Global Animal Drug Compounding Market Size & Outlook

The animal drug compounding industry worldwide is expected to reach a projected revenue of US$ 2,452.1 million by 2030. A compound annual growth rate of 8% is expected of the worldwide animal drug compounding industry from 2023 to 2030.
Revenue, 2022 (US$M)
$1,320.5
Forecast, 2030 (US$M)
$2,452.1
CAGR, 2023 - 2030
8%
Report Coverage
Worldwide

Global animal drug compounding market highlights

  • The global animal drug compounding market generated a revenue of USD 1,320.5 million in 2022 and is expected to reach USD 2,452.1 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 8% by 2030.
  • In terms of segment, oral accounted for a revenue of USD 710.6 million in 2022.
  • Topical is the most lucrative route of administration segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.


Global data book summary

Market revenue in 2022USD 1,320.5 million
Market revenue in 2030USD 2,452.1 million
Growth rate8% (CAGR from 2022 to 2030)
Largest segmentOral
Fastest growing segmentTopical
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOral, Injectable, Topical, Other Routes


Other key industry trends

  • In terms of revenue, the North America accounted for 40.1% of the global animal drug compounding market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 171.1 million by 2030.

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Animal Drug Compounding Market Scope

Animal drug compounding market segmentation & scope
Oral
Injectable
Topical
Other Routes
Dogs
Cats
Other Companion Animals
Livestock Animals
Anti-infective Agents
Anti-inflammatory Agents
Hormones & Substitutes
CNS Agents
Other Products
Suspensions
Solution
Capsules

Animal Drug Compounding Market Companies

Name Profile # Employees HQ Website

Global animal drug compounding market size, by regions, 2018-2030 (US$M)

Top 10 countries: Animal drug compounding market size, 2022 (US$M)

Global animal drug compounding market share, by route of administration, 2022 & 2030 (%, US$M)

Animal drug compounding market: Opportunity assessment by country

Global animal drug compounding market, by region, 2022 (US$M)

Global animal drug compounding market size, by regions, 2018-2030 (US$M)

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