Spain Microbial Fermentation Technology Market Size & Outlook
Spain microbial fermentation technology market, 2018-2030 (US$M)
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Spain microbial fermentation technology market highlights
- The Spain microbial fermentation technology market generated a revenue of USD 491.4 million in 2023 and is expected to reach USD 644.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 4% 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 491.4 million |
| Market revenue in 2030 | USD 644.6 million |
| Growth rate | 4% (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, Spain accounted for 1.5% 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 Europe, UK microbial fermentation technology market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,961.9 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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Spain 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 41.92% in 2023. Horizon Databook has segmented the Spain 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.
Spain is one of the key economies in Europe for the biotechnology and pharmaceutical industry. Minimum intervention pertaining to government regulations and laws to attract R&D teams & manufacturers is a major factor driving the country’s market. Relaxed regulations in the manufacturing and trading sector can also encourage companies to establish their production facilities in Spain, thus resulting in the expansion of microbial fermentation technology market.
The country is also anticipated to exhibit immense growth potential during the forecast period due to the increasing interest of investors in innovative biological therapies. There are over 3,000 biotechnology companies in the country, of which, around 50% of companies lead the healthcare industry with the launch of novel products in diagnostics and therapeutics.
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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 Spain microbial fermentation technology market , including forecasts for subscribers. This country databook contains high-level insights into Spain microbial fermentation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain microbial fermentation technology market size, by end use, 2018-2030 (US$M)
Spain Microbial Fermentation Technology Market Outlook Share, 2023 & 2030 (US$M)
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