Mexico Veterinary Cro And Cdmo Market Size & Outlook

The veterinary cro and cdmo market in Mexico is expected to reach a projected revenue of US$ 212.4 millions by 2030. A compound annual growth rate of 10.6% is expected of Mexico veterinary cro and cdmo market from 2023 to 2030.
Revenue, 2022 (US$Ms)
$95.0
Forecast, 2030 (US$Ms)
$212.4
CAGR, 2023 - 2030
10.6%
Report Coverage
Mexico

Mexico veterinary cro and cdmo market highlights

  • The Mexico veterinary cro and cdmo market generated a revenue of USD 95.0 millions in 2022 and is expected to reach USD 212.4 millions by 2030.
  • The Mexico market is expected to grow at a CAGR of 10.6% 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 95.0 millions
Market revenue in 2030USD 212.4 millions
Growth rate10.6% (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, Mexico accounted for 1.6% 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 Latin America, Brazil veterinary cro and cdmo market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 212.4 millions by 2030.

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Veterinary CRO And CDMO Market Scope

Veterinary cro and cdmo market segmentation & scope
Companion Animals
Livestock Animals
Discovery
Early Phase/Preclinical
Late phase/Clinical
Manufacturing
Packaging & Labeling
Market Approval & Post Marketing
Pharmaceuticals
Biologics
Others
Medical Devices

Veterinary CRO And CDMO Market Companies

Name Profile # Employees HQ Website

Mexico 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 59.47% in 2022. Horizon Databook has segmented the Mexico veterinary cro and cdmo market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.


The Mexican government has employed incentives and policies to promote the growth of the biotechnology and pharmaceutical industries, including the veterinary sector. These government initiatives provide funding, support, and incentives to veterinary CDMOs, encouraging their growth and development.

Moreover, the government continuously undertakes initiatives for raising awareness about veterinary health. For instance, according to data published by WHO, through a vaccination program run by the Mexican government, Mexico became the first nation in the world to gain WHO recognition for eliminating canine-transmitted rabies as a public health concern.

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Target buyers of Mexico veterinary cro and cdmo market databook

  • Our clientele includes a mix of veterinary cro and cdmo market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico veterinary cro and cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Mexico veterinary cro and cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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