Contract Manufacture Organization (CMO) Market
Contract Manufacture Organization (CMO) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Contract Manufacture Organization (CMO) Market Size
and Growth
Contract Manufacture Organization (CMO) market research reports indicate a growing demand for outsourced manufacturing services due to cost savings and specialization benefits. The global CMO market is estimated to be worth $91.8 billion, with a compound annual growth rate of 7.8% from 2021 to 2028. The industry is expected to continue expanding as companies seek to optimize production processes and focus on core competencies. Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ Lonza
◍ Boehringer Ingelheim
◍ Catalent
◍ Baxter
◍ AbbVie
◍ Pfizer
◍ Evonik
◍ Fareva group
◍ Aenova
◍ Almac
◍ Delpharm
◍ Recipharm
◍ Aesica
◍ NIPRO CORPORATION
◍ Daito Pharmaceutical
◍ Teva API
◍ Esteve Quimica
◍ Euticals
The Contract Manufacture Organization (CMO) Market is highly competitive with key players such as Lonza, Boehringer Ingelheim, Catalent, and others offering a wide range of services. These companies utilize CMO services to increase operational efficiency, reduce costs, and access specialized expertise. Sales revenue figures: Lonza - $6.1 billion, Catalent - $2.7 billion, Baxter - $11.4 billion.
