Middle East & Africa Veterinary Excipients Market Size & Outlook
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MEA veterinary excipients market highlights
- The MEA veterinary excipients market generated a revenue of USD 49.5 millions in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating by application in 2023.
- Biologics is the most lucrative by application segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 49.5 millions |
| Market revenue in 2030 | USD 68.6 millions |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Biologics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Biologics, Pharmaceuticals, Medicated Feed Additives |
| Key market players worldwide | Croda International PLC, Cipla Ltd DR, Azelis Group NV, Ashland Inc, JRS Pharma, Colorcon, Lipoid, Gattefossé, Spectrum Chemical Manufacturingrp, Quality Chemicals Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global veterinary excipients market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 356.1 millions by 2030.
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Veterinary Excipients Market Scope
Veterinary Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Quality Chemicals Ltd | View profile | - | Kampala, Kampala, Uganda, Africa | http://www.quality-chemicals.co.ug/ |
| Spectrum Chemical Manufacturingrp | View profile | 101-250 | New Brunswick, New Jersey, United States, North America | https://www.spectrumchemical.com |
| Gattefossé | View profile | 251-500 | Saint Priest, Limousin, France, Europe | https://www.gattefosse.com/ |
| Lipoid | View profile | 11-50 | Ludwigshafen, Rheinland-Pfalz, Germany, Europe | http://www.lipoid.com/ |
| Colorcon | View profile | 1001-5000 | Harleysville, Pennsylvania, United States, North America | https://www.colorcon.com |
| JRS Pharma | View profile | 11-50 | Rosenberg, Baden-Wurttemberg, Germany, Europe | http://jrspharma.com |
| Azelis Group NV | View profile | 4206 | Posthofbrug 12, Box 6, Antwerp, Belgium, B-2600 | https://www.azelis.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| Cipla Ltd DR | View profile | 38955 | Ganpatrao Kadam Marg, Cipla House, Peninsula Business Park, Lower Parel, Mumbai, MH, India, 400 013 | https://www.cipla.com |
Middle East & Africa veterinary excipients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary excipients market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 56.97% in 2023. Horizon Databook has segmented the Middle East & Africa veterinary excipients market based on biologics, pharmaceuticals, medicated feed additives covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of veterinary excipients market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa veterinary excipients market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa veterinary excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA veterinary excipients market size, by country, 2018-2030 (US$Ms)
Middle East & Africa Veterinary Excipients Market Outlook Share, 2023 & 2030 (US$Ms)
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