Mexico Downstream Processing Market Size & Outlook
Mexico downstream processing market, 2018-2030 (US$M)
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Mexico downstream processing market highlights
- The Mexico downstream processing market generated a revenue of USD 161.2 million in 2023 and is expected to reach USD 374.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, chromatography systems was the largest revenue generating product in 2023.
- Filters is the most lucrative product segment registering the fastest growth during the forecast period.
Downstream processing market data book summary
| Market revenue in 2023 | USD 161.2 million |
| Market revenue in 2030 | USD 374.4 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Chromatography systems |
| Fastest growing segment | Filters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers |
| Key market players worldwide | Merck KGaA, Sartorius AG, GE HealthCare Technologies Inc Common Stock, Thermo Fisher Scientific Inc, Danaher Corp, Repligen Corp, 3M Co, Boehringer Ingelheim, Corning Inc, Lonza Group Ltd, Dover Corp, Asahi Kasei Corp, Eppendorf |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.4% of the global downstream processing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil downstream processing market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,301.0 million by 2030.
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Downstream Processing Market Scope
Downstream Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico downstream processing 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 downstream processing market will help companies and investors design strategic landscapes.
Chromatography systems was the largest segment with a revenue share of 39.76% in 2023. Horizon Databook has segmented the Mexico downstream processing market based on chromatography systems, filters, evaporators, centrifuges, dryers covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico downstream processing market is driven by the growth of biotechnology industry in the country. Nearly 33% of the country’s biotechnology industry work in the human health segment, and 19% in the industrial applications segment. In addition, most of the U.S.-based manufacturers have their production facilities in Mexico owing to the geographical convenience and low costs in the country.
Major drug manufacturers that have their production facilities in Mexico include Merck and Bayer, AstraZeneca, Pfizer, and GlaxoSmithKline. The country also offers a favorable political climate and stringent quality standards. In terms of total gross production, pharmaceutical manufacturing is one of Mexico’s top three manufacturing industries, and its federal government is actively interested in strengthening the associated regulatory framework. In addition, education level in Mexico has risen, which has increased the labor force of the country that can operate in downstream processes.
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Target buyers of Mexico downstream processing market databook
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Our clientele includes a mix of downstream processing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the Mexico downstream processing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico downstream processing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico downstream processing market size, by product, 2018-2030 (US$M)
Mexico Downstream Processing Market Outlook Share, 2023 & 2030 (US$M)
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