Denmark Mrna Synthesis Raw Materials Market Size & Outlook
Denmark mrna synthesis raw materials market, 2018-2030 (US$M)
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Denmark mrna synthesis raw materials market highlights
- The Denmark mrna synthesis raw materials market generated a revenue of USD 46.4 million in 2023 and is expected to reach USD 51.1 million by 2030.
- The Denmark market is expected to grow at a CAGR of 1.4% from 2024 to 2030.
- In terms of segment, capping agents was the largest revenue generating type in 2023.
- Capping Agents is the most lucrative type segment registering the fastest growth during the forecast period.
Mrna synthesis raw materials market data book summary
| Market revenue in 2023 | USD 46.4 million |
| Market revenue in 2030 | USD 51.1 million |
| Growth rate | 1.4% (CAGR from 2023 to 2030) |
| Largest segment | Capping agents |
| Fastest growing segment | Capping Agents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Capping Agents, Nucleotides, Plasmid DNA, Enzymes |
| Key market players worldwide | Roche Holding AG, Merck KGaA, Thermo Fisher Scientific Inc, Maravai LifeSciences Holdings Inc Ordinary Shares - Class A, New England Biolabs, Creative-Biolabs, Jena Bioscience, YEASEN Biotechnology, BOC Sciences, Hongene Biotechnology |
Other key industry trends
- In terms of revenue, Denmark accounted for 1.6% of the global mrna synthesis raw materials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany mrna synthesis raw materials 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 214.9 million by 2030.
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MRNA Synthesis Raw Materials Market Scope
MRNA Synthesis Raw Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark mrna synthesis raw materials 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 mrna synthesis raw materials market will help companies and investors design strategic landscapes.
Capping agents was the largest segment with a revenue share of 39.22% in 2023. Horizon Databook has segmented the Denmark mrna synthesis raw materials market based on capping agents, nucleotides, plasmid dna, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
The public grant agency in Denmark part funds companies, entrepreneurs, and researchers to develop novel products and solutions to improve the lives of Danish people. For instance, in 2021, the Innovation Fund Denmark agency has been allocated USD 26 million to focus on research and innovation projects in clinical research.
Similarly, in December 2022, Novo Nordisk foundation issued grant to accelerate development of novel mRNA-based vaccines against infectious diseases. Thus, growing funding opportunities in clinical research for development of numerous therapeutics and vaccines to treat various infectious and chronic diseases is projected to fuel market growth.
However, in April 2022, Denmark announced halt to its COVID-19 program owing to the decrease in COVID-19 infections in the regions. Such initiatives in the region can hamper the mRNA synthesis raw materials market growth in Denmark to a certain extent.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark mrna synthesis raw materials market , including forecasts for subscribers. This country databook contains high-level insights into Denmark mrna synthesis raw materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark mrna synthesis raw materials market size, by type, 2018-2030 (US$M)
Denmark MRNA Synthesis Raw Materials Market Outlook Share, 2023 & 2030 (US$M)
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