China Pharmaceutical Manufacturing Market Size & Outlook

The pharmaceutical manufacturing market in China is expected to reach a projected revenue of US$ 60,687.7 million by 2030. A compound annual growth rate of 10.2% is expected of China pharmaceutical manufacturing market from 2024 to 2030.
Revenue, 2023 (US$M)
$30,654.2
Forecast, 2030 (US$M)
$60,687.7
CAGR, 2024 - 2030
10.2%
Report Coverage
China

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

China

China pharmaceutical manufacturing market highlights

  • The China pharmaceutical manufacturing market generated a revenue of USD 30,654.2 million in 2023 and is expected to reach USD 60,687.7 million by 2030.
  • The China market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
  • In terms of segment, conventional drugs (small molecules) was the largest revenue generating molecule type in 2023.
  • Biologics & Biosimilars (Large 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 30,654.2 million
Market revenue in 2030USD 60,687.7 million
Growth rate10.2% (CAGR from 2023 to 2030)
Largest segmentConventional drugs (small molecules)
Fastest growing segmentBiologics & Biosimilars (Large 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, China accounted for 6.1% 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 Asia Pacific, China pharmaceutical manufacturing market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 41,144.9 million by 2030.

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Pharmaceutical Manufacturing Market Companies

Name Profile # Employees HQ Website

China 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 65.92% in 2023. Horizon Databook has segmented the China 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.


  • China 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)
  • China Pharmaceutical Manufacturing Drug Development Type Outlook (Revenue, USD Million, 2018-2030)
    • Outsource
    • In-house
  • China Pharmaceutical Manufacturing Formulation Outlook (Revenue, USD Million, 2018-2030)
    • Tablets
    • Capsules
    • Injectables
    • Sprays
    • Suspensions
    • Powders
    • Other Formulations
  • China Pharmaceutical Manufacturing Routes of Administration Outlook (Revenue, USD Million, 2018-2030)
    • Oral
    • Topical
    • Parenterals
    • Inhalations
    • Other Routes of Administration
  • China Pharmaceutical Manufacturing Therapy Area Outlook (Revenue, USD Million, 2018-2030)
    • Cardiovascular Diseases
    • Pain
    • Diabetes
    • Cancer
    • Respiratory Diseases
    • Other Diseases
  • China Pharmaceutical Manufacturing Prescription Requirements Outlook (Revenue, USD Million, 2018-2030)
    • Prescription Medicines
    • Over-the-counter (OTC) Medicines
  • China Pharmaceutical Manufacturing Age Type Outlook (Revenue, USD Million, 2018-2030)
    • Children & Adolescents
    • Adults
    • Geriatric
  • China Pharmaceutical Manufacturing Sales Channel Outlook (Revenue, USD Million, 2018-2030)
    • Retail
    • Non-retail

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Target buyers of China 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.).
  • 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 China pharmaceutical manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into China pharmaceutical manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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