Drug Formulation Market Size to Worth US$ 2.95 Trillion By 2032

According to the new research report published by Precedence Research, titled “Drug Formulation Market (By Formulation: Tablets, Capsules, Injectable, Sprays, Suspensions, Powders, Other; By Routes of Administration: Oral, Topical, Parenteral Inhalations, Other; By Therapy Area: Cardiovascular Diseases, Pain, Diabetes, Cancer, Respiratory Diseases, Other Diseases; By End-User: Retail, Non-retail) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032 (By Product: Traditional, Advanced; By Application: Pottery, Tiles, Abrasives, Sanitary wave, Bricks & pipes, Others; By End User: Medical, Industrial, Building & Construction, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032”, the global drug formulation market size is expected to be worth around US$ 2.95 trillion by 2032 and is poised to record a yearly growth rate of 6.05% from 2023 to 2032. The study investigates several elements and their consequences on the growth of the all-wheel drive market.

This report focuses on drug formulation market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall drug formulation market size by analysing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.

Drug Formulation Market Size 2023 To 2032 - Precedence Statistics

 The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2032. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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The study also provides important advancements in organic and inorganic growth strategies in the worldwide drug formulation market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of drug formulation market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.

Drug Formulation Market Report Scope 

Report Coverage Details
Market Size in 2023 USD 1.74 Trillion
Market Size by 2032 USD 2.95 Trillion
Growth Rate from 2023 to 2032 CAGR of 6.05%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Formulation, By Routes of Administration, By Therapy Area and By End-User

Also read: Humanoid Robot Market Size to Worth US$ 28.66 Billion By 2032

Market Key Players

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the drug formulation market.

Some of the prominent players in the drug formulation market include

  • Bristol-Myers Squibb
  • Eli Lilly and Company
  • Gilead Sciences, Inc.
  • Merck & Co., Inc.
  • Novartis AG
  • Pfizer Inc.
  • AbbVie Inc.
  • Boehringer Ingelheim International GmbH
  • F. Hoffmann-La Roche AG
  • Johnson & Johnson
  • 3M Company
  • Bayer AG
  • Teva Pharmaceuticals Industries Ltd.
  • Amgen, Inc.
  • Sanofi SA
  • GlaxoSmithKline plc
  • Boston

Drug Formulation Market Segmentations 

By Formulation

  • Tablets
  • Capsules
  • Injectable
  • Sprays
  • Suspensions
  • Powders
  • Other Formulations

By Routes of Administration

  • Oral
  • Topical
  • Parenteral
  • Inhalations
  • Other Routes of Administration

By Therapy Area

  • Cardiovascular Diseases (CVDs)
  • Pain
  • Diabetes
  • Cancer
  • Respiratory Diseases
  • Other Diseases

By End-User

  • Retail
  • Non-retail

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Report Objectives 

  • To define, segment, and project the global market size for drug formulation market
  • To understand the structure of the market by identifying its various sub-segments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyse the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
  • To profile key players and comprehensively analyse their core competencies
  • To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
  • To analyse the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements 

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Drug Formulation Market 

5.1. COVID-19 Landscape: Drug Formulation Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Drug Formulation Market, By Formulation

8.1. Drug Formulation Market, by Formulation, 2023-2032

8.1.1. Tablets

8.1.1.1. Market Revenue and Forecast (2023-2032)

8.1.2. Capsules

8.1.2.1. Market Revenue and Forecast (2023-2032)

8.1.3. Injectable

8.1.3.1. Market Revenue and Forecast (2023-2032)

8.1.4. Sprays

8.1.4.1. Market Revenue and Forecast (2023-2032)

8.1.5. Suspensions

8.1.5.1. Market Revenue and Forecast (2023-2032)

8.1.6. Powders

8.1.6.1. Market Revenue and Forecast (2023-2032)

8.1.7. Other Formulations

8.1.7.1. Market Revenue and Forecast (2023-2032)

Chapter 9. Global Drug Formulation Market, By Routes of Administration

9.1. Drug Formulation Market, by Routes of Administration, 2023-2032

9.1.1. Oral

9.1.1.1. Market Revenue and Forecast (2023-2032)

9.1.2. Topical

9.1.2.1. Market Revenue and Forecast (2023-2032)

9.1.3. Parenteral

9.1.3.1. Market Revenue and Forecast (2023-2032)

9.1.4. Inhalations

9.1.4.1. Market Revenue and Forecast (2023-2032)

9.1.5. Other Routes of Administration

9.1.5.1. Market Revenue and Forecast (2023-2032)

Chapter 10. Global Drug Formulation Market, By Therapy Area 

10.1. Drug Formulation Market, by Therapy Area, 2023-2032

10.1.1. Cardiovascular Diseases (CVDs)

10.1.1.1. Market Revenue and Forecast (2023-2032)

10.1.2. Pain

10.1.2.1. Market Revenue and Forecast (2023-2032)

10.1.3. Diabetes

10.1.3.1. Market Revenue and Forecast (2023-2032)

10.1.4. Cancer

10.1.4.1. Market Revenue and Forecast (2023-2032)

10.1.5. Respiratory Diseases

10.1.5.1. Market Revenue and Forecast (2023-2032)

10.1.6. Other Diseases

10.1.6.1. Market Revenue and Forecast (2023-2032)

Chapter 11. Global Drug Formulation Market, By End-User 

11.1. Drug Formulation Market, by End-User, 2023-2032

11.1.1. Retail

11.1.1.1. Market Revenue and Forecast (2023-2032)

11.1.2. Non-retail

11.1.2.1. Market Revenue and Forecast (2023-2032)

Chapter 12. Global Drug Formulation Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.1.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.1.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.1.4. Market Revenue and Forecast, by End-User (2023-2032)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.1.5.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.1.5.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.1.5.4. Market Revenue and Forecast, by End-User (2023-2032)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.1.6.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.1.6.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.1.6.4. Market Revenue and Forecast, by End-User (2023-2032)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.2.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.2.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.2.4. Market Revenue and Forecast, by End-User (2023-2032)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.2.5.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.2.5.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.2.5.4. Market Revenue and Forecast, by End-User (2023-2032)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.2.6.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.2.6.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.2.6.4. Market Revenue and Forecast, by End-User (2023-2032)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.2.7.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.2.7.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.2.7.4. Market Revenue and Forecast, by End-User (2023-2032)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.2.8.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.2.8.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.2.8.4. Market Revenue and Forecast, by End-User (2023-2032)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.3.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.3.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.3.4. Market Revenue and Forecast, by End-User (2023-2032)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.3.5.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.3.5.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.3.5.4. Market Revenue and Forecast, by End-User (2023-2032)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.3.6.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.3.6.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.3.6.4. Market Revenue and Forecast, by End-User (2023-2032)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.3.7.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.3.7.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.3.7.4. Market Revenue and Forecast, by End-User (2023-2032)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.3.8.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.3.8.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.3.8.4. Market Revenue and Forecast, by End-User (2023-2032)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.4.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.4.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.4.4. Market Revenue and Forecast, by End-User (2023-2032)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.4.5.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.4.5.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.4.5.4. Market Revenue and Forecast, by End-User (2023-2032)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.4.6.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.4.6.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.4.6.4. Market Revenue and Forecast, by End-User (2023-2032)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.4.7.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.4.7.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.4.7.4. Market Revenue and Forecast, by End-User (2023-2032)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.4.8.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.4.8.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.4.8.4. Market Revenue and Forecast, by End-User (2023-2032)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.5.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.5.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.5.4. Market Revenue and Forecast, by End-User (2023-2032)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.5.5.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.5.5.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.5.5.4. Market Revenue and Forecast, by End-User (2023-2032)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Formulation (2023-2032)

12.5.6.2. Market Revenue and Forecast, by Routes of Administration (2023-2032)

12.5.6.3. Market Revenue and Forecast, by Therapy Area (2023-2032)

12.5.6.4. Market Revenue and Forecast, by End-User (2023-2032)

Chapter 13. Company Profiles

13.1. Bristol-Myers Squibb

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Eli Lilly and Company

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Gilead Sciences, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Merck & Co., Inc.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Novartis AG

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Pfizer Inc.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. AbbVie Inc.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Boehringer Ingelheim International GmbH

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. F. Hoffmann-La Roche AG

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Johnson & Johnson

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global drug formulation market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for drug formulation are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2023-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Call: +1 9197 992 333

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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