Market revenue in 2023 | USD 1,307.5 million |
Market revenue in 2030 | USD 1,944.5 million |
Growth rate | 5.8% (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 |
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 29.91% in 2023. Horizon Databook has segmented the Europe 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.
Europe was the second-largest contributor to the vaccine contract manufacturing market with a 31.0% share in 2023. Furthermore, government bodies and funding agencies have played a pivotal role in funding vaccine research.
Moreover, presence of the European Investment Bank (EIB) financing facilities which are engaged in supporting R&D of vaccines for combating infectious diseases through various initiatives is expected to drive the country market.
For example, InnovFin Infectious Diseases initiative by the EIB aimed at stimulating investments for the development of innovative vaccines. These factors are contributing to the segment growth over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe vaccine contract manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe vaccine contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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