Animal Health Active Pharmaceutical Ingredients Market Trends and Demand 2017-2025
Animal Health Active Pharmaceutical Ingredients Market | 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.
Animal Health Active Pharmaceutical Ingredients Market | 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.
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- animal-health-api
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Western regulatory agencies are taking stringent actions on the APIs produced<br />
in these region. The companies engaged in production are facing challenges<br />
while bridging the gap between cost <strong>and</strong> the quality of APIs. Strict validations<br />
<strong>and</strong> guidelines set by regulatory agencies are expected to hamper the growth of<br />
API market in APAC region.<br />
Europe to Remain the Second Largest <strong>Market</strong> for <strong>Animal</strong> <strong>Health</strong> APIs<br />
Europe is expected to remain the second largest market for animal health active<br />
pharmaceutical ingredients. Most of the leading healthcare companies operating<br />
through Europe continuously require bulk amount of animal grade APIs. In<br />
addition, consumption of animal grade API has increased substantially over the<br />
past few years. Spain is one of the largest consumer of animal-grade<br />
antimicrobial APIs in Europe.<br />
APIs can facilitate productivity enhancement, which is of significant value to<br />
the animal healthcare industry. Such factors are expected to augment the growth<br />
of animal health API market in EU. Stringent approval process implemented by<br />
the European Medicinal Agency (EMA) only permits registered APIs for their<br />
use in production of pharmaceuticals. This is likely to result shortage of<br />
intermediates <strong>and</strong> materials. The stringent guidelines as well as fragmented<br />
market are likely to curb the market growth of animal grade API in Europe.<br />
Request <strong>and</strong> Download Sample Report@<br />
https://www.persistencemarketresearch.com/samples/16972<br />
Antiparasitics to Remain in Large Dem<strong>and</strong> in the <strong>Market</strong><br />
• Anti-parasitics expected to be the largely adopted active pharmaceutical<br />
ingredient in the market<br />
• Frequent bacterial infection to pets dem<strong>and</strong>s Anti-infective, which in turn<br />
projected to account for the largest revenue by <strong>2025</strong>-end<br />
• Revenues from the sale of anesthetics <strong>and</strong> NSIDs will remain same as<br />
compared to the collective revenues of anti-parasitics <strong>and</strong> anti-infectives<br />
Key market players profiled in PMR’s report include Glenmark <strong>Pharmaceutical</strong><br />
Limited., Zoetis, Inc., Eli Lilly & Co., Sanofi Winthrop Industrie (CEPiA),<br />
Indukern, S.A., Ofichem BV, P&R S.p.A (Olon S.p.A), Lonza Group AG,<br />
Huvepharma AD, Ourofino Saude <strong>Animal</strong>, Blanver Farmoquimica E<br />
Farmaceutica S.A., Zhejiang Hisun <strong>Pharmaceutical</strong> Co., Ltd, Changzhou<br />
Yabang-Qh Pharmachem Co., Ltd., Shanghai Pharmtech Co., Ltd., Ningxia