Thailand Upstream Bioprocessing Market Size & Outlook
Thailand upstream bioprocessing market, 2018-2030 (US$M)
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Thailand upstream bioprocessing market highlights
- The Thailand upstream bioprocessing market generated a revenue of USD 132.0 million in 2023 and is expected to reach USD 352.8 million by 2030.
- The Thailand market is expected to grow at a CAGR of 15.1% 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 2023 | USD 132.0 million |
| Market revenue in 2030 | USD 352.8 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Bioreactors/fermenters |
| Fastest growing segment | Cell Culture Products |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioreactors/Fermenters, Cell Culture Products, Filters, Bioreactors Accessories, Bags & Containers |
| Key market players worldwide | Thermo 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, Thailand accounted for 0.5% 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 Asia Pacific, China upstream bioprocessing 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 5,622.5 million by 2030.
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Upstream Bioprocessing Market Scope
Upstream Bioprocessing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 30.83% in 2023. Horizon Databook has segmented the Thailand 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.
For instance, in January 2024, WuXi Biologics, a prominent global Contract Research, Development, and Manufacturing Organization (CRDMO), officially introduced WuXiaADCC PLUS, an advanced mammalian cell line platform designed for the efficient development and manufacturing of afucosylated antibodies.
These antibodies aim to elicit an enhanced Antibody-Dependent Cell-Mediated Cytotoxicity (ADCC) response. Tailored to address the market demand for heightened antibody therapeutic efficacy, WuXiaADCC PLUS generates afucosylated antibodies, enhancing ADCC and offering diverse bioprocessing solutions to meet the needs of global clients.
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Target buyers of Thailand upstream bioprocessing market databook
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Our clientele includes a mix of upstream bioprocessing 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand upstream bioprocessing market , including forecasts for subscribers. This country databook contains high-level insights into Thailand upstream bioprocessing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Thailand upstream bioprocessing market size, by product, 2018-2030 (US$M)
Thailand Upstream Bioprocessing Market Outlook Share, 2023 & 2030 (US$M)
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