Latin America Dna And Gene Cloning Services Market Size & Outlook
The dna and gene cloning services market in Latin America is expected to reach a projected revenue of US$ 210.3 million by 2030. A compound annual growth rate of 13.3% is expected of Latin America dna and gene cloning services market from 2024 to 2030.
Revenue, 2023 (US$M)
$87.8
Forecast, 2030 (US$M)
$210.3
CAGR, 2024 - 2030
13.3%
Report Coverage
Latin America
Latin America dna and gene cloning services market, 2018-2030 (US$M)
Related Markets
Latin America dna and gene cloning services market highlights
- The Latin America dna and gene cloning services market generated a revenue of USD 87.8 million in 2023.
- The market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
- In terms of segment, gene synthesis was the largest revenue generating service in 2023.
- Custom Cloning is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 87.8 million |
| Market revenue in 2030 | USD 210.3 million |
| Growth rate | 13.3% (CAGR from 2023 to 2030) |
| Largest segment | Gene synthesis |
| Fastest growing segment | Custom Cloning |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Synthesis, Custom Cloning, Sub-cloning |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.5% of the global dna and gene cloning services market in 2023.
- 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 1,811.0 million by 2030.
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DNA and Gene Cloning Services Market Scope
Dna and gene cloning services market segmentation & scope
DNA and Gene Cloning Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America dna and gene cloning services market size, by country, 2018-2030 (US$M)
Latin America DNA and Gene Cloning Services Market Outlook Share, 2023 & 2030 (US$M)
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