Unlocking Opportunities in the Non-Therapeutic Biomolecules Market: Key Trends, Market Growth, and Forecast Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Non-Therapeutic Biomolecules Market?
The rise in research activities and laboratory tests is predicted to fuel the expansion of the non-therapeutic biomolecules market. Laboratory tests involve analyzing a body sample such as blood or urine to diagnose and monitor diseases and set up a treatment regime, while research aims at generating new knowledge or creatively utilizing existing knowledge to develop novel concepts, theories and understandings. The use of non-therapeutic biomolecules in these tests aids in detecting the presence or concentration of specific biomarkers signaling diseases, thus improving the accuracy and reliability of these tests. For instance, the National Health Service (NHS), a health care provider based in the UK, reported in July 2024 that diagnostic procedures had surpassed the numbers of pre-pandemic times in 2023. Specifically, the number of tests conducted in May 2024 saw an increase of 21% compared to the same time the previous year. Consequently, this surge in research and laboratory tests is contributing significantly to the growth of the non-therapeutic biomolecules market.
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#What Long-Term Growth Rate is Expected for theNon-Therapeutic Biomolecules Market Between 2025 and 2034?
The market for non-therapeutic biomolecules has seen significant expansion in the past few years. The market will increase from $30.76 billion in 2024 to $34.23 billion in 2025, with a compound annual growth rate (CAGR) of 11.3%. The factors contributing to the growth during the historic period include an increased investment in research and development (R&D), expanded applications in research and diagnostic fields, an upward trend in awareness and adoption, strategic alliances, and regulatory backing.
The market size for non-therapeutic biomolecules is predicted to experience a quick expansion in the upcoming years, escalating to $52.15 billion in 2029 with a compound annual growth rate (CAGR) of 11.1%. The advancement for the predicted period can be linked to the emergence of new market opportunities, advancements in data analytics and integration, much attention on precision medicine, growing investment in personalized healthcare, broadening application areas. Significant trends during the forecasted period consist of technological progress, strategic partnerships, increasing applications in agriculture, extended role in industrial processes, and more customization and personalization.
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What Are the Most Significant Market Trends Transforming theNon-Therapeutic Biomolecules Market?
One of the primary trends observed in the non-therapeutic biomolecules market is product innovation. To maintain a competitive edge, prominent companies in the market are actively engaging in research and development activities. A case in point is the strategic partnership between BASF SE – a multinational chemical company based in Germany – and Caregen – a Korean firm focused on biomimetic peptide research and development. In January 2022, they unveiled the Peptovitae series, which is produced using liposome-encapsulation technology. This newest addition in their dermo-cosmetics line aims to offer novel and unique solutions for a variety of skin issues. The technique utilized, liposomal encapsulation, employs fats to transport vital vitamins or medications encapsulated in minuscule bubbles to targeted bodily regions, leaving other areas unaffected. The Peptovitae series caters to an extensive array of skin needs beyond those typically linked with the application of peptides, such as anti-aging, skin brightening, relief for dry and itchy skin, and skin moisturization.
What Are the Top Market Players Propelling the Growth of theNon-Therapeutic Biomolecules Industry?
Major companies operating in the non-therapeutic biomolecules market are Amgen Inc., Genentech Inc., Merck KGaA, Lonza Group AG, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Agilent Technologies Inc., Charles River Laboratories International Inc., GE Healthcare Life Sciences, Fujifilm Diosynth Biotechnologies, Evonik Industries AG, Seikagaku Corporation, Takeda Pharmaceutical Company Limited, MilliporeSigma, Covance Inc., Sartorius AG, Sanofi S.A., CordenPharma International, Bayer AG, WuXi AppTec, Ginkgo Bioworks, Synlogic Inc., 3M Company, Eppendorf AG, Medtronic Plc, Bio-Techne Corporation, Iovance Biotherapeutics Inc., Vectalys, Avid Bioservices Inc., Sientra Inc.
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Which Primary Segments of the Non-Therapeutic Biomolecules Market Are Driving Growth and Industry Transformations?
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
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