South Korea Recombinant Proteins Manufacturing Services Market Size & Outlook
South Korea recombinant proteins manufacturing services market, 2018-2030 (US$M)
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South Korea recombinant proteins manufacturing services market highlights
- The South Korea recombinant proteins manufacturing services market generated a revenue of USD 102.1 million in 2022 and is expected to reach USD 362.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 17.2% from 2023 to 2030.
- In terms of segment, commercial production services was the largest revenue generating service type in 2022.
- Pre-clinical & Clinical Services is the most lucrative service type segment registering the fastest growth during the forecast period.
Recombinant proteins manufacturing services market data book summary
| Market revenue in 2022 | USD 102.1 million |
| Market revenue in 2030 | USD 362.9 million |
| Growth rate | 17.2% (CAGR from 2022 to 2030) |
| Largest segment | Commercial production services |
| Fastest growing segment | Pre-clinical & Clinical Services |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pre-clinical & Clinical Services, Commercial Production Services |
| Key market players worldwide | Lonza Group Ltd, Boehringer Ingelheim, FUJIFILM Holdings Corp, Merck KGaA, Bruker Corp, Sino Biological, Genscript Biotech Corp Class H, Kaneka Corp, Polyplus-transfection, Trenzyme |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.9% of the global recombinant proteins manufacturing services market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China recombinant proteins manufacturing services market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,604.7 million by 2030.
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Recombinant Proteins Manufacturing Services Market Scope
Recombinant Proteins Manufacturing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea recombinant proteins manufacturing services 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 recombinant proteins manufacturing services market will help companies and investors design strategic landscapes.
Commercial production services was the largest segment with a revenue share of 58.37% in 2022. Horizon Databook has segmented the South Korea recombinant proteins manufacturing services market based on pre-clinical & clinical services, commercial production services covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea recombinant proteins manufacturing services market databook
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Our clientele includes a mix of recombinant proteins manufacturing services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea recombinant proteins manufacturing services market, including forecasts for subscribers. This country databook contains high-level insights into South Korea recombinant proteins manufacturing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea recombinant proteins manufacturing services market report size, by service type, 2018-2030 (US$M)
South Korea Recombinant Proteins Manufacturing Services Market Share, 2022 & 2030 (US$M)
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