North America Microbial Fermentation Technology Market Size & Outlook
North America microbial fermentation technology market, 2018-2030 (US$M)
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North America microbial fermentation technology market highlights
- The North America microbial fermentation technology market generated a revenue of USD 8,295.3 million in 2023.
- The market is expected to grow at a CAGR of 5.6% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 8,295.3 million |
| Market revenue in 2030 | USD 12,117.4 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Cmos & cdmos |
| Fastest growing segment | CMOs & CDMOS |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 24.9% of the global microbial fermentation technology market in 2023.
- Globally, Asia Pacific 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 24,222.0 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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North America 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 43.45% in 2023. Horizon Databook has segmented the North America 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.
North America has some of the largest in-house biopharmaceutical manufacturing facilities and the current industry trend of increased adoption of microbial fermentation technology due to easy handling & processing methods among biomanufacturers is anticipated to further boost the market in this region.
The presence of key market players in North America has also led to the development of a strengthened supply channel and management partnerships between distributors, which has further increased widespread adoption of microbial technologies.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America microbial fermentation technology market , including forecasts for subscribers. This continent databook contains high-level insights into North America microbial fermentation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America microbial fermentation technology market size, by country, 2018-2030 (US$M)
North America Microbial Fermentation Technology Market Outlook Share, 2023 & 2030 (US$M)
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