Pharmaceutical Contract Manufacturing in North America Expected to Surpass $105.42 Billion by 2030

 

Meticulous Research®, a leading global market research company, published a research report titled, 'North America Pharmaceutical Contract Development and Manufacturing Market by Service {Manufacturing [API, FDF (Parenteral, Tablet, Capsule, Oral Liquid)], Drug Development, Biologics Manufacturing, Packaging}, End User [Large Pharma] - Forecast to 2030.’

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Meticulous Research® forecasts the North American pharmaceutical contract development and manufacturing market to reach $105.42 billion by 2030, with a 7.1% CAGR from 2024 to 2030. This growth is driven by factors such as the rising prevalence of chronic diseases, growing health awareness, an aging population, and increasing pharmaceutical R&D spending. Additional growth drivers include cost-efficient manufacturing processes, government backing for drug research, and enhanced healthcare infrastructure. However, the shortage of skilled professionals remains a challenge. Emerging opportunities in the market include the growing demand for personalized medicine, cell and gene therapies, and advancements in high-potency active pharmaceutical ingredients (HPAPI) and antibody-drug conjugates (ADC).

Key Industry Players:
Leading players in the market include Thermo Fisher Scientific Inc. (U.S.), Catalent, Inc. (U.S.), C.H. Boehringer Sohn AG & Co. KG (Germany), Synoes Health, Inc. (U.S.), Curia Global, Inc. (U.S.), Cambrex Corporation (U.S.), FUJIFILM Diosynth Biotechnology (U.S.), Samsung Biologics (South Korea), Siegfried Holding AG (Switzerland), Aenova Group (Germany), WuXi Biologics (China), and Vetter Pharma International GmbH (Germany).

Market Overview:
The market is segmented by service type, with pharmaceutical manufacturing services—including active pharmaceutical ingredient (API) and finished dosage form (FDF) services—expected to hold the largest share in 2024. This dominance is attributed to the need for cost reduction in manufacturing, rapid time-to-market, large-scale production, and increasing demand for generic drugs. Generic pharmaceutical companies are forecasted to experience the highest growth, driven by competitive pricing, the adoption of advanced technologies, and support from contract manufacturing partners.

Regional Overview:
Covering the U.S. and Canada, the U.S. is predicted to dominate the market in 2024, due to the presence of leading pharmaceutical companies, recurring drug shortages, and financial strength among small to mid-sized firms. These firms are also innovating in cell and gene therapy production. Catalent Inc.’s 2021 acquisition of Promethera’s cell therapy subsidiary supports commercial-scale plasmid DNA (pDNA) manufacturing, expanding capabilities for the growing cell and gene therapy pipeline.

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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