Brazil Mrna Therapeutics Market Size & Outlook, 2023-2030
Brazil mrna therapeutics market, 2021-2030 (US$M)
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Brazil mrna therapeutics market highlights
- The Brazil mrna therapeutics market generated a revenue of USD 397.7 million in 2023 and is expected to reach USD 1,044.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.8% from 2024 to 2030.
- In terms of segment, infectious diseases was the largest revenue generating application in 2023.
- Infectious Diseases is the most lucrative application segment registering the fastest growth during the forecast period.
Mrna therapeutics market data book summary
| Market revenue in 2023 | USD 397.7 million |
| Market revenue in 2030 | USD 1,044.9 million |
| Growth rate | 14.8% (CAGR from 2023 to 2030) |
| Largest segment | Infectious diseases |
| Fastest growing segment | Infectious Diseases |
| Historical data | 2021 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infectious Diseases |
| Key market players worldwide | Moderna Inc, BioNTech SE ADR, CureVac NV Ordinary Shares, Arcturus Therapeutics Holdings Inc, Sanofi SA, GSK PLC, Pfizer Inc, AstraZeneca PLC, Argos Therapeutics, ETHRIS |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.4% of the global mrna therapeutics 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 therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 612.4 million by 2030.
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MRNA Therapeutics Market Scope
MRNA Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil mrna therapeutics 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 therapeutics market will help companies and investors design strategic landscapes.
Infectious diseases was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Brazil mrna therapeutics market based on infectious diseases covering the revenue growth of each sub-segment from 2021 to 2030.
The rising prevalence of influenza and COVID-19 in the country pushed vaccine manufacturers to investigate potential candidates for managing the condition, including the mRNA vaccine. Hence, many global companies in the country are collaborating with local manufacturers, such as Euro farma Laboratorios SA, for mRNA vaccine manufacturing.
This is expected to boost the demand for the raw materials required for mRNA synthesis in the country. For instance, in August 2021, BioN Tech SE and Pfizer, Inc. signed a letter of intent with a biopharmaceutical company in Brazil, Euro farma Laboratorios SA, for the manufacture and distribution of mRNA vaccine, COMIRNATY within Latin America.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil mrna therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil mrna therapeutics market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil mrna therapeutics market size, by application, 2021-2030 (US$M)
Brazil MRNA Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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