Canada Pharmaceutical Manufacturing Market Size & Outlook

The pharmaceutical manufacturing market in Canada is expected to reach a projected revenue of US$ 32,502.0 million by 2030. A compound annual growth rate of 9.2% is expected of Canada pharmaceutical manufacturing market from 2024 to 2030.
Revenue, 2023 (US$M)
$17,589.1
Forecast, 2030 (US$M)
$32,502.0
CAGR, 2024 - 2030
9.2%
Report Coverage
Canada

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Canada pharmaceutical manufacturing market, 2018-2030 (US$M)

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Canada pharmaceutical manufacturing market highlights

  • The Canada pharmaceutical manufacturing market generated a revenue of USD 17,589.1 million in 2023 and is expected to reach USD 32,502.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
  • In terms of segment, conventional drugs (small molecules) was the largest revenue generating molecule type in 2023.
  • Conventional Drugs (Small Molecules) is the most lucrative molecule type segment registering the fastest growth during the forecast period.


Pharmaceutical manufacturing market data book summary

Market revenue in 2023USD 17,589.1 million
Market revenue in 2030USD 32,502.0 million
Growth rate9.2% (CAGR from 2024 to 2030)
Largest segmentConventional drugs (small molecules)
Fastest growing segmentConventional Drugs (Small Molecules)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBiologics & Biosimilars (Large Molecules), Conventional Drugs (Small Molecules)
Key market players worldwideRoche Holding AG ADR, Novartis AG ADR, GlaxoSmithKline, Pfizer Inc, Merck & Co Inc, AstraZeneca PLC, Johnson & Johnson, Sanofi SA, Eli Lilly and Co, AbbVie Inc, Thermo Fisher Scientific Inc, Wuxi AppTec Co Ltd, Samsung BioLogics, FUJIFILM Holdings Corp, Lonza Group Ltd, Catalent Inc, Jubilant Pharmova


Other key industry trends

  • In terms of revenue, Canada accounted for 3.5% of the global pharmaceutical manufacturing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. pharmaceutical manufacturing market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 32,502.0 million by 2030.

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Pharmaceutical Manufacturing Market Companies

Name Profile # Employees HQ Website
Jubilant Pharmova View profile 10001+ Noida, Uttar Pradesh, India, Asia https://www.jubilantpharmova.com
GlaxoSmithKline View profile 10001+ London, England, United Kingdom, Europe http://www.gsk.com
Samsung BioLogics View profile 1001-5000 Incheon, Inch'on-jikhalsi, South Korea, Asia https://www.samsungbiologics.com/
AstraZeneca PLC View profile 89900 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA https://www.astrazeneca.com
Catalent Inc View profile 17219 14 Schoolhouse Road, Somerset, NJ, United States, 08873 https://www.catalent.com
Wuxi AppTec Co Ltd View profile 41116 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 https://www.wuxiapptec.com
Eli Lilly and Co View profile 43000 Lilly Corporate Center, Indianapolis, IN, United States, 46285 https://www.lilly.com
Merck & Co Inc View profile 72000 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 https://www.merck.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
FUJIFILM Holdings Corp View profile 83784 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 http://www.fujifilmholdings.com
Lonza Group Ltd View profile 18000 Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 https://www.lonza.com
Sanofi SA View profile 87994 46, avenue de la Grande Armée, Paris, France, 75017 https://www.sanofi.com
Pfizer Inc View profile 88000 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 https://www.pfizer.com
AbbVie Inc View profile 50000 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 http://www.abbvieinvestor.com
Roche Holding AG ADR View profile 103605 Grenzacherstrasse 124, Basel, Switzerland, 4070 https://www.roche.com
Novartis AG ADR View profile 76057 Lichtstrasse 35, Basel, Switzerland, 4056 https://www.novartis.com
Johnson & Johnson View profile 134400 One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 https://www.jnj.com

Canada 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 52.48% in 2023. Horizon Databook has segmented the Canada 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.


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Target buyers of Canada pharmaceutical manufacturing market databook

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada pharmaceutical manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Canada pharmaceutical manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada pharmaceutical manufacturing market size, by molecule type, 2018-2030 (US$M)

Canada Pharmaceutical Manufacturing Market Outlook Share, 2023 & 2030 (US$M)

Canada pharmaceutical manufacturing market size, by molecule type, 2018-2030 (US$M)

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