Global Formulation Development Outsourcing Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI10241398

Publication Date:

October 22, 2024

Pages:

112

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Pharmaceutical Manufacturing [2]

Healthcare [3]

Pharma & Healthcare [4]

Description:

The global Formulation Development Outsourcing market size was valued at US$ 34360 million in 2023. With growing demand in downstream market, the Formulation Development Outsourcing is forecast to a readjusted size of US$ 58440 million by 2030 with a CAGR of 7.9% during review period.
The research report highlights the growth potential of the global Formulation Development Outsourcing market. Formulation Development Outsourcing are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Formulation Development Outsourcing. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Formulation Development Outsourcing market.
Formulation development is a major area of product/drug development that determines the patentability, lifecycle, and success of a pharmaceutical product. Most pharmaceutical companies outsource formulation services to minimize the time and investment involved in trials.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Key Features:
The report on Formulation Development Outsourcing market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Formulation Development Outsourcing market. It may include historical data, market segmentation by Type (e.g., Pre-formulation Services, Formulation Optimization), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Formulation Development Outsourcing market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Formulation Development Outsourcing market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Formulation Development Outsourcing industry. This include advancements in Formulation Development Outsourcing technology, Formulation Development Outsourcing new entrants, Formulation Development Outsourcing new investment, and other innovations that are shaping the future of Formulation Development Outsourcing.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Formulation Development Outsourcing market. It includes factors influencing customer ' purchasing decisions, preferences for Formulation Development Outsourcing product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Formulation Development Outsourcing market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Formulation Development Outsourcing market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Formulation Development Outsourcing market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Formulation Development Outsourcing industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Formulation Development Outsourcing market.
Market Segmentation:
Formulation Development Outsourcing market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Pre-formulation Services
Formulation Optimization
Segmentation by application
Pharmaceutical and Biopharmaceutical Companies
Government and Academic Institutes
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Charles River Laboratories
Aizant Drug Research Solutions
Catalent
Labcorp
Syngene
Irisys
Intertek Group
Piramal Pharma Solutions
Qiotient Sciences
Patheon
Emergent BioSolutions
Lonza Group
Dr. Reddy's Laboratories

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Formulation Development Outsourcing Market Size 2019-2030
2.1.2 Formulation Development Outsourcing Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Formulation Development Outsourcing Segment by Type
2.2.1 Pre-formulation Services
2.2.2 Formulation Optimization
2.3 Formulation Development Outsourcing Market Size by Type
2.3.1 Formulation Development Outsourcing Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Formulation Development Outsourcing Market Size Market Share by Type (2019-2024)
2.4 Formulation Development Outsourcing Segment by Application
2.4.1 Pharmaceutical and Biopharmaceutical Companies
2.4.2 Government and Academic Institutes
2.4.3 Others
2.5 Formulation Development Outsourcing Market Size by Application
2.5.1 Formulation Development Outsourcing Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Formulation Development Outsourcing Market Size Market Share by Application (2019-2024)
3 Formulation Development Outsourcing Market Size by Player
3.1 Formulation Development Outsourcing Market Size Market Share by Players
3.1.1 Global Formulation Development Outsourcing Revenue by Players (2019-2024)
3.1.2 Global Formulation Development Outsourcing Revenue Market Share by Players (2019-2024)
3.2 Global Formulation Development Outsourcing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Formulation Development Outsourcing by Regions
4.1 Formulation Development Outsourcing Market Size by Regions (2019-2024)
4.2 Americas Formulation Development Outsourcing Market Size Growth (2019-2024)
4.3 APAC Formulation Development Outsourcing Market Size Growth (2019-2024)
4.4 Europe Formulation Development Outsourcing Market Size Growth (2019-2024)
4.5 Middle East & Africa Formulation Development Outsourcing Market Size Growth (2019-2024)
5 Americas
5.1 Americas Formulation Development Outsourcing Market Size by Country (2019-2024)
5.2 Americas Formulation Development Outsourcing Market Size by Type (2019-2024)
5.3 Americas Formulation Development Outsourcing Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Formulation Development Outsourcing Market Size by Region (2019-2024)
6.2 APAC Formulation Development Outsourcing Market Size by Type (2019-2024)
6.3 APAC Formulation Development Outsourcing Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Formulation Development Outsourcing by Country (2019-2024)
7.2 Europe Formulation Development Outsourcing Market Size by Type (2019-2024)
7.3 Europe Formulation Development Outsourcing Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Formulation Development Outsourcing by Region (2019-2024)
8.2 Middle East & Africa Formulation Development Outsourcing Market Size by Type (2019-2024)
8.3 Middle East & Africa Formulation Development Outsourcing Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Formulation Development Outsourcing Market Forecast
10.1 Global Formulation Development Outsourcing Forecast by Regions (2025-2030)
10.1.1 Global Formulation Development Outsourcing Forecast by Regions (2025-2030)
10.1.2 Americas Formulation Development Outsourcing Forecast
10.1.3 APAC Formulation Development Outsourcing Forecast
10.1.4 Europe Formulation Development Outsourcing Forecast
10.1.5 Middle East & Africa Formulation Development Outsourcing Forecast
10.2 Americas Formulation Development Outsourcing Forecast by Country (2025-2030)
10.2.1 United States Formulation Development Outsourcing Market Forecast
10.2.2 Canada Formulation Development Outsourcing Market Forecast
10.2.3 Mexico Formulation Development Outsourcing Market Forecast
10.2.4 Brazil Formulation Development Outsourcing Market Forecast
10.3 APAC Formulation Development Outsourcing Forecast by Region (2025-2030)
10.3.1 China Formulation Development Outsourcing Market Forecast
10.3.2 Japan Formulation Development Outsourcing Market Forecast
10.3.3 Korea Formulation Development Outsourcing Market Forecast
10.3.4 Southeast Asia Formulation Development Outsourcing Market Forecast
10.3.5 India Formulation Development Outsourcing Market Forecast
10.3.6 Australia Formulation Development Outsourcing Market Forecast
10.4 Europe Formulation Development Outsourcing Forecast by Country (2025-2030)
10.4.1 Germany Formulation Development Outsourcing Market Forecast
10.4.2 France Formulation Development Outsourcing Market Forecast
10.4.3 UK Formulation Development Outsourcing Market Forecast
10.4.4 Italy Formulation Development Outsourcing Market Forecast
10.4.5 Russia Formulation Development Outsourcing Market Forecast
10.5 Middle East & Africa Formulation Development Outsourcing Forecast by Region (2025-2030)
10.5.1 Egypt Formulation Development Outsourcing Market Forecast
10.5.2 South Africa Formulation Development Outsourcing Market Forecast
10.5.3 Israel Formulation Development Outsourcing Market Forecast
10.5.4 Turkey Formulation Development Outsourcing Market Forecast
10.5.5 GCC Countries Formulation Development Outsourcing Market Forecast
10.6 Global Formulation Development Outsourcing Forecast by Type (2025-2030)
10.7 Global Formulation Development Outsourcing Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Charles River Laboratories
11.1.1 Charles River Laboratories Company Information
11.1.2 Charles River Laboratories Formulation Development Outsourcing Product Offered
11.1.3 Charles River Laboratories Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Charles River Laboratories Main Business Overview
11.1.5 Charles River Laboratories Latest Developments
11.2 Aizant Drug Research Solutions
11.2.1 Aizant Drug Research Solutions Company Information
11.2.2 Aizant Drug Research Solutions Formulation Development Outsourcing Product Offered
11.2.3 Aizant Drug Research Solutions Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Aizant Drug Research Solutions Main Business Overview
11.2.5 Aizant Drug Research Solutions Latest Developments
11.3 Catalent
11.3.1 Catalent Company Information
11.3.2 Catalent Formulation Development Outsourcing Product Offered
11.3.3 Catalent Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Catalent Main Business Overview
11.3.5 Catalent Latest Developments
11.4 Labcorp
11.4.1 Labcorp Company Information
11.4.2 Labcorp Formulation Development Outsourcing Product Offered
11.4.3 Labcorp Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Labcorp Main Business Overview
11.4.5 Labcorp Latest Developments
11.5 Syngene
11.5.1 Syngene Company Information
11.5.2 Syngene Formulation Development Outsourcing Product Offered
11.5.3 Syngene Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Syngene Main Business Overview
11.5.5 Syngene Latest Developments
11.6 Irisys
11.6.1 Irisys Company Information
11.6.2 Irisys Formulation Development Outsourcing Product Offered
11.6.3 Irisys Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Irisys Main Business Overview
11.6.5 Irisys Latest Developments
11.7 Intertek Group
11.7.1 Intertek Group Company Information
11.7.2 Intertek Group Formulation Development Outsourcing Product Offered
11.7.3 Intertek Group Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Intertek Group Main Business Overview
11.7.5 Intertek Group Latest Developments
11.8 Piramal Pharma Solutions
11.8.1 Piramal Pharma Solutions Company Information
11.8.2 Piramal Pharma Solutions Formulation Development Outsourcing Product Offered
11.8.3 Piramal Pharma Solutions Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Piramal Pharma Solutions Main Business Overview
11.8.5 Piramal Pharma Solutions Latest Developments
11.9 Qiotient Sciences
11.9.1 Qiotient Sciences Company Information
11.9.2 Qiotient Sciences Formulation Development Outsourcing Product Offered
11.9.3 Qiotient Sciences Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Qiotient Sciences Main Business Overview
11.9.5 Qiotient Sciences Latest Developments
11.10 Patheon
11.10.1 Patheon Company Information
11.10.2 Patheon Formulation Development Outsourcing Product Offered
11.10.3 Patheon Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Patheon Main Business Overview
11.10.5 Patheon Latest Developments
11.11 Emergent BioSolutions
11.11.1 Emergent BioSolutions Company Information
11.11.2 Emergent BioSolutions Formulation Development Outsourcing Product Offered
11.11.3 Emergent BioSolutions Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Emergent BioSolutions Main Business Overview
11.11.5 Emergent BioSolutions Latest Developments
11.12 Lonza Group
11.12.1 Lonza Group Company Information
11.12.2 Lonza Group Formulation Development Outsourcing Product Offered
11.12.3 Lonza Group Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Lonza Group Main Business Overview
11.12.5 Lonza Group Latest Developments
11.13 Dr. Reddy's Laboratories
11.13.1 Dr. Reddy's Laboratories Company Information
11.13.2 Dr. Reddy's Laboratories Formulation Development Outsourcing Product Offered
11.13.3 Dr. Reddy's Laboratories Formulation Development Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Dr. Reddy's Laboratories Main Business Overview
11.13.5 Dr. Reddy's Laboratories Latest Developments
12 Research Findings and Conclusion

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