Veterinary API Market Size, Share, and Trends 2025 to 2034

The global veterinary API market size is calculated at USD 5.62 billion in 2025 and is forecasted to reach around USD 8.83 billion by 2034, accelerating at a CAGR of 5.14% from 2025 to 2034. The North America market size surpassed USD 1.93 billion in 2024 and is expanding at a CAGR of 5.25% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : June 2025  |  Report Code : 6292  |  Category : Healthcare  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology 

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Veterinary API Market 

5.1. COVID-19 Landscape: Veterinary API Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Veterinary API Market, By Service Type

8.1. Veterinary API Market Revenue and Volume Forecast, by Service Type

8.1.1. In-House Manufacturing

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Contract Outsourcing

8.1.2.1. Market Revenue and Volume Forecast

Chapter 9. Global Veterinary API Market, By Synthesis Type

9.1. Veterinary API Market Revenue and Volume Forecast, by Synthesis Type

9.1.1. Chemical-based API

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Biological API

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. HPAPI

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Veterinary API Market, By Animal Type

10.1. Veterinary API Market Revenue and Volume Forecast, by Animal Type

10.1.1. Production Animals

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Companion Animals

10.1.2.1. Market Revenue and Volume Forecast

Chapter 11. Global Veterinary API Market, By Therapeutic 

11.1. Veterinary API Market Revenue and Volume Forecast, by Therapeutic

11.1.1. Antiparasitics

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Anti-infectives

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. NSAIDs

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Others

11.1.4.1. Market Revenue and Volume Forecast

Chapter 12. Global Veterinary API Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Service Type

12.1.2. Market Revenue and Volume Forecast, by Synthesis Type

12.1.3. Market Revenue and Volume Forecast, by Animal Type

12.1.4. Market Revenue and Volume Forecast, by Therapeutic

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Service Type

12.1.5.2. Market Revenue and Volume Forecast, by Synthesis Type

12.1.5.3. Market Revenue and Volume Forecast, by Animal Type

12.1.5.4. Market Revenue and Volume Forecast, by Therapeutic

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Service Type

12.1.6.2. Market Revenue and Volume Forecast, by Synthesis Type

12.1.6.3. Market Revenue and Volume Forecast, by Animal Type

12.1.6.4. Market Revenue and Volume Forecast, by Therapeutic

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Service Type

12.2.2. Market Revenue and Volume Forecast, by Synthesis Type

12.2.3. Market Revenue and Volume Forecast, by Animal Type

12.2.4. Market Revenue and Volume Forecast, by Therapeutic

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Service Type

12.2.5.2. Market Revenue and Volume Forecast, by Synthesis Type

12.2.5.3. Market Revenue and Volume Forecast, by Animal Type

12.2.5.4. Market Revenue and Volume Forecast, by Therapeutic

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Service Type

12.2.6.2. Market Revenue and Volume Forecast, by Synthesis Type

12.2.6.3. Market Revenue and Volume Forecast, by Animal Type

12.2.6.4. Market Revenue and Volume Forecast, by Therapeutic

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Service Type

12.2.7.2. Market Revenue and Volume Forecast, by Synthesis Type

12.2.7.3. Market Revenue and Volume Forecast, by Animal Type

12.2.7.4. Market Revenue and Volume Forecast, by Therapeutic

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Service Type

12.2.8.2. Market Revenue and Volume Forecast, by Synthesis Type

12.2.8.3. Market Revenue and Volume Forecast, by Animal Type

12.2.8.4. Market Revenue and Volume Forecast, by Therapeutic

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Service Type

12.3.2. Market Revenue and Volume Forecast, by Synthesis Type

12.3.3. Market Revenue and Volume Forecast, by Animal Type

12.3.4. Market Revenue and Volume Forecast, by Therapeutic

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Service Type

12.3.5.2. Market Revenue and Volume Forecast, by Synthesis Type

12.3.5.3. Market Revenue and Volume Forecast, by Animal Type

12.3.5.4. Market Revenue and Volume Forecast, by Therapeutic

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Service Type

12.3.6.2. Market Revenue and Volume Forecast, by Synthesis Type

12.3.6.3. Market Revenue and Volume Forecast, by Animal Type

12.3.6.4. Market Revenue and Volume Forecast, by Therapeutic

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Service Type

12.3.7.2. Market Revenue and Volume Forecast, by Synthesis Type

12.3.7.3. Market Revenue and Volume Forecast, by Animal Type

12.3.7.4. Market Revenue and Volume Forecast, by Therapeutic

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Service Type

12.3.8.2. Market Revenue and Volume Forecast, by Synthesis Type

12.3.8.3. Market Revenue and Volume Forecast, by Animal Type

12.3.8.4. Market Revenue and Volume Forecast, by Therapeutic

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Service Type

12.4.2. Market Revenue and Volume Forecast, by Synthesis Type

12.4.3. Market Revenue and Volume Forecast, by Animal Type

12.4.4. Market Revenue and Volume Forecast, by Therapeutic

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Service Type

12.4.5.2. Market Revenue and Volume Forecast, by Synthesis Type

12.4.5.3. Market Revenue and Volume Forecast, by Animal Type

12.4.5.4. Market Revenue and Volume Forecast, by Therapeutic

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Service Type

12.4.6.2. Market Revenue and Volume Forecast, by Synthesis Type

12.4.6.3. Market Revenue and Volume Forecast, by Animal Type

12.4.6.4. Market Revenue and Volume Forecast, by Therapeutic

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Service Type

12.4.7.2. Market Revenue and Volume Forecast, by Synthesis Type

12.4.7.3. Market Revenue and Volume Forecast, by Animal Type

12.4.7.4. Market Revenue and Volume Forecast, by Therapeutic

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Service Type

12.4.8.2. Market Revenue and Volume Forecast, by Synthesis Type

12.4.8.3. Market Revenue and Volume Forecast, by Animal Type

12.4.8.4. Market Revenue and Volume Forecast, by Therapeutic

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Service Type

12.5.2. Market Revenue and Volume Forecast, by Synthesis Type

12.5.3. Market Revenue and Volume Forecast, by Animal Type

12.5.4. Market Revenue and Volume Forecast, by Therapeutic

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Service Type

12.5.5.2. Market Revenue and Volume Forecast, by Synthesis Type

12.5.5.3. Market Revenue and Volume Forecast, by Animal Type

12.5.5.4. Market Revenue and Volume Forecast, by Therapeutic

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Service Type

12.5.6.2. Market Revenue and Volume Forecast, by Synthesis Type

12.5.6.3. Market Revenue and Volume Forecast, by Animal Type

12.5.6.4. Market Revenue and Volume Forecast, by Therapeutic

Chapter 13. Company Profiles

13.1. Merck Animal Health

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Boehringer Ingelheim Animal Health

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Elanco Animal Health, Bayer Animal Health             

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Alivira Animal Health Ltd.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Chempro Pharma Pvt. Ltd.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Elanco

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Excel Industries Ltd.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. MENADIONA

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Ofichem Group

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Qilu Animal Health Products Co., Ltd.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global veterinary API market is expected to increase from USD 5.35 billion in 2024 to USD 8.83 billion by 2034.

The veterinary API marketis expected to grow at a compound annual growth rate (CAGR) of around 5.14% from 2025 to 2034.

The major players in the veterinary API market include Merck Animal Health, Boehringer Ingelheim Animal Health, Elanco Animal Health, Bayer Animal Health, Alivira Animal Health Ltd., Chempro Pharma Pvt. Ltd., Elanco, Excel Industries Ltd., MENADIONA, Ofichem Group, Siflon Drugs, SUANFARMA, Vetpharma, and Zoetis.

The driving factors of the veterinary API market are the rising demand for routine vaccinations, parasite control, and diagnostics is driving the use of targeted APIs.

North America region will lead the global veterinary API market during the forecast period 2025 to 2034.

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