Venture Capital
Andrea Alms Video: Money In Motion 60 - Vaccine Manufacturing Market
June 2023 - Venture Capital
TRANSCRIPT
Hello, my name is Andrea Alms. I'm technology investor and financial manager And this is your money in motion. As an outgrowth of the Micro Career Bead Market Analysis report. We explored its uses in the cultivated meat market. Now we check out the global vaccine contract manufacturing market. According to research and markets, in 2022, the market was about 2.6 billion expected to grow to 7 billion in 2030 at a compound average growth rate of 12.9%.
Grandview Research Report cites the market at 1.8 billion in 2016 and expands at a growth rate of 9.3% at VMware report In 2020, the market was about 2.25 billion, expected to grow to 4.76 billion at a 9.2% growth rate. Averaging the averages, the market is about 2.2 billion and average growth rate of 10.5%. Even though these are different forecasting periods, the growth rates and the delta held.
On the next episode, we will take a closer look at the major players and a driving forces in the market. Thank you. This is your money, your money, in motion.