Brazil Microbial Fermentation Technology Market Size & Outlook
Brazil microbial fermentation technology market, 2018-2030 (US$M)
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Brazil microbial fermentation technology market highlights
- The Brazil microbial fermentation technology market generated a revenue of USD 1,720.5 million in 2023 and is expected to reach USD 2,402.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, cmos & cdmos was the largest revenue generating end use in 2023.
- CMOs & CDMOS is the most lucrative end use segment registering the fastest growth during the forecast period.
Microbial fermentation technology market data book summary
| Market revenue in 2023 | USD 1,720.5 million |
| Market revenue in 2030 | USD 2,402.6 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Cmos & cdmos |
| Fastest growing segment | CMOs & CDMOS |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopharmaceutical Companies, CMOs & CDMOS, Academic And Research Organizations |
| Key market players worldwide | Danone SA, Roche Holding AG ADR, Koninklijke DSM NV, Lonza Group Ltd, Novonesis AS ADR, Biocon, BioVectra, TerraVia - Assets, BiOZEEN |
Other key industry trends
- In terms of revenue, Brazil accounted for 5.2% of the global microbial fermentation technology market in 2023.
- Country-wise, Canada is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil microbial fermentation technology 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 2,402.6 million by 2030.
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Microbial Fermentation Technology Market Scope
Microbial Fermentation Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil microbial fermentation technology 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 microbial fermentation technology market will help companies and investors design strategic landscapes.
Cmos & cdmos was the largest segment with a revenue share of 42.39% in 2023. Horizon Databook has segmented the Brazil microbial fermentation technology market based on biopharmaceutical companies, cmos & cdmos, academic and research organizations covering the revenue growth of each sub-segment from 2018 to 2030.
Rise in government initiatives to ensure GMP compliance & improve the domestic drug manufacturing system among small and medium-sized companies to reduce the country’s pharma trade deficit is expected to positively impact market growth. Furthermore, the presence of several GMP-certified plants along with the low manufacturing costs are attracting manufacturers from other countries to establish their facilities in this country, thus driving the market growth.
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Our clientele includes a mix of microbial fermentation technology market companies, investment firms, advisory firms & academic institutions.
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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 Brazil microbial fermentation technology market , including forecasts for subscribers. This country databook contains high-level insights into Brazil microbial fermentation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil microbial fermentation technology market size, by end use, 2018-2030 (US$M)
Brazil Microbial Fermentation Technology Market Outlook Share, 2023 & 2030 (US$M)
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