Europe Vaccine Contract Manufacturing Market Size & Outlook

The vaccine contract manufacturing market in Europe is expected to reach a projected revenue of US$ 1,944.5 million by 2030. A compound annual growth rate of 5.8% is expected of Europe vaccine contract manufacturing market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,307.5
Forecast, 2030 (US$M)
$1,944.5
CAGR, 2024 - 2030
5.8%
Report Coverage
Europe

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

Europe

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Europe vaccine contract manufacturing market highlights

  • The Europe vaccine contract manufacturing market generated a revenue of USD 1,307.5 million in 2023.
  • The market is expected to grow at a CAGR of 5.8% 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.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 1,307.5 million
Market revenue in 2030USD 1,944.5 million
Growth rate5.8% (CAGR from 2023 to 2030)
Largest segmentAttenuated vaccine
Fastest growing segmentDNA Vaccines
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Europe region accounted for 30.9% of the global vaccine contract manufacturing market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,981.3 million by 2030.

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Vaccine Contract Manufacturing Market Companies

Name Profile # Employees HQ Website

Europe 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 29.91% 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.

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Target buyers of Europe 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 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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Europe vaccine contract manufacturing market size, by country, 2018-2030 (US$M)

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

Europe vaccine contract manufacturing market size, by country, 2018-2030 (US$M)

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