Press Release

Veterinary CRO And CDMO Market to Grow with a CAGR of 8.90% through 2030

Rising focus on companion animal health and expanding pipeline of veterinary vaccines and biologics, is expected to drive the Global Veterinary CRO And CDMO Market growth in the forecast period, 2026-2030

 

According to TechSci Research report, “Veterinary CRO And CDMO Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Veterinary CRO And CDMO Market stood at USD 5.78 Billion in 2024 and is expected to reach USD 9.65 Billion by 2030 with a CAGR of 8.90% during the forecast period. The Global Veterinary CRO and CDMO Market is witnessing dynamic transformation as the complexity of veterinary therapeutics continues to evolve across species. The surge in pet ownership and the rise in pet insurance have increased expectations around advanced and tailored veterinary treatments, driving pharmaceutical companies to outsource specialized tasks to contract partners. CDMOs are seeing growing demand for flexible batch production, sterile injectable manufacturing, and packaging solutions tailored to varied dosage forms used in animal healthcare.

Emerging trends are redefining how veterinary R&D is conducted. Artificial intelligence and machine learning are being introduced to enhance predictive modeling, protocol design, and patient selection in veterinary clinical trials. Cloud-based data platforms now enable real-time collaboration between sponsors, veterinarians, and trial monitors, reducing delays and human error. Companies are exploring novel drug delivery systems for animals, such as transdermal patches and implantable devices, prompting CDMOs to develop new formulation capabilities. Environmental sustainability is also shaping contract manufacturing strategies, with growing interest in greener production methods, waste reduction, and animal-friendly testing alternatives. As veterinary innovation expands to include oncology, chronic pain, and behavioral health treatments, contract research and manufacturing providers are adjusting their service models to accommodate these emerging therapeutic domains.

The market presents notable growth opportunities, particularly in underpenetrated segments like aquaculture and exotic animal health, which require highly specialized research expertise. Biopharmaceutical firms developing novel biologics and companion animal therapeutics are increasingly seeking CDMOs with high-containment capabilities and cold chain logistics. CROs focusing on pharmacokinetics, toxicology, and epidemiological surveillance are gaining attention due to the growing intersection between animal and public health, especially within the “One Health” framework. As more countries adopt regulatory harmonization and digital submission portals, market entry barriers for contract players are expected to lower. This shift will enable emerging companies with innovative platforms, localized facilities, or modular service offerings to compete effectively in the global landscape. With rising investor interest, strategic collaborations, and public-private partnerships expanding, the Veterinary CRO and CDMO Market is poised for sustained, diversified growth beyond 2030.

 

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The Global Veterinary CRO And CDMO Market is segmented into animal, service, application, regional distribution, and company.

Based on the Application, Medical Devices emerged as the fastest growing segment in the Global Veterinary CRO And CDMO Market during the forecast period. This is driven by the rising adoption of innovative diagnostic and therapeutic technologies in animal healthcare. With increased demand for advanced tools such as implantable devices, monitoring systems, surgical instruments, and diagnostic imaging equipment tailored for veterinary use, animal health companies are increasingly turning to CROs and CDMOs for product design, testing, and regulatory support. These medical devices require rigorous validation, biocompatibility studies, and field evaluations to ensure safety and efficacy across various animal species. Veterinary CROs are offering specialized expertise in preclinical studies, usability testing, and device performance assessments, while CDMOs provide services for precision manufacturing, prototyping, and packaging.

Based on the Region, Asia-Pacific emerged as the fastest growing region in the Global Veterinary CRO And CDMO Market during the forecast period. This is driven by rising investments in pharmaceutical manufacturing infrastructure, favorable government policies promoting local production, and a surge in contract manufacturing demand for veterinary biologics and generic products. Emerging markets in the region are offering attractive opportunities for global CDMOs to set up facilities or form strategic partnerships with local players. The increasing focus on livestock productivity and disease control, especially in agriculture-driven economies, is fueling demand for vaccines, feed additives, and injectable therapeutics, thus boosting contract development and manufacturing activities. The adoption of new technologies, such as continuous manufacturing and single-use bioprocessing systems, is helping Asian CDMOs compete on a global scale by delivering high-quality, scalable, and compliant production services. As regulatory frameworks across countries like China and India continue to evolve and align with global standards, the ease of doing business for contract service providers is expected to improve significantly.

 

Major companies operating in Global Veterinary CRO And CDMO Market are:

  • Fortrea Holdings Inc.
  • Charles River Laboratories International, Inc.
  • Clinvet (Pty) Ltd.
  • KLIFOVET GmbH
  • Veterinary Research Management, Inc.
  • VETSPIN SRL
  • Inotiv, Inc.
  • IDEXX Laboratories, Inc.
  • Vetio Animal Health
  • TriRx Pharmaceutical Services, LLC

 

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The Global Veterinary CRO and CDMO Market is expanding due to the rising demand for end-to-end lifecycle management services beyond initial product approval, as veterinary pharmaceutical companies increasingly depend on contract partners to support reformulations, shelf-life extensions, labeling updates, and compliance with evolving global regulatory requirements. This trend is driven by the need to sustain competitive advantage, maximize product lifespan, and adapt existing formulations to meet changing therapeutic needs or market preferences. CDMOs and CROs offering expertise in post-marketing surveillance, pharmacovigilance, and regulatory strategy are becoming critical partners in ensuring long-term commercial success. Their ability to provide flexible, scalable, and region-specific solutions positions them as key enablers of continued innovation and market expansion.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Veterinary CRO And CDMO Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Animal (Companion Animals, Livestock Animals), By Service (Discovery, Development, Manufacturing, Packaging & Labeling, Market Approval & Post Marketing), By Application (Pharmaceuticals, Biologics, Medical Devices, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Veterinary CRO And CDMO Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Veterinary CRO And CDMO Market.

 

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Veterinary CRO And CDMO Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Animal (Companion Animals, Livestock Animals), By Service (Discovery, Development, Manufacturing, Packaging & Labeling, Market Approval & Post Marketing), By Application (Pharmaceuticals, Biologics, Medical Devices, Others), By Region and Competition, 2020-2030F

Healthcare | Jul, 2025

Growing outsourcing of R&D activities by animal health companies and increasing demand for faster veterinary drug development cycles are the factors driving the Global Veterinary CRO And CDMO Market in the forecast period 2026-2030.

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