The global downstream processing market size is expected to reach USD 94.79 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.84% from 2023 to 2030.  The capacity requirements during the development of biologic drugs have changed over the past few years, wherein the demand for manufacturing high-volume...

The global downstream processing market was valued at approximately USD 30.96 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 14.84% from 2023 to 2030. This growth is largely driven by the increased use of downstream processing techniques, particularly in the context of biopharmaceuticals and vaccine development. The COVID-19 pandemic significantly...