South Korea Live Biotherapeutic Products And Microbiome Cdmo Market Size & Outlook
South Korea live biotherapeutic products and microbiome cdmo market, 2018-2030 (US$M)
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South Korea live biotherapeutic products and microbiome cdmo market highlights
- The South Korea live biotherapeutic products and microbiome cdmo market generated a revenue of USD 0.1 million in 2023 and is expected to reach USD 1.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 48.3% from 2024 to 2030.
- In terms of segment, c.difficle was the largest revenue generating application in 2023.
- C.difficle is the most lucrative application segment registering the fastest growth during the forecast period.
Live biotherapeutic products and microbiome cdmo market data book summary
| Market revenue in 2023 | USD 0.1 million |
| Market revenue in 2030 | USD 1.9 million |
| Growth rate | 48.3% (CAGR from 2023 to 2030) |
| Largest segment | C.difficle |
| Fastest growing segment | C.difficle |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | C.difficle, Crohns disease, IBS, Diabetes |
| Key market players worldwide | Carbios SA, Boise Cascade Co, Assembly Biosciences Inc, Wacker Chemie AG, SGS AG, Lonza Group Ltd, Arranta Bio, 4D Pharma, NIZO, Inpac Pharma |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.4% of the global live biotherapeutic products and microbiome cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China live biotherapeutic products and microbiome cdmo market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10.4 million by 2030.
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Live Biotherapeutic Products And Microbiome CDMO Market Scope
Live Biotherapeutic Products And Microbiome CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea live biotherapeutic products and microbiome cdmo 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 live biotherapeutic products and microbiome cdmo market will help companies and investors design strategic landscapes.
C.difficle was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the South Korea live biotherapeutic products and microbiome cdmo market based on c.difficle, crohns disease, ibs, diabetes covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is a prominent destination for clinical trials in Asia, with its superior medical infrastructure and a highly educated, relatively healthy & wealthy population. The companies operating in the country are increasingly focusing on the development of microbiome-based LBPs. Moreover, in South Korea, Seoul has continued R&D in this promising market.
Government support in the country to develop a robust clinical trial environment is anticipated to contribute to market growth. In addition, government funding and strategic R&D collaborations promote the development of new medicines in the country. These factors are expected to propel growth during the forecast period.
For instance, in February 2023, LISCure Biosciences, Inc., a South Korean startup, announced a multiyear R&D collaboration with Celltrion to discover microbiome therapy for Parkinson's disease. Furthermore, under the agreement, both companies will develop oral LBPs for Parkinson's disease.
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Target buyers of South Korea live biotherapeutic products and microbiome cdmo market databook
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Our clientele includes a mix of live biotherapeutic products and microbiome cdmo 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 Korea live biotherapeutic products and microbiome cdmo market , including forecasts for subscribers. This country databook contains high-level insights into South Korea live biotherapeutic products and microbiome cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea live biotherapeutic products and microbiome cdmo market size, by application, 2018-2030 (US$M)
South Korea Live Biotherapeutic Products And Microbiome CDMO Market Outlook Share, 2023 & 2030 (US$M)
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