Molecular Farming Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 15% from 2024 to 2030.
The molecular farming market was valued at approximately USD 1.2 billion in 2022, with an anticipated compound annual growth rate (CAGR) of around 12.5% from 2023 to 2030. This growth is driven by the increasing demand for biologics and vaccines, as well as advancements in genetic engineering and plant biotechnology. The market is expanding due to the ability of molecular farming to produce high-value pharmaceuticals and therapeutics more efficiently and cost-effectively compared to traditional methods. Key applications include the production of antibodies, vaccines, and enzymes, which are gaining traction in both developed and emerging economies. Opportunity analysis indicates substantial growth potential in emerging markets, particularly in regions with favorable agricultural conditions and increasing investment in biotechnology infrastructure. The potential for molecular farming to revolutionize agricultural and pharmaceutical industries presents significant opportunities. This includes leveraging genetically modified plants for sustainable production of high-quality proteins and other complex molecules, which could address supply chain challenges and reduce production costs. As technology advances and regulatory frameworks evolve, these markets are expected to witness accelerated growth and innovation in the coming years.
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LFB Biotechnologies SA
Pharming Group NV
Pfizer
Medicargo
Mapp Biopharmaceutical
Avaxin Biologics
Miruku
Bright Biotech
Mozza
Nobell Foods
ORF Genetics
Tiamat Sciences
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Molecular Farming Market
Food
Medical Treatment
Pesticide
Other
Based on Types the Market is categorized into Below types that held the largest Molecular Farming market share In 2023.
Animal
Plant
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Molecular Farming Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Molecular Farming Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Molecular Farming Market, By Type
6. Global Molecular Farming Market, By Application
7. Global Molecular Farming Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Molecular Farming Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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