Denmark Cell Culture Market Size & Outlook, 2023-2030

The cell culture market in Denmark is expected to reach a projected revenue of US$ 453.2 million by 2030. A compound annual growth rate of 9.8% is expected of Denmark cell culture market from 2024 to 2030.
Revenue, 2023 (US$M)
$236.2
Forecast, 2030 (US$M)
$453.2
CAGR, 2024 - 2030
9.8%
Report Coverage
Denmark

Denmark cell culture market highlights

  • The Denmark cell culture market generated a revenue of USD 236.2 million in 2023 and is expected to reach USD 453.2 million by 2030.
  • The Denmark market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
  • In terms of segment, consumables was the largest revenue generating product in 2023.
  • Consumables is the most lucrative product segment registering the fastest growth during the forecast period.


Cell culture market data book summary

Market revenue in 2023USD 236.2 million
Market revenue in 2030USD 453.2 million
Growth rate9.8% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentConsumables
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConsumables, Instruments
Key market players worldwideSartorius AG, Danaher Corp, Merck KGaA, Thermo Fisher Scientific Inc, Corning Inc, Avantor Inc, BD, Eppendorf, Bio-Techne Corp, PromoCell GmbH


Other key industry trends

  • In terms of revenue, Denmark accounted for 1.3% of the global cell culture market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK cell culture market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 2,552.4 million by 2030.

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Cell Culture Market Companies

Name Profile # Employees HQ Website

Denmark cell culture 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 cell culture market will help companies and investors design strategic landscapes.


Consumables was the largest segment with a revenue share of 57.37% in 2023. Horizon Databook has segmented the Denmark cell culture market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.


Denmark is one of the European countries with the fastest-growing biotech investment. Danish biotech businesses secured venture capital investment of USD 434 million in 2021, an 11.8-fold increase over the past 5 years, demonstrating the second-fastest growth rate in Europe after the Netherlands.

These investments are anticipated to drive the demand for biotechnology tools, including cell culture solutions, thereby boosting the market growth in the coming years. Key players in the cell culture market in Denmark include Thermo Fisher Scientific, Bio-Rad Laboratories, Bionordika Denmark A/S, Fujifilm Diosynth Biotechnologies, and others.

Denmark is gaining increasing attention as an important country for the expansion of key market players. For instance, in June 2022, FUJIFILM Corporation invested USD 1.6 billion to increase the cell culture manufacturing services capacity of FUJIFILM Diosynth Biotechnologies in Hillerød, Denmark, and Texas in the U.S. These factors are anticipated to drive the market growth over the forecast period.

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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark cell culture market , including forecasts for subscribers. This country databook contains high-level insights into Denmark cell culture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Denmark cell culture market size, by product, 2018-2030 (US$M)

Denmark Cell Culture Market Outlook Share, 2023 & 2030 (US$M)

Denmark cell culture market size, by product, 2018-2030 (US$M)

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