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)

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 2023USD 503,419.9 million
Market revenue in 2030USD 913,650.8 million
Growth rate8.9% (CAGR from 2023 to 2030)
Largest segmentConventional drugs (small molecules)
Fastest growing segmentConventional Drugs (Small Molecules)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBiologics & 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 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)
  • 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

  • Our clientele includes a mix of pharmaceutical manufacturing 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.).
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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.

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Global pharmaceutical manufacturing market size, by regions, 2018-2030 (US$M)

Top 10 countries: Pharmaceutical manufacturing market size, 2023 (US$M)

Global pharmaceutical manufacturing market share, by molecule type, 2023 & 2030 (%, US$M)

Pharmaceutical manufacturing market: Opportunity assessment by country

Global pharmaceutical manufacturing market, by region, 2023 (US$M)

Global pharmaceutical manufacturing market size, by regions, 2018-2030 (US$M)

Related regional statistics

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