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Strong Growth Ahead: Non-Therapeutic Biomolecules Market Size To Grow At Arecord 11.1% Cagr By 2029
The Non-Therapeutic Biomolecules Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Non-Therapeutic Biomolecules Market Size Expected to Be by 2034?
The market size of non-therapeutic biomolecules has witnessed a rapid expansion in the past few years. The market is expected to rise from $30.76 billion in 2024 to $34.23 billion in 2025, marking a compound annual growth rate (CAGR) of 11.3%. Factors including elevated investments in research and development (R&D), a surge in uses in research and diagnostic fields, increasing consciousness and uptake of these biomolecules, strategic alliances and partnerships, as well as regulatory support have contributed to the growth during the historic period.
The market for non-therapeutic biomolecules is predicted to see quick expansion over the coming few years. It is anticipated to reach $52.15 billion by 2029, with a compound annual growth rate (CAGR) of 11.1%. This projected growth in the upcoming period can be credited to factors like burgeoning market opportunities, improvements in data analytics and integration, rising emphasis on precision medicine, higher funding in individualized healthcare, and broadened application sectors. Important trends for this forecast period consist of technological progressions, planned partnerships, growing uses in the agricultural sector, a widening scope in industrial proceedings, alongside customization and personalization.
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What Are the Emerging Segments Within the Non-Therapeutic Biomolecules Market?
The non-therapeutic biomolecules market covered in this report is segmented -
1) By Trad Pharma: Enzymes, Recombinant Proteins, Plasmids, Peptides, Oligonucleotides, Monoclonal Antibodies
2) By End User: Research, Pharma, In Vitro Diagnostics(IVD)
Subsegments:
1) By Enzymes: Industrial Enzymes, Diagnostic Enzymes
2) By Recombinant Proteins: Antigens, Cytokines, Growth Factors
3) By Plasmids: Research Plasmids, Expression Plasmids
4) By Peptides: Antimicrobial Peptides, Signaling Peptides
5) By Oligonucleotides: Antisense Oligonucleotides, RNAi Oligonucleotides
6) By Monoclonal Antibodies: Research Antibodies, Diagnostic Antibodies
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What Long-Term Drivers Are Shaping Non-Therapeutic Biomolecules Market Trends?
The non-therapeutic biomolecules market is set to experience significant growth due to the exponential increase in research and laboratory testing activities. Laboratory evaluations involve medically examining body samples, such as blood or urine, with the aim of diagnosing and monitoring diseases, as well as formulating treatment plans. Research, on the other hand, involves creating new insights or using existing knowledge ingeniously to establish new principles and comprehension. Non-therapeutic biomolecules feature prominently in these laboratory examinations, where they are used to determine the existence or density of a disease-indicating biomarker molecule, thus improving the precision and sensitivity of the test. As an example, National Health Service (NHS), a hospital and health care provider based in the UK, announced in July 2024 that there had been a 21% surge in testing activities in May 2024 compared to the same period the previous year, surpassing pre-pandemic levels seen in 2023. As such, this substantial increase in research and laboratory testing activities is stimulating the non-therapeutic biomolecules market's expansion.
Who Are the Top Competitors in Key Non-Therapeutic Biomolecules Market Segments?
Major companies operating in the non-therapeutic biomolecules market are Amgen Inc., Genentech Inc., Merck KGaA, Lonza Group AG, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Agilent Technologies Inc., Charles River Laboratories International Inc., GE Healthcare Life Sciences, Fujifilm Diosynth Biotechnologies, Evonik Industries AG, Seikagaku Corporation, Takeda Pharmaceutical Company Limited, MilliporeSigma, Covance Inc., Sartorius AG, Sanofi S.A., CordenPharma International, Bayer AG, WuXi AppTec, Ginkgo Bioworks, Synlogic Inc., 3M Company, Eppendorf AG, Medtronic Plc, Bio-Techne Corporation, Iovance Biotherapeutics Inc., Vectalys, Avid Bioservices Inc., Sientra Inc.
What Non-Therapeutic Biomolecules Market Trends Are Gaining Traction Across Different Segments?
A significant trend attracting traction in the non-therapeutic biomolecules market is the drive for product innovations. Key players in the industry are investing in research and development initiatives aimed at achieving product improvement to maintain their presence in the market. For instance, in January 2022, German multinational chemical company BASF SE teamed up with Korean biomimetic peptide research and development company Caregen to launch the Peptovitae series. Developed using liposome-encapsulation technology, the series has thus augmented BASF SE's dermo-cosmetics range, offering innovative and unique solutions for diverse skin issues. Liposomal Encapsulation is a process that employs fats to disperse vital vitamins or medications to targeted body areas in minute bubbles without impacting other body areas. The Peptovitae series offers solutions for a more extensive array of skin issues beyond what peptides are typically used for, such as age-related signs, improving skin luminosity, calming dry and itchy skin, and providing skin hydration.
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Which Regions Are Becoming Hubs for Non-Therapeutic Biomolecules Market Innovation?
Asia-Pacific was the largest region in the non-therapeutic biomolecules market share in 2024. The regions covered in the non-therapeutic biomolecules market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Non-Therapeutic Biomolecules Market?
2. What is the CAGR expected in the Non-Therapeutic Biomolecules Market?
3. What Are the Key Innovations Transforming the Non-Therapeutic Biomolecules Industry?
4. Which Region Is Leading the Non-Therapeutic Biomolecules Market?
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