South Africa Upstream Bioprocessing Market Size & Outlook

The upstream bioprocessing market in South Africa is expected to reach a projected revenue of US$ 442.8 million by 2030. A compound annual growth rate of 13% is expected of South Africa upstream bioprocessing market from 2024 to 2030.
Revenue, 2023 (US$M)
$187.9
Forecast, 2030 (US$M)
$442.8
CAGR, 2024 - 2030
13%
Report Coverage
South Africa

South Africa upstream bioprocessing market, 2018-2030 (US$M)

South

South Africa upstream bioprocessing market highlights

  • The South Africa upstream bioprocessing market generated a revenue of USD 187.9 million in 2023 and is expected to reach USD 442.8 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 13% from 2024 to 2030.
  • In terms of segment, bioreactors/fermenters was the largest revenue generating product in 2023.
  • Cell Culture Products is the most lucrative product segment registering the fastest growth during the forecast period.


Upstream bioprocessing market data book summary

Market revenue in 2023USD 187.9 million
Market revenue in 2030USD 442.8 million
Growth rate13% (CAGR from 2023 to 2030)
Largest segmentBioreactors/fermenters
Fastest growing segmentCell Culture Products
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBioreactors/Fermenters, Cell Culture Products, Filters, Bioreactors Accessories, Bags & Containers
Key market players worldwideThermo Fisher Scientific Inc, Merck KGaA, Corning Inc, Sartorius AG, Eppendorf, Danaher Corp, Boehringer Ingelheim, Getinge AB Class B, Lonza Group Ltd, Avantor Inc, Repligen Corp, Entegris Inc, PBS Biotech, Meissner, Kuhner Shaker


Other key industry trends

  • In terms of revenue, South Africa accounted for 0.8% of the global upstream bioprocessing 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 upstream bioprocessing 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 331.0 million by 2030.

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Upstream Bioprocessing Market Companies

Name Profile # Employees HQ Website

South Africa upstream bioprocessing 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 upstream bioprocessing market will help companies and investors design strategic landscapes.


Bioreactors/fermenters was the largest segment with a revenue share of 33.26% in 2023. Horizon Databook has segmented the South Africa upstream bioprocessing market based on bioreactors/fermenters, cell culture products, filters, bioreactors accessories, bags & containers covering the revenue growth of each sub-segment from 2018 to 2030.


South Africa is undertaking various initiatives, especially in vaccine development. Upstream bioprocessing is one of the essential steps in vaccine development. Hence, these initiatives are expected to boost the upstream bioprocessing industry in the country.

It aimed to promote fair access to vaccines in Africa, aligning with the African Union's objective of elevating the share of vaccine supply from African manufacturers to 60% by 2040. The strategic alliance is expected to enhance the manufacturing capabilities of cost-effective vaccines at IPD's Dakar facilities. 

Furthermore, it will establish a reserve capacity for producing vaccines for Global South countries during future outbreaks and pandemics, which is expected to drive the upstream bioprocessing market in the country.

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  • Our clientele includes a mix of upstream bioprocessing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 Africa upstream bioprocessing market , including forecasts for subscribers. This country databook contains high-level insights into South Africa upstream bioprocessing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa upstream bioprocessing market size, by product, 2018-2030 (US$M)

South Africa Upstream Bioprocessing Market Outlook Share, 2023 & 2030 (US$M)

South Africa upstream bioprocessing market size, by product, 2018-2030 (US$M)

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