Market revenue in 2023 | USD 334.1 million |
Market revenue in 2030 | USD 811.0 million |
Growth rate | 13.5% (CAGR from 2023 to 2030) |
Largest segment | Interferons |
Fastest growing segment | Growth Hormones |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Growth Hormones, Interferons, Vaccines, Immunostimulating Agents |
Key market players worldwide | Lonza Group Ltd, Catalent Inc, FUJIFILM Holdings Corp, WuXi Biologics (Cayman) Inc, Batavia Biosciences, Richter-Helm, Curia, HALIX, Biovian, Enzene Biosciences |
Interferons was the largest segment with a revenue share of 21.49% in 2023. Horizon Databook has segmented the Brazil recombinant protein therapeutics cdmo market based on growth hormones, interferons, vaccines, immunostimulating agents covering the revenue growth of each sub-segment from 2018 to 2030.
The robust growth & development in biologics market is expected to boost recombinant protein therapeutics CDMO market. The growing competition for drug development and approval is anticipated to improve the demand for recombinant protein therapeutics CDMO services. In addition, membership of Brazil in the ICH has resulted in the implementation of more regulatory policies regarding the release of drug products. The growing partnership of laboratories with drug manufacturers is projected to boost the market in Brazil over the forecast period.
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