Global Plant-based Expression Systems Market to Record an Exponential CAGR by 2030 - Report by InsightAce Analytic
Global Plant-based Expression Systems market is expected to grow with a CAGR of 5.4 % during a forecast period of 2022-2030.
NEW JERSEY, NJ, USA, September 12, 2022 /EINPresswire.com/ -- Insight Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global Plant-based Expression Systems Market- by Product (Biosimilars, Cell Therapies, Gene Therapies, Monoclonal Antibodies, Vaccines and Others), Plant (Algae, Barley, Benth, Duckweed, Lettuce, Maize, Moss, Rice, Tomato, Tobacco and Wheat Germ), Type of Service (Research and Development, Manufacturing, Fill/Finish and Others), Expression System (Stable Expression System and Transient Expression System), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."
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According to the latest research by Insight Analytics, the global plant-based expression systems market is expected to grow with a CAGR of 5.4 % during a forecast period of 2022-2030.
Plant-based expression systems have become a useful alternative to traditional expression platforms, including yeast, bacteria, and animal cells, for generating vaccines, antibodies, medicinal proteins, and biosimilars. The plant expression system creates a protein by inserting a vector containing an antigen gene into a plant cell and expressing the desired gene in the plant through a stable or temporary transformation system. The transient expression technique has many advantages, including consistency of product accumulation, safety, quick scaling, greater stability of recombinant proteins, and more.
Government financing for advancing plant expression technologies is one of the key factors propelling the market for plant-based expression systems. The high frequency of chronic and hereditary disorders, the development of protein-engineering technologies, the surge in demand for protein therapies, and rising drug development costs are other factors driving the market. The market for plant-based expression systems is expected to increase throughout the predicted period due to advancements in plant expression systems that enable various pharmaceutical and biopharmaceutical businesses to generate and modify novel, useful, and desirable proteins of interest. However, the pricey equipment, protein expression reagents, and labor-intensive, complex manufacturing of recombinant proteins may restrain market growth in the years to come.
North America is anticipated to contribute to the Plant-based Expression Systems market over the forecast years due to increased R&D spending on plant expression technologies and a rise in the need for protein-based medicines. The US government is the main proponent of innovative plant-based recombinant protein synthesis techniques, primarily for creating influenza vaccines. In addition, the Asia Pacific Plant-based Expression Systems market is expected to grow significantly during the forecast period because there is a great need for new vaccinations and antibodies and an increase in the incidence of chronic diseases.
Major market players operating in the Plant-based Expression Systems market include Medicago, Leaf Expression Systems, Eleva, iBIO, Creative Biogene, PlantForm, Protalix BioTherapeutics, Inc., G+Flas Life Sciences, Kentucky Bioprocessing, Angany and Other Prominent Players.
Recent collaborations and agreements in the market:
• In September 2021, SupraVec, a novel proprietary vector-based expression method from Leaf Expression Systems (Leaf), was introduced to quickly create proteins, vaccines, and complex biomolecules in plant leaf tissue.
• In January 2021, iBio unveiled their FastPharming system, which streamlines glycoengineering and accelerates process development by using plants to express recombinant proteins at scale temporarily. Within the FastPharming framework.
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Market Segments
Global Plant-based Expression Systems Market, by Product, 2022-2030 (Value US$ Mn)
• Biosimilars
• Cell Therapies
• Gene Therapies
• Monoclonal Antibodies
• Vaccines
• Others
Global Plant-based Expression Systems Market, by Plant, 2022-2030 (Value US$ Mn)
• Algae
• Barley
• Benth
• Duckweed
• Lettuce
• Maize
• Moss
• Rice
• Tomato
• Tobacco
• Wheat Germ
Global Plant-based Expression Systems Market, by Type of Service, 2022-2030 (Value US$ Mn)
• Research and Development
• Manufacturing
• Fill / Finish
• Others
Global Plant-based Expression Systems Market, by Expression System, 2022-2030 (Value US$ Mn)
• Stable Expression System
• Transient Expression System
Global Plant-based Expression Systems Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Plant-based Expression Systems Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Plant-based Expression Systems Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Plant-based Expression Systems Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Plant-based Expression Systems Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Plant-based Expression Systems Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
o Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Plant-based Expression Systems market
To receive an industry overview and future trends in the Plant-based Expression Systems market
To analyze the Plant-based Expression Systems market drivers and challenges
To get information on the Plant-based Expression Systems market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Plant-based Expression Systems market industry
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Priyanka Tilekar
Insightace Analytic Pvt. Ltd.
+1 551-226-6109
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