Mexico Mrna Synthesis Raw Materials Market Size & Outlook

The mrna synthesis raw materials market in Mexico is expected to reach a projected revenue of US$ 41.3 million by 2030. A compound annual growth rate of 1.5% is expected of Mexico mrna synthesis raw materials market from 2024 to 2030.
Revenue, 2023 (US$M)
$37.2
Forecast, 2030 (US$M)
$41.3
CAGR, 2024 - 2030
1.5%
Report Coverage
Mexico

Mexico mrna synthesis raw materials market, 2018-2030 (US$M)

Mexico

Mexico mrna synthesis raw materials market highlights

  • The Mexico mrna synthesis raw materials market generated a revenue of USD 37.2 million in 2023 and is expected to reach USD 41.3 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 1.5% 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 2023USD 37.2 million
Market revenue in 2030USD 41.3 million
Growth rate1.5% (CAGR from 2023 to 2030)
Largest segmentCapping agents
Fastest growing segmentCapping Agents
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCapping Agents, Nucleotides, Plasmid DNA, Enzymes
Key market players worldwideRoche 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, Mexico accounted for 1.3% 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 Latin America, Brazil mrna synthesis raw materials market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 32.2 million by 2030.

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MRNA Synthesis Raw Materials Market Companies

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Mexico 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 34.41% in 2023. Horizon Databook has segmented the Mexico 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.


Mexico has a high rate of infectious diseases coupled with the growth of the country's biotechnology & biopharmaceutical industries, owing to the increasing number of startups and rising investments. In addition, several government initiatives to promote infectious disease mRNA-based vaccine uptake are also expected to push the market forward.

For instance, in August 2021, Sorrento Therapeutics Mexico, subsidiary company of Sorrento Therapeutics, Inc. entered into MoU collaboration with Instituto National de Medicine Genomica (INMEGEN) for the clinical development of COVID-19 products including multivalent mRNA-based therapeutics and vaccines, and diagnostics.

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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico mrna synthesis raw materials market , including forecasts for subscribers. This country databook contains high-level insights into Mexico mrna synthesis raw materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico mrna synthesis raw materials market size, by type, 2018-2030 (US$M)

Mexico MRNA Synthesis Raw Materials Market Outlook Share, 2023 & 2030 (US$M)

Mexico mrna synthesis raw materials market size, by type, 2018-2030 (US$M)

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