Formulation Development Outsourcing Market to Reach $60.66 Billion by 2030, Growing at a 8.62% CAGR from $37.27 Billion in 2024

Rising R&D Investments and Demand for Bioavailability-Enhancing Solutions Fuel Market Expansion

Dublin, May 16, 2025 (GLOBE NEWSWIRE) -- The "Formulation Development Outsourcing Market Size, Share & Trends Analysis Report by Service (Preformulation, Formulation Development), Formulation, Therapeutic Area, End-use, Region, with Growth Forecasts, 2025-2030" report has been added to ResearchAndMarkets.com's offering.

The Formulation Development Outsourcing Market was valued at USD 37.27 Billion in 2024, and is projected to reach USD 60.66 Billion by 2030, rising at a CAGR of 8.62%.

The high burden of chronic and infectious diseases, the growing focus on improving the bioavailability of poorly soluble drugs, and the complications associated with drug development are contributing to the demand for formulation development services globally. Furthermore, the COVID-19 outbreak has influenced the need for clinical trials to find an effective treatment against the contagious virus. This has resulted in significant investments in research and development (R&D) to develop therapeutics, which are expected to drive the market.

Formulation Development Outsourcing Market Insights

• Based on services, the preformulation segment is expected to grow at the fastest CAGR during the forecast period.
• Based on formulation, the drug product segment is expected to grow at a significant CAGR during the forecast period.
• Based on therapeutic area, the oncology segment accounted for the largest market revenue share in 2024.
• Asia-Pacific held the largest revenue share in 2024, due to the presence of a significant number of CROs providing cost effective formulation development services.

Why Should You Buy This Report?

• Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
• Competitive Landscape: Explore the market presence of key players.
• Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
• Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

• Market intelligence to enable effective decision-making
• Market estimates and forecasts from 2018 to 2030
• Growth opportunities and trend analyses
• Segment and regional revenue forecasts for market assessment
• Competition strategy and market share analysis
• Product innovation listings for you to stay ahead of the curve

Key Attributes

Key Topics Covered

Chapter 1. Research Methodology and Scope

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Formulation Development Outsourcing Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.3. Clinical Trials Volume Analysis, (2024)
3.3.1. Total Number of Clinical Trials by Region
3.3.2. Total Number of Clinical Trials, by Phase
3.3.3. Total Number of Clinical Trials, by Study Design
3.3.4. Total Number of Clinical Trials, by Key Therapeutic Area
3.4. Pricing Model Analysis
3.5. Technology Landscape
3.6. Market Analysis Tools
3.6.1. Porter's Five Force Analysis
3.6.2. PESTEL by SWOT Analysis
3.6.3. COVID-19 Impact Analysis

Chapter 4. Formulation Development Outsourcing Market: Service Estimates & Trend Analysis
4.1. Formulation Development Outsourcing Market, by Service: Segment Dashboard
4.2. Formulation Development Outsourcing Market, by Service: Movement Analysis
4.3. Formulation Development Outsourcing Market Estimates & Forecasts, by Service, 2018-2030
4.4. Preformulation
4.5. Formulation Development

Chapter 5. Formulation Development Outsourcing Market: Formulation Estimates & Trend Analysis
5.1. Formulation Development Outsourcing Market, by Formulation: Segment Dashboard
5.2. Formulation Development Outsourcing Market, by Formulation: Movement Analysis
5.3. Formulation Development Outsourcing Market Estimates & Forecasts, by Formulation, 2018-2030
5.4. Oral
5.5. Injectable
5.6. Topical
5.7. Others

Chapter 6. Formulation Development Outsourcing Market: Therapeutic Area Estimates & Trend Analysis
6.1. Formulation Development Outsourcing Market, by Therapeutic Area: Segment Dashboard
6.2. Formulation Development Outsourcing Market, by Therapeutic Area: Movement Analysis
6.3. Formulation Development Outsourcing Market Estimates & Forecasts, by Therapeutic Area, 2018-2030
6.4. Oncology
6.5. Infectious Disease
6.6. Neurology
6.7. Hematology
6.8. Respiratory
6.9. Cardiovascular
6.10. Dermatology
6.11. Others

Chapter 7. Formulation Development Outsourcing Market: End Use Estimates & Trend Analysis
7.1. Formulation Development Outsourcing Market, by End Use: Segment Dashboard
7.2. Formulation Development Outsourcing Market, by End Use: Movement Analysis
7.3. Formulation Development Outsourcing Market Estimates & Forecasts, by End Use, 2018-2030
7.4. Pharmaceutical and Biopharmaceutical Companies
7.5. Government and Academic Institutes
7.6. Others

Chapter 8. Formulation Development Outsourcing Market: Regional Estimates & Trend Analysis
8.1. Regional Market Share Analysis, 2024 & 2030
8.2. Regional Market Dashboard
8.3. Global Regional Market Snapshot
8.4. North America
8.5. Europe
8.6. Asia-Pacific
8.7. Latin America
8.8. MEA

Chapter 9. Competitive Landscape
9.1. Market Participant Categorization
9.2. Company Market Share/Assessment Analysis, 2024
9.3. Company Profiles
9.3.1. SGS Limited SA
9.3.2. Intertek Group plc
9.3.3. Recipharm
9.3.4. Lonza
9.3.5. Charles River Laboratories International, Inc.
9.3.6. Eurofins Scientific SE
9.3.7. Element
9.3.8. Labcorp
9.3.9. Thermo Fisher Scientific , Inc.
9.3.10. Catalent Inc.

Chapter 10. Key Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/6pjxkw

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