 2022, USD Million
- TABLE 62 Canada Veterinary API Market by Animal Type, 2023 - 2030, USD Million
- TABLE 63 Mexico Veterinary API Market, 2019 - 2022, USD Million
- TABLE 64 Mexico Veterinary API Market, 2023 - 2030, USD Million
- TABLE 65 Mexico Veterinary API Market by Route of Administration, 2019 - 2022, USD Million
- TABLE 66 Mexico Veterinary API Market by Route of Administration, 2023 - 2030, USD Million
- TABLE 67 Mexico Veterinary API Market by API Type, 2019 - 2022, USD Million
- TABLE 68 Mexico Veterinary API Market by API Type, 2023 - 2030, USD Million
- TABLE 69 Mexico Veterinary API Market by Synthesis Type, 2019 - 2022, USD Million
- TABLE 70 Mexico Veterinary API Market by Synthesis Type, 2023 - 2030, USD Million
- TABLE 71 Mexico Veterinary API Market by Animal Type, 2019 - 2022, USD Million
- TABLE 72 Mexico Veterinary API Market by Animal Type, 2023 - 2030, USD Million
- TABLE 73 Rest of North America Veterinary API Market, 2019 - 2022, USD Million
- TABLE 74 Rest of North America Veterinary API Market, 2023 - 2030, USD Million
- TABLE 75 Rest of North America Veterinary API Market by Route of Administration, 2019 - 2022, USD Million
- TABLE 76 Rest of North America Veterinary API Market by Route of Administration, 2023 - 2030, USD Million
- TABLE 77 Rest of North America Veterinary API Market by API Type, 2019 - 2022, USD Million
- TABLE 78 Rest of North America Veterinary API Market by API Type, 2023 - 2030, USD Million
- TABLE 79 Rest of North America Veterinary API Market by Synthesis Type, 2019 - 2022, USD Million
- TABLE 80 Rest of North America Veterinary API Market by Synthesis Type, 2023 - 2030, USD Million
- TABLE 81 Rest of North America Veterinary API Market by Animal Type, 2019 - 2022, USD Million
- TABLE 82 Rest of North America Veterinary API Market by Animal Type, 2023 - 2030, USD Million
- TABLE 83 Key Information - Boehringer Ingelheim International GmbH
- TABLE 84 Key Information - Zoetis, Inc.
- TABLE 85 Key information - Elanco Animal Health, Inc.
- TABLE 86 KEY INFORMATION - Merck & Co., Inc.
- TABLE 87 Key Information - Virbac
- TABLE 88 Key Information - Vetoquinol SA
- TABLE 89 Key Information - Sequent Scientific Limited
- TABLE 90 Key Information - Phibro Animal Health Corporation
- TABLE 91 Key Information - Febbrica Italina Sintetici S.P.A.
- TABLE 92 Key Information - Excel Industries Limited
List of Figures
- FIG 1 Methodology for the research
- FIG 2 North America Veterinary API Market, 2019 - 2030, USD Million
- FIG 3 Key Factors Impacting Veterinary API Market
- FIG 4 Porter's Five Force Analysis: Veterinary API Market
- FIG 5 North America Veterinary API Market share by Route of Administration, 2022
- FIG 6 North America Veterinary API Market share by Route of Administration, 2030
- FIG 7 North America Veterinary API Market by Route of Administration, 2019 - 2030, USD Million
- FIG 8 North America Veterinary API Market share by API Type, 2022
- FIG 9 North America Veterinary API Market share by API Type, 2030
- FIG 10 North America Veterinary API Market by API Type, 2019 - 2030, USD Million
- FIG 11 North America Veterinary API Market share by Synthesis Type, 2022
- FIG 12 North America Veterinary API Market share by Synthesis Type, 2030
- FIG 13 North America Veterinary API Market by Synthesis Type, 2019 - 2030, USD Million
- FIG 14 North America Veterinary API Market share by Animal Type, 2022
- FIG 15 North America Veterinary API Market share by Animal Type, 2030
- FIG 16 North America Veterinary API Market by Animal Type, 2019 - 2030, USD Million
- FIG 17 North America Veterinary API Market share by Country, 2022
- FIG 18 North America Veterinary API Market share by Country, 2030
- FIG 19 North America Veterinary API Market by Country, 2019 - 2030, USD Million
- FIG 20 Recent strategies and developments: Boehringer Ingelheim International GmbH
- FIG 21 SWOT Analysis: Boehringer Ingelheim International GmbH
- FIG 22 Recent strategies and developments: Zoetis, Inc.
- FIG 23 SWOT Analysis: Zoetis, Inc.
- FIG 24 SWOT Analysis: Elanco Animal Health, Inc.
- FIG 25 Swot Analysis: Merck & Co., Inc.
- FIG 26 SWOT Analysis: Virbac
- FIG 27 SWOT Analysis: Vetoquinol SA
- FIG 28 SWOT Analysis: SEQUENT SCIENTIFIC LIMITED
- FIG 29 SWOT Analysis: PHIBRO ANIMAL HEALTH CORPORATION
- FIG 30 SWOT Analysis: EXCEL INDUSTRIES LIMITED
