Global Vaccine Contract Manufacturing Market Size & Outlook
Global vaccine contract manufacturing market, 2018-2030 (US$M)
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Global vaccine contract manufacturing market highlights
- The global vaccine contract manufacturing market generated a revenue of USD 4,224.4 million in 2023 and is expected to reach USD 6,354.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6% by 2030.
- In terms of segment, attenuated vaccine accounted for a revenue of USD 1,264.7 million in 2023.
- DNA Vaccines is the most lucrative vaccine 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, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,224.4 million |
| Market revenue in 2030 | USD 6,354.5 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Attenuated vaccine |
| Fastest growing segment | DNA Vaccines |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Attenuated Vaccine, Inactivated Vaccine, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines |
Other key industry trends
- In terms of revenue, the North America accounted for 33.6% of the global vaccine contract manufacturing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 29.2 million by 2030.
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Vaccine Contract Manufacturing Market Scope
Vaccine Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vaccine contract 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 vaccine contract manufacturing market will help companies and investors design strategic landscapes.
Attenuated vaccine was the largest segment with a revenue share of 29.94% in 2023. Horizon Databook has segmented the Global vaccine contract manufacturing market based on attenuated vaccine, inactivated vaccine, subunit vaccines, toxoid vaccines, dna vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vaccine Contract Manufacturing Vaccine Type Outlook (Revenue, USD Million, 2018-2030)
- Attenuated Vaccine
- Inactivated Vaccine
- Subunit Vaccines
- Toxoid Vaccines
- DNA Vaccines
- Global Vaccine Contract Manufacturing Workflow Outlook (Revenue, USD Million, 2018-2030)
- Downstream
- Fill & Finish Operations
- Analytical & QC studies
- Packaging
- Upstream
- Mammalian Expression Systems
- Bacterial Expression Systems
- Yeast Expression Systems
- Baculovirus/Insect Expression Systems
- Others
- Downstream
- Global Vaccine Contract Manufacturing Application Outlook (Revenue, USD Million, 2018-2030)
- Human-use
- Veterinary
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Target buyers of Global vaccine contract manufacturing market databook
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Our clientele includes a mix of vaccine contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 global-level data and insights on the Global vaccine contract manufacturing market , including forecasts for subscribers. This global databook contains high-level insights into Global vaccine contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global vaccine contract manufacturing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Vaccine contract manufacturing market size, 2023 (US$M)
Global vaccine contract manufacturing market share, by vaccine type, 2023 & 2030 (%, US$M)
Vaccine contract manufacturing market: Opportunity assessment by country
Global vaccine contract manufacturing market, by region, 2023 (US$M)
| Vaccine Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 707.1 | 813.8 | 945.5 | 1,110.4 | 1,274.8 | 1,418.4 | 1,543.0 | 1,656.7 | 1,752.5 | 1,846.9 | 1,926.3 | 1,998.3 | 2,069.0 | 5.5% |
| Europe | 643.2 | 742.2 | 864.6 | 1,018.1 | 1,172.0 | 1,307.5 | 1,426.2 | 1,535.5 | 1,628.7 | 1,721.2 | 1,800.2 | 1,872.8 | 1,944.5 | 5.8% |
| Asia Pacific | 595.7 | 693.1 | 814.0 | 966.3 | 1,121.3 | 1,261.0 | 1,386.5 | 1,504.7 | 1,608.6 | 1,713.4 | 1,806.1 | 1,893.5 | 1,981.4 | 6.7% |
| Latin America | 68.7 | 79.6 | 93.1 | 110.2 | 127.4 | 142.8 | 156.5 | 169.2 | 180.3 | 191.4 | 201.1 | 210.2 | 219.2 | 6.3% |
| MEA | 46.8 | 54.0 | 62.8 | 73.9 | 85.1 | 94.8 | 103.4 | 111.2 | 117.9 | 124.5 | 130.2 | 135.3 | 140.4 | 5.8% |
| Overall | 2,061.4 | 2,382.5 | 2,780.2 | 3,278.9 | 3,780.6 | 4,224.4 | 4,615.6 | 4,977.4 | 5,288.1 | 5,597.4 | 5,863.8 | 6,110.1 | 6,354.6 | 6.0% |
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