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Upstream Bioprocessing Market Size

  • Report ID: GMI8437
  • Published Date: Mar 2024
  • Report Format: PDF

Upstream Bioprocessing Market Size

Upstream Bioprocessing Market size was valued at USD 9.5 billion in 2023 and is anticipated to grow at CAGR of 9.7% from 2024 and 2032. One of the major factors contributing to the growth is the increasing demand for biopharmaceuticals caused by high prevalence of chronic diseases.

 

Therefore, the efficient and scalable upstream processes are essential to meet the growing demand for biopharmaceuticals & advanced therapies and address unmet medical needs. Further, the technological advancements such as single-use bioreactors, high-throughput screening, and bioreactor design, enhance productivity, efficiency, and scalability contributes to the increasing adoption of upstream bioprocessing.

 

Upstream bioprocessing refers to the initial stages of biotechnological production processes involved in manufacturing biological products such as pharmaceuticals, enzymes, or biofuels. It encompasses various steps from the selection and cultivation of host organisms (such as bacteria, yeast, or mammalian cells) to the preparation of the growth medium and the actual cultivation of these organisms in bioreactors or fermenters.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The upstream bioprocessing market was valued at USD 9.5 billion in 2023 and is anticipated to record 9.7% CAGR over 2024-2032, owing to the increasing demand for biopharmaceuticals caused by high prevalence of chronic diseases.

The bioreactors/fermenters segment accounted for a share of 48.6% in market in 2023 and will grow significantly through 2032 as these vessels provide a controlled environment for the proliferation of cells or microorganisms, essential to produce biopharmaceuticals, enzymes, vaccines, and other bioproducts.

North America upstream bioprocessing industry is estimated to reach over USD 9.5 billion by 2032 attributed to the increasing collaboration & partnerships with an aim of improving awareness and education related to bioprocessing.

Applikon Biotechnology, Boehringer Ingelheim GmbH, CellGenix GmbH, Corning, Inc., Danaher Corporation (Cytvia), Eppendorf AG, Merck KGaA, PBS Biotech, Inc., Sartorius AG, and Thermo Fisher Scientific Inc.

Upstream Bioprocessing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 301
  • Countries covered: 19
  • Pages: 171
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