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The global downstream processing market exhibited moderate growth during 2015-2020. Downstream processing refers to the purification and recovery of biosynthetic and pharmaceutical products extracted from natural sources. The sources include plant and animal tissues that can be recycled and treated. Downstream processing involves solid-liquid separation, release of intracellular products, chromatography purification and formulation. These processes are conducted through floatation, flocculation, centrifugation and filtration and are used for the manufacturing of anti-infection agents, antibiotics, antibodies, hormones, vaccines and industrial enzymes. Downstream processing also aids in maximizing product recovery and minimizing the overall cost of production.
Significant growth in the pharmaceutical industry across the globe is one of the key factors creating a positive outlook for the market. Downstream processing is widely used for isolating, purifying and concentrating the synthesized drug substances from the complex bulk matrix. Furthermore, the increasing prevalence of various infectious diseases, such as dengue, hepatitis and swine influenza, is providing a thrust to the market growth. As the coronavirus disease (COVID-19) continues to spread, there has been a substantial increase in the utilization of downstream processing for the manufacturing of vaccines with higher efficacy and minimal side-effects. Additionally, various technological advancements, such as the development of innovative multicomponent separation and perfusion chromatography systems, are acting as other growth-inducing factors. These solutions are widely utilized for the purification of recombinant protein produced by animal cell cultures to create high-value products. Other factors, including extensive research and development (R&D) activities in the field of biochemical engineering, along with significant improvements in the healthcare infrastructure, especially in the developing nations, are anticipated to drive the market toward growth. Looking forward, IMARC Group expects the global downstream processing market to grow at a CAGR of around 14% during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the global downstream processing market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, technique, product, application and end use.
Breakup by Technique:
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The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Boehringer Ingelheim International GmbH, Corning Corporation, Danaher Corporation, Eppendorf AG, Lonza Group AG, Merck KGaA, Repligen Corporation, Sartorius AG and Thermo Fisher Scientific Inc.
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