Safeguarding Animal Health: The Pivotal Role of Veterinary APIs
The global veterinary active pharmaceutical ingredient (API) market is experiencing robust growth, projected to expand from $8.5 billion in 2023 to $11.9 billion by 2028, with a compound annual growth rate (CAGR) of 6.9%. This thriving market is fueled by several factors, including the rising prevalence of transboundary and zoonotic diseases, an increase in the global animal population and pet ownership, and the implementation of improved disease control and prevention measures. Download a PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=91801752 Growth Drivers: 1. Transboundary and Zoonotic Diseases: The growing concern over diseases that can rapidly spread across borders and between animals and humans, such as avian influenza, rabies, and African swine fever, has led to an increased demand for effective veterinary APIs. These APIs are crucial for developing therapeutics that target specific pathogens, reduce symptom severity, and aid in the recovery of inf...