Germany Veterinary Cro And Cdmo Market Size & Outlook
Germany veterinary cro and cdmo market, 2018-2030 (US$Ms)
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Germany veterinary cro and cdmo market highlights
- The Germany veterinary cro and cdmo market generated a revenue of USD 332.1 millions in 2022 and is expected to reach USD 570.5 millions by 2030.
- The Germany market is expected to grow at a CAGR of 7% 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.
Veterinary cro and cdmo market data book summary
| Market revenue in 2022 | USD 332.1 millions |
| Market revenue in 2030 | USD 570.5 millions |
| Growth rate | 7% (CAGR from 2022 to 2030) |
| Largest segment | Livestock animals |
| Fastest growing segment | Companion Animals |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Germany accounted for 5.7% of the global veterinary cro and cdmo market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany veterinary cro and cdmo market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 251.5 millions by 2030.
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Veterinary CRO And CDMO Market Scope
Veterinary CRO And CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 59.68% in 2022. Horizon Databook has segmented the Germany veterinary cro and cdmo market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is considered to be the leading market for veterinary CRO & CDMO across Europe. Growth in the country can be underpinned by the presence of key companies providing contract manufacturing services.
For instance, KLIFOVET GmbH, a comprehensive contract research and development organization based in Munich, Germany, provides studies, regulatory affairs, quality assurance, GMP-compliant clinical supplies services, paper-based and electronic data management, and statistical analyses for the animal health and nutrition industries.
According to the German Drug Law, KLIFOVET holds a manufacturing license for the marking and repackaging of veterinary clinical supplies. In addition, KLIFOVET is licensed as a wholesale distributor for veterinary pharmaceuticals, feed, and feed additives.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany veterinary cro and cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Germany veterinary cro and cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany veterinary cro and cdmo market size, by animal type, 2018-2030 (US$Ms)
Germany Veterinary CRO And CDMO Market Outlook Share, 2022 & 2030 (US$Ms)
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