Fatpos Global has released a report titled “Downstream Processing Market — Analysis of Market Size, Share & Trends for 2021–2022 and Forecasts to 2032” which is anticipated to reach 96.9 billion USD by 2032. According to a study by Fatpos Global, the market is expected to portray a CAGR of 14.0% between 2022 and 2032. According to the market research study, e rising pharmaceutical expenditure on R&D, improved technology, and implementation of multiple business strategies are expected to boost the growth of the Downstream Processing Market.
The market research study on Downstream Processing Market includes in-depth insights such as:
- Downstream Processing Market in North America held the largest market share in the year 2021.
- Downstream Processing Market is classified based on the Product into Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, and Others.
- Downstream Processing Market is classified based on the Technique into Cell Disruption, Solid-Liquid Separation, Concentration, Purification by Chromatography, and Formulation.
- Downstream Processing Market is classified based on the Application into Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, and Vaccine Production.
- Expansion of the biotechnology sector on the global scale and growing R&D investment in the biopharmaceutical sector are expected to boost the market growth.
“The benefits of downstream processing like greater efficiency, lower costs, and being ruled by membrane filtrations and chromatographic separations, are likely to drive the Downstream Processing Market.”, said a lead analyst at Fatpos Global.
Downstream processing is the purification and recovery of biosynthetic products, mainly the pharmaceuticals from natural sources like plant or animal tissue or fermentation, both comprising the disposal and proper treatment of waste and recycling of salvageable elements. This process separates, purifies, and isolates products from (RDT). This is a critical stage in the production of medicines, industrial enzymes, and flavor chemicals and natural fragrance.
Downstream Processing Market is classified based on the Application into Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, and Vaccine Production. The Antibiotic Production segment held major share in 2022 and generated the maximum revenue due to broad applications of antibiotics for treating multiple disorders. The Antibodies Production segment is predicted to develop at the quickest CAGR by 2030, owing to increased monoclonal antibodies demand and the launch of novel products for effective antibody purification.
Key Players in the Market
Some of the key players operating in the Downstream Processing Market are Thermo Fisher Scientific Inc., 3M Company, Corning Corporation, Asahi Kasei, Dover Corporation, Merck Millipore, Lonza Group Ltd, Mettler Toledo, Sartorius Stedim Biotech S.A, Cytiva, BioXcellence, Eppendorf AG, BioPharm International, Repligen, Finesse Solutions Inc., and Other Prominent Players.
Get Valuable Insights into Market
In the latest market study conducted by Fatpos Global thrives to present an unbiased analysis of the Downstream Processing Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2022–2032. The study includes compelling insights into growth that is witnessed in the Market. Downstream Processing Market is classified based on the Product into Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, and Others. Downstream Processing Market is classified based on the Technique into Cell Disruption, Solid-Liquid Separation, Concentration, Purification by Chromatography, and Formulation. Downstream Processing Market is classified based on the Application into Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, and Vaccine Production. Downstream, Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.
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