Saudi Arabia Mrna Synthesis Raw Materials Market Size & Outlook
Saudi Arabia mrna synthesis raw materials market, 2018-2030 (US$M)
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Saudi Arabia mrna synthesis raw materials market highlights
- The Saudi Arabia mrna synthesis raw materials market generated a revenue of USD 29.1 million in 2023 and is expected to reach USD 30.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 0.5% 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 2023 | USD 29.1 million |
| Market revenue in 2030 | USD 30.1 million |
| Growth rate | 0.5% (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, Saudi Arabia accounted for 1.0% 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 Middle East & Africa, South Africa mrna synthesis raw materials market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 19.6 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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Saudi Arabia 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 40.89% in 2023. Horizon Databook has segmented the Saudi Arabia 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 biologics industry in Saudi Arabia is growing rapidly with the major players entering into the market and are partnering with local players and government facilities. For instance, in June 2021, Subsidiary of Astra Industrial Group, Tabuk Pharmaceutical Manufacturing entered into partnership with Moderna, Inc. to commercialize Moderna’s mRNA COVID-19 vaccine and other potential mRNA products in Saudi Arabia.
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Our clientele includes a mix of mrna synthesis raw materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia mrna synthesis raw materials market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia mrna synthesis raw materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia mrna synthesis raw materials market size, by type, 2018-2030 (US$M)
Saudi Arabia MRNA Synthesis Raw Materials Market Outlook Share, 2023 & 2030 (US$M)
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