Market revenue in 2023 | USD 361.4 million |
Market revenue in 2030 | USD 502.7 million |
Growth rate | 4.8% (CAGR from 2023 to 2030) |
Largest segment | Attenuated vaccine |
Fastest growing segment | DNA Vaccines |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Attenuated Vaccine, Inactivated Vaccine, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines |
Key market players worldwide | Lonza Group Ltd, FUJIFILM Holdings Corp, Merck KGaA, Catalent Inc, Icon PLC, Syngene, Curia, Ajinomoto Co Inc, IDT Biologika |
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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.
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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