Market Trends Shaping Executive Summary Vaccine Contract Manufacturing Market Size and Share

CAGR Value

The global vaccine contract manufacturing market size was valued at USD 3.03 billion in 2024 and is expected to reach USD 5.48 billion by 2032, at a CAGR of 7.68% during the forecast period

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Vaccine Contract Manufacturing Industry Performance Overview

Segments

• Based on type, the global vaccine contract manufacturing market can be segmented into mRNA vaccines, vector vaccines, inactivated vaccines, live attenuated vaccines, subunit vaccines, and others. The mRNA vaccines segment is expected to witness significant growth due to the increasing interest in mRNA technology for vaccine development.
• By application, the market can be categorized into infectious diseases, cancer, allergies, and others. The infectious diseases segment is anticipated to dominate the market as vaccines are widely used for the prevention and control of various infectious diseases.
• On the basis of end-user, the market can be divided into pharmaceutical companies, biotechnology companies, research institutes, and others. The pharmaceutical companies segment is projected to hold a substantial market share, driven by the rising outsourcing of vaccine manufacturing services by pharmaceutical companies to reduce operational costs and focus on core activities.

Market Players

• Emergent BioSolutions Inc.
• Lonza
• Catalent, Inc.
• Samsung Biologics
• WuXi Biologics
• AGC Biologics
• AbbVie Inc.
• Boehringer Ingelheim International GmbH