The Animal Drug Compounding Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Animal Drug Compounding Market?
The market size for animal drug compounding has expanded significantly in recent times. It went from $1.67 billion in 2024 and is projected to reach $1.79 billion in 2025, with a 7.2% compound annual growth rate (CAGR).
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Animal Drug Compounding Industry?
The Animal Drug Compounding market is projected to reach a size of $2.38 billion by 2029, expanding at a compound annual growth rate (CAGR) of 7.4%.
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What are the Key Growth Drivers Fueling the Animal Drug Compounding Market?
The key drivers in the animal drug compounding market are:
• Regulatory developments that favor animal drug compounding
• Increase in pet ownership trends
• Specialized veterinary care and services
• Advancements in veterinary medicine technology and methods
Global Market Segmentation: Identifying Major Animal Drug Compounding Industry Segments
The animal drug compounding market covered in this report is segmented –
1) By Animal Type: Companion Animals, Livestock Animals
2) By Product: Anti-Infective Agents, Anti-inflammatory Agents, Hormones And Substitutes, CNS Agents, Other Products
3) By Route Of Administration: Oral, Injectable, Topical, Other Routes Of Administration
4) By Application: Veterinary Hospitals, Veterinary Clinics, Veterinary Diagnostic Centers
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What are the Emerging Trends Shaping the Future of the Animal Drug Compounding Market?
The key trends in the animal drug compounding market are:
• The rise of flavoring and palatability in animal drugs is a key trend impacting the market.
• There is an increasing demand for specialized dosage forms in the industry.
• Collaborations between veterinarians and compounding pharmacists are becoming more prevalent.
• The industry is witnessing a heightened focus on pain management solutions and a growing role in veterinary hospice care.
Who Are the Top Competitors & Leading Players in the Animal Drug Compounding Market?
Major companies in the animal drug compounding market are:
• Wedgewood Pharmacy LLC
• Triangle Compounding Pharmacy Inc.
• Davis Islands Pharmacy & Compounding Lab
• Custom Med Compounding Pharmacy
• Central Compounding Center South LLC
• Wellness Compounding Pharmacy of Cary LLC
• Miller's Pharmacy
• Caringbah Compounding Pharmacy Pty. Ltd.
• Smith Drug and Compounding Inc.
• Specialist Compounding Pharmacy Pte Ltd.
• Tache Pharmacy & Medical Supplies
• Hoye's Pharmacy
• Vertisis Custom Pharmacy LLC
• Smith-Caldwell Drug Store Inc.
• Sixth Avenue Medical Pharmacy
• Pharmaca Integrative Pharmacy Inc.
• Akina Animal Health
• Letco Medical LLC
• The Pet Apothecary LLC
• Vetsource Inc.
• Roadrunner Pharmacy
• Medisca Inc.
• BCP Veterinary Pharmacy
• VetRxDirect LLC
• Diamondback Drugs
• Vetcentric Pty. Ltd.
• Pet Health Pharmacy
• PetMed Express Inc.
• PetRx2Go
• South Wellness Pharmacy
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the animal drug compounding market in 2024
