India Active Pharmaceutical Ingredient Cdmo Market Size & Outlook

The active pharmaceutical ingredient cdmo market in India is expected to reach a projected revenue of US$ 20,807.4 million by 2033. A compound annual growth rate of 10.7% is expected of India active pharmaceutical ingredient cdmo market from 2025 to 2033.
Revenue, 2024 (US$M)
$8,360.6
Forecast, 2033 (US$M)
$20,807.4
CAGR, 2025 - 2033
10.7%
Report Coverage
India

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India active pharmaceutical ingredient cdmo market, 2021-2033 (US$M)

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India active pharmaceutical ingredient cdmo market highlights

  • The India active pharmaceutical ingredient cdmo market generated a revenue of USD 8,360.6 million in 2024 and is expected to reach USD 20,807.4 million by 2033.
  • The India market is expected to grow at a CAGR of 10.7% from 2025 to 2033.
  • In terms of segment, traditional active pharmaceutical ingredient (traditional api) was the largest revenue generating product in 2024.
  • Antibody Drug Conjugate (ADC) is the most lucrative product segment registering the fastest growth during the forecast period.


Active pharmaceutical ingredient cdmo market data book summary

Market revenue in 2024USD 8,360.6 million
Market revenue in 2033USD 20,807.4 million
Growth rate10.7% (CAGR from 2025 to 2033)
Largest segmentTraditional active pharmaceutical ingredient (traditional api)
Fastest growing segmentAntibody Drug Conjugate (ADC)
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationTraditional Active Pharmaceutical Ingredient (Traditional API), Highly Potent Active Pharmaceutical Ingredient (HP-API), Antibody Drug Conjugate (ADC)
Key market players worldwideRecipharm, Thermo Fisher Scientific Inc, Samsung BioLogics, Lonza Group Ltd, Catalent Inc, Siegfried Holding AG, Piramal Pharma Solutions, Boehringer Ingelheim, Cambrex, CordenPharma


Other key industry trends

  • In terms of revenue, India accounted for 7.8% of the global active pharmaceutical ingredient cdmo market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China active pharmaceutical ingredient cdmo market is projected to lead the regional market in terms of revenue in 2033.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 20,807.4 million by 2033.

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Active Pharmaceutical Ingredient CDMO Market Companies

Name Profile # Employees HQ Website
Cambrex View profile 1001-5000 East Rutherford, New Jersey, United States, North America http://www.cambrex.com
CordenPharma View profile 5001-10000 Plankstadt, Baden-Wurttemberg, Germany, Europe http://cordenpharma.com
Piramal Pharma Solutions View profile 1001-5000 Riverview, Michigan, United States, North America http://www.piramalpharmasolutions.com/
Samsung BioLogics View profile 1001-5000 Incheon, Inch'on-jikhalsi, South Korea, Asia https://www.samsungbiologics.com/
Recipharm View profile 1001-5000 Jordbro, Stockholms Lan, Sweden, Europe http://www.recipharm.com
Siegfried Holding AG View profile 4180 Untere Bruehlstrasse 4, Zofingen, Switzerland, CH-4800 https://www.siegfried.ch
Catalent Inc View profile 17219 14 Schoolhouse Road, Somerset, NJ, United States, 08873 https://www.catalent.com
Boehringer Ingelheim View profile 10001+ Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe https://www.boehringer-ingelheim.com/
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Lonza Group Ltd View profile 18000 Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 https://www.lonza.com

India active pharmaceutical ingredient 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 active pharmaceutical ingredient cdmo market will help companies and investors design strategic landscapes.


Traditional active pharmaceutical ingredient (traditional api) was the largest segment with a revenue share of 47.87% in 2024. Horizon Databook has segmented the India active pharmaceutical ingredient cdmo market based on traditional active pharmaceutical ingredient (traditional api), highly potent active pharmaceutical ingredient (hp-api), antibody drug conjugate (adc) covering the revenue growth of each sub-segment from 2021 to 2033.


India accounted for 19.5% of Asia Pacific’s market in 2020. Low cost of labor, improvements in infrastructure, and easy availability of technical expertise are expected to be some of the major drivers of India’s market over the forecast period.

Increase in government funding for R&D to accelerate new product development has made India a highly favored location for the establishment of manufacturing services. Key market drivers include increase in regulatory focus on quality control for manufacturing operations and rapid uptake of local outsourcing services by global pharmaceutical companies.

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Horizon Databook provides a detailed overview of country-level data and insights on the India active pharmaceutical ingredient cdmo market , including forecasts for subscribers. This country databook contains high-level insights into India active pharmaceutical ingredient cdmo market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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India Product - Active Pharmaceutical Ingredient Cdmo Market size, 2024 - 2033 (US$M)

India Active Pharmaceutical Ingredient CDMO Market Outlook Share, 2024 & 2033 (US$M)

India Product - Active Pharmaceutical Ingredient Cdmo Market size, 2024 - 2033 (US$M)

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