Italy Mrna Synthesis Raw Materials Market Size & Outlook
Italy mrna synthesis raw materials market, 2018-2030 (US$M)
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Italy mrna synthesis raw materials market highlights
- The Italy mrna synthesis raw materials market generated a revenue of USD 93.3 million in 2023 and is expected to reach USD 104.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 1.7% 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 93.3 million |
| Market revenue in 2030 | USD 104.8 million |
| Growth rate | 1.7% (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, Italy accounted for 3.3% 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
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Italy 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 39.23% in 2023. Horizon Databook has segmented the Italy 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.
Strong presence of well-established and emerging product manufacturers and continuous organic & inorganic growth strategies being adopted by them are expected to create a lucrative environment for market growth.
For instance, in April 2021, the Italy government held talks with several manufacturers of mRNA-based vaccines, including Novartis AG and Moderna, Inc. to start domestic production of mRNA -based vaccines in Italy. Such initiatives in the region are expected to drive the mRNA synthesis raw materials in the region over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy mrna synthesis raw materials market , including forecasts for subscribers. This country databook contains high-level insights into Italy mrna synthesis raw materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy mrna synthesis raw materials market size, by type, 2018-2030 (US$M)
Italy MRNA Synthesis Raw Materials Market Outlook Share, 2023 & 2030 (US$M)
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