Pharmaceutical Contract Manufacturing Market 2020 Analysis by Top Key Manufacturers - Aenova Group, Famar SA, Baxter Biopharma Solutions (Baxter International Inc.), Lonza Group AG 

The Pharmaceutical contract manufacturing Market report is the most important research for who looks for complete information on the Pharmaceutical contract manufacturing market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendor's information. The forecast market information, SWOT analysis, Pharmaceutical contract manufacturing market scenario, and feasibility study are the vital aspects analyzed in this report.

The pharmaceutical contract manufacturing market was valued at USD 26.30 billion in 2019 and is expected to reach USD 43.93 billion by 2025, at a CAGR of 7.75% over the forecast period 2020- 2025.

With the growing demand for generic medicines and biologics, the capital-intensive nature of the business, and the complex manufacturing requirements, many pharmaceutical companies have identified the potential profitability in contracting with a CMO (contract manufacturing outsourcing) for both clinical and commercial stage manufacturing. Additionally, pharmaceutical companies have been directing their priorities toward the core areas of competency, and hence, prefer not to dispense available resources, expertise, and technology on formulating the final dose of medicines.

Top Key Players:

Catalent Inc., Recipharm AB, Jubilant Life Sciences Ltd, Thermo Fisher Scientific Inc. (Patheon Inc.), Boehringer Ingelheim Group, Pfizer CentreSource (Pfizer Inc.), Aenova Group, Famar SA, Baxter Biopharma Solutions (Baxter International Inc.), Lonza Group AG 

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In order to adapt to the paradigm shift in the biotechnology industry and the present biopharmaceutical industry trends, CMOs have decided to move away from solely renting manufacturing units to a business model that offers extensive development and production support.
CMOs and contract development and manufacturing organizations (CDMO) individually or together have started offering many specialized, value-added services for customers with early-stage development needs and for those who require support to generate a biologics license application (BLA) enabling process validation data package.
CMOs have begun offering early development support to their customers, along with fully integrated services, which include specialized services like aseptic fillfinish. Though the concept of CDMO was introduced earlier, it has been fully realized over the last few years.
- The costs invested in R&D are continuously increasing, and yet the useful results returned from these processes are becoming rarer. Many companies have realized that moving this part of the business overseas and taking advantage of the still-emerging pharmaceutical markets is an effective method of cutting costs.

Scope of the Report

A contract manufacturing organization (CMO), called a contract development and manufacturing organization (CDMO), is a company that serves other companies in the pharmaceutical industry on a contract basis to provide comprehensive services from drug development through drug manufacturing. This allows major pharmaceutical companies to outsource those aspects of the business, which can help with scalability or can allow the major company to focus on drug discovery and drug marketing

Key Market Trends

Active Pharmaceutical Ingredient (API) Manufacturing is Expected to Register a Significant Growth

- The demand for API manufacturing has witnessed a sustained rise in the past few years, and it is expected to continue growing steadily, with further patent expiries expected in the future and a subsequent increase in global generic production capacities. Most of the companies in this industry are increasingly focusing on the development of biological APIs, which is driving the API market. The general prescription drug sub-segment occupies a major share in the API manufacturing segment, as compared to OTC drugs.
- Other factors driving the growth of the API segment include stringent government initiatives in the healthcare sector, innovation in biologics, and a rise in the incidence of cancer and age-related diseases. However, strict European regulatory policies may hinder the segments growth.
- Captive manufacturers are currently leading the API market; however, they are slowly expected to lose their market share to contract manufacturers toward the end of the forecast period. This is due to the complex and expensive in-house manufacturing of API and increasing competition from emerging players in this industry.The increasing emphasis on high-potency APIs is driving the growth of the segment. The novel technologies for HPAPIs can potentially change the in-out balance of CMOs in this fast-growing segment.

United States is Expected to Account for a Major Share

- The United States, which in in North America, is the worlds largest market for drugs and accounts for almost half of the R&D spending in pharmaceutical and biotechnology markets. Hence, CMOs play a critical role in this market and have invested in new facilities and technologies to cater to a wide range of outsourcers.The United States is expected to face strong competition from Asia-Pacific CMO providers, especially in solid dose formation.
- The consolidation of CMOs is expected to occur within the next five years, as the competitors will either leave the industry, or abandon a specific area within the industry, or go out of business. This improves the pricing power of value-added CMOs.
- Companies, such as Catalent and Patheon, have an established customer base in the United States and are leaders in oral and sterile dose formulations. These companies have been aggressive in expanding their products/services/capabilities through strategic alliances. With the recent acquisition of Confab, DPT Laboratories has become the global leader in prescription semi-solid and liquid formulations, acquiring proprietary products.

Competitive Landscape

- In April 2017, Famar announced the closure of the acquisition of a manufacturing site from Bayer, located at Pointe-Claire, Canada, with the transfer of full ownership of the plant to Famar.

Regional Analysis: For a comprehensive understanding of market dynamics, the global Pharmaceutical Contract Manufacturing (CMO) Market is analyzed across key geographies namely: United States, China, Europe, Japan, Middle East & Africa, India, and others. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Pharmaceutical Contract Manufacturing (CMO) Market
-Changing Pharmaceutical Contract Manufacturing (CMO) market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected Pharmaceutical Contract Manufacturing (CMO) market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Pharmaceutical Contract Manufacturing (CMO) Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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