Global Albumin (as Excipient) Market: Overview
This report analyzes the global albumin (as excipient) market in terms of its current and future business prospects. Grant of regulatory approvals and subsequent launch of albumin-based products, increasing participation from the pharmaceutical industry in the development and manufacturing of biopharmaceuticals, along with rise in research & development expenditure and increase in consumption of albumin are the key factors driving the growth of the global albumin (as excipient) market. Albumin serves as an important ingredient for formulated proteins and as a component of culture media and other biotech products, ultimately acting as a multifunctional excipient. Use of a well-characterized multifunctional excipient eliminates the time consumed during characterization of each excipient for different functions. This reduces the associated cost, shortens the registration process, and creates a faster route toward the market. Other factors, such as, decrease in issues with variability in quality, lower lot-to-lot and supplier-to-supplier variation, and reduction in the time involved in formulation optimization also drive the demand for albumin as excipient.
This report on albumin (as excipient) market comprises an elaborate executive summary, which includes a market snapshot, providing information on the various segments of the market. It also provides information and data analysis of the global market with respect to its segments based on product, application, end-user and geography. A detailed qualitative analysis of drivers, restraints, and opportunities of the market has been provided in the market overview section of the report. In addition, it comprises competitive matrix and company profiles with business overview to understand the competition in the market. The section also provides market attractiveness analysis, by geography, and market share analysis, in terms of key players, thus presenting a thorough analysis of the overall competitive scenario in the albumin (as excipient) market.
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Global Albumin (as Excipient) Market: Key Segments
In terms of product, the global albumin (as excipient) market has been segmented into human serum albumin and recombinant albumin. Based on application, the global market has been divided into human serum albumin applications and recombinant albumin applications. The human serum albumin application segment has further been classified into drug formulation, drug delivery, vaccines, medical device coating, culture medium & stabilizers, diagnostics, and in vitro fertilization. The recombinant albumin segment has further been bifurcated into drug formulation, drug delivery, vaccines, medical device coating, culture medium & stabilizers, diagnostics, and in vitro fertilization. Market size and forecast for each of these segments have been provided in terms of US$ Mn for the period of 2016 to 2026, along with their respective CAGRs, for the forecast period of 2018 to 2026, considering 2017 as the base year.
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Global Albumin (as Excipient) Market: Regional Outlook
Geographically, the global albumin (as excipient) market has been categorized into four major regions and key countries in the respective regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, Australia, and Rest of Asia Pacific), Rest of the World (Brazil, Mexico, South Africa, Saudi Arabia). Market size and forecast for each of these regions and countries have been provided for the period of 2016 to 2026, along with their respective CAGRs for the forecast period of 2018 to 2026, considering 2017 as the base year. The research study also covers the competitive scenario of the albumin (as excipient) market in these regions.
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Companies Profiled in the Report
The report also profiles major players operating in the global albumin (as excipient) market based on various attributes, such as, company overview, financial overview, product portfolio, business strategies, and recent developments. Major players in the market are Albumedix A/S (Novozyme A/S), Albumin Therapeutics, LLC, Biotest AG, CSL Behring LLC, Grifols International, S.A, HiMedia Laboratories Pvt. Ltd., InVitria, Medxbio Pte Ltd, Octapharma AG, RayBiotech, Inc., SeraCare Life Sciences, and Sigma-Aldrich Co. (Merck KGaA).
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Bovine serum albumin and human serum albumin are albumins obtained from bovine and human plasma, respectively.
Recombinant albumin is manufactured using recombinant techniques in bacteria and viruses.China is the largest consumption place, with a consumption market share nearly 53.9% in 2017.
Following China, North America is the second largest consumption place with the consumption market share of 20% in 2017.Market competition is intense.
CSL, Grifols, Shire (Baxalta), Octapharma, Hualan Bio are the leaders of the industry, and have been formed in the monopoly position in the industry.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-albumin-2019-2024-962According to this study, over the next five years the Albumin market will register a 6.7% CAGR in terms of revenue, the global market size will reach US$ 6070 million by 2024, from US$ 4380 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Albumin business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Albumin market by product type, application, key manufacturers and key regions and countries.This study considers the Albumin value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.Human Serum AlbuminBovine Serum AlbuminRecombinant AlbuminSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.TherapeuticsVaccine IngredientCulture Medium IngredientOtherThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.CSLGrifolsShire (Baxalta)OctapharmaHualan BioCBPORAASKedrionMerckLFB GroupAlbumedixThermo Fisher ScientificVentria (InVitria)In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future development.Research objectivesTo study and analyze the global Albumin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Albumin market by identifying its various subsegments.Focuses on the key global Albumin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Albumin with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Albumin submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.Get the Complete Report & TOC @ https://www.grandresearchstore.com/life-sciences/global-albumin-2019-2024-962Table of content2019–2024 Global Albumin Consumption Market Report1 Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology1.5 Economic Indicators1.6 Currency Considered2 Executive Summary2.1 World Market Overview2.1.1 Global Albumin Consumption 2014–20242.1.2 Albumin Consumption CAGR by Region2.2 Albumin Segment by Type2.2.1 Human Serum Albumin2.2.2 Bovine Serum Albumin2.2.3 Recombinant Albumin2.3 Albumin Consumption by Type2.3.1 Global Albumin Consumption Market Share by Type (2014–2019)2.3.2 Global Albumin Revenue and Market Share by Type (2014–2019)2.3.3 Global Albumin Sale Price by Type (2014–2019)2.4 Albumin Segment by Application2.4.1 Therapeutics2.4.2 Vaccine Ingredient2.4.3 Culture Medium Ingredient2.4.4 Other2.5 Albumin Consumption by Application2.5.1 Global Albumin Consumption Market Share by Application (2014–2019)2.5.2 Global Albumin Value and Market Share by Application (2014–2019)2.5.3 Global Albumin Sale Price by Application (2014–2019)3 Global Albumin by Players3.1 Global Albumin Sales Market Share by Players3.1.1 Global Albumin Sales by Players (2017–2019)3.1.2 Global Albumin Sales Market Share by Players (2017–2019)CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
