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Tag: Bioprocess Technology Industry

Bioprocess Technology Market is Set to Grow at a CAGR of
Science

Bioprocess Technology Market is Set to Grow at a CAGR of

NEWARK, Del, Nov. 17, 2022 (GLOBE NEWSWIRE) -- The global bioprocess technology market is anticipated to register an opulent growth opportunity with an exceptional CAGR of 15.2% during the forecast period from 2021 to 2031. The global bioprocess technology market was valued at US$ 17.3 Bn in 2020 and is projected to generate a revenue of US$ 81.2 Bn by the end of 2031. The growth of the market is attributed to the widespread consumer awareness regarding bioprocess technology on the rise and companies focusing on the launch of next-generation bioprocess products and engaging synergistic approaches for distribution and manufacturing through various market consolidation activities. According to the analysis conducted by Future Market Insights (FMI), the global bioprocess technology mark...