China Vaccine Contract Manufacturing Market Size & Outlook

The vaccine contract manufacturing market in China is expected to reach a projected revenue of US$ 502.7 million by 2030. A compound annual growth rate of 4.8% is expected of China vaccine contract manufacturing market from 2024 to 2030.
Revenue, 2023 (US$M)
$361.4
Forecast, 2030 (US$M)
$502.7
CAGR, 2024 - 2030
4.8%
Report Coverage
China

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

China

Related Markets

China vaccine contract manufacturing market highlights

  • The China vaccine contract manufacturing market generated a revenue of USD 361.4 million in 2023 and is expected to reach USD 502.7 million by 2030.
  • The China market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
  • In terms of segment, attenuated vaccine was the largest revenue generating vaccine type in 2023.
  • DNA Vaccines is the most lucrative vaccine type segment registering the fastest growth during the forecast period.


Vaccine contract manufacturing market data book summary

Market revenue in 2023USD 361.4 million
Market revenue in 2030USD 502.7 million
Growth rate4.8% (CAGR from 2023 to 2030)
Largest segmentAttenuated vaccine
Fastest growing segmentDNA Vaccines
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAttenuated Vaccine, Inactivated Vaccine, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines
Key market players worldwideLonza Group Ltd, FUJIFILM Holdings Corp, Merck KGaA, Catalent Inc, Icon PLC, Syngene, Curia, Ajinomoto Co Inc, IDT Biologika


Other key industry trends

  • In terms of revenue, China accounted for 8.6% of the global vaccine contract manufacturing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, India vaccine contract 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 598.6 million by 2030.

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Vaccine Contract Manufacturing Market Scope

Vaccine contract manufacturing market segmentation & scope
Attenuated Vaccine
Inactivated Vaccine
Subunit Vaccines
Toxoid Vaccines
DNA Vaccines
Fill & Finish Operations
Analytical & QC studies
Packaging
Mammalian Expression Systems
Bacterial Expression Systems
Yeast Expression Systems
Baculovirus/Insect Expression Systems
Others
Human-use
Veterinary

Vaccine Contract Manufacturing Market Companies

Name Profile # Employees HQ Website

China 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 29.61% in 2023. Horizon Databook has segmented the China 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.


China is a cost-effective market for vaccine contract manufacturing. Moreover, Chinese CMOs adhere to cGMP standards and have improved regulatory oversight, which ensures superior quality. Thus, increasing demand for superior quality and ongoing advancements in the pharmaceutical sector are expected to continue driving the vaccine contract manufacturing market in China.

Some of the key companies providing vaccine contract manufacturing for pharmaceuticals in China are Catalent, Inc. and Lonza. The expansion of key players in China's vaccine contract manufacturing market has positively impacted their service quality, ensuring that manufactured products meet the highest quality and safety standards.

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Target buyers of China vaccine contract manufacturing market databook

  • Our clientele includes a mix of vaccine contract 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 vaccine contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into China vaccine contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China vaccine contract manufacturing market size, by vaccine type, 2018-2030 (US$M)

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

China vaccine contract manufacturing market size, by vaccine type, 2018-2030 (US$M)

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