The Formulation Development Outsourcing Market is witnessing a phenomenal rise, projected to reach a staggering US$66.60 billion by 2032. This signifies a significant leap from the US$33.23 billion recorded in 2022. Fueling this impressive growth is a robust Compound Annual Growth Rate (CAGR) of 7.2%, indicating a vibrant and dynamic market poised for substantial expansion …
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Global Formulation Development Outsourcing Industry Predicted to Reach US$66.60 Billion with 7.2% CAGR from 2022 to 2032
The Global Formulation Development Outsourcing Industry is on an upward trajectory, with sales estimated to reach an impressive US$ 66.60 billion by the year 2032, marking a significant increase from US$ 33.23 billion in 2022. This robust growth is underpinned by a remarkable compound annual growth rate (CAGR) of 7.2% from 2022 to 2032. The …