Mexico Small Molecule Innovator Cdmo Market Size & Outlook
Mexico small molecule innovator cdmo market, 2018-2030 (US$M)
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Mexico small molecule innovator cdmo market highlights
- The Mexico small molecule innovator cdmo market generated a revenue of USD 704.6 million in 2023 and is expected to reach USD 960.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, small molecule api was the largest revenue generating product in 2023.
- Small Molecule API is the most lucrative product segment registering the fastest growth during the forecast period.
Small molecule innovator cdmo market data book summary
| Market revenue in 2023 | USD 704.6 million |
| Market revenue in 2030 | USD 960.1 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Small molecule api |
| Fastest growing segment | Small Molecule API |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Molecule API, Small Molecule Drug Product |
| Key market players worldwide | Wuxi AppTec Co Ltd, EQT Corp, Thermo Fisher Scientific Inc, Lonza Group Ltd, Catalent Inc, Siegfried Holding AG, Boehringer Ingelheim, Labcorp Holdings Inc, Piramal Pharma Solutions, CordenPharma, Cambrex |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global small molecule innovator cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil small molecule innovator cdmo market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,910.9 million by 2030.
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Small Molecule Innovator CDMO Market Scope
Small Molecule Innovator CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico small molecule innovator cdmo 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 small molecule innovator cdmo market will help companies and investors design strategic landscapes.
Small molecule api was the largest segment with a revenue share of 61.67% in 2023. Horizon Databook has segmented the Mexico small molecule innovator cdmo market based on small molecule api, small molecule drug product covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is the second-largest pharmaceutical market in Latin America after Brazil, and the 15th largest pharmaceutical market worldwide, according to data updated in November 2023 by the International Trade Administration.
Furthermore, 51% of the nation's pharmaceutical market is made up of patented medications; 35% is made up of generic drugs; and the remaining 14% is made up of OTC goods.
Therefore, it is anticipated that Mexico's demand for innovative small molecules will increase due to the expanding pharmaceutical industry, driving market growth over the projected period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico small molecule innovator cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Mexico small molecule innovator cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico small molecule innovator cdmo market size, by product, 2018-2030 (US$M)
Mexico Small Molecule Innovator CDMO Market Outlook Share, 2023 & 2030 (US$M)
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