Recombinant Ingredient Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
- Transparency Market Research
The recombinant ingredient market consists of products manufactured by the combination of two or more complete products or part of products in order to develop a desired product for human well-being. Recombinant ingredient includes the products produced with recombinant DNA technology. Recombinant DNA technology emerged as a need for specific DNA segments in amount sufficient for biochemical analysis. The recombinant ingredient market includes recombinant proteins, recombinant vaccines, recombinant hormones and recombinant monoclonal antibody, as the widely used products in the field of medicine. Recombinant DNA is synthesized by the combination of two DNA strands, one of which has the gene of interest. Recombinant DNA technology uses the palindromic sequences which lead to the production of sticky and blunt ends, and hence can be fused together to form a new product. Recombinant DNA is also termed as chimeric DNA, as it is made of materials from two different species. Recombinant proteins, recombinant vaccines, recombinant hormones and monoclonal antibodies are all prepared using the technique of recombinant DNA technology. Proteins that are expressed as a result of recombinant DNA technology are termed as recombinant proteins. Along similar lines, vaccines are created from the virus of interest. Recombinant DNA is prepared by the process of molecular cloning and polymerase chain reaction (PCR). Molecular cloning involves replication of DNA within the living cell and in PCR technique the DNA is replicated in test tube.
Increase in the number of genetic disease, demand for less toxic pharmaceutical products, and manufacturing of medicine for targeted diseases have given rise to the production of recombinant technique. Recombinant DNA technique is applied to map, identify, and sequence the genes and also to recognize their functions. In addition, recombinant DNA technique is used to manipulate organisms and also the product that has been derived from these organisms. The recombinant ingredient products provide a substantial quantity, with tailor-made products whose expression can be controlled and resistant to natural inhibitors and can be utilized widely. The common recombinant DNA products in medicine are recombinant human insulin, recombinant growth hormones (HGH and somatotropin), recombinant hepatitis B vaccine, and recombinant blood clotting factor VIII. Technological advancements have evolved the scope of medical research. New approaches with innovation in technology have been developed to exploit the potential of recombinant DNA technology. The ability of manipulate human genetic material has opened new avenues for diagnosis and treatment and has significant opportunity in the future of medicine. In the past two decades, recombinant technology has revolutionized the traditional medicine practice and initiated effective therapeutic options for a number of diseases. Since the recombinant ingredient technology has application into varied fields, the drivers of the market are specific to the fields. The driving factor in medicine is the increase in the number of life-threatening diseases and the rising number of diseased population worldwide. The only restraint in the recombinant ingredient market is the ethical issues concerning the approval of the recombinant products.
The recombinant ingredient market can be segmented according to application, end-user, and geography. Based on application, the recombinant ingredient market can be classified into proteins, monoclonal antibodies, vaccines, hormones, and blood related factors. According to end-user, the recombinant ingredient market can be divided into biotechnology research companies, diagnostic centers, forensic labs, agriculture institutes, food industry, and hospitals. By geography the recombinant ingredient market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Geographically, North America and Europe are dominant in the recombinant ingredient market as biotechnology companies are growing at a rapid pace in these regions. The U.S. is a highly attractive market as the companies in the country are research orientated and USFDA approval products can be used commercially worldwide. The emerging markets are Asia Pacific, Latin America, Middle East and Africa pertaining to developing economic scenario and increasing demand of therapeutic market. Prominent players are attracted to these regions owing to their developing economies with a strategic view to increase their productivity and expansion of business.
Top players in the recombinant ingredient market are Genentech, Inc., Eli Lilly and company, Novo Nordisk, Sanofi, Biocon, Novartis AG, Pfizer, GlaxoSmithKline plc., Merck & Co. Inc., and Amgen Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Biotechnology
Pharmaceuticals and HealthcareGlobal Bionic Ears Market Professional Survey Report 2017
Pharmaceuticals and HealthcareNeuropsychiatric Disorder Cluster Drug Development Pipeline Review, 2017
Pharmaceuticals and HealthcareHepatitis Drug Development Pipeline Review, 2017