India Pharmaceutical Manufacturing Market Size & Outlook
The pharmaceutical manufacturing market in India is expected to reach a projected revenue of US$ 41,144.9 million by 2030. A compound annual growth rate of 13.3% is expected of India pharmaceutical manufacturing market from 2024 to 2030.
Revenue, 2023 (US$M)
$17,158.4
Forecast, 2030 (US$M)
$41,144.9
CAGR, 2024 - 2030
13.3%
Report Coverage
India
Global Market
Related Markets
India pharmaceutical manufacturing market highlights
- The India pharmaceutical manufacturing market generated a revenue of USD 17,158.4 million in 2023 and is expected to reach USD 41,144.9 million by 2030.
- The India market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
- In terms of segment, conventional drugs (small molecules) was the largest revenue generating molecule type in 2023.
- Biologics & Biosimilars (Large Molecules) is the most lucrative molecule type segment registering the fastest growth during the forecast period.
Pharmaceutical manufacturing market data book summary
| Market revenue in 2023 | USD 17,158.4 million |
| Market revenue in 2030 | USD 41,144.9 million |
| Growth rate | 13.3% (CAGR from 2024 to 2030) |
| Largest segment | Conventional drugs (small molecules) |
| Fastest growing segment | Biologics & Biosimilars (Large Molecules) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics & Biosimilars (Large Molecules), Conventional Drugs (Small Molecules) |
| Key market players worldwide | Roche Holding AG ADR, Novartis AG ADR, GlaxoSmithKline, Pfizer Inc, Merck & Co Inc, AstraZeneca PLC, Johnson & Johnson, Sanofi SA, Eli Lilly and Co, AbbVie Inc, Thermo Fisher Scientific Inc, Wuxi AppTec Co Ltd, Samsung BioLogics, FUJIFILM Holdings Corp, Lonza Group Ltd, Catalent Inc, Jubilant Pharmova |
Other key industry trends
- In terms of revenue, India accounted for 3.4% of the global pharmaceutical manufacturing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pharmaceutical manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 41,144.9 million by 2030.
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Pharmaceutical Manufacturing Market Scope
Pharmaceutical Manufacturing Market segmentation & scope
Pharmaceutical Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Novartis AG ADR | View profile | 76,057 | Lichtstrasse 35, Basel, Switzerland, 4056 | www.novartis.com |
| Roche Holding AG ADR | View profile | 103,605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | www.roche.com |
| AbbVie Inc | View profile | 50,000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | www.abbvieinvestor.com |
| Pfizer Inc | View profile | 88,000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | www.pfizer.com |
| Sanofi SA | View profile | 87,994 | 46, avenue de la Grande Armée, Paris, France, 75017 | www.sanofi.com |
| Lonza Group Ltd | View profile | 18,000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | www.lonza.com |
| FUJIFILM Holdings Corp | View profile | 83,784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | www.fujifilmholdings.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Merck & Co Inc | View profile | 72,000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | www.merck.com |
India Pharmaceutical Manufacturing Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Pharmaceutical Manufacturing Market Outlook will help companies and investors design strategic landscapes.
Conventional Drugs (Small Molecules) was the largest segment with a revenue share of 67.17% in 2023.
Horizon Databook has segmented the India pharmaceutical manufacturing market based on biologics & biosimilars (large molecules), conventional drugs (small molecules) covering the revenue growth of each sub-segment from 2018 to 2030.
- India Pharmaceutical Manufacturing Market Molecule Type Outlook (Revenue, USD Million , 2018-2030)
- Biologics & Biosimilars (Large Molecules)
- Conventional Drugs (Small Molecules)
- India Pharmaceutical Manufacturing Market Drug Development Type Outlook (Revenue, USD Million , 2018-2030)
- Outsource
- In-house
- India Pharmaceutical Manufacturing Market Formulation Outlook (Revenue, USD Million , 2018-2030)
- Tablets
- Capsules
- Injectables
- Sprays
- Suspensions
- Powders
- Other Formulations
- India Pharmaceutical Manufacturing Market Routes of Administration Outlook (Revenue, USD Million , 2018-2030)
- Oral
- Topical
- Parenterals
- Inhalations
- Other Routes of Administration
- India Pharmaceutical Manufacturing Market Therapy Area Outlook (Revenue, USD Million , 2018-2030)
- Cardiovascular Diseases
- Pain
- Diabetes
- Cancer
- Respiratory Diseases
- Other Diseases
- India Pharmaceutical Manufacturing Market Prescription Requirements Outlook (Revenue, USD Million , 2018-2030)
- Prescription Medicines
- Over-the-counter (OTC) Medicines
- India Pharmaceutical Manufacturing Market Age Type Outlook (Revenue, USD Million , 2018-2030)
- Children & Adolescents
- Adults
- Geriatric
- India Pharmaceutical Manufacturing Market Sales Channel Outlook (Revenue, USD Million , 2018-2030)
- Retail
- Non-retail
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Horizon Databook provides a detailed overview of country-level data and insights on the India Pharmaceutical Manufacturing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Pharmaceutical Manufacturing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Pharmaceutical Manufacturing Market, 2018-2030 (US$M)
India pharmaceutical manufacturing market statistics, by molecule type, 2018-2030 (US$M)
