Downstream Processing Market is Booming and Predicted to Hit $92.0 Billion by 2030 | Boehringer Ingelheim, Lonza Group AG, Eppendorf AG, 3M Company, Finesse Solutions

According to the report published by Allied Market Research, the global Downstream Processing Market was estimated at $21.8 billion in 2020 and is expected to hit $92.0 billion by 2030, registering a CAGR of 13.5% from 2021 to 2030. The study analyzes the important strategies, drivers, competition, market dynamics, size, and important investment regions.

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Covid-19 scenario-

Rise in demand for Covid-19 vaccines across the world impacted the global downstream processing market positively, since downstream process is an important method utilized for the production of vaccines.

The key players in the industry also heightened their production to cater to the demand for products.

Key Takeaways:

Downstream processing refers to the purification and separation steps that occur after the production of biological materials, such as pharmaceuticals, enzymes, vaccines, and biofuels. It involves various techniques to separate and purify the desired product from the raw material or fermentation broth.

Growth Drivers: The downstream processing market is primarily driven by the increasing demand for biopharmaceuticals, advancements in technology for efficient purification, rising prevalence of chronic diseases requiring targeted therapies, and the growing use of biotechnology in various industries.

Biopharmaceuticals Dominate: The pharmaceutical sector is a major contributor to the downstream processing market. Biopharmaceuticals, including monoclonal antibodies, recombinant proteins, and vaccines, constitute a significant portion of the products that undergo downstream processing.

Market Segmentation:

Product Type:

Biopharmaceuticals: Includes monoclonal antibodies, vaccines, recombinant proteins, gene therapies, and cell-based therapies.

Nutraceuticals: Includes vitamins, dietary supplements, and functional foods.

Specialty Chemicals: Includes enzymes, biofuels, and industrial chemicals.

Technique:

Chromatography: Separation technique based on differences in molecular properties.

Filtration: Process of separating solids from liquids using porous materials.

Centrifugation: Utilizes centrifugal force to separate particles from a fluid.

Ultrafiltration/Diafiltration: A filtration process that removes solutes and small particles from a solution.

Precipitation: Formation of solids from a solution due to changes in conditions.

Extraction: Separation technique based on differences in solubility.

Others: Including crystallization, membrane separation, and adsorption.

End User:

Pharmaceutical and Biotechnology Companies: Major consumers of downstream processing for producing biopharmaceuticals.

Academic and Research Institutes: Utilized for research, process development, and training.
Contract Manufacturing Organizations (CMOs): Provide downstream processing services to pharmaceutical companies.

Food and Beverage Industry: For processing nutraceuticals and functional food ingredients.
Others: Including chemical industry, environmental applications, and energy sector.

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Competitive Landscape:

The key market players analyzed in the global downstream processing market report include Danaher Corporation, Repligen Corporation, Thermo Fisher Scientific Inc., Merck & Co., Inc., Boehringer Ingelheim, Lonza Group AG, Eppendorf AG, 3M Company, Finesse Solutions, Inc., and Sartorius Stedim Biotech S.A. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

Regional Growth Dynamics:

Asia-Pacific witnessed the highest growth rate for the downstream processing market and is expected to continue this trend throughout the forecast period, which is attributed to rise in expenditure on healthcare and improvement in the medical and healthcare infrastructure. In addition, the key market players focus on opportunities offered by the growing demand for single-use systems in the downstream process. This system is highly cost-effective, which has gained popularity among end users. Moreover, significant growth of the pharmaceutical and biotechnology industries supplements the market growth.

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