Traditionally, the fermentation process was defined as the conversion of sugar into carbon dioxide and alcohol by the anaerobic method with the help of yeast, but this definition has evolved with the passage of time due to the dynamic usage of this process in varying applications. One such evolved area of application of the fermentation process is the pharmaceutical industry where the process is employed for the preparation of various Active Pharmaceutical Ingredients (API). Traditionally, fermentation in the pharmaceutical industry was limited to various medically important products such as antibiotics, solvents, probiotics and citric acid and recent developments have paved way for the implementation of this process in products such as anti-viral drugs, therapeutic recombinant proteins, monoclonal antibodies and DNA. Various types of antibiotics are developed using fermentation technology; for example, antibacterial, antifungal, antiviral and anti-parasitic antibiotics, among others. Therefore, fermentation remains a key process in the rapidly growing biopharmaceutical industry.
Various pharmaceutical manufacturers are deriving medical products from fermented products with active pharmaceutical ingredients, which is creating a demand for contract pharmaceutical fermentation services for bulk supply. Contract pharmaceutical fermentation services provide bulk quantities of fermented biological products to different pharmaceutical companies for manufacturing purposes.
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Contract Pharmaceutical Fermentation Services Market: Overview
With innovative use of the fermentation process across the pharmaceutical industry, the contract pharmaceutical fermentation services market is expected to witness rapid growth over the forecast period. The extensive research towards the curative treatment of cancer and other incurable diseases with the help of biological products is expected to further propel the growth of the contract pharmaceutical fermentation services market. By fermentation type, the contract pharmaceutical fermentation services market is expected to be dominated by the anaerobic fermentation involving micro-organisms segment. By application type, the antibiotics segment is expected to dominate the contract pharmaceutical fermentation services market.
Contract Pharmaceutical Fermentation Services Market: Regional Outlook
North America is expected to be the most lucrative contract pharmaceutical fermentation services market globally. Numerous pharmaceutical companies with R&D bases in North America are contributing to the enhanced demand for contract pharmaceutical fermentation services in the region. Europe is expected to be the second most lucrative region in the global contract pharmaceutical fermentation services market. Latin America and Asia-Pacific are emerging markets in contract pharmaceutical fermentation services and the Middle East and Africa region is pegged to be the least lucrative contract pharmaceutical fermentation services market.
Contract Pharmaceutical Fermentation Services Market: Market Participants
Examples of some of the market participants in the global contract pharmaceutical fermentation services market identified across the value chain include Aumgene Biosciences, Wisconsin BioProducts, EKF Diagnostics – Stanbio, BioVectra, Apotex Fermentation Inc, Capua Bioservices, AbbVie, Sandoz, Boehringer Ingelheim International GmbH, Biocon and others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes,
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, Rest Of MEA)
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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