Ahead of the January 2018 update on the report “3D Cell Cultures: Technologies and Global Markets,” we are resharing Laurie Sullivan’s blog from July. On January 24, 2018, the analyst Robert G. Hunter will present a Member Exclusive Webinar and Q&A session on this report. Purchase the report or become a Member to attend!
With commercial applications in many fields, the total amino acid market in the United States is projected to approach $2.5 billion by 2022. Amino acids have important roles in food for human consumption, animal feed, cosmetics, medicines, biotechnology and some industrial applications. In dollar terms, the most important current applications are in animal feed and human food. The threeprimary categories of commercial amino acids in the United States—animal feeds, flavorants and specialty uses—comprise a market in excess of $1.9 billion. Accounting for 18% of global consumption, the U.S. market is forecast to expand at a compound annual growth rate of 4.8% from 2017 to 2022, according to a new study by BCC Research.
Researchers and healthcare professionals worldwide are exploring avenues in microRNA research and development. MicroRNAs are noncoding regions of the genome that help control where and when genes are activated. The burgeoning market of microRNA tools for research, diagnostics, and therapeutics has the potential to approach $1.4 billion by 2021. The rising incidences of life-threatening diseases and a growing population are among factors driving growth of this market. Companies are focusing on the advancement of superior technologies to provide higher-quality treatment and improved therapies for patients. Increased government spending and new partnerships will bolster growth in this innovative industry.
Single-use technology plays a pivotal role in the expanding biopharmaceutical industry. Trends in biopharmaceuticals are benefiting the global market for single-use systems and products, accelerating their manufacture and consumption. A recent study by BCC Research forecasts expansion at a five-year compound annual growth rate (CAGR) of 12.3% in the United States and 9.2% in Europe. Overall, the global market for single-use technology is estimated to reach $4.3 billion by 2021.