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Generic Pharmaceutical Manufacturing in Indiana

Author.Name IBISWorld United States Last Updated: March 2026 NAICS IN32541b

Generic Pharmaceutical Manufacturing in Indiana industry analysis

The Generic Pharmaceutical Manufacturing industry in Indiana is expected to decline an annualized -x.x% to $x.x billion over the five years to 2026, while the national industry will likely decline at -x.x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2031, the industry is expected to decline an annualized -x.x% to $x.x billion, while the national industry is expected to decline -x.x%. Industry establishments are forecast to decline -x.x% to x locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Generic Pharmaceutical Manufacturing in Indiana Market Research Report

What’s Included in the Generic Pharmaceutical Manufacturing in Indiana Market Research Report

Definition of the Generic Pharmaceutical Manufacturing in Indiana?

Generic pharmaceutical manufacturers produce medications that are bioequivalent to brand name drugs that regulatory agencies have already approved. Generic manufacturers create drugs that contain the same active ingredients, dosage form, strength and intended use as the original brand name drugs.

What’s included in the Generic Pharmaceutical Manufacturing in Indiana?

The Generic Pharmaceutical Manufacturing in Indiana includes developing and producing generic drugs, marketing and distributing generic drugs and gaining regulatory approval for generic drugs. Related terms covered in the Generic Pharmaceutical Manufacturing in Indiana industry report includes a prescription drug produced by brand pharmaceutical companies and marketed under a private label at a generic product price, a large protein molecule derived from living sources, as opposed to a chemical substance. examples include insulin, human growth hormones and antibiotics, a drug derived from living organisms and marketed after the patent expiration of similar therapies. also known as flow-on biologics or biogenerics, an application filed for the approval of a new drug product. once approved, the product may be marketed in the united states and the period when numerous patents on blockbuster drugs are set to expire.

Industry Performance of the Generic Pharmaceutical Manufacturing industry in Indiana

Benchmark the Generic Pharmaceutical Manufacturing in Indiana industry performance with all IN county and national performance.

Generic Pharmaceutical Manufacturing in Indiana

#8 in Highest Revenue 4.9% of state's GDP
Revenue (2026)
Annual Growth (2021-26)
Annual Growth (2026-31)

Generic Pharmaceutical Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Generic Pharmaceutical Manufacturing industry in Indiana

See how key industry drivers, such as population, median houshold income, labor force participation rate, total health expenditure, federal funding for medicare and medicaid and number of adults aged 65 and older are impacting Generic Pharmaceutical Manufacturing in Indiana

Indiana Economic Indicators

Population
Median Houshold Income
Labor Force Participation Rate

View more economic information in IN State Economic profile

US Key External Drivers

Total health expenditure
Federal funding for Medicare and Medicaid
Number of adults aged 65 and older

For the full list of industry drivers, see report purchase options.

County Data of the Generic Pharmaceutical Manufacturing industry in Indiana

Access proprietary data on county in the Generic Pharmaceutical Manufacturing in Indiana, such as Marion County, St. Joseph County and Elkhart County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Generic Pharmaceutical Manufacturing industry in Indiana

Download 19 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Generic Pharmaceutical Manufacturing industry in Indiana in 2026?

The market size of the Generic Pharmaceutical Manufacturing industry in Indiana is $1.7bn in 2026.

How many businesses are there in the Generic Pharmaceutical Manufacturing industry in Indiana in 2026?

There are 6 businesses in the Generic Pharmaceutical Manufacturing industry in Indiana, which has been declining at an average annual rate of -9.7% from 2021 to 2026.

Has the Generic Pharmaceutical Manufacturing industry in Indiana grown or declined over the past 5 years?

The market size of the Generic Pharmaceutical Manufacturing industry in Indiana has been declining at an average annual rate of -5.6% from 2021 to 2026.

How many employees in the Generic Pharmaceutical Manufacturing industry in Indiana in 2026?

There are 1,368 employees in the Generic Pharmaceutical Manufacturing industry in Indiana, which has been declining at an average annual rate of -2.9% from 2021 to 2026.