Global Pharmaceutical Manufacturing Market Size & Outlook
The pharmaceutical manufacturing industry worldwide is expected to reach a projected revenue of US$ 913,650.8 million by 2030. A compound annual growth rate of 8.9% is expected of the worldwide pharmaceutical manufacturing industry from 2024 to 2030.
Revenue, 2023 (US$M)
$503,419.9
Forecast, 2030 (US$M)
$913,650.8
CAGR, 2024 - 2030
8.9%
Report Coverage
Worldwide
Global pharmaceutical manufacturing market, 2018-2030 (US$M)
Related Markets
Global pharmaceutical manufacturing market highlights
- The global pharmaceutical manufacturing market generated a revenue of USD 503,419.9 million in 2023 and is expected to reach USD 913,650.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.9% by 2030.
- In terms of segment, conventional drugs (small molecules) accounted for a revenue of USD 273,802.0 million in 2023.
- Conventional Drugs (Small Molecules) is the most lucrative molecule type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 503,419.9 million |
| Market revenue in 2030 | USD 913,650.8 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Conventional drugs (small molecules) |
| Fastest growing segment | Conventional Drugs (Small Molecules) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics & Biosimilars (Large Molecules), Conventional Drugs (Small Molecules) |
Other key industry trends
- In terms of revenue, the North America accounted for 41.3% of the global pharmaceutical manufacturing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 355.3 million by 2030.
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Pharmaceutical Manufacturing Market Scope
Pharmaceutical manufacturing market segmentation & scope
Monoclonal Antibodies
Vaccines
Cell & Gene Therapy
Others
Conventional Drugs (Small Molecules)
Pharmaceutical Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pharmaceutical manufacturing 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 manufacturing market will help companies and investors design strategic landscapes.
conventional drugs (small molecules) was the largest segment with a revenue share of 54.39% in 2023. Horizon Databook has segmented the Global pharmaceutical manufacturing market based on biologics & biosimilars (large molecules), conventional drugs (small molecules) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pharmaceutical Manufacturing Molecule Type Outlook (Revenue, USD Million, 2018-2030)
- Biologics & Biosimilars (Large Molecules)
- Monoclonal Antibodies
- Vaccines
- Cell & Gene Therapy
- Others
- Conventional Drugs (Small Molecules)
- Biologics & Biosimilars (Large Molecules)
- Global Pharmaceutical Manufacturing Drug Development Type Outlook (Revenue, USD Million, 2018-2030)
- Outsource
- In-house
- Global Pharmaceutical Manufacturing Formulation Outlook (Revenue, USD Million, 2018-2030)
- Tablets
- Capsules
- Injectables
- Sprays
- Suspensions
- Powders
- Other Formulations
- Global Pharmaceutical Manufacturing Routes of Administration Outlook (Revenue, USD Million, 2018-2030)
- Oral
- Topical
- Parenterals
- Inhalations
- Other Routes of Administration
- Global Pharmaceutical Manufacturing Therapy Area Outlook (Revenue, USD Million, 2018-2030)
- Cardiovascular Diseases
- Pain
- Diabetes
- Cancer
- Respiratory Diseases
- Other Diseases
- Global Pharmaceutical Manufacturing Prescription Requirements Outlook (Revenue, USD Million, 2018-2030)
- Prescription Medicines
- Over-the-counter (OTC) Medicines
- Global Pharmaceutical Manufacturing Age Type Outlook (Revenue, USD Million, 2018-2030)
- Children & Adolescents
- Adults
- Geriatric
- Global Pharmaceutical Manufacturing Sales Channel Outlook (Revenue, USD Million, 2018-2030)
- Retail
- Non-retail
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Target buyers of Global pharmaceutical manufacturing market databook
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Our clientele includes a mix of pharmaceutical manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 global-level data and insights on the Global pharmaceutical manufacturing market , including forecasts for subscribers. This global databook contains high-level insights into Global pharmaceutical manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global pharmaceutical manufacturing market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical manufacturing market size, 2023 (USD Million)
Top 10 countries: Pharmaceutical manufacturing market size, 2023 (USD Million)
Global pharmaceutical manufacturing market, by region, 2023 (US$M)
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Related regional statistics
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