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CMO in Pharmaceutical Industry Market 2024-2028

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    Report

  • 136 Pages
  • October 2024
  • Region: Global
  • TechNavio
  • ID: 5514987
1h Free Analyst Time
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The CMO in pharmaceutical industry market size is forecast to increase by USD 40.6 million at a CAGR of 6.6% between 2023 and 2028. The pharmaceutical industry's CMO market is experiencing significant growth, driven by several key factors.

Firstly, the availability of cost-efficient resources in emerging markets is attracting CMOs to expand their operations. Secondly, the increasing number of FDA-regulated drug products under development necessitates the need for reliable CMOs to ensure drug formulation and clinical trial compliance. Supply chain issues continue to challenge CMOs, requiring quality management systems to mitigate risks and ensure timely delivery. Drug discovery and development processes are becoming increasingly complex, necessitating CMOs to stay updated with the latest technologies and regulatory requirements. In summary, the CMO market in the pharmaceutical industry is witnessing growth due to the increasing demand for FDA-approved manufacturing facilities, the need for cost-effective solutions, and the challenges posed by supply chain issues and complex drug discovery processes.

The Contract Manufacturing Organization (CMO) in the pharmaceutical industry plays a pivotal role in bringing drug products to market. This critical function involves managing various aspects of drug manufacturing, from production to quality management, ensuring regulatory compliance, and maintaining ethical standards. Biopharmaceutical startups often rely on CMOs for their manufacturing needs due to the complexities and high costs associated with in-house production. These organizations offer production capacity for drug products, drug formulation development, and clinical trial manufacturing. Manufacturing drug products involves several stages, including raw material sourcing, production, quality control, and packaging. CMOs must adhere to Current Good Manufacturing Practice (CGMP) regulations to ensure the highest standards of quality and safety. These regulations cover various aspects, such as facility design, equipment, record keeping, and personnel training.

Drug discovery is a lengthy and expensive process. Once a potential drug compound has been identified, it undergoes rigorous clinical trials to evaluate its safety and efficacy. CMOs support this process by manufacturing the drug substance and formulation for these trials. Quality management is a crucial responsibility for CMOs. FDA-regulated items require stringent quality control measures to ensure consistency, purity, and potency. CMOs must establish quality agreements with their clients and adhere to these agreements throughout the manufacturing process. Supply chain issues can significantly impact drug manufacturing. CMOs must maintain a reliable supply of raw materials and manage their inventory effectively to minimize disruptions.

Additionally, they must have contingency plans in place to address any unexpected delays or shortages. FDA regulations are essential in the pharmaceutical industry. CMOs must comply with these regulations to maintain their reputation and protect their clients' products. Non-compliance can result in reputational damage, regulatory fines, and even recalls. Maintenance is another critical aspect of CMO operations. Proper maintenance of equipment and facilities is necessary to ensure production capacity and minimize downtime. CMOs must invest in regular maintenance and upgrades to maintain their competitive edge. Labor is a significant cost for CMOs. They must hire and train skilled personnel to manage various aspects of drug manufacturing. CMOs must also ensure their workforce adheres to ethical standards and follows good manufacturing practices.

In conclusion, the role of a CMO in the pharmaceutical industry is multifaceted. They play a crucial role in drug manufacturing, from production to quality management, ensuring regulatory compliance, and maintaining ethical standards. Their expertise and capabilities are essential for biopharmaceutical startups and other organizations looking to bring drug products to market.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Service
    • API manufacturing service
    • FDF manufacturing service
  • Geography
    • Europe
      • Germany
      • UK
      • France
    • North America
      • US
    • APAC
      • China
    • Middle East and Africa
    • South America

By Service Insights

The API manufacturing service segment is estimated to witness significant growth during the forecast period. In the global Contract Manufacturing Organizations (CMO) market within the pharmaceutical industry, the API manufacturing service segment is projected to expand significantly during the forecast period. This growth is attributed to the increasing collaborations between multinational pharmaceutical companies and CMOs, particularly in countries like India and China.

The API manufacturing service segment was valued at USD 69.80 million in 2018. These partnerships provide API manufacturers with the opportunity to either compete on cost or offer unique custom synthesis capabilities. Additionally, large pharmaceutical firms are attracted to the cost-effective bulk production capabilities of Indian and Chinese manufacturers, which is a significant factor fueling the expansion of the API manufacturing segment in the CMO market for pharmaceuticals.

Regional Analysis

APAC is estimated to contribute 35% to the growth of the global market during the forecast period. The analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The European region holds a significant position in the global Contract Research Organizations (CMO) in the pharmaceutical industry, leading the market due to the high prevalence of chronic diseases, such as cancer and metabolic disorders. The presence of a large number of CMOs in Europe contributes to market growth, as these entities provide vital services from drug development to manufacturing. This assistance is indispensable for pharmaceutical companies seeking to optimize their operations and reduce costs. Europe's advanced manufacturing capabilities and rigorous regulatory standards ensure top-notch production that adheres to international guidelines, making it an alluring destination for pharmaceutical outsourcing. Additionally, the development and production of generic drugs in Europe contribute to the market's expansion, as these cost-effective alternatives cater to a vast patient population. The focus on precision medicine and technology transfer further propels the market forward, as CMOs collaborate with pharmaceutical companies to bring innovative therapeutic solutions to the market.

The researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The availability of cost-efficient resources in emerging markets is notably driving market growth. Pharmaceutical companies from developed nations are increasingly outsourcing supply chain activities, such as drugs and therapies research and manufacturing, to countries like China, India, Brazil, and Mexico. This trend is driven by several factors, including the availability of skilled labor at lower costs and the increasing number of FDA-approved manufacturing facilities in these countries.

For instance, India, which is a popular destination for Contract Research Organizations (CMOs), boasts over 100 US FDA-approved manufacturing facilities. This not only reduces production costs but also ensures regulatory compliance. These reports focus on the cost advantages and regulatory compliance as the primary reasons for this trend. Thus, such factors are driving the growth of the market during the forecast period.

Significant Market Trends

The US FDA-approved manufacturing facilities is the key trend in the market. The pharmaceutical Contract Manufacturing Organizations (CMO) industry in the global market is witnessing a significant expansion, particularly in the sector of FDA-regulated drug products. Two prominent countries, China and India, have seen an increase in US Food and Drug Administration (FDA)-approved manufacturing facilities. India, with over 400 such facilities, is a preferred destination for pharmaceutical manufacturing services outsourcing. The country boasts approximately 230 approved Active Pharmaceutical Ingredient (API) facilities and 150 Facilities for Finished Dosage Forms (FDF), the highest numbers globally.

Additionally, India ranks second for pharmaceutical formulation facilities, with approximately 147 in the country. Clinical trials, supply chain issues, and quality management are crucial aspects of the pharmaceutical industry, and these FDA-approved facilities ensure adherence to stringent regulations, addressing these concerns effectively. Thus, such trends will shape the growth of the market during the forecast period.

Major Market Challenge

The stereotypical nature of CMOs is the major challenge that affects the growth of the market. The CMO market in the pharmaceutical industry is experiencing significant growth, particularly among startups and biopharmaceutical companies. However, this market encounters a substantial challenge due to the limited capabilities of CMOs, particularly in emerging countries with the largest market shares, such as China and India.

Although advancements in healthcare infrastructure have been made, CMOs in Asia lack access to advanced manufacturing technologies. Consequently, they rely on older methods to produce drugs, primarily focusing on small molecule-based medications due to their large-scale production capacity. However, these CMOs struggle to manufacture biological drugs and vaccines on a large scale due to the intricate processes involved, which necessitate advanced technologies. Hence, the above factors will impede the growth of the market during the forecast period.

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Almac Group Ltd. - The company offers CMO products such as 14C Radiolabelling and NeoPeptides.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Almac Group Ltd.
  • Boehringer Ingelheim International GmbH
  • Cadila Pharmaceuticals Ltd.
  • Cambrex Corp.
  • Catalent Inc.
  • Chongqing Huapont Pharmaceutical Co. Ltd.
  • Cipla Inc.
  • Cmic Holdings Co. Ltd
  • Curia Global Inc.
  • Dr Reddys Laboratories Ltd.
  • FAMAR Health Care Services
  • Jubilant Pharma Ltd.
  • Lonza Group Ltd.
  • Lupin Ltd.
  • PCI Pharma Services
  • Pfizer Inc.
  • Recipharm AB
  • Samsung Biologics Co. Ltd.
  • Thermo Fisher Scientific Inc.
  • Vetter Pharma Fertigung GmbH and Co. KG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

In the pharmaceutical industry, CMOs (Contract Manufacturing Organizations) play a pivotal role in manufacturing drug products for biopharmaceutical startups and established pharma companies. CMOs offer production capacity for FDA-regulated items, ensuring adherence to CGMP regulations and ethical standards. Drug formulation and production processes are outsourced to CMOs, enabling companies to focus on drug discovery and clinical trials. Supply chain issues, such as raw material availability and quality agreement negotiations, are managed by CMOs. Quality management is a top priority, with CMOs implementing rigorous control measures to prevent risks and ensure compliance liabilities are met.

Experienced CMOs possess technological capabilities that drive process efficiencies, cost savings, and innovation. They offer infrastructure for various modalities, including monoclonal antibodies and personalized medicine, catering to the needs of chronic disease treatments. CMOs maintain a strong focus on quality and compliance, ensuring that healthcare providers receive high-quality drug products. Their expertise in technology transfer and drug development, from drug candidate identification to supply chain activities, makes them indispensable partners in the pharmaceutical industry.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Service
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on Global - Market size and forecast 2023-2028 ($ million)
  • Data Table on Global - Market size and forecast 2023-2028 ($ million)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global CMO In Pharmaceutical Industry Market 2018 - 2022
  • Historic Market Size - Data Table on Global CMO In Pharmaceutical Industry Market 2018 - 2022 ($ million)
4.2 Service segment analysis 2018 - 2022
  • Historic Market Size - Service Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
  • Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Service
6.1 Market segments
  • Chart on Service - Market share 2023-2028 (%)
  • Data Table on Service - Market share 2023-2028 (%)
6.2 Comparison by Service
  • Chart on Comparison by Service
  • Data Table on Comparison by Service
6.3 API manufacturing service - Market size and forecast 2023-2028
  • Chart on API manufacturing service - Market size and forecast 2023-2028 ($ million)
  • Data Table on API manufacturing service - Market size and forecast 2023-2028 ($ million)
  • Chart on API manufacturing service - Year-over-year growth 2023-2028 (%)
  • Data Table on API manufacturing service - Year-over-year growth 2023-2028 (%)
6.4 FDF manufacturing service - Market size and forecast 2023-2028
  • Chart on FDF manufacturing service - Market size and forecast 2023-2028 ($ million)
  • Data Table on FDF manufacturing service - Market size and forecast 2023-2028 ($ million)
  • Chart on FDF manufacturing service - Year-over-year growth 2023-2028 (%)
  • Data Table on FDF manufacturing service - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Service
  • Market opportunity by Service ($ million)
  • Data Table on Market opportunity by Service ($ million)
7 Customer Landscape
7.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
8.3 Europe - Market size and forecast 2023-2028
  • Chart on Europe - Market size and forecast 2023-2028 ($ million)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ million)
  • Data Table on North America - Market size and forecast 2023-2028 ($ million)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 APAC - Market size and forecast 2023-2028
  • Chart on APAC - Market size and forecast 2023-2028 ($ million)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.6 Middle East and Africa - Market size and forecast 2023-2028
  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.7 South America - Market size and forecast 2023-2028
  • Chart on South America - Market size and forecast 2023-2028 ($ million)
  • Data Table on South America - Market size and forecast 2023-2028 ($ million)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ million)
  • Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 Germany - Market size and forecast 2023-2028
  • Chart on Germany - Market size and forecast 2023-2028 ($ million)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.10 China - Market size and forecast 2023-2028
  • Chart on China - Market size and forecast 2023-2028 ($ million)
  • Data Table on China - Market size and forecast 2023-2028 ($ million)
  • Chart on China - Year-over-year growth 2023-2028 (%)
  • Data Table on China - Year-over-year growth 2023-2028 (%)
8.11 France - Market size and forecast 2023-2028
  • Chart on France - Market size and forecast 2023-2028 ($ million)
  • Data Table on France - Market size and forecast 2023-2028 ($ million)
  • Chart on France - Year-over-year growth 2023-2028 (%)
  • Data Table on France - Year-over-year growth 2023-2028 (%)
8.12 UK - Market size and forecast 2023-2028
  • Chart on UK - Market size and forecast 2023-2028 ($ million)
  • Data Table on UK - Market size and forecast 2023-2028 ($ million)
  • Chart on UK - Year-over-year growth 2023-2028 (%)
  • Data Table on UK - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ million)
  • Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 Almac Group Ltd.
  • Almac Group Ltd. - Overview
  • Almac Group Ltd. - Product / Service
  • Almac Group Ltd. - Key offerings
11.4 Boehringer Ingelheim International GmbH
  • Boehringer Ingelheim International GmbH - Overview
  • Boehringer Ingelheim International GmbH - Product / Service
  • Boehringer Ingelheim International GmbH - Key news
  • Boehringer Ingelheim International GmbH - Key offerings
11.5 Cadila Pharmaceuticals Ltd.
  • Cadila Pharmaceuticals Ltd. - Overview
  • Cadila Pharmaceuticals Ltd. - Product / Service
  • Cadila Pharmaceuticals Ltd. - Key offerings
11.6 Cmic Holdings Co. Ltd
  • Cmic Holdings Co. Ltd - Overview
  • Cmic Holdings Co. Ltd - Business segments
  • Cmic Holdings Co. Ltd - Key offerings
  • Cmic Holdings Co. Ltd - Segment focus
11.7 Curia Global Inc.
  • Curia Global Inc. - Overview
  • Curia Global Inc. - Product / Service
  • Curia Global Inc. - Key offerings
11.8 Dr Reddys Laboratories Ltd.
  • Dr Reddys Laboratories Ltd. - Overview
  • Dr Reddys Laboratories Ltd. - Business segments
  • Dr Reddys Laboratories Ltd. - Key news
  • Dr Reddys Laboratories Ltd. - Key offerings
  • Dr Reddys Laboratories Ltd. - Segment focus
11.9 Lonza Group Ltd.
  • Lonza Group Ltd. - Overview
  • Lonza Group Ltd. - Business segments
  • Lonza Group Ltd. - Key news
  • Lonza Group Ltd. - Key offerings
  • Lonza Group Ltd. - Segment focus
11.10 Lupin Ltd.
  • Lupin Ltd. - Overview
  • Lupin Ltd. - Business segments
  • Lupin Ltd. - Key news
  • Lupin Ltd. - Key offerings
  • Lupin Ltd. - Segment focus
11.11 Pfizer Inc.
  • Pfizer Inc. - Overview
  • Pfizer Inc. - Product / Service
  • Pfizer Inc. - Key news
  • Pfizer Inc. - Key offerings
11.12 Thermo Fisher Scientific Inc.
  • Thermo Fisher Scientific Inc. - Overview
  • Thermo Fisher Scientific Inc. - Business segments
  • Thermo Fisher Scientific Inc. - Key news
  • Thermo Fisher Scientific Inc. - Key offerings
  • Thermo Fisher Scientific Inc. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Service
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global CMO In Pharmaceutical Industry Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Service Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Service - Market share 2023-2028 (%)
Exhibits 31: Data Table on Service - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Service
Exhibits 33: Data Table on Comparison by Service
Exhibits 34: Chart on API manufacturing service - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on API manufacturing service - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on API manufacturing service - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on API manufacturing service - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on FDF manufacturing service - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on FDF manufacturing service - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on FDF manufacturing service - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on FDF manufacturing service - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Service ($ million)
Exhibits 43: Data Table on Market opportunity by Service ($ million)
Exhibits 44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 45: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 47: Chart on Geographic comparison
Exhibits 48: Data Table on Geographic comparison
Exhibits 49: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 89: Market opportunity By Geographical Landscape ($ million)
Exhibits 90: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 91: Impact of drivers and challenges in 2023 and 2028
Exhibits 92: Overview on criticality of inputs and factors of differentiation
Exhibits 93: Overview on factors of disruption
Exhibits 94: Impact of key risks on business
Exhibits 95: Companies covered
Exhibits 96: Matrix on companies position and classification
Exhibits 97: Almac Group Ltd. - Overview
Exhibits 98: Almac Group Ltd. - Product / Service
Exhibits 99: Almac Group Ltd. - Key offerings
Exhibits 100: Boehringer Ingelheim International GmbH - Overview
Exhibits 101: Boehringer Ingelheim International GmbH - Product / Service
Exhibits 102: Boehringer Ingelheim International GmbH - Key news
Exhibits 103: Boehringer Ingelheim International GmbH - Key offerings
Exhibits 104: Cadila Pharmaceuticals Ltd. - Overview
Exhibits 105: Cadila Pharmaceuticals Ltd. - Product / Service
Exhibits 106: Cadila Pharmaceuticals Ltd. - Key offerings
Exhibits 107: Cmic Holdings Co. Ltd - Overview
Exhibits 108: Cmic Holdings Co. Ltd - Business segments
Exhibits 109: Cmic Holdings Co. Ltd - Key offerings
Exhibits 110: Cmic Holdings Co. Ltd - Segment focus
Exhibits 111: Curia Global Inc. - Overview
Exhibits 112: Curia Global Inc. - Product / Service
Exhibits 113: Curia Global Inc. - Key offerings
Exhibits 114: Dr Reddys Laboratories Ltd. - Overview
Exhibits 115: Dr Reddys Laboratories Ltd. - Business segments
Exhibits 116: Dr Reddys Laboratories Ltd. - Key news
Exhibits 117: Dr Reddys Laboratories Ltd. - Key offerings
Exhibits 118: Dr Reddys Laboratories Ltd. - Segment focus
Exhibits 119: Lonza Group Ltd. - Overview
Exhibits 120: Lonza Group Ltd. - Business segments
Exhibits 121: Lonza Group Ltd. - Key news
Exhibits 122: Lonza Group Ltd. - Key offerings
Exhibits 123: Lonza Group Ltd. - Segment focus
Exhibits 124: Lupin Ltd. - Overview
Exhibits 125: Lupin Ltd. - Business segments
Exhibits 126: Lupin Ltd. - Key news
Exhibits 127: Lupin Ltd. - Key offerings
Exhibits 128: Lupin Ltd. - Segment focus
Exhibits 129: Pfizer Inc. - Overview
Exhibits 130: Pfizer Inc. - Product / Service
Exhibits 131: Pfizer Inc. - Key news
Exhibits 132: Pfizer Inc. - Key offerings
Exhibits 133: Thermo Fisher Scientific Inc. - Overview
Exhibits 134: Thermo Fisher Scientific Inc. - Business segments
Exhibits 135: Thermo Fisher Scientific Inc. - Key news
Exhibits 136: Thermo Fisher Scientific Inc. - Key offerings
Exhibits 137: Thermo Fisher Scientific Inc. - Segment focus
Exhibits 138: Inclusions checklist
Exhibits 139: Exclusions checklist
Exhibits 140: Currency conversion rates for US$
Exhibits 141: Research methodology
Exhibits 142: Information sources
Exhibits 143: Data validation
Exhibits 144: Validation techniques employed for market sizing
Exhibits 145: Data synthesis
Exhibits 146: 360 degree market analysis
Exhibits 147: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global CMO in pharmaceutical industry market: Almac Group Ltd., Boehringer Ingelheim International GmbH, Cadila Pharmaceuticals Ltd., Cambrex Corp., Catalent Inc., Chongqing Huapont Pharmaceutical Co. Ltd., Cipla Inc., Cmic Holdings Co. Ltd, Curia Global Inc., DR Reddys Laboratories Ltd., FAMAR Health Care Services, Jubilant Pharma Ltd., Lonza Group Ltd., Lupin Ltd., PCI Pharma Services, Pfizer Inc., Recipharm AB, Samsung Biologics Co. Ltd., Thermo Fisher Scientific Inc., and Vetter Pharma Fertigung GmbH and Co. KG.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is US FDA-approved manufacturing facilities."

According to the report, one of the major drivers for this market is the availability of cost-efficient resources in emerging markets.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Almac Group Ltd.
  • Boehringer Ingelheim International GmbH
  • Cadila Pharmaceuticals Ltd.
  • Cambrex Corp.
  • Catalent Inc.
  • Chongqing Huapont Pharmaceutical Co. Ltd.
  • Cipla Inc.
  • Cmic Holdings Co. Ltd
  • Curia Global Inc.
  • Dr Reddys Laboratories Ltd.
  • FAMAR Health Care Services
  • Jubilant Pharma Ltd.
  • Lonza Group Ltd.
  • Lupin Ltd.
  • PCI Pharma Services
  • Pfizer Inc.
  • Recipharm AB
  • Samsung Biologics Co. Ltd.
  • Thermo Fisher Scientific Inc.
  • Vetter Pharma Fertigung GmbH and Co. KG