South Africa Downstream Processing Market Size & Outlook
South Africa downstream processing market, 2018-2030 (US$M)
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South Africa downstream processing market highlights
- The South Africa downstream processing market generated a revenue of USD 150.3 million in 2023 and is expected to reach USD 307.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.8% 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 150.3 million |
| Market revenue in 2030 | USD 307.9 million |
| Growth rate | 10.8% (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, South Africa 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 Middle East & Africa, South Africa downstream processing market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 307.9 million by 2030.
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Downstream Processing Market Scope
Downstream Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 35.33% in 2023. Horizon Databook has segmented the South Africa downstream processing market based on chromatography systems, filters, evaporators, centrifuges, dryers covering the revenue growth of each sub-segment from 2018 to 2030.
Government organizations, such as the South African Agency for Science and Technology Advancement (SAASTA), Southern African Association of Science and Technology Centres (SAASTEC), and South African National Research Foundation (NRF), are actively involved in introducing innovations and supporting the fields of science, biotechnology, engineering, and technology.
According to a survey conducted by NRF and SAASTA, the public familiarity of the term “biotechnology” has increased from 21% in 2004 to 53% in 2015 in South Africa. However, when compared to the developed countries of the world, South Africa still has a long way to go in terms of growth of the biotechnology and bioprocess sector.
To improve this, the government launched bio-economy strategy under which government departments and research institutions work together with industrial and health sectors to cover every possible link in the innovation chain right from basic research to product commercialization. Therefore, government initiatives for advancements in biotechnology are expected to drive the downstream processing market growth in South Africa.
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Target buyers of South Africa 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa downstream processing market , including forecasts for subscribers. This country databook contains high-level insights into South Africa downstream processing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa downstream processing market size, by product, 2018-2030 (US$M)
South Africa Downstream Processing Market Outlook Share, 2023 & 2030 (US$M)
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