Plant-based Biologics Market Growth Accelerated by Adoption of Green and Sustainable Manufacturing Processes
The plant-based biologics market involves innovative and sustainable biomanufacturing technologies for producing biotherapeutics such as monoclonal antibodies, recombinant proteins, and vaccines using plant-based expression platforms. These technologies provide scalable and cost-effective production solutions as compared to traditional cell culture and fermentation methods. Plant-based platforms offer several advantages like rapid scalability, lack of pathogens, better yields, and human-compatible post-translational modifications. With growing awareness about environmental sustainability, more pharmaceutical companies are adopting green manufacturing practices like plant-based biologics.
The global plant-based
biologics market is estimated to be valued at US$ 19.4 Mn in 2024 and is
expected to exhibit a CAGR of 3.4% over the forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends driving the growth of the plant-based biologics market
is the increasing preference for sustainable and environment-friendly
production practices. Conventional mammalian cell culture and microbial
fermentation methods require large amounts of water, energy and generate
significant carbon emissions. On the other hand, plant-based systems do not
require costly infrastructure and have a significantly lower environmental
footprint. For instance, biomanufacturing in plants does not generate toxic
by-products that need expensive treatment before disposal. With growing climate
change concerns, sustainability is gaining importance among pharmaceutical
companies and driving adoption of green bioproduction technologies like
plant-made therapeutics. This trend is expected to continue boosting demand for
plant-based biologics during the forecast period.
Segment Analysis
The global plant-based biologics market is segmented on the basis of product
type and application. By product type, the vaccines segment dominates the
market. Vaccines produced from plant platforms have gained increasing
importance due to their ability to induce a stronger immune response as
compared to traditionally produced vaccines. This is attributed to the lower
production cost of plant-made vaccines along with their ability to induce
protective immunity against various pathogens including influenza, HPV,
cholera, and others. By application, the therapeutic area segment accounts for
the largest share of the market. Increasing incidence of chronic diseases along
with growing demand for cost-effective treatment options is fueling the demand
for plant-based therapeutic proteins for conditions like diabetes, hemophilia,
and others.
Key Takeaways
The global plant-based biologics market is expected to
witness high growth over the forecast period driven by advantages over
conventional biomanufacturing and growing biologics demand.
Regional analysis shows that North America dominates the global plant-based
biologics market with the largest share. This is attributed to well-established
pharmaceutical industry, high healthcare spending, and rapid adoption of
advanced technologies in the region. Key players are focusing on expansion of
manufacturing facilities and collaboration with research institutes in the
region to cater to the growing demand.
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