Global Veterinary CRO Market Size and Share

Global Veterinary CRO Market (2024 - 2029)
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Global Veterinary CRO Market Analysis by Mordor Intelligence

The veterinary contract research organization market size is estimated at USD 1.18 billion in 2025 and is projected to reach USD 1.76 billion by 2030, advancing at an 8.27% CAGR over the forecast period. Demand is escalating because animal-health companies face tougher regulatory rules, rising R&D costs, and the need to speed time-to-market for novel therapeutics. Zoonotic disease emergencies such as the 2024–2025 H5N1 avian-influenza crisis have heightened the urgency for rapid vaccine development services, while regulatory fast-track schemes in the United States and Europe reward CROs that can shepherd dossiers through accelerated pathways[1]Source: U.S. Food & Drug Administration, “Animal and Veterinary Innovation Agenda,” fda.gov . Technology adoption, notably AI-enabled diagnostics and precision livestock farming data[2]Source: American Veterinary Medical Association, “Artificial Intelligence Poised to Transform Veterinary Care,” avma.org , is widening the scope of outsourced studies, and capital flows from venture investors into pet-biotech start-ups are enlarging the client base for the veterinary contract research organization market.

Key Report Takeaways

By service type, clinical trials led with 33.67% of veterinary contract research organization market share in 2024, whereas regulatory and consulting services are forecast to record the fastest 8.98% CAGR to 2030.

By animal type, companion animals captured 58.12% share of the veterinary contract research organization market size in 2024, yet livestock services are projected to expand at 9.51% CAGR between 2025–2030.

By end user, animal-health pharma and biotech companies accounted for 57.82% of the veterinary contract research organization market size in 2024; academic and research institutes will grow fastest at 9.24% CAGR through 2030.

By geography, North America commanded 42.23% share of the veterinary contract research organization market size in 2024, while Asia-Pacific is advancing at a market-leading 9.78% CAGR to 2030.

Segment Analysis

By Service Type: Clinical Trials Maintain Lead as Regulatory Consulting Surges

Clinical trials contributed 33.67% to veterinary contract research organization market share in 2024, reflecting the need for controlled, multi-site efficacy studies demanded by regulators. The sub-segment is forecast to post steady high-single-digit gains as complex biologics move through pipelines. Regulatory and consulting work, however, is projected to grow fastest at 8.98% CAGR as sponsors turn to external experts to navigate FDA innovation-agenda pilots, VICH harmonisation, and Japan’s Ministry of Agriculture protocols. Toxicology services remain indispensable because safety packages underpin all approvals, while smaller niches such as bioanalytical assay development benefit from precision-farming–enabled sample-tracking advances.

Rising study complexity drives CROs to bundle services: TriviumVet manages a 300-cat, multi-country HCM study that integrates clinical operations, imaging core labs, and central pathology services, illustrating full-service demand. AI-aided trial-design platforms cut sample-size requirements, enabling CROs to offer differentiated speed and cost metrics. Consequently, the veterinary contract research organization market is witnessing a pivot from fee-for-service models toward integrated, outcome-based contracts that lock in multi-year revenue streams.

Global Veterinary CRO Market: Market Share by Service Type
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By Animal Type: Livestock Growth Outpaces Companion Dominance

Companion animals retained a dominant 58.12% share of the veterinary contract research organization market size in 2024, underpinned by owners’ willingness to pay for premium treatments and preventive care. Longevity studies such as Loyal’s STAY trial and specialty therapeutics for canine osteoarthritis continue to funnel funds into this segment. Livestock research, although smaller, is set to register the fastest 9.51% CAGR, fuelled by precision-farming adoption, biosecurity threats, and policy focus on food security. Elanco’s collaboration with Medgene on an H5N1 dairy-cattle vaccine highlights the immediacy of large-animal needs.

Livestock projects increasingly involve complex pharmacokinetic residue studies and real-world performance endpoints captured via sensor networks. CROs able to operate on-farm under commercial conditions stand to capture premium business. Companion animal work is becoming more translational, drawing on human oncology and gene-therapy protocols, thereby raising scientific sophistication and reinforcing the growth outlook for the veterinary contract research organization market.

By End User: Academic Partnerships Deliver Quickest Upside

Animal-health pharma and biotech firms generated 57.82% of the veterinary contract research organization market size in 2024, valuing external partners for scale and regulatory depth. Yet academic and research institutes provide the steepest 9.24% CAGR through 2030, a surge catalysed by FDA-funded Animal and Veterinary Innovation Centres that pair universities with CROs to pursue unmet needs such as highly pathogenic avian influenza countermeasures. Government agencies and non-profits maintain steady outsourcing for food-safety toxicology and wildlife disease surveillance.

Notable alliances illustrate the trend Charles River Laboratories' development of nonclinical virtual control groups with Sanofi in February 2025 exemplifies how CROs are leveraging AI to reduce animal use while maintaining study integrity. Similarly, Akston Biosciences relies on partner CROs for GLP toxicology in its NCI-backed canine cancer antibody program. As grant-funded programs prioritise translational impact, CROs with publication-grade data capabilities are well positioned to absorb expanding academic demand within the veterinary contract research organization market.

Global Veterinary CRO Market: Market Share by End User
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Geography Analysis

North America held 42.23% of global revenue in 2024 thanks to the world’s largest companion-animal healthcare spend, an established FDA framework that streamlines clinical-trial approvals, and dense CRO infrastructure clusters in the United States. Capital projects such as Charles River’s CRADL expansion and Mispro’s vivarium network upgrades reinforce regional capacity. Nonetheless, compliance incidents—Inotiv’s USD 35 million welfare fine chief among them—spotlight regulatory risk that can reshuffle client allegiances. Growth in North America remains healthy but is moderating as the market approaches maturity.

Asia-Pacific is the fastest-expanding arena, predicted to hit a 9.78% CAGR through 2030. China’s 100 million-plus pet households, coupled with rapid regulatory evolution under the MARA framework, generate robust demand for local GLP and GCP expertise. Labcorp doubled large-animal capacity at its Shanghai campus and inaugurated an immunotoxicology lab to meet these requirements. Diverse national rules—from India’s CPCSEA oversight to Japan’s MAFF controls—create complexity but also premium fee opportunities for CROs offering end-to-end Asia-Pacific study governance. Precision farming roll-outs across China and Australia are adding field-study volume that supports the veterinary contract research organization market.

Europe maintains a solid share on the back of VICH coherence and an active EMA CVMP pipeline, which cleared multiple fish and poultry vaccines in December 2024. Economic softness may temper discretionary pet spending, yet public-sector grants and strong academic networks sustain research demand. South America and the Middle East & Africa are nascent but visible on the strategic horizon: Brazil is moving toward harmonised dossiers, and Gulf Cooperation Council states are formalising import-registration rules—both shifts will slowly channel new business to CROs equipped to navigate emerging-market compliance. Taken together, these dynamics underscore a geographically diversified growth profile for the veterinary contract research organization market.

Global Veterinary CRO Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The veterinary contract research organization market is moderately fragmented, with the top five providers controlling less than half of global revenue. Charles River Laboratories has executed an ambitious roll-up strategy, boosting its animal-health exposure and delivering 847% five-year revenue growth. Eurofins Scientific leverages its cross-industry laboratory network to capture multi-species toxicology work and is targeting EUR 10 billion revenue by 2027. Labcorp, Inotiv, and Argenta round out the leading cohort, each specialising in complementary niches such as immunotoxicology, bioanalytical assays, or regulatory consulting.

Strategic moves in 2024–2025 illustrate intensifying rivalry. In February 2025, Charles River and Sanofi piloted virtual control groups to cut animal use while preserving statistical power, an innovation likely to reshape bid criteria for preclinical contracts. Eurofins is deploying AI-driven histopathology to accelerate report turnaround times. Mid-tier firms respond by carving out specialty domains: Mispro popularises contract vivarium rentals for biotechs, and ClinActis offers Asia-Pacific regulatory road-mapping services.

Compliance standards serve as a competitive moat. Inotiv’s welfare-related settlement forced operational retrenchment, signalling to zoesponsors that robust quality systems are prerequisites for reliable delivery. Conversely, technology adoption opens green-field differentiation. Zoetis’ launch of AI Masses for cytologic screening hints at a future in which diagnostic data seamlessly integrate with CRO study platforms, deepening client stickiness in the veterinary contract research organization market.

Global Veterinary CRO Industry Leaders

  1. Charles Laboratories Inc.

  2. ERAVET

  3. IDEXX Laboratories, Inc.

  4. knoell

  5. Argenta Holdco Limited

  6. *Disclaimer: Major Players sorted in no particular order
Veterinary CRO Market Concentration
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Recent Industry Developments

  • June 2025: Zoetis introduced AI Masses, an in-clinic cytology module for the Vetscan Imagyst platform that uses deep learning to detect neoplastic cells
  • January 2025: Absci and Invetx launched a generative-AI antibody design collaboration for animal health, with milestone-based royalties

Table of Contents for Global Veterinary CRO Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising companion animal ownership & healthcare spending
    • 4.2.2 Regulatory incentives fast-tracking veterinary pharmaceuticals
    • 4.2.3 Increasing prevalence of zoonotic & chronic animal diseases
    • 4.2.4 Outsourcing trend to shorten time-to-market
    • 4.2.5 Precision livestock farming needs pharmacokinetic field studies
    • 4.2.6 Surge in pet-biotech VC funding requiring CRO support
  • 4.3 Market Restraints
    • 4.3.1 High cost & lengthy approval timelines for veterinary drugs
    • 4.3.2 Limited availability of large-animal research facilities
    • 4.3.3 Shortage of veterinary pathologists delaying read-outs
    • 4.3.4 Public scrutiny on animal testing & move to 3-Rs models
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Service Type (Value)
    • 5.1.1 Clinical Trials
    • 5.1.2 Toxicology
    • 5.1.3 Regulatory & Consulting
    • 5.1.4 Other Specialized Services
  • 5.2 By Animal Type (Value)
    • 5.2.1 Companion Animals
    • 5.2.2 Livestock
  • 5.3 By End User (Value)
    • 5.3.1 Animal-health Pharma & Biotech Companies
    • 5.3.2 Academic & Research Institutes
    • 5.3.3 Other End Users
  • 5.4 By Geography (Value)
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 South Korea
    • 5.4.3.5 Australia
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 GCC
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Charles River Laboratories International, Inc.
    • 6.3.2 Labcorp Drug Development
    • 6.3.3 Eurofins Scientific SE
    • 6.3.4 Envigo RMS Holding Corp. (Inotiv)
    • 6.3.5 Argenta Limited
    • 6.3.6 Clinvet International (Pty) Ltd
    • 6.3.7 IDEXX Laboratories, Inc.
    • 6.3.8 Triveritas (knoell Animal Health Ltd)
    • 6.3.9 East Tennessee Clinical Research, Inc.
    • 6.3.10 Oncovet Clinical Research
    • 6.3.11 Mispro Biotech Services Corp.
    • 6.3.12 Wageningen Bioveterinary Research
    • 6.3.13 Vetworks BV
    • 6.3.14 VDx Pathology Services
    • 6.3.15 Vectura Fertin Pharma Labs Pte Ltd
    • 6.3.16 Veeda Clinical Research Ltd.
    • 6.3.17 TriviumVet
    • 6.3.18 Altasciences Company, Inc.
    • 6.3.19 knoell Germany GmbH

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global Veterinary CRO Market Report Scope

As per the scope of the report, a contract research organization provides services such as clinical trials for veterinary medicines, quality assurance, data management, and biostatistics. The Veterinary CRO Market is segmented by Techniques (Clinical Trials Support, Quality Assurance, Others) and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Service Type (Value)
Clinical Trials
Toxicology
Regulatory & Consulting
Other Specialized Services
By Animal Type (Value)
Companion Animals
Livestock
By End User (Value)
Animal-health Pharma & Biotech Companies
Academic & Research Institutes
Other End Users
By Geography (Value)
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
By Service Type (Value) Clinical Trials
Toxicology
Regulatory & Consulting
Other Specialized Services
By Animal Type (Value) Companion Animals
Livestock
By End User (Value) Animal-health Pharma & Biotech Companies
Academic & Research Institutes
Other End Users
By Geography (Value) North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

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The onychomycosis treatment market size is USD 3.51 billion in 2025.

How fast is the market expected to grow over the next five years?

The market is forecast to expand at a 4.46% CAGR, reaching USD 4.37 billion by 2030.

Which treatment modality is growing the quickest?

Device-based therapies, particularly laser systems, are projected to grow at a 5.24% CAGR through 2030.

Why is Asia-Pacific viewed as a high-growth region?

Rising diabetes incidence, broader healthcare access, and growing consumer awareness push Asia-Pacific toward a 5.96% CAGR.

What is the main clinical challenge limiting cure rates?

High recurrence and growing resistance to azole and allylamine drugs continue to constrain long-term cure outcomes.

Which new product recently achieved rapid market leadership in Europe?

Terclara, a topical terbinafine lacquer, captured 36% value share within its first month on the Swedish market.

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