API CDMO Services Market Revenue was valued at USD 10.2 Billion in 2024 and is estimated to reach USD 18.5 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
The global API CDMO services market was valued at USD 10.5 billion in 2022, with a projected Compound Annual Growth Rate (CAGR) of 7.2% from 2023 to 2030. The markets growth is driven by increasing demand for contract manufacturing organizations (CMOs) that provide comprehensive services across the pharmaceutical industry. These services range from early stage drug development to commercial production, including the manufacturing of active pharmaceutical ingredients (APIs). As more pharmaceutical companies seek cost effective and efficient solutions, the demand for API CDMO services continues to rise. In 2022, North America dominated the market, contributing approximately 38% of the total revenue, primarily due to the presence of major pharmaceutical companies and a high rate of outsourcing in the region. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by countries like China and India, which offer cost advantages and advanced manufacturing capabilities in API production.
In terms of regional analysis, Europe followed North America in market share, accounting for nearly 30% in 2022. The increasing trend of pharmaceutical outsourcing and stringent regulatory frameworks in Europe are key factors driving the demand for API CDMO services. The Middle East & Africa and Latin America markets are anticipated to grow at a moderate pace, with the Middle East benefiting from increasing healthcare investments and Latin America experiencing steady demand due to expanding pharmaceutical markets. The Asia Pacific regions growth is largely fueled by a rising number of pharmaceutical and biopharmaceutical manufacturers and the adoption of advanced technologies in API production. The markets expansion across all regions is expected to provide significant opportunities for players in the API CDMO services industry over the next several years.
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EUROAPI
Cambrex
Recipharm
Thermo Fisher Scientific
CordenPharma
Samsung Biologics
Lonza
Catalent
Siegfried
PiramalPharma Solutions
Boehringer-Ingelheim
Wuxi Apptec
Pharmaron Beijing
Asymchem Laboratories (Tianjin)
Porton
SEQENS
Lebsa
Langhua Pharma
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global API CDMO Services Market
Process Development
Manufacturing
Analytical Services
Quality Control
Regulatory Support
Small Molecule APIs
Biologics
Synthetic APIs
Natural APIs
Advanced Therapeutics
Pharmaceutical Companies
Biotechnology Firms
Contract Research Organizations (CROs)
Academic Institutions
Startups and Emerging Biotech Firms
Large Scale Production
Medium Scale Production
Small Scale Production
Custom Synthesis
Batch Production
Continuous Flow Technology
Chemical Synthesis
Biotechnological Processes
Hybrid Processes
Green Chemistry Techniques
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global API CDMO Services Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global API CDMO Services Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global API CDMO Services Market, By Type
6. Global API CDMO Services Market, By Application
7. Global API CDMO Services Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global API CDMO Services Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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