Biosimilar Contract Manufacturing Market to Grow with a CAGR of 16.59% through 2030
Increasing chronic disease is expected
to drive the growth of global biosimilar contract manufacturing in the forecast
period, 2026-2030.
According to TechSci Research report,
“Biosimilar Contract Manufacturing Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2030”, the Global Biosimilar Contract Manufacturing Market stood at USD 9.37 billion in 2024 and is anticipated to grow with a CAGR of 16.59% in the forecast period through 2030. This can be ascribed to the increasing prevalence
of diabetes, various type of cancers, neurological disorders, and availability
of biosimilar at lower costs over branded products across the globe.
Additionally, increasing focus on contract developments in countries like
China, India and increasing prevalence of auto immune diseases are expected to
create lucrative opportunities for the market growth in coming years. Besides,
increasing research and development activities in biotechnology industry is
further expected to support the market growth. Similarly, growing demand for
low cost and highly efficient therapeutics is also expected to create
significant growth during the forecasted period. Also, the growing demand for
manufacturing along with the growing production of microbial products such as
cytokines, hormones, enzymes, and MABs will drive the growth of the market
during the forecasted period.
However, high cost of biosimilar drugs
and subsequent therapies for the treatment of chronic diseases tend to slow
down the growth of global biosimilar contract manufacturing market in the
forecast period. Similarly, high risks and complications associated with
biosimilar drugs and lack of skilled professionals may hamper the biosimilar
contract manufacturing market growth during the forecast period. Also, poor
reimbursement scenario and lack of insurance coverage for cancer treatment in
emerging countries can further restrict the growth of global biosimilar
contract manufacturing market.
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The Global Biosimilar Contract Manufacturing market is segmented into product, technology, application, regional distribution and company.
Based on Application, the Oncology segment is experiencing the fastest growth in the global Biosimilar Contract Manufacturing market. This surge is primarily driven by the escalating global incidence of cancer and the consequent demand for cost-effective therapeutic alternatives. Biosimilars, which are highly like their reference biologic drugs, offer a more affordable option for cancer treatment without compromising efficacy or safety. The expiration of patents for several blockbuster oncology biologics, such as trastuzumab, bevacizumab, and rituximab, has opened the market for biosimilar versions, thereby enhancing accessibility and affordability of cancer therapies. The high-cost burden of cancer care on healthcare systems worldwide has created strong incentives for the adoption of biosimilars. Hospitals and oncology clinics are increasingly integrating these alternatives into treatment protocols to manage costs while maintaining treatment standards. This trend is further supported by real-world studies affirming the clinical equivalence of biosimilars to their reference products, bolstering confidence among healthcare providers and patients alike.
Based on the Region, Asia Pacific region emerges as the fastest growth in the global biosimilar contract manufacturing market due to a confluence of supportive regulatory reforms, increasing healthcare needs, and robust investments in biopharmaceutical infrastructure. Countries such as India, China, and South Korea have actively promoted biotechnology sectors through national initiatives and funding programs that encourage local manufacturing, technology transfer, and innovation. For example, India’s focus on strengthening its pharmaceutical ecosystem under programs like “Make in India” has led to the rapid expansion of biologics and biosimilar manufacturing capabilities. China, on the other hand, has streamlined its drug approval processes and encouraged public-private collaborations to boost local production and reduce reliance on imported biologics.
Major companies operating in global
biosimilar contract manufacturing market are:
- Catalent, Inc.
- Boehringer Ingelheim GmbH
- Alcami Corporation, Inc.
- Almac Group
- Lonza Group AG
- Biocon Limited
- Avid Bioservice, Inc.
- Rentschler Biopharma SE
- Fujifilm Kyowa Kirin Biologics Co., Ltd.
- WuXi Biologics, Inc.
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“The North
American region was expected to dominate in the global biosimilar contract
manufacturing market due to the increasingly developed biosimilar contract
organizations in the developing countries. Furthermore, increasing developed
healthcare infrastructure and increasing product introductions are further
contributing to the demand for biosimilar contract manufacturing. Similarly,
growing approvals of biosimilar drugs in recent years and growing demand for
less expensive therapeutic products, and the high prevalence of chronic
diseases are expected to drive market growth over the years. Additionally, the
increasing the incidence of non-communicable diseases such as diabetes and
autoimmune disorders is fueling the demand for cost-effective treatments and
will drive market growth over the years. Besides, increasing demand for less
expensive therapeutic products and increasing prevalence of chronic diseases
like cancers in the region are further expected to create lucrative
opportunities for the market growth”, said Mr. Karan Chechi, Research Director of TechSci Research, a research based global management consulting firm.
“Biosimilar
Contract Manufacturing Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, Segmented
By Product (Recombinant Non-glycosylated Proteins, Recombinant Glycosylated Proteins), By Technology (Mammalian, Non-Mammalian), By Application (Oncology, Blood
Disorders, Growth Hormonal Deficiency, Chronic & Autoimmune Disorders,
Rheumatoid Arthritis, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of global biosimilar
contract manufacturing market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in global biosimilar
contract manufacturing market.