India Veterinary Cro And Cdmo Market Size & Outlook
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India veterinary cro and cdmo market highlights
- The India veterinary cro and cdmo market generated a revenue of USD 547.2 millions in 2024 and is expected to reach USD 1,007.0 millions by 2030.
- The India market is expected to grow at a CAGR of 10.8% from 2025 to 2030.
- In terms of segment, livestock animals was the largest revenue generating animal type in 2024.
- 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 2024 | USD 547.2 millions |
| Market revenue in 2030 | USD 1,007.0 millions |
| Growth rate | 10.8% (CAGR from 2025 to 2030) |
| Largest segment | Livestock animals |
| Fastest growing segment | Companion Animals |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 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, India accounted for 8.1% of the global veterinary cro and cdmo market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China veterinary cro and cdmo market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,007.0 millions by 2030.
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Veterinary CRO And CDMO Market Scope
Veterinary CRO And CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vetspin | View profile | 11-50 | Borgo Di Tossignano, Emilia-Romagna, Italy, Europe | https://www.vetspin.com |
| Oncovet Clinical Research | View profile | 11-50 | Loos, Nord-Pas-de-Calais, France, Europe | http://www.oncovet-clinical-research.com |
| Clinvet | View profile | 251-500 | Bloemfontein, NA - South Africa, South Africa, Africa | https://www.clinvet.com |
| knoell | View profile | 251-500 | Cardiff, Cardiff, United Kingdom, Europe | https://www.knoellconsult.co.uk |
| Swedencare AB | View profile | 552 | Per Albin Hanssons Vag 41, Medeon Science Park, Malmo, Sweden, 214 32 | https://www.swedencare.se |
| Hannover Rueck SE | View profile | 3756 | Karl-Wiechert-Allee 50, Hannover, NI, Germany, 30625 | https://www.hannover-re.com |
| Inotiv Inc | View profile | 2055 | 2701 Kent Avenue, West Lafayette, IN, United States, 47906 | https://www.inotivco.com |
| IDEXX Laboratories Inc | View profile | 11000 | One IDEXX Drive, Westbrook, ME, United States, 04092 | https://www.idexx.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
| Zoetis Inc Class A | View profile | 14100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.zoetis.com |
India 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 65.15% in 2024. Horizon Databook has segmented the India veterinary cro and cdmo market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
The growing livestock sector in the country is a major driver of the market. India has a large and continually growing veterinary services sector, driven by the largest livestock population in the world.
According to the data published by Department of Animal Husbandry and Dairying in 2019, the total livestock population in the was 535.82 million, which includes 109.85 million buffaloes, 192.52 million cattle, 9.06 million pigs, 148.88 million goats, 74.26 million sheep, 851.81 million poultry population, and 850,000 other livestock population.
Thus, increased development and production of veterinary drugs, vaccinations, and other animal health products is needed for the expansion of the livestock industry. Veterinary CDMOs and CROs play an important role in catering to the needs of the livestock industry.
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Target buyers of India 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 country-level data and insights on the India veterinary cro and cdmo market , including forecasts for subscribers. This country databook contains high-level insights into India veterinary cro and cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India veterinary cro and cdmo market size, by animal type, 2018-2030 (US$Ms)
India Veterinary CRO And CDMO Market Outlook Share, 2024 & 2030 (US$Ms)
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