Regulatory Landscape of the Bio-production CMO & CRO Market The Bio-production CMO & CRO Market is predicted to reach USD 52.1 billion with a CAGR of 5.7% by 2030. Bio-production CMO (Contract Manufacturing Organization) and CRO (Contract Research Organization) are two entities in the biotechnology and pharmaceutical industries. A bio-production CMO specializes in manufacturing biological products on a contract basis for other companies. They have the necessary infrastructure and expertise to produce complex biopharmaceuticals such as therapeutic proteins, vaccines, and cell therapies. By outsourcing manufacturing to CMOs, companies can focus on their core competencies while benefiting from the CMO's manufacturing capabilities. Catch the latest updates: https://www.nextmsc.com/report/bio-production-cmo-cro-market