Global Contract Manufacturing Market to 2032

Overview

The Global Contract Manufacturing Market is expected to reach a 434.36 USD Billion by 2032 and is projected to grow at a CAGR of 7.10% from 2025 to 2032.

Revenue, 2024 (USD Billion)
262.63
Forecast, 2032 (USD Billion)
434.36
CAGR, 2024 - 2032
7.10%
Report Coverage
Global

Global Contract Manufacturing Market 2018-2032 USD Billion

Global Contract Manufacturing Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 262.63 USD Billion
  • Projected Market Size (2032): 434.36 USD Billion
  • CAGR (2025-2032): 7.10%

Key Findings of Global Contract Manufacturing Market

  • The Global Contract Manufacturing Market was valued at 434.36 USD Billion in 2024.
  • The Global Contract Manufacturing Market is likely to grow at a CAGR of 7.10% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Retail Sales in Distribution Channel Segment accounted for the largest share of the market with a revenue of 211.68 USD Billion
  • The fastest growing segment Pharmaceutical Companies in End User Segment grew Fastest with a CAGR of 8.34% during the forecast period from 2024 to 2032.

Global Contract Manufacturing Market Scope

Global Contract Manufacturing Market Segmentation & Scope
Product
  • Pharmaceutical Products Manufacturing
  • Medical Device Manufacturing
End User
  • Pharmaceutical Companies
  • Biotechnology Companies
  • Biopharma Companies
  • Medical Device Companies
  • Original Equipment Manufacturer
  • Research Institutes
Distribution Channel
  • Retail Sales
  • Direct Tender
  • Others

Global Contract Manufacturing Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 262.63 USD Billion
Market Value in 2032 434.36 USD Billion
CAGR (2025-2032) 7.10%
Historic Data 2016-2023
Market Segments Covered Product,End User,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 262.63 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 52,169.13 USD Million in 2024.

Segments and Scope

  • Global Contract Manufacturing Market to 2032, By Product
    • Pharmaceutical Products Manufacturing is the largest segment in Global Contract Manufacturing Market to 2032 with a revenue of 163.59 USD Billion in the year 2024.
    • Pharmaceutical Products Manufacturing is the Fastest growing segment in Global Contract Manufacturing Market to 2032 with a Growth rate of 7.16 % in forecast period 2025-2032.
  • Global Contract Manufacturing Market to 2032, By End User
    • Pharmaceutical Companies is the largest segment in Global Contract Manufacturing Market to 2032 with a revenue of 82.61 USD Billion in the year 2024.
    • Pharmaceutical Companies is the Fastest growing segment in Global Contract Manufacturing Market to 2032 with a Growth rate of 8.34 % in forecast period 2025-2032.
  • Global Contract Manufacturing Market to 2032, By Distribution Channel
    • Retail Sales is the largest segment in Global Contract Manufacturing Market to 2032 with a revenue of 211.68 USD Billion in the year 2024.
    • Retail Sales is the Fastest growing segment in Global Contract Manufacturing Market to 2032 with a Growth rate of 7.30 % in forecast period 2025-2032.

Global Contract Manufacturing Market Company Share Analysis

 
Company Name Company Share Analysis
Nipro
Lonza
Thermo Fisher Scientific Inc.
Sun Pharmaceutical Industries Ltd.
Pfizer Inc.
Global Contract Manufacturing Market Company Share Analysis

Global Contract Manufacturing Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Contract Manufacturing Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Contract Manufacturing Market Company Profiling

Global Contract Manufacturing Market Company Profiling
Frequently Asked Questions
The Global Contract Manufacturing Market is segmented based on Segmentation Product,End User,Distribution Channel.
Global Contract Manufacturing Market was valued at USD 262.63(Revenue in USD Billion) in 2021.
Global Contract Manufacturing Market is projected to grow at a CAGR of 7.10% during the forecast period of 2024 to 2032.
The Retail Sales segment is expected to dominate the Global Contract Manufacturing Market, holding a largest market share of 211.68 USD Billion in 2024

Global Contract Manufacturing Market Scope

Global Contract Manufacturing Market Segmentation & Scope
Product
  • Pharmaceutical Products Manufacturing
  • Medical Device Manufacturing
End User
  • Pharmaceutical Companies
  • Biotechnology Companies
  • Biopharma Companies
  • Medical Device Companies
  • Original Equipment Manufacturer
  • Research Institutes
Distribution Channel
  • Retail Sales
  • Direct Tender
  • Others
Frequently Asked Questions
The Global Contract Manufacturing Market is segmented based on Segmentation Product,End User,Distribution Channel.
Global Contract Manufacturing Market was valued at USD 262.63(Revenue in USD Billion) in 2021.
Global Contract Manufacturing Market is projected to grow at a CAGR of 7.10% during the forecast period of 2024 to 2032.
The estimated market value of the Global Contract Manufacturing Market for final year is USD 434.36 (USD Billion).

Global Contract Manufacturing Market Company Profiling

Global Contract Manufacturing Market Company Profiling
Frequently Asked Questions
The Global Contract Manufacturing Market is segmented based on Segmentation Product,End User,Distribution Channel.
Global Contract Manufacturing Market was valued at USD 262.63(Revenue in USD Billion) in 2021.
Global Contract Manufacturing Market is projected to grow at a CAGR of 7.10% during the forecast period of 2024 to 2032.
The estimated market value of the Global Contract Manufacturing Market for final year is USD 434.36 (USD Billion).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.