Market revenue in 2023 | USD 259.2 million |
Market revenue in 2030 | USD 385.2 million |
Growth rate | 5.8% (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 |
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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 42.44% in 2023. Horizon Databook has segmented the UAE 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.
Several initiatives being undertaken by various organizations to boost the biotechnology and biopharmaceutical sectors in the country are anticipated to support market growth in the UAE. For instance, the Dubai Biotechnology and Research Park (DuBiotech) is a science & business park devoted to the biotechnology sector, which facilitates government-funded R&D activities.
DuBiotech’s infrastructure includes R&D labs and biotech-related educational & research institutions, which fosters the creation of new technologies for vaccines & biologics. Furthermore, with growing economic strength and rising dominance of this country in the Middle East, its biomanufacturing capabilities are expected to grow in the near future and fuel microbial fermentation technology market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE microbial fermentation technology market , including forecasts for subscribers. This country databook contains high-level insights into UAE microbial fermentation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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