; Downstream Processing Market size, Share, Forecast 2032

Downstream Processing Market

Downstream Processing Market Size, Share, and Analysis, By Product (Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, Others), By Technique (Cell Disruption, Solid-Liquid Separation, Concentration, Purification by Chromatography, Formulation), By Application (Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, Vaccine Production) and Regional Forecasts, 2022-2032

Published on: Sep-2023
Report Code: FG HC 01659
No. of Pages: 170-350
Report Format: PDF

Product Overview

Downstream Processing Market size was USD 22.94 billion in 2021 and projected to grow from USD 29.7 billion in 2023 to USD 96.9 billion by 2032, exhibiting a CAGR of 14.0% during the forecast period.

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.

Market Highlights

Downstream Processing Market is expected to project a CAGR of 14.0% during the forecast period, 2022-2032

Downstream Processing Market is expected to reach USD 96.9 billion, growing at a CAGR of 14.0% during the forecast period owing to the rising pharmaceutical expenditure on R&D, improved technology, and implementation of multiple business strategies. This enables the biopharmaceutical business to adopt downstream processing on a larger scale. These are the key factors expected to boost the growth of downstream Processing Market over the forecast period

Downstream Processing Market Segmentation

Chromatography Systems segment is expected to dominate in the forecast period

Downstream Processing Market is classified based on the Product into Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, and Others. The Chromatography segment conquered maximum share of the market in 2022 and is projected to lead in future as well. Many firms provide secure and integrated systems that function effectively throughout the demanding stages of process development and production scale. Technological advancements led to the growth of single-use chromatography, regarded a bright invention in the biopharmaceutical sector and is expected to witness positive growth throughout the projection period.

Antibodies Production segment is expected to dominate in the forecast period

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.

Market Dynamics

Growth Drivers

Rising Adoption of Biotech Process in Different Industries is Expected to Boost the Market Growth

Rising demand for bioproducts, increasing adoption of biotech procedures in the pharmaceutical, agricultural, and bio-services industries, increasing adoption of single-use technology in bioprocessing, and rapid advancements in gene therapy and genetic engineering are driving market growth. Furthermore, the increased commercial progress made by biopharma businesses is fuelling market growth. Furthermore, as key biopharmaceutical patents expire, new prospects for downstream processing companies will emerge throughout the projected period.

Growing Research and Development to Modernize Bioprocess Technologies is Expected to Boost the Market Growth

The application of constant downstream processing instruments for multicomponent separations, high-throughput procedure development, perfusion chromatography instruments, and membrane systems (high-resolution) has come from an increase in R&D activities relevant to advanced bioprocess technologies. Hence, there is a greater demand for improved bioprocessing technology to solve the purifying bottleneck. This is projected to propel the growth of the Downstream Processing Market.

Restraint

Significantly Priced Instruments and Need for Skilled Experts May Restrain the Market Growth

The high cost of instruments and the shortage of experienced personnel are projected to limit the expansion of the market during the forecast period. Furthermore, the primary hurdles in Downstream Processing Market are a purification bottleneck, a shortage of single-use solutions, and lack of experienced specialists.

Recent Developments

  • Thermo Fisher Scientific to open a bioprocessing manufacturing center in Ogden, Utah, in April 2022, for the progress of vaccines and biologics.

  • Sartorius began focusing on the expansion of its global production capacity in May 2022, with the growth of its manufacturing location in Tunisia.

Downstream Processing Market

Key Players Covered:

  • 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.
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Regional Analysis

Downstream Processing Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America registered the greater market share in 2022 and is expected to continue its strong grip throughout the forecast period. This expanding industry is propelled by rising demand for biopharmaceuticals and escalating R&D expenditure in the biopharmaceutical industry. Since various nations like China, India, South Korea, and Japan are expected to boost the demand for downstream processing products in the next years, the Asia Pacific area is projected to hold major growth during the estimated period.

Impact of Covid-19 on Downstream Processing Market

Several industries were forced to close due to the COVID-19 epidemic. Social distancing rules and limitations on travel are hampering commodities into warehouses, limiting the growth of the Downstream Processing Market. The growth of the Downstream Processing Market was hindered during the Covid-9 epidemic due to its reliance on real estate operations. Construction sites had been closed, and Covid-19 had a negative influence on the Downstream Processing Market.

Downstream Processing Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Downstream Processing Market Scope and Segments:

ATTRIBUTE

  DETAILS

Study Period

2018-2032

Base Year

2022

Forecast Period

2022-2032

Historical Period

2019-2021

Growth Rate

CAGR of 14.0% from 2022-2032

Unit

Value (USD Billion)

Segmentation

Main Segments List

Product

  • Chromatography Systems
  • Filters
  • Evaporators
  • Centrifuges
  • Dryers
  • Others

Technique

  • Antibiotic Production
  • Hormone Production
  • Antibodies Production
  • Enzyme Production
  • Vaccine Production

Application

  • Antibiotic Production
  • Hormone Production
  • Antibodies Production
  • Enzyme Production
  • Vaccine Production

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Scandinavia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions (FAQ):

Downstream Processing Market size was estimated at USD 22.94 billion in 2021 and is expected to reach USD 96.9 billion in 2032.

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.

Chromatography Systems and Antibodies Production segments accounted for the largest Downstream Processing Market share.

Key players: 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 are the key players in the Downstream Processing Market.

Expansion of the biotechnology sector on the global scale and growing R&D investment in the biopharmaceutical sector are the factors driving the Downstream Processing Market.

Select License Type

$3199

Report accessible by 1 user only

In case you require a hard copy, there will be an additional charge of $500. Please email us at info@fatposglobal.com with your request

Call us

Research Assistance

US : +1 (716) 218-3733
UK : +44 (208) 1235555



Select License Type

$3199

Report accessible by 1 user only

Sample Request

Client Testimonials

FATPOS CLIENT Appriciation DURING THE PROJECT

Clients