NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2011/03/23 - The global contract manufacturing market is expected to grow at a tremendous CAGR of 11% during 2011-2013, says RNCOS in its new research report.
According to our latest research offering “Global Contract Manufacturing Market Analysis”, the contract manufacturing industry pertaining to the pharma industry will grow on the back of cost cutting measures, which are being adopted globally. Besides, the industry will gain momentum by the rising demands of the biopharmaceutical products. Biopharmaceutical products have been more efficient in both, prevention and cure of various diseases, and are hence being preferred over the normal chemical based drugs. However, the capital intensive nature of this particular segment has caused a big stir in the industry. As the pharma majors are looking to outsource the production of the biopharmaceutical products, the contract manufacturing industry is expected to grow at a CAGR of 11% till 2013.
To provide a clear view of the potential held by the market at the global level, we have segregated the market in terms of developed and developing contract manufacturing countries. Within each segment, there are numerous countries, which have been covered in detail, including an overview of the key players and their field of specialization in pharma manufacturing. Besides, the report includes the export figures of pharma products in some prominent contract manufacturing destinations.
Our report “Global Contract Manufacturing Market Analysis” comprises a detail competitive analysis providing the necessary information regarding a company’s business overview and the latest developments of the top contract manufacturing organizations. Additionally, we have analyzed and discussed key market trends related to the industry. The report also covers various issues that the industry is currently facing. Focusing on these problems will allow any company to avoid a break in its manufacturing process.
The report has been prepares by the prudent analysis of the recent and ongoing developments, market expectations, and driving factors. Besides the current market scenario, the report includes forecasts regarding the future market scenario. The report would help clients in enhancing their understanding regarding the industry and thereby, formulating strategies to help their business grow.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.