Product Code: PM4069
The global vaccine contract manufacturing market size is expected to reach USD 13.16 billion by 2032, according to a new study by Polaris Market Research. The report "Vaccine Contract Manufacturing Market Share, Size, Trends, Industry Analysis Report, By Vaccine Type (Inactivated Vaccine, DNA Vaccines, Attenuated Vaccine, Toxoid Vaccines, Subunit Vaccines); By Application; By Process; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Pharmaceutical and biopharmaceutical companies are strategically prioritizing their core competencies to navigate the escalating price pressures. Consequently, there is a growing inclination towards contract manufacturing.
However, vaccine production presents a complex challenge for manufacturers as they strive to guarantee safety, effectiveness, and consistency. The vaccine contract manufacturing market is driven by a diverse range of services encompassing production processes, the establishment and operation of manufacturing facilities, cell line development, fermentation, process refinement, and analytical characterization. These services collectively play a pivotal role in driving the market's substantial growth on a worldwide level.
Vaccination plays an important role in enhancing both human and veterinary health. It not only diminishes reliance on antibiotics but also serves as a potent deterrent against various diseases. The escalating recognition of its manifold advantages, which include safeguarding against severe illnesses and infectious conditions, is fueling the call for widespread immunization initiatives and inoculation programs. In tandem with this, the cognizance of the substantial capital outlay needed for production has prompted major pharmaceutical entities to opt for outsourcing in the realm of vaccine manufacturing.
However, in low-resource countries, the shortage of equipment and proficient labor for vaccine production is a significant factor driving the expansion of the global vaccine contract manufacturing market. Additionally, the introduction of advanced expression systems such as EB66 and GPEx, along with innovative cell culture media platforms, is providing substantial support for market growth. Furthermore, the surging instances of COVID-19 in various nations have prompted vaccine developers to engage in outsourcing agreements with Contract Manufacturing Organizations (CMOs), fostering a positive trajectory for market advancement.
Vaccine Contract Manufacturing Market Report Highlights
The Inactivated Vaccine segment is expected to witness the fastest CAGR during the forecast period on account of better efficiency.
The veterinary segment held a significant share in revenue share in 2022, which is mainly driven by increased utilization of CMOs in the production of animal vaccinations.
In 2022, the downstream segment held the largest market share due to technological advancements and innovation.
In 2022, the North American region held the largest market share, owing to exponential growth in technology and rising R&D investments.
The global key market players include: Fujifilm Diosynth Biotechnologies, IDT Biologika GmbH, KBI Biopharma, Lonza Group, Merck KGaA, and more.
Polaris Market Research has segmented the vaccine contract manufacturing market report based on vaccine type, application, process, and region:
Vaccine Contract Manufacturing, Vaccine Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Inactivated Vaccine
- DNA Vaccines
- Attenuated Vaccine
- Toxoid Vaccines
- Subunit Vaccines
Vaccine Contract Manufacturing, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Vaccine Contract Manufacturing, Process Outlook (Revenue - USD Billion, 2019 - 2032)
Vaccine Contract Manufacturing, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Vaccine Contract Manufacturing Market Insights
- 4.1. Vaccine Contract Manufacturing Market - Process Snapshot
- 4.2. Vaccine Contract Manufacturing Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increased demand for vaccines is projected to spur the product demand
- 4.2.1.2. Biopharmaceutical Advancements
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Complex Regulatory Environment
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Vaccine Contract Manufacturing Market Process Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Vaccine Contract Manufacturing Market, by Vaccine Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 5.3. Inactivated Vaccine
- 5.3.1. Global Vaccine Contract Manufacturing Market, by Inactivated Vaccine, by Region, 2019-2032 (USD Billion)
- 5.4. DNA Vaccines
- 5.4.1. Global Vaccine Contract Manufacturing Market, by DNA Vaccines, by Region, 2019-2032 (USD Billion)
- 5.5. Attenuated Vaccine
- 5.5.1. Global Vaccine Contract Manufacturing Market, by Attenuated Vaccine, by Region, 2019-2032 (USD Billion)
- 5.6. Toxoid Vaccines
- 5.6.1. Global Vaccine Contract Manufacturing Market, by Toxoid Vaccines, by Region, 2019-2032 (USD Billion)
- 5.7. Subunit Vaccines
- 5.7.1. Global Vaccine Contract Manufacturing Market, by Subunit Vaccines, by Region, 2019-2032 (USD Billion)
6. Global Vaccine Contract Manufacturing Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 6.3. Human
- 6.3.1. Global Vaccine Contract Manufacturing Market, by Human, by Region, 2019-2032 (USD Billion)
- 6.4. Veterinary
- 6.4.1. Global Vaccine Contract Manufacturing Market, by Veterinary, by Region, 2019-2032 (USD Billion)
7. Global Vaccine Contract Manufacturing Market, by Process
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 7.3. Upstream
- 7.3.1. Global Vaccine Contract Manufacturing Market, by Upstream, By Region, 2019-2032 (USD Billion)
- 7.4. Downstream
- 7.4.1. Global Vaccine Contract Manufacturing Market, by Downstream, By Region, 2019-2032 (USD Billion)
8. Global Vaccine Contract Manufacturing Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Vaccine Contract Manufacturing Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Vaccine Contract Manufacturing Market - North America
- 8.3.1. North America: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.3.3. North America: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Vaccine Contract Manufacturing Market - U.S.
- 8.3.4.1. U.S.: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Vaccine Contract Manufacturing Market - Canada
- 8.3.5.1. Canada: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.4. Vaccine Contract Manufacturing Market - Europe
- 8.4.1. Europe: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.4.3. Europe: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Vaccine Contract Manufacturing Market - UK
- 8.4.4.1. UK: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Vaccine Contract Manufacturing Market - France
- 8.4.5.1. France: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.4.5.3. France: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Vaccine Contract Manufacturing Market - Germany
- 8.4.6.1. Germany: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Vaccine Contract Manufacturing Market - Italy
- 8.4.7.1. Italy: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Vaccine Contract Manufacturing Market - Spain
- 8.4.8.1. Spain: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Vaccine Contract Manufacturing Market - Netherlands
- 8.4.9.1. Netherlands: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Vaccine Contract Manufacturing Market - Russia
- 8.4.10.1. Russia: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.5. Vaccine Contract Manufacturing Market - Asia Pacific
- 8.5.1. Asia Pacific: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Vaccine Contract Manufacturing Market - China
- 8.5.4.1. China: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.5.4.3. China: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Vaccine Contract Manufacturing Market - India
- 8.5.5.1. India: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.5.5.3. India: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Vaccine Contract Manufacturing Market - Malaysia
- 8.5.6.1. Malaysia: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Vaccine Contract Manufacturing Market - Japan
- 8.5.7.1. Japan: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Vaccine Contract Manufacturing Market - Indonesia
- 8.5.8.1. Indonesia: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Vaccine Contract Manufacturing Market - South Korea
- 8.5.9.1. South Korea: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.6. Vaccine Contract Manufacturing Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Vaccine Contract Manufacturing Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Vaccine Contract Manufacturing Market - UAE
- 8.6.5.1. UAE: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Vaccine Contract Manufacturing Market - Israel
- 8.6.6.1. Israel: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Vaccine Contract Manufacturing Market - South Africa
- 8.6.7.1. South Africa: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.7. Vaccine Contract Manufacturing Market - Latin America
- 8.7.1. Latin America: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Vaccine Contract Manufacturing Market - Mexico
- 8.7.4.1. Mexico: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Vaccine Contract Manufacturing Market - Brazil
- 8.7.5.1. Brazil: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Vaccine Contract Manufacturing Market - Argentina
- 8.7.6.1. Argentina: Vaccine Contract Manufacturing Market, by Vaccine Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Vaccine Contract Manufacturing Market, by Process, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Vaccine Contract Manufacturing Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. AGC Biologics
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Catalent, Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Charles River Laboratories
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Emergent BioSolutions
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Fujifilm Diosynth Biotechnologies
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. IDT Biologika GmbH
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. KBI Biopharma
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Lonza Group
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Merck KGaA
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Recipharm AB
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Richter-Helm BioLogics GmbH & Co. KG
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Seqirus (CSL Limited)
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. WuXi Biologics
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Samsung Biologics
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development