Persistence Market Research (PMR), with its “Animal Health Active Pharmaceutical Ingredients Market” research report tabled, takes constructive steps with regards to apprising the key stakeholders pertaining to the drivers, restraints, opportunities, and trends concerned with the market and measures to be taken to sail smooth.
Market Report Summary
- Market – Animal Health Active Pharmaceutical Ingredients Market
- Market Value – US$ 4,600 Mn in 2025
- Market CAGR Value – 7.3% in 2025
- Market Forecast Year – 2020 to 2030
For Full Information -> Click Here
Read Full Press Release Below
The global animal health active pharmaceutical ingredient (API) market is projected to register an impressive expansion at 7.3% CAGR during the forecast period 2017 to 2025, according to a recent study by Persistence Market Research (PMR). PMR’s study estimates the market to increase from revenues worth US$ 5,216.1 Mn in 2017 to reach US$ 9,162.2 Mn by 2025-end.
Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/16972
- Glenmark Pharmaceutical Ltd.
- Zoetis Inc.
- Eli Lilly & Co.
- Sanofi Winthrop Industrie (CEPiA)
- Indukern, S.A.
- Ofichem BV
- P&R SpA (Olon SpA)
- Lonza Group AG
- ouro fino saude animal
- Blanver Farmoquimica E Farmaceutica S.A.
- Zhejiang Hisun Pharmaceutical Co. Ltd
- Changzhou Yabang-Qh Pharmachem Co., Ltd.
- Shanghai Pharmtech Co. Ltd.
- Ningxia Tairui Pharma CO. Ltd.
- Shaanxi Hanjiang Pharmaceutical Group Co.,Ltd.
- Sequent Scientific Ltd.
- NGL Fine Chem Ltd.
- Omkar Speciality Chemicals Limited
- Excel Industries Ltd.
Limited Insurance or Government Intervention Provides Smooth Flow to the Market Growth in APAC
Asia Pacific (APAC) will continue to be the most lucrative region in the global animal health active pharmaceutical ingredient market, with sales exhibiting the second highest CAGR through 2025. APAC has remained one of the largest API suppliers, at affordable costs.
Governments across APAC have been making investments and focusing on local manufacturing facilities of APIs. Favorable policies offered by these governments have been shifting the focus of API manufacturers in moving their production bases to APAC countries, such as India and China.
In addition, limited insurance or government intervention provides smooth flow to market growth in these regions.
However, animal health API products manufactured in APAC countries do not meet regulatory standards, and there has been increasing concerns pertaining to the quality of APIs, especially those produced in China and India. Western regulatory bodies are becoming stricter in the inspection of APIs produced in these regions.
Manufacturers are further facing challenges in bridging the gap between the cost and quality of APIs. These factors will inhibit growth of the market in APAC.
Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/16972
Europe to Remain the Second Largest Market for Animal Health APIs
Europe will remain the second largest market for animal health active pharmaceutical ingredients. Leading healthcare companies are located in the Europe, which in turn has boosted requirement for veterinary APIs in the region. Consumption of veterinary drugs in Europe has surged substantially over the past few years. Spain has been witnessed to be the largest consumer of veterinary antimicrobial APIs in the EU.
In addition, rising improvements in the animal productivity has driven growth of the animal health industry in this region. These incidences are expected to augment growth of the animal health API market in Europe.
However, the pharmaceutical industry in Europe has been concerned with potential short-term impacts of REACH regulations. This is likely to result in decreased supply of materials, or reagents, which are not preregistered by EU suppliers.
Access Full Report @ https://www.persistencemarketresearch.com/checkout/16972
In addition, dynamic changes in Europe’s macro-economic environment, such as the Brexit, has been impacting the intra-European trade and overall pharmaceutical sector. These factors might curb growth of the animal health API market in Europe.
Antiparasitics to Remain the Largest Adopted APIs in the Market
Antiparasitics will continue to be the largest adopted API in the market, followed by anti-infectives. Sales of Antiparasitics are expected to register the fastest expansion, to account for the largest revenues by 2025-end. In contrast, revenues from sales of anesthetics and NSAIDs will remain comparatively lower than antiparasitics and anti-infectives.
Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.
Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – email@example.com
Website – https://www.persistencemarketresearch.com