India Pharmaceutical Cdmo Market Size & Outlook, 2023-2030
India pharmaceutical cdmo market, 2018-2030 (US$M)
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India pharmaceutical cdmo market highlights
- The India pharmaceutical cdmo market generated a revenue of USD 12,544.3 million in 2023 and is expected to reach USD 21,730.0 million by 2030.
- The India market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, api was the largest revenue generating product in 2023.
- API is the most lucrative product segment registering the fastest growth during the forecast period.
Pharmaceutical cdmo market data book summary
| Market revenue in 2023 | USD 12,544.3 million |
| Market revenue in 2030 | USD 21,730.0 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Api |
| Fastest growing segment | API |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | API, Drug Product |
| Key market players worldwide | Lonza Group Ltd, Thermo Fisher Scientific Inc, Labcorp Holdings Inc, Catalent Inc, Wuxi AppTec Co Ltd, Siegfried Holding AG, Nipro Corp, Piramal Pharma Solutions, Recipharm Venture Fund, CordenPharma, Cambrex, Bushu Pharmaceuticals, Seqens |
Other key industry trends
- In terms of revenue, India accounted for 8.6% of the global pharmaceutical cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pharmaceutical cdmo market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 30,630.9 million by 2030.
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Pharmaceutical CDMO Market Scope
Pharmaceutical CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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India pharmaceutical 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 pharmaceutical cdmo market will help companies and investors design strategic landscapes.
Api was the largest segment with a revenue share of 81.56% in 2023. Horizon Databook has segmented the India pharmaceutical cdmo market based on api, drug product covering the revenue growth of each sub-segment from 2018 to 2030.
India is emerging as one of the lucrative markets for pharmaceutical contract development and manufacturing across the globe. This can be attributed to low costs, the availability of industry experts, and the presence of WHO-cGMP-compliant facilities.
Furthermore, some of the key players in India’s pharmaceutical contract development and manufacturing services are Wuxi AppTec; Charles River Laboratories International, Inc.; IQVIA; Recipharm AB; and Catalent, Inc.Several CMOs & CROs operating in India have expanded their facilities to meet the growing demand for pharmaceuticals.
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Our clientele includes a mix of pharmaceutical cdmo market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India pharmaceutical cdmo market , including forecasts for subscribers. This country databook contains high-level insights into India pharmaceutical cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India pharmaceutical cdmo market size, by product, 2018-2030 (US$M)
India Pharmaceutical CDMO Market Outlook Share, 2023 & 2030 (US$M)
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