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.

Free Valuable Insights: The Worldwide Veterinary API Market is Projected to reach USD 12.9 Billion by 2030, at a CAGR of 6.4%

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

Key Market Players

List of Companies Profiled in the Report:

• 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

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
3.2 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

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