PUBLISHER: The Business Research Company | PRODUCT CODE: 1938618
PUBLISHER: The Business Research Company | PRODUCT CODE: 1938618
Animal drug compounding involves the process of customizing and altering the ingredients of multiple medicines to create a personalized medication suitable for the specific needs of individual animals or groups of animals. This practice is crucial in veterinary medicine for providing tailored medical treatment to animals.
The primary products of animal drug compounding include anti-infective agents, anti-inflammatory agents, hormones and substitutes, central nervous system (CNS) agents, and other specialized products. Anti-infective agents encompass medications such as antibiotics, antivirals, and antifungals, used to prevent and treat various infections in animals. These agents play a vital role in eliminating infectious germs and controlling the spread of infections among animals. Animal drug compounding is applicable to various types of animals, including companion animals and livestock, and can be administered through different routes such as oral, injectable, topical, among others. This practice is commonly employed in veterinary hospitals, clinics, and diagnostic centers dedicated to veterinary care.
Tariffs have impacted the animal drug compounding market by raising the cost of imported active pharmaceutical ingredients, excipients, and specialized compounding equipment, affecting veterinary hospitals and clinics budgets. Companion animal medications in North America and Europe, and livestock treatment products in Asia-Pacific, are most affected due to dependence on imported high-quality ingredients. Positively, tariffs are promoting local production, encouraging innovation in cost-effective compounding solutions, and strengthening regional supply chains to reduce import reliance.
The animal drug compounding market research report is one of a series of new reports from The Business Research Company that provides animal drug compounding market statistics, including animal drug compounding industry global market size, regional shares, competitors with a animal drug compounding market share, detailed animal drug compounding market segments, market trends and opportunities, and any further data you may need to thrive in the animal drug compounding industry. This animal drug compounding market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The animal drug compounding market size has grown strongly in recent years. It will grow from $1.79 billion in 2025 to $1.91 billion in 2026 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to rising prevalence of chronic diseases in companion animals, increasing veterinary clinic visits, demand for flexible dosage forms, growth of companion animal population, expansion of veterinary pharmaceutical companies.
The animal drug compounding market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2030 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to advancements in drug compounding technologies, increasing adoption of AI for personalized medicine, growth in livestock treatment applications, rising awareness of customized veterinary therapies, expansion of veterinary diagnostic integration. Major trends in the forecast period include growing demand for personalized veterinary medications, expansion of injectable and oral compounded drugs, increasing focus on companion animal health, integration of veterinary diagnostics with drug compounding, adoption of customized hormonal and anti-inflammatory therapies.
Increasing pet expenditure is expected to further propel the growth of the animal drug compounding market. Pet expenditure encompasses the total amount spent on various aspects of pet ownership and care. This spending contributes to the demand for tailored medications that address the unique needs of individual animals, thereby encouraging compounding pharmacies to continue offering these specialized services in veterinary care. For instance, in October 2023, the North American Pet Health Insurance Association (NAPHIA), a US-based trade organization, stated that in 2022, pet owners in the United States spent $136.8 billion on their dogs, cats, birds, and other companion animals, with this figure projected to increase to $143.6 billion in 2023. Therefore, the rising pet expenditure is driving the growth of the animal drug compounding market.
Major companies in the animal drug compounding market are creating innovative products, such as feline-friendly formulations, to improve the safety and effectiveness of medications specifically designed for cats. Feline-friendly formulations are products tailored to be safe, effective, and appealing to cats. For instance, in September 2024, Wedgewood, a US-based veterinary pharmaceutical company, launched compounded molnupiravir. This antiviral medication is specifically formulated to treat Feline Infectious Peritonitis (FIP) in cats. Wedgewood offers various dosages of feline-friendly molnupiravir to address different forms of FIP, including effusive, non-effusive, neurological, and ocular types. This includes producing a range of dosages and flavors, such as flavored oral oil suspensions and capsules, to cater to the unique needs of individual feline patients.
In May 2024, MixLab, a US-based pharmaceutical laboratory, acquired Nexgen Animal Health for an undisclosed amount. This acquisition aims to expand MixLab's veterinary compounding services to include large animals while enhancing the pharmacy experience through advanced technology and increased capacity. Nexgen Animal Health, also based in the US, specializes in formulating innovative products and drug compounds for animals.
Major companies operating in the animal drug compounding market are Akina Animal Health, Letco Medical LLC, The Pet Apothecary LLC, Vetsource Inc., BCP Veterinary Pharmacy, VetRxDirect LLC, Vetcentric Pty. Ltd., Pet Health Pharmacy, PetRx2Go, PetMed Express Inc., Diamondback Drugs, Brava Veterinary Pharmacy, Veterinary Pharmacies of America, MEDS Canadian Compounding Pharmacy, Chiron Compounding Pharmacy, Dougherty's Pharmacy, Pace Pharmacy, Aurora Compounding, ESSENTIAL PHARMACY COMPOUNDING VET, SCIRx Pharmacy, Summit Veterinary Pharmacy Ltd, ScriptWorks, Veterinary Specialty Pharmacy, Veterinary Pharmaceutical Solutions, Wedgewood Pharmacy LLC, Hoye's Pharmacy, Triangle Compounding Pharmacy Inc., Vertisis Custom Pharmacy LLC
North America was the largest region in the animal drug compounding market in 2025. The regions covered in the animal drug compounding market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the animal drug compounding market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The animal drug compounding market consists of sales of flavored medications, suppositories, and ophthalmic preparations. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Animal Drug Compounding Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses animal drug compounding market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for animal drug compounding ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The animal drug compounding market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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