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CATEGORYFY24

MEDICINAL AND BOTANICAL MANUFACTURING

Market size$4.7B

MEDICINAL AND BOTANICAL MANUFACTURING (NAICS code 325411) involves the production of pharmaceuticals, biological products, and herbal medicines. Federal spending in this category totaled $30,000 in FY24. A surprising aspect of this market is its extreme concentration: all recorded federal contracting in this area stems from a single contract, awarded to one vendor by one agency. Companies like Bruker AXS LLC and ICU Medical Sales Inc. operate in sectors that can overlap with the specialized scientific processes found in this manufacturing field.

NAICS
325411
Contracts
173,442
Vendors
101
Agencies
9
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