Biological Product (except Diagnostic) Manufacturing - 2023 U.S. Market Research Report with Updated COVID-19 & Recession Forecasts

Biological Product (except Diagnostic) Manufacturing - 2023 U.S. Market Research Report with Updated COVID-19 & Recession Forecasts

The 2023 Biological Product (except Diagnostic) Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2014-2027. This report includes updated forecasts due to the economic impact of COVID-19 and a potential recession.

This 39-page report is based on extensive business surveys filled out by companies in the industry. Analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.

This Kentley Insights report includes historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, balance sheet benchmarks, plant utilization, BCG matrix, statistics by state, operating expense details, inventory costs, production material cost detail, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.

Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.

This U.S. industry includes companies primarily engaged in manufacturing vaccines, toxoids, blood fractions, and culture media of plant or animal origin (except diagnostic).

Below are a few of the hundreds of stats from the 2023 Biological Product (except Diagnostic) Manufacturing Market Research Report:

INDUSTRY SIZE

In 2022, industry sales were $41.9 billion
Purchase now for historical (2014-2022) and forecasted (2023, 2027) market size

INDUSTRY GROWTH

Over the past 3 years, the industry has grown at an annual rate of 7.8%
Purchase now for historical (2014-2022) and forecasted (2023, 2027) growth rates

COMPANY GROWTH

There are 252 companies in the industry
Learn more about the historical and forecasted industry composition

SALES PER FACILITY

In 2022, the average sales per facility was $124.7 million
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PPI & PRICING

2022 PPI growth was 3.2%
Purchase now for historical PPI (2014-2022), and forecasts for 2023 & 2027

FINANCIAL RATIO BENCHMARKS

Companies average a Fixed Asset Turnover ratio of 3

Benchmark nine other important financial ratios

PRODUCTIVITY ANALYSIS

In 2022, employee productivity was $849,970
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EXPENSE BENCHMARKING

2.3% of expenses are spent on health insurance
Benchmark against 24 other expense categories

OPERATING EXPENSES

In 2022, industry operating expenses grew 11%
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PAYROLL

In 2022, payroll per employee was $107,811
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PAYROLL BY STATE

California averages $112,877 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS

11.3% of employees in the industry are in management positions
Benchmark against 13 other job categories

JOB CATEGORIZATION PAY RANGES

The average industry hourly pay for office and administrative jobs is $25.32
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories

The above highlights represent a small fraction of what you will find in this report.

Purchase the 2023 U.S. Market Research Report on Biological Product (except Diagnostic) Manufacturing now to unlock the insight from one of the most trusted research firms.