Press release
Downstream Processing Market Sets New Record, Projected at USD 92 Billion by 2030 at 13.5 % CAGR | Religen Inc, Sartorius Stedim Biotech S.A, Lonza Group AG, Merck KGaA., Bio Rad Laboratories.
chromatography columns and resins segment would also exhibit the fastest CAGR of 14.7% from 2021 to 2030.
The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 14.6% by the end of 2030.
The purification segment exhibit the fastest CAGR of 14.4% throughout the forecast period.
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.
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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.
Market Segmentation:
Product Type:
By Technology
Purification
Separation
Clarification/Concentration
By Product:
Chromatography Columns and Resins
Filters
Membrane Adsorbers
Other Products
By System:
Single Use System
Re Usable System
By Application:
Monoclonal Antibody Production
Vaccine Production
Insulin Production
Immunoglobulin Production
Erythropoietin Production
Other Applications
By End User:
Biopharmaceutical Manufacturers
Contract Manufacturing Organizations (CMOs)
By Region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, India, Australia, South Korea, Rest Of Asia Pacific)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Regional Growth Dynamics:
Based on region, the market across North America held the lion's share in 2020, garnering around two-fifths of the global market. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 14.6% by the end of 2030. The other provinces studied in the report include Europe and LAMEA.
Competitive Landscape:
Repligen Corporation
Thermo Fisher Scientific Inc.
Merck & Co., Inc.
Boehringer Ingelheim
Lonza Group AG
Eppendorf AG
3M Company
Finesse Solutions, Inc.
Sartorius Stedim Biotech S.A.
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Key Questions Answered in the Intelligent Study
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
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