Latin America Bioprocess Bags Market Size & Outlook
Latin America bioprocess bags market, 2018-2030 (US$M)
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Latin America bioprocess bags market highlights
- The Latin America bioprocess bags market generated a revenue of USD 137.9 million in 2024.
- The market is expected to grow at a CAGR of 16.9% from 2025 to 2030.
- In terms of segment, upstream process was the largest revenue generating workflow in 2024.
- Downstream Process is the most lucrative workflow segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 137.9 million |
| Market revenue in 2030 | USD 351.9 million |
| Growth rate | 16.9% (CAGR from 2024 to 2030) |
| Largest segment | Upstream process |
| Fastest growing segment | Downstream Process |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Upstream Process, Downstream Process, Process Development |
| Key market players worldwide | Thermo Fisher Scientific Inc, Sartorius AG, Danaher Corp, Merck KGaA, Compagnie de Saint-Gobain SA, Corning Inc, Entegris Inc, Meissner, ProAnalytics, CellBios |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.4% of the global bioprocess bags market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,084.0 million by 2030.
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Bioprocess Bags Market Scope
Bioprocess Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America bioprocess bags market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bioprocess bags market will help companies and investors design strategic landscapes.
Upstream process was the largest segment with a revenue share of 44.82% in 2024. Horizon Databook has segmented the Latin America bioprocess bags market based on upstream process, downstream process, process development covering the revenue growth of each sub-segment from 2018 to 2030.
The improving GDP and increasing developments by major market players in Latin America (LATAM) are anticipated to boost regional market growth. Increasing usage of single-use technology by contract service providers is expected to play a key role in reshaping the bioprocess bags landscape in Latin America.
Furthermore, the presence of international companies, such as Catalent, Inc., in LATAM countries, which have incorporated disposables in their plants, is expected to boost regional growth in the coming years. Moreover, global firms such as Sartorius, Danaher, Thermo Fisher Scientific, and Merck KGaA are engaged in the development and distribution of disposables in LATAM.
These factors are likely to boost revenue growth during the forecast period. However, the lack of government support is one of the major challenges in this region, which may restrain market growth to a certain extent.
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Our clientele includes a mix of bioprocess bags market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bioprocess bags market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bioprocess bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America bioprocess bags market size, by country, 2018-2030 (US$M)
Latin America Bioprocess Bags Market Outlook Share, 2024 & 2030 (US$M)
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