Market revenue in 2022 | USD 95.0 millions |
Market revenue in 2030 | USD 212.4 millions |
Growth rate | 10.6% (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 |
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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.
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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