Asia Pacific Veterinary Cro And Cdmo Market Size & Outlook
Asia Pacific veterinary cro and cdmo market, 2018-2030 (US$Ms)
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Asia Pacific veterinary cro and cdmo market highlights
- The Asia Pacific veterinary cro and cdmo market generated a revenue of USD 1,535.7 millions in 2022.
- The market is expected to grow at a CAGR of 9.9% from 2023 to 2030.
- In terms of segment, livestock animals was the largest revenue generating animal type in 2022.
- Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,535.7 millions |
| Market revenue in 2030 | USD 3,276.9 millions |
| Growth rate | 9.9% (CAGR from 2022 to 2030) |
| Largest segment | Livestock animals |
| Fastest growing segment | Companion Animals |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Companion Animals, Livestock Animals |
| Key market players worldwide | Labcorp Holdings Inc, Charles River Laboratories International Inc, Hannover Rueck SE, Inotiv Inc, IDEXX Laboratories Inc, Zoetis Inc Class A, Swedencare AB, Clinvet, Oncovet Clinical Research, knoell, Vetspin |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.5% of the global veterinary cro and cdmo market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,276.9 millions by 2030.
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Veterinary CRO And CDMO Market Scope
Veterinary CRO And CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific veterinary cro and cdmo market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary cro and cdmo market will help companies and investors design strategic landscapes.
Livestock animals was the largest segment with a revenue share of 59.6% in 2022. Horizon Databook has segmented the Asia Pacific veterinary cro and cdmo market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
The Veterinary CRO and CDMO market in the Asia Pacific region is expected to witness significant growth over the coming years. This is due to expansions in the emerging market, as some countries in the region, such as China and India, are developing their economies. The veterinary industry is expected to provide lucrative opportunities for expansion and investment.
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Target buyers of Asia Pacific veterinary cro and cdmo market databook
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Our clientele includes a mix of veterinary cro and cdmo market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific veterinary cro and cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific veterinary cro and cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific veterinary cro and cdmo market size, by country, 2018-2030 (US$Ms)
Asia Pacific Veterinary CRO And CDMO Market Outlook Share, 2022 & 2030 (US$Ms)
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