The Veterinary Excipients 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 Veterinary Excipients Market?
The veterinary excipients market has seen substantial growth. The market size is expected to increase from $0.94 billion in 2024 to $1 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%. The historical growth trend in the Veterinary Excipients market has been positive.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Veterinary Excipients Industry?
The Veterinary Excipients market is projected to reach a size of $1.24 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.7%.
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What are the Key Growth Drivers Fueling the Veterinary Excipients Market?
The drivers in the veterinary excipients market are:
• Increased ownership of pets
• Advancements in the field of veterinary medicine
• Rising demand for animal protein
• Expansion of pet healthcare spending and infrastructure
Global Market Segmentation: Identifying Major Veterinary Excipients Industry Segments
The veterinary excipients market covered in this report is segmented –
1) By Chemical Group: Polymers, Alcohols, Lipids, Mineral Salts, Other Chemical Groups
2) By Animal Type: Companion Animals, Production Animals
3) By Functionality: Fillers, Binders, Disintegrants, Glidants, Lubricants, Bulking Agents, Buffering Agents, Tonicity Adjusting Agents, Preservatives, Other Functionalities
4) By Application: Biologics, Pharmaceuticals, Medicated Feed Additives
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What are the emerging Trends Shaping the Future of the Veterinary Excipients Market?
The trends in the veterinary excipients market are:
• Personalized medicine for animals is a prominent emerging trend.
• The adoption of natural and organic excipients is increasingly shaping the market.
• The integration of digital health solutions is a significant upcoming change.
• Technological advancements and innovations in the veterinary health industry are key future trends.
Who Are the Top Competitors & Leading Players in the Veterinary Excipients Market?
The major players in the veterinary excipients market are:
• Archer Daniels Midland Company
• Badische Anilin- und Soda-Fabrik AG
• Evonik Industries AG
• DuPont de Nemours Inc
Regional Dominance: Which Area Leads the Global Veterinary Excipients Market Overview 2025: Size, Share & Growth Analysis Market?
North America was the largest region in the veterinary excipients market in 2023
