Global Biopharmaceutical Contract Manufacturing Industry Poised for 8.8% CAGR, Aims for US$ 25.1 Billion Market Triumph by 2034 | FMI Reports

The Global Biopharmaceutical Contract Manufacturing Industry is poised for remarkable expansion, anticipating a Compound Annual Growth Rate (CAGR) of 8.8% throughout the projected period. According to the latest insights, the market’s value is forecasted to surge from US$ 10.7 billion in 2024 to an impressive US$ 25.1 billion by the year 2034. This projection reflects …

Biopharmaceutical Contract Manufacturing Market Size to Hit USD 18.7 Billion by 2029

Global biopharmaceutical contract manufacturing market was estimated to be worth roughly US$ 8.4 billion in 2021 and is expected to grow at a CAGR of 10.5% to reach US$ 18.7 billion by 2029. Reduced overall time to market investment in new drugs, access to expensive technologies, and greater flexibility are some advantages offered by biopharmaceutical …