Thailand Pharmaceutical Cdmo Market Size & Outlook
Thailand pharmaceutical cdmo market, 2018-2030 (US$M)
Related Markets
Thailand pharmaceutical cdmo market highlights
- The Thailand pharmaceutical cdmo market generated a revenue of USD 1,812.7 million in 2023 and is expected to reach USD 2,954.3 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7.2% 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 1,812.7 million |
| Market revenue in 2030 | USD 2,954.3 million |
| Growth rate | 7.2% (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, Thailand accounted for 1.2% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Pharmaceutical CDMO Market Scope
Pharmaceutical CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 81.64% in 2023. Horizon Databook has segmented the Thailand pharmaceutical cdmo market based on api, drug product covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand is one of the fastest-growing economies globally and the second-largest among Southeast Asian countries. The country offers low-cost manufacturing activities, thereby witnessing a steady increase in pharmaceutical contract development and manufacturing services.
Some of the leading companies are Boehringer Ingelheim GmbH, Lonza AG, and Thermo Fisher Scientific, Inc. Thailand has been focusing on improving its healthcare infrastructure and promoting high-quality drug production.
Attracting international pharmaceutical companies to partner with local manufacturers for pharmaceutical CDMOs. Major players in the pharmaceutical CDMO market are expanding their manufacturing capabilities and capacities to meet the increasing demand for pharmaceuticals in Thailand.
Reasons to subscribe to Thailand pharmaceutical cdmo market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Thailand pharmaceutical cdmo market databook
-
Our clientele includes a mix of pharmaceutical cdmo market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand pharmaceutical cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Thailand pharmaceutical cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Thailand pharmaceutical cdmo market size, by product, 2018-2030 (US$M)
Thailand Pharmaceutical CDMO Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
