Saudi Arabia Veterinary Cro And Cdmo Market Size & Outlook
Saudi Arabia veterinary cro and cdmo market, 2018-2030 (US$Ms)
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Saudi Arabia veterinary cro and cdmo market highlights
- The Saudi Arabia veterinary cro and cdmo market generated a revenue of USD 44.8 millions in 2022 and is expected to reach USD 95.3 millions by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.9% 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 44.8 millions |
| Market revenue in 2030 | USD 95.3 millions |
| Growth rate | 9.9% (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, Saudi Arabia accounted for 0.8% 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 Middle East & Africa, South Africa veterinary cro and cdmo market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 142.8 millions by 2030.
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Veterinary CRO And CDMO Market Scope
Veterinary CRO And CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 59.6% in 2022. Horizon Databook has segmented the Saudi Arabia veterinary cro and cdmo market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
As large number of established players are entering Saudi Arabia, the country is expected to witness gradual growth over the projected period. Growing consumer knowledge about animal healthcare is anticipated to boost market demand.
The majority of dogs in Saudi Arabia are of enormous breeds, making the country home to the largest percentage of giant dogs in the world. Rabies is a public health concern in the country, and it can have negative effects on human as well as animal health.
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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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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 Saudi Arabia veterinary cro and cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia veterinary cro and cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia veterinary cro and cdmo market size, by animal type, 2018-2030 (US$Ms)
Saudi Arabia Veterinary CRO And CDMO Market Outlook Share, 2022 & 2030 (US$Ms)
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