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Global Pharmaceutical Contract Manufacturing Strategic Business Report 2023: Strong Rise in Pharmaceutical Sales to Drive Demand for Pharmaceutical Contract Manufacturing



Dublin, March 24, 2023 (GLOBE NEWSWIRE) — The “Pharmaceutical Contract Manufacturing: Global Strategic Business Report” report has been added to’s offering.

The global market for Pharmaceutical Contract Manufacturing estimated at US$107.9 Billion in the year 2022, is projected to reach a revised size of US$159.8 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030.

API/Bulk Drugs, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$94.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Advanced Drug Delivery Formulations segment is readjusted to a revised 4.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $32.6 Billion, While China is Forecast to Grow at 6.3% CAGR

The Pharmaceutical Contract Manufacturing market in the U.S. is estimated at US$32.6 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$27.2 Billion by the year 2030 trailing a CAGR of 6.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Select Competitors (Total 192 Featured) –

  • Abbvie Inc
  • Aenova Group
  • Ajinomoto Althea, Inc.
  • Alcami Corporation
  • Almac Group
  • Baxter International, Inc.
  • Boehringer Ingelheim GmbH
  • Catalent Pharma Solutions, Inc.
  • Cobra Biologics Holding AB
  • CordenPharma International
  • Dishman Group
  • Evonik Industries AG
  • Famar Health Care Services
  • Fareva Group
  • Jubilant Life Sciences Limited
  • Kemwell Biopharma Pvt. Ltd.
  • Lonza Group Ltd.
  • LTS Lohmann Therapie-Systeme AG
  • NextPharma Technologies Holding Ltd.
  • Nipro Pharma Corporation
  • Recipharm AB
  • Siegfried AG
  • Thermo Fisher Scientific Inc
  • Vetter Pharma International GmbH

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report Attribute Details
No. of Pages 528
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $107.9 Billion
Forecasted Market Value (USD) by 2030 $159.8 Billion
Compound Annual Growth Rate 5.0%
Regions Covered Global

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Pharmaceutical Contract Manufacturing – A Prelude
  • COVID-19 Breaks All Things Normal, Pushes Pharmaceutical Industry Into an Era of Change
  • COVID-19 Exposes US Pharmaceutical Makers to Risk of Supply Shortages
  • US Federal Government & FDA Take Unprecedented, Bold Steps to Deal with Shortage of Pharmaceuticals
  • What Does this Spell for Pharmaceutical Outsourcing & Contract Manufacturing?
  • Market Outlook
  • The US and Europe Constitute the Largest Markets for PCM
  • Asia-Pacific to Drive the PCM Market Growth
  • Competition
  • M&A Activity High in the Contract Manufacturing Space
  • Pharmaceutical Contract Manufacturing – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Strong Rise in Pharmaceutical Sales to Drive Demand for Pharmaceutical Contract Manufacturing
  • Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025
  • Emergence of Outsourcing Trend Bodes Well for CDMOs
  • Pharmaceutical Contract Manufacturers Adopt Advanced Manufacturing Technologies
  • Embracing Emerging Technologies
  • Exploring & Exploiting New Technologies for Rich Dividends
  • Rapid Growth of Generic Drugs Drives Demand for Pharma Contract Manufacturing
  • Leading Drugs Facing Patent Expiry in the US in 2020
  • Global Generic Drugs Market Size (in $ Billion) for the Years 2016, 2019, 2020 & 2025
  • Increasing Significance of Biologic Drugs Fuels Innovations Supports Demand for Pharmaceutical Contract Manufacturing Market
  • Global Biologic Drugs Market Size (in US$ Billion) for the Years 2019, 2022 & 2025
  • Aging Population & Increasing Burden of Chronic Diseases Spurs Pharma Product Sales, Driving Market Growth
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Persistent Increase in Pharmaceutical R&D Bodes Well for PCM
  • Pharmaceutical R&D Spending Worldwide (USD Billion): 2015-2025
  • Increasing Sales of OTC Drugs Presents an Opportunity for Pharma Contract Manufacturing Market
  • Global OTC Drugs Market Breakdown by Product (in %): 2020E
  • Increasing Outsourcing of Clinical Trials to Emerging Markets
  • New Technology Promises to Improve Sterile Manufacturing Process
  • Serialization Drives New Design Developments in Pharma Sector




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