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What is the Projected Compound Annual Growth Rate (CAGR) of the Non-Therapeutic Biomolecules Market from 2025 to 2034, and What Factors Influence It?

The size of the non-therapeutic biomolecules market has witnessed a swift expansion in recent years. The market is projected to escalate from $30.76 billion in 2024 to $34.23 billion in 2025, with a compound annual growth rate (CAGR) of 11.3%. The surge observed in the earlier period can be credited to heightened investments in research and development (R&D), expanding utilization in research and diagnosis, increasing consciousness and usage, tactical alliances and partnerships, and supportive regulations.

Anticipated to witness a swift expansion in the coming years, the non-therapeutic biomolecules market is projected to reach a valuation of $52.15 billion by 2029, multiplying at a compound annual growth rate (CAGR) of 11.1%. The surge within this period is largely due to the rise of new market opportunities, enhanced data analytics, and integration, a heightened focus on precision medicine, an uptick in investment towards personalized healthcare, and broader application fields. The forecast period will also be characterized by technology progress, strategic alliances, increased applications in agriculture, a wider role in industrial operations, and a greater emphasis on customization and personalization.

Which Major Market Drivers Are Expected to Boost the non-therapeutic biomolecules Market’s Growth Potential?

The non-therapeutic biomolecules market is forecasted to expand due to a swiftly rising number of research activities and laboratory tests. The practice of laboratory testing includes the study of body sample substances like blood or urine in order to analyse and track diseases, and subsequently, formulate treatment plans. Meanwhile, research signifies creating new knowledge or innovatively utilizing current knowledge to establish fresh concepts, theories, and understandings. Non-therapeutic biomolecules are employed in laboratory tests to evaluate the existence or volume of a disease-indicating biomolecular marker, thereby increasing the test’s sensitivity and accuracy. For example, July 2024 data from the National Health Service (NHS), a UK-based hospital and healthcare services provider, showed that diagnostic activities surpassed pre-pandemic numbers in 2023, with a notable increase of 21% in tests conducted in May 2024 compared to the same period the previous year. Therefore, the non-therapeutic biomolecules market is experiencing growth due to the accelerated increase in research activities and laboratory tests.

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Who Are the Leading Players Fueling Growth in the Non-Therapeutic Biomolecules Market?

Major companies operating in the non-therapeutic biomolecules market are:

• Amgen Inc._x000D_

• Genentech Inc._x000D_

• Merck KGaA_x000D_

• Lonza Group AG_x000D_

• Bio-Rad Laboratories Inc._x000D_

What Are the Emerging Trends Shaping the Future of the Non-Therapeutic Biomolecules Market?

Innovation in products is emerging as a major trend in the non-therapeutic biomolecules market. Leading companies in the sector are placing a substantial focus on research and development efforts to come up with fresh innovations, thus maintaining their market standing. For example, in January 2022, BASF SE, a multinational chemical corporation based in Germany, teamed up with Caregen, a Korean firm dedicated to biomimetic peptide research and development. Their collaboration led to the creation of the Peptovitae series, which was produced using liposome-encapsulation technology, elevating their portfolio within the dermo-cosmetics realm to cater a broader spectrum of skin-related issues with unique and advanced solutions. The process of liposomal encapsulation incorporates fats to transport vital vitamins or medicines to specific areas of the body in miniscule bubbles, without any impact on the rest of the body. The Peptovitae series extends beyond the customary scope of peptides, addressing various skin issues like signs of aging, skin’s brightness enhancement, providing relief for skin that tends to be dry and itchy, and hydration of the skin.

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How Are the Key Segments of the Non-Therapeutic Biomolecules Market Driving Opportunities and Innovations?

The non-therapeutic biomolecules market covered in this report is segmented –

1) By Trad Pharma: Enzymes, Recombinant Proteins, Plasmids, Peptides, Oligonucleotides, Monoclonal Antibodies

2) By End User: Research, Pharma, In Vitro Diagnostics(IVD)

Subsegments:

1) By Enzymes: Industrial Enzymes, Diagnostic Enzymes

2) By Recombinant Proteins: Antigens, Cytokines, Growth Factors

3) By Plasmids: Research Plasmids, Expression Plasmids

4) By Peptides: Antimicrobial Peptides, Signaling Peptides

5) By Oligonucleotides: Antisense Oligonucleotides, RNAi Oligonucleotides

6) By Monoclonal Antibodies: Research Antibodies, Diagnostic Antibodies

Which Regions Are Driving Growth in the Non-Therapeutic Biomolecules Market?

Asia-Pacific was the largest region in the non-therapeutic biomolecules market share in 2024. The regions covered in the non-therapeutic biomolecules market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Defines the Scope of the Non-Therapeutic Biomolecules Market?

Non-therapeutic biomolecule refers to the organic compounds created by cells and living things. These compounds come in a wide range of shapes and sizes and carry out a wide variety of tasks in body functioning.

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