South Africa Large Molecule Drug Substance Cdmo Market Size & Outlook
South Africa large molecule drug substance cdmo market, 2018-2030 (US$M)
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South Africa large molecule drug substance cdmo market highlights
- The South Africa large molecule drug substance cdmo market generated a revenue of USD 64.2 million in 2023 and is expected to reach USD 107.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, contract manufacturing was the largest revenue generating service in 2023.
- Contract Development is the most lucrative service segment registering the fastest growth during the forecast period.
Large molecule drug substance cdmo market data book summary
| Market revenue in 2023 | USD 64.2 million |
| Market revenue in 2030 | USD 107.3 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Contract manufacturing |
| Fastest growing segment | Contract Development |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Contract Manufacturing, Contract Development |
| Key market players worldwide | Eurofins Scientific SE, WuXi Biologics (Cayman) Inc, Catalent Inc, AGC Inc, Siegfried Holding AG, Boehringer Ingelheim, FUJIFILM Holdings Corp, Samsung BioLogics, Rentschler Biopharma SE, Recipharm |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global large molecule drug substance cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa large molecule drug substance cdmo market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 71.3 million by 2030.
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Large Molecule Drug Substance CDMO Market Scope
Large Molecule Drug Substance CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa large molecule drug substance 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 large molecule drug substance cdmo market will help companies and investors design strategic landscapes.
Contract manufacturing was the largest segment with a revenue share of 66.98% in 2023. Horizon Databook has segmented the South Africa large molecule drug substance cdmo market based on contract manufacturing, contract development covering the revenue growth of each sub-segment from 2018 to 2030.
The South African market is expected to exhibit growth owing to well-established infrastructure, diverse patient population, skilled researchers, presence of separate drug regulatory agency, and easy patient recruitment.
In Africa, the South Africa is the most developed owing to its well-established healthcare industry and presence of key companies. Companies conduct trials for HIV and tuberculosis and hire staff locally.
According to Pharma Boardroom, diversity in patient pool and huge investments in the field of research are making South Africa a strategic hub for clinical trials, which is increasing presence of CROs in the country.
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Our clientele includes a mix of large molecule drug substance cdmo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa large molecule drug substance cdmo market , including forecasts for subscribers. This country databook contains high-level insights into South Africa large molecule drug substance cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa large molecule drug substance cdmo market size, by service, 2018-2030 (US$M)
South Africa Large Molecule Drug Substance CDMO Market Outlook Share, 2023 & 2030 (US$M)
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