Global Red Biotechnology Market Size & Outlook, 2023-2030

The red biotechnology industry worldwide is expected to reach a projected revenue of US$ 997,744.0 million by 2030. A compound annual growth rate of 10.6% is expected of the worldwide red biotechnology industry from 2024 to 2030.
Revenue, 2023 (US$M)
$492,708.4
Forecast, 2030 (US$M)
$997,744.0
CAGR, 2024 - 2030
10.6%
Report Coverage
Worldwide

Global red biotechnology market highlights

  • The global red biotechnology market generated a revenue of USD 492,708.4 million in 2023 and is expected to reach USD 997,744.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 10.6% by 2030.
  • In terms of segment, monoclonal antibodies accounted for a revenue of USD 243,959.0 million in 2023.
  • Gene Therapy Products is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 492,708.4 million
Market revenue in 2030USD 997,744.0 million
Growth rate10.6% (CAGR from 2023 to 2030)
Largest segmentMonoclonal antibodies
Fastest growing segmentGene Therapy Products
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMonoclonal Antibodies, Polyclonal Antibodies, Recombinant Proteins, Vaccines, Cell-Based Immunotherapy Products, Gene Therapy Products, Cell Therapy Products, Tissue-Engineered Products, Stem Cells, Cell Culture, Viral Vector, Enzymes, Kits and Reagents, Animal Models, Molecular Diagnostics

Other key industry trends

  • In terms of revenue, the North America accounted for 37.0% of the global red biotechnology market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Norway is the fastest growing regional market and is projected to reach USD 1,901.8 million by 2030.

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Red Biotechnology Market Companies

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Global red biotechnology 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 red biotechnology market will help companies and investors design strategic landscapes.


Monoclonal antibodies was the largest segment with a revenue share of 49.51% in 2023. Horizon Databook has segmented the Global red biotechnology market based on monoclonal antibodies, polyclonal antibodies, recombinant proteins, vaccines, cell-based immunotherapy products, gene therapy products, cell therapy products, tissue-engineered products, stem cells, cell culture, viral vector, enzymes, kits and reagents, animal models, molecular diagnostics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Red Biotechnology Product Outlook (Revenue, USD Million, 2018-2030)
    • Monoclonal Antibodies
    • Polyclonal Antibodies
    • Recombinant Proteins
    • Vaccines
    • Cell-Based Immunotherapy Products
    • Gene Therapy Products
    • Cell Therapy Products
    • Tissue-Engineered Products
    • Stem Cells
    • Cell Culture
    • Viral Vector
    • Enzymes
    • Kits and Reagents
    • Animal Models
    • Molecular Diagnostics
    • Others
  • Global Red Biotechnology End Use Outlook (Revenue, USD Million, 2018-2030)
    • Academic Research Institutes
    • CMOs & CROs
    • Pharmaceutical & Biotechnology Companies
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global red biotechnology market , including forecasts for subscribers. This global databook contains high-level insights into Global red biotechnology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global red biotechnology market size, by regions, 2018-2030 (US$M)

Top 10 countries: Red biotechnology market size, 2023 (US$M)

Global red biotechnology market share, by product, 2023 & 2030 (%, US$M)

Red biotechnology market: Opportunity assessment by country

Global red biotechnology market, by region, 2023 (US$M)

Global red biotechnology market size, by regions, 2018-2030 (US$M)

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