Animal Drug Compounding Market to Grow with a CAGR of 8.14% through 2030
The expansion of veterinary healthcare
services and the increasing number of pet owners seeking specialized treatments, is expected to drive the Global Animal Drug
Compounding Market growth in the forecast period, 2026-2030
According
to TechSci Research report, “Animal Drug Compounding Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
the Global Animal Drug Compounding Market stood at USD
1.63 Billion in
2024 and is expected to reach USD 2.61 Billion by 2030 with a CAGR of 8.14% during
the forecast period. The
Global Animal Drug Compounding Market is witnessing robust expansion as
veterinary practices evolve to cater to a growing demand for tailored
treatments. With an increasing number of pet owners seeking personalized
healthcare solutions for their animals, compounded drugs provide a unique
option to treat conditions that off-the-shelf medications cannot effectively
address. The market is further fueled by the rising prevalence of chronic
health issues in pets and animals, such as arthritis, diabetes, and allergies.
As conventional pharmaceutical treatments often fail to meet the specific needs
of these animals, veterinarians are increasingly turning to compounded
medications to create customized therapies. This growing demand for personalized
care is one of the key drivers for the market, pushing both veterinarians and
pet owners to explore compounding as a viable treatment option.
Current market trends are being shaped
by the growing emphasis on pet wellness and an increase in the number of
veterinary clinics offering compounding services. Many veterinary professionals
are turning to specialized compounding pharmacies that can create drugs in
forms that are more palatable or easier to administer, such as flavored liquids
or chewable tablets. This has led to a rise in customer satisfaction, as
animals are more likely to take medications that suit their preferences.
Moreover, the market is evolving with the integration of digital tools that
enable veterinarians to better track the health progress of pets undergoing
compounded treatments. The development of veterinary-specific compounding
software and platforms helps streamline the compounding process, allowing
veterinarians to more efficiently prescribe and monitor these customized
therapies.
Growth opportunities in the Global
Animal Drug Compounding Market lie in the increasing adoption of compounded
medications for livestock. While much of the focus has been on companion
animals, there is an emerging trend of compounding tailored treatments for farm
animals and horses, addressing a variety of conditions from reproductive issues
to respiratory problems. This untapped market presents significant growth
potential, as livestock farmers seek more effective, customized solutions to
improve animal health and productivity. Furthermore, as veterinarians and
compounding pharmacies collaborate more closely, the opportunity for innovation
in drug formulations and the expansion of compounding services in rural and
underserved areas becomes more prominent. The integration of telemedicine and
veterinary e-commerce platforms also presents an opportunity to increase access
to compounded drugs, especially in remote areas, further driving market growth.
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"Global Animal Drug Compounding Market”
The
Global Animal Drug Compounding Market is segmented into product, animal type, route
of administration, regional distribution, and company.
Based
on the Animal Type, Companion Animal emerged as the fastest growing segment in
the Global Animal Drug Compounding Market during the forecast period. This is driven
by several factors. The growing trend of pet ownership, especially in urban
areas, has led to an increase in demand for personalized veterinary care. Pet
owners are increasingly seeking customized medication options to address
specific health conditions in their pets, such as chronic diseases, allergies,
or behavioral issues. Compounded medications provide a solution when
off-the-shelf drugs are either unavailable or ineffective for these particular
needs. Moreover, pets are often treated as family members, and pet owners are
more willing to invest in their health and well-being, driving the growth of
this segment. Veterinary practices have become more focused on providing
individualized treatments, and the rise of specialized compounding pharmacies
catering to this market further fuels this trend. These pharmacies can create
medications in various forms, such as flavored pills or liquids, to improve
palatability and ease of administration, ensuring better compliance from pets.
Based on the Region, Asia-Pacific
emerged as the fastest growing region in the Global Animal Drug Compounding Market during
the forecast period. This is driven by several key factors. The region’s
rapidly expanding pet population, particularly in countries such as China,
India, and Japan, is a major driver. Many pet owners in these countries are
becoming increasingly aware of the importance of personalized treatments for
their pets, leading to a surge in the adoption of compounded drugs. The
veterinary healthcare industry in Asia-Pacific is also evolving, with more
veterinary professionals gaining access to advanced compounding technologies
and practices. This is especially true in urban centers where access to
veterinary clinics and pharmacies is improving, allowing for better
distribution of compounded drugs. Additionally, increasing disposable incomes
in the region are enabling pet owners to spend more on their animals'
healthcare, further driving demand for customized medications.
Major companies operating in Global Animal Drug
Compounding Market are:
- Wedgewood Village Pharmacy, LLC
- Vimian Group AB
- Pharmaca Health Intelligence Ltd
- Akina Animal Health
- Triangle Compounding Pharmacy
- Davis Islands Pharmacy & Compounding
Lab
- Custom Med Compounding Pharmacy
- Central Compounding Center South
- Wellness Compounding Pharmacy of Cary
- Millers Pharmacy
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“The
Global Animal Drug Compounding Market is expanding due to the growing focus on
improving animal healthcare outcomes, particularly for livestock and exotic
animals, which require specialized treatments. As veterinary professionals look
for more effective and customized therapies to address a range of conditions in
animals beyond pets, such as reproductive issues or respiratory diseases in
livestock, the demand for compounded medications is rising. The ability to
tailor treatments specifically for different animal types and conditions has
made compounding an increasingly popular option.,” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Animal Drug Compounding Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By Product
(Anti-infective Agents, Anti-inflammatory Agents, Hormones & Substitutes,
CNS Agents, Others), By Animal Type (Companion Animal, Livestock Animal), By
Route of Administration (Oral, Injectable, Topical, Others), By Region and
Competition, 2020-2030F”,
has evaluated the future growth potential of Global Animal Drug Compounding
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Animal Drug
Compounding Market.
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