South Korea Small Molecule Innovator Cdmo Market Size & Outlook
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South Korea small molecule innovator cdmo market highlights
- The South Korea small molecule innovator cdmo market generated a revenue of USD 762.3 million in 2024 and is expected to reach USD 1,394.2 million by 2033.
- The South Korea market is expected to grow at a CAGR of 7.1% from 2025 to 2033.
- In terms of segment, small molecule api was the largest revenue generating product in 2024.
- Small Molecule API is the most lucrative product segment registering the fastest growth during the forecast period.
Small molecule innovator cdmo market data book summary
| Market revenue in 2024 | USD 762.3 million |
| Market revenue in 2033 | USD 1,394.2 million |
| Growth rate | 7.1% (CAGR from 2025 to 2033) |
| Largest segment | Small molecule api |
| Fastest growing segment | Small Molecule API |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Molecule API, Small Molecule Drug Product |
| Key market players worldwide | Wuxi AppTec Co Ltd, EQT Corp, Thermo Fisher Scientific Inc, Lonza Group Ltd, Catalent Inc, Siegfried Holding AG, Boehringer Ingelheim, Labcorp Holdings Inc, Piramal Pharma Solutions, CordenPharma, Cambrex |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global small molecule innovator cdmo market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China small molecule innovator cdmo market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,423.2 million by 2033.
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Small Molecule Innovator CDMO Market Scope
Small Molecule Innovator CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cambrex | View profile | 1001-5000 | East Rutherford, New Jersey, United States, North America | http://www.cambrex.com |
| CordenPharma | View profile | 5001-10000 | Plankstadt, Baden-Wurttemberg, Germany, Europe | http://cordenpharma.com |
| Piramal Pharma Solutions | View profile | 1001-5000 | Riverview, Michigan, United States, North America | http://www.piramalpharmasolutions.com/ |
| EQT Corp | View profile | 881 | 625 Liberty Avenue, Suite 1700, Pittsburgh, PA, United States, 15222 | https://www.eqt.com |
| Siegfried Holding AG | View profile | 4180 | Untere Bruehlstrasse 4, Zofingen, Switzerland, CH-4800 | https://www.siegfried.ch |
| Catalent Inc | View profile | 17219 | 14 Schoolhouse Road, Somerset, NJ, United States, 08873 | https://www.catalent.com |
| Wuxi AppTec Co Ltd | View profile | 41116 | 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 | https://www.wuxiapptec.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | https://www.boehringer-ingelheim.com/ |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Lonza Group Ltd | View profile | 18000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | https://www.lonza.com |
South Korea small molecule innovator cdmo 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 small molecule innovator cdmo market will help companies and investors design strategic landscapes.
Small molecule api was the largest segment with a revenue share of 65.21% in 2024. Horizon Databook has segmented the South Korea small molecule innovator cdmo market based on small molecule api, small molecule drug product covering the revenue growth of each sub-segment from 2021 to 2033.
The increasing support of the Korean government for R&D initiatives in the pharmaceutical industry is one of the major factors anticipated to boost the market. For instance, in April 2023, Freyr Solutions stated that since 2013.
The Korean government has established and is promoting a comprehensive 5- year plan as the country has recognized the pharmaceutical industry as a future growth engine.
In the 5- year plan by the Ministry of ICT and Science, the country plans to expand its presence in the global biotech market from its current share of 1.7% to 5% by 2025.
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Target buyers of South Korea small molecule innovator cdmo market databook
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Our clientele includes a mix of small molecule innovator cdmo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea small molecule innovator cdmo market , including forecasts for subscribers. This country databook contains high-level insights into South Korea small molecule innovator cdmo market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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South Korea small molecule innovator cdmo market size, by product, 2021-2033 (US$M)
South Korea Small Molecule Innovator CDMO Market Outlook Share, 2024 & 2033 (US$M)
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