Market revenue in 2023 | USD 914.2 million |
Market revenue in 2030 | USD 2,260.0 million |
Growth rate | 13.8% (CAGR from 2023 to 2030) |
Largest segment | Interferons |
Fastest growing segment | Growth Hormones |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Growth Hormones, Interferons, Vaccines, Immunostimulating Agents |
Key market players worldwide | Lonza Group Ltd, Catalent Inc, FUJIFILM Holdings Corp, WuXi Biologics (Cayman) Inc, Batavia Biosciences, Richter-Helm, Curia, HALIX, Biovian, Enzene Biosciences |
Interferons was the largest segment with a revenue share of 21.45% in 2023. Horizon Databook has segmented the France recombinant protein therapeutics cdmo market based on growth hormones, interferons, vaccines, immunostimulating agents covering the revenue growth of each sub-segment from 2018 to 2030.
The French pharmaceutical industry is a technology-driven, innovative, and densely populated industry with high levels of technological & logistical expertise. The biopharmaceutical services industry in the country has benefited from the recent trends in the biopharmaceutical landscape, as many manufacturers have divested their clinical research, development, and manufacturing with new technology & manufacturing facilities.
Furthermore, key initiatives undertaken by the companies are expected to drive the market growth in the country. For instance, in October 2023, LFB Biomanufacturing, a subsidiary of the LFB Group specializing in the production of therapeutic proteins through cell culture, is initiating a project to enhance its bioproduction capacity.
The endeavor is backed by funding from the “France 2030” plan. This strategic initiative for LFB aims to double the industrial capacities of its Ales site, consequently boosting the bioproduction of innovative therapies in France.
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