Japan Veterinary Cro And Cdmo Market Size & Outlook

The veterinary cro and cdmo market in Japan is expected to reach a projected revenue of US$ 481.1 millions by 2030. A compound annual growth rate of 10.3% is expected of Japan veterinary cro and cdmo market from 2023 to 2030.
Revenue, 2022 (US$Ms)
$218.9
Forecast, 2030 (US$Ms)
$481.1
CAGR, 2023 - 2030
10.3%
Report Coverage
Japan

Japan veterinary cro and cdmo market highlights

  • The Japan veterinary cro and cdmo market generated a revenue of USD 218.9 millions in 2022 and is expected to reach USD 481.1 millions by 2030.
  • The Japan market is expected to grow at a CAGR of 10.3% 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 2022USD 218.9 millions
Market revenue in 2030USD 481.1 millions
Growth rate10.3% (CAGR from 2022 to 2030)
Largest segmentLivestock animals
Fastest growing segmentCompanion Animals
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD millions
Market segmentationCompanion Animals, Livestock Animals
Key market players worldwideLabcorp 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, Japan accounted for 3.8% 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 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 Companies

Name Profile # Employees HQ Website

Japan 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 59.71% in 2022. Horizon Databook has segmented the Japan veterinary cro and cdmo market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.


There are a large number of pet owners in Japan, and the trend of pet keeping is growing nationwide. This has led to an increase in the need for veterinary services, such as clinical trials, drug research, and manufacturing, which is fueling the expansion of the veterinary CRO and CDMO industry.

Moreover, in the country, pharmaceutical firms and veterinary CROs often collaborate together to take advantage of each other's resources and experience. CMIC Co., Ltd.; Shin Nippon Biomedical Laboratories, Ltd. (SNBL); Sumika Chemical Analysis Service, Ltd.; Interlink Co., Ltd.; JPharma Co., Ltd.; are some of the major CDMOs and CROs in the country.

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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 Japan veterinary cro and cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Japan veterinary cro and cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Japan veterinary cro and cdmo market size, by animal type, 2018-2030 (US$Ms)

Japan Veterinary CRO And CDMO Market Outlook Share, 2022 & 2030 (US$Ms)

Japan veterinary cro and cdmo market size, by animal type, 2018-2030 (US$Ms)

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