Asia Pacific Synthetic Biology Market Forecast to 2028

Asia Pacific Synthetic Biology Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Products (Enzymes, Chassis Organisms, Oligonucleotides, and Xeno-Nucleic Acids), Technology (Measurement & Modeling, Cloning & Sequencing, Genome Engineering, Gene Synthesis, Nanotechnology, and Others), and Application (Medical Applications, Industrial Applications, Food and Agriculture, Environmental Applications, and Others)

Report Code : BMIRE00025386 | Region : Asia Pacific | Industry : Biotechnology | Published Date : 15/Jul/2022

The APAC synthetic biology market is expected to grow from US$ 1,970.70 million in 2021 to US$ 7,343.06 million by 2028; it is estimated to grow at a CAGR of 20.7% from 2021 to 2028.

The synthetic biology—a branch of biotechnology—focusses on opportunities in the healthcare sector, involving drug delivery, protein therapeutics, biofuels, and food and agricultural product development. It provides opportunities for biotechnology entrepreneurs by enabling low-cost production. ThermoFisher Scientific capitalizes on flourishing business segments by targeting, innovating, and undertaking mergers and acquisitions.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC synthetic biology market . The APAC synthetic biology market is expected to grow at a notable CAGR during the forecast period.

APAC Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

APAC Synthetic Biology Market Segmentation

The APAC synthetic biology market is analyzed based on products, technology, application, and country. Based on products, the market is segmented into enzymes, chassis organisms, oligonucleotides, and xeno-nucleic acids. The oligonucleotides segment dominated the market in 2020 and is expected to continue to grow at the fastest rate during the forecast period. Based on technology, the market is segmented into measurement & modeling, cloning & sequencing, genome engineering, gene synthesis, nanotechnology, and others. The gene synthesis segment dominated the market in 2020, while the genome engineering segment is expected to be fastest growing during the forecast period. Based on application, the market is segmented into medical applications, industrial applications, food and agriculture, environmental applications, and others. The medical applications segment dominated the market in 2020 and is expected to garner the highest CAGR during the forecast period. The APAC synthetic biology market is segmented into China, Japan, India, South Korea, Australia, and Rest of APAC.

Agilent Technologies, Inc.; Amyris; Codexis; Genscript Biotech corporation; Integrated DNA Technologies; Merck KGaA; New England Biolabs; Novozymes A/S; Thermo Fisher Scientific; and Twist Bioscience are among the leading companies in the APAC synthetic biology market.

Oligonucleotides Segment to Dominate APAC Synthetic Biology Market During 2021-2028

According to a new market research study on “APAC Synthetic Biology Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Products, Technology, and Application ” is expected to reach US$ 7,343.06 million by 2028 from US$ 1,970.70 million in 2021. The market is estimated to grow at a CAGR of 20.7% from 2021 to 2028. The report provides trends prevailing in the APAC synthetic biology market along with the drivers and restraints pertaining to the market growth. Rising collaboration between companies is the major factor driving the growth of the APAC synthetic biology market . However, renewed regulations for biotechnology may hamper the growth of the market hinders the growth of APAC synthetic biology market .

The APAC synthetic biology market is analyzed based on products, technology, application, and country. Based on products, the market is segmented into enzymes, chassis organisms, oligonucleotides, and xeno-nucleic acids. The oligonucleotides segment dominated the market in 2020 and is expected to be fastest growing during forecast period. Based on technology, the market is segmented into measurement & modeling, cloning & sequencing, genome engineering, gene synthesis, nanotechnology, and others. The gene synthesis segment dominated the market in 2020 and genome engineering is expected to be fastest growing during forecast period. Based on application, the market is segmented into medical applications, industrial applications, food and agriculture, environmental applications, and others. The medical applications segment dominated the market in 2020 and is expected to be fastest growing during forecast period. Based on country, the APAC synthetic biology market is segmented into the China, Japan, India, South Korea, Australia, and Rest of APAC .

Agilent Technologies, Inc.; Amyris; Codexis; Genscript Biotech corporation; Integrated DNA Technologies; Merck KGaA; New England Biolabs; Novozymes A/S; Thermo Fisher Scientific; and Twist Bioscience are among the leading companies in the APAC synthetic biology market . The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Merck Advances BioProcessing Capabilities with Acquisition of MAST Platform from Lonza, a Leading Automated Bioreactor Sampling System. The acquisition of the MAST platform is another milestone to accelerate innovation in Merck’s Process Solutions business unit.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Synthetic Biology Market – By Product

1.3.2 APAC Synthetic Biology Market – By Technology

1.3.3 APAC Synthetic Biology Market – By Application

1.3.4 APAC Synthetic Biology Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Synthetic Biology Market – Market Landscape

4.1 Overview

4.2 APAC PEST Analysis

4.3 Experts Opinion

5. APAC Synthetic Biology Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Investments in Synthetic Biology

5.1.2 Rising Number of Start-Ups

5.2 Key Market Restraints

5.2.1 Renewed Regulations for Biotechnology

5.3 Key Market Opportunities

5.3.1 Rising Collaboration Between Companies

5.4 Future Trends

5.4.1 Growth of Advanced Synthetic Biology

5.5 Impact Analysis

6. Synthetic Biology Market– APAC Analysis

6.1 APAC Synthetic Biology Market Revenue Forecast and Analysis

7. APAC Synthetic Biology Market Analysis – By Product

7.1 Overview

7.2 APAC Synthetic Biology Market, By Product, 2021 & 2028 (%)

7.3 Enzymes

7.3.1 Overview

7.3.2 Enzyme: Synthetic Biology Market Revenue and Forecasts to 2028 (US$ Million)

7.4 Oligonucleotides

7.4.1 Overview

7.4.2 Oligonucleotide: Synthetic Biology Market Revenue and Forecasts to 2028 (US$ Million)

7.5 Chassis Organisms

7.5.1 Overview

7.5.2 Chassis Organisms: Synthetic Biology Market Revenue and Forecasts to 2028 (US$ Million)

7.6 Xeno-Nucleic Acids

7.6.1 Overview

7.6.2 Xeno-Nucleic Acids: Synthetic Biology Market Revenue and Forecasts to 2028 (US$ Million)

8. APAC Synthetic Biology Market Analysis – By Technology

8.1 Overview

8.2 APAC Synthetic Biology Market Share by Technology - 2021 & 2028 (%)

8.3 Gene Synthesis

8.3.1 Overview

8.3.2 Gene Synthesis: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

8.4 Genome Engineering

8.4.1 Overview

8.4.2 Genome Engineering: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

8.5 Measurement and Modeling

8.5.1 Overview

8.5.2 Measurement and Modeling: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

8.6 Cloning and Sequencing

8.6.1 Overview

8.6.2 Cloning and Sequencing: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

8.7 Nanotechnology

8.7.1 Overview

8.7.2 Nanotechnology: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

8.8 Others

8.8.1 Overview

8.8.2 Others: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

9. APAC Synthetic Biology Market Analysis – By Application

9.1 Overview

9.2 APAC Synthetic Biology Market Share by Application - 2021 & 2028 (%)

9.3 Medical Applications

9.3.1 Overview

9.3.2 Medical Applications: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

9.3.2.1 Drug Discovery and Therapeutics

9.3.2.1.1 Overview

9.3.2.1.2 Drug Discovery and Therapeutics: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

9.3.2.2 Pharmaceuticals

9.3.2.2.1 Overview

9.3.2.2.2 Pharmaceuticals: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

9.4 Industrial Applications

9.4.1 Overview

9.4.2 Industrial Applications: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

9.5 Food & Agriculture

9.5.1 Overview

9.5.2 Food & Agriculture: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

9.6 Environmental Applications

9.6.1 Overview

9.6.2 Environmental Applications: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Others: Synthetic Biology Market Revenue and Forecast to 2028 (US$ Million)

10. APAC Synthetic Biology Market – Country Analysis

10.1 APAC: Synthetic Biology Market

10.1.1 Overview

10.1.2 APAC: Synthetic Biology Market, by Country, 2021 & 2028 (%)

10.1.2.1 China: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.1 Overview

10.1.2.1.2 China: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.3 China: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

10.1.2.1.4 China: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

10.1.2.1.5 China: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

10.1.2.1.6 China: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

10.1.2.2 Japan: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.1 Overview

10.1.2.2.2 Japan: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.3 Japan: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

10.1.2.2.4 Japan: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

10.1.2.2.5 Japan: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

10.1.2.2.6 Japan: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

10.1.2.3 India: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.1 Overview

10.1.2.3.2 India: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.3 India: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

10.1.2.3.4 India: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

10.1.2.3.5 India: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

10.1.2.3.6 India: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

10.1.2.4 Australia: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.4.1 Overview

10.1.2.4.2 Australia: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.4.3 Australia: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

10.1.2.4.4 Australia: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

10.1.2.4.5 Australia: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

10.1.2.4.6 Australia: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

10.1.2.5 South Korea: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.5.1 Overview

10.1.2.5.2 South Korea: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.5.3 South Korea: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

10.1.2.5.4 South Korea: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

10.1.2.5.5 South Korea: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

10.1.2.5.6 South Korea: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

10.1.2.6 Rest of APAC: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.6.1 Overview

10.1.2.6.2 Rest of APAC: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.6.3 Rest of APAC: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

10.1.2.6.4 Rest of APAC: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

10.1.2.6.5 Rest of APAC: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

10.1.2.6.6 Rest of APAC: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

11. Industry Landscape

11.1 Overview

11.2 Organic Developments

11.2.1 Overview

11.3 Inorganic Developments

11.3.1 Overview

12. Company Profiles

12.1 Thermo Fisher Scientific Inc.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Agilent Technologies, Inc.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 MERCK KGaA

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 New England Biolabs

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Integrated DNA Technologies

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Twist Bioscience

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 GenScript Biotech Corporation

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Novozymes A/S

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Codexis

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Amyris Inc.

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. APAC Synthetic Biology Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2. China: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

Table 3. China: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

Table 4. China: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

Table 5. China: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

Table 6. Japan: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

Table 7. Japan: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

Table 8. Japan: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

Table 9. Japan: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

Table 10.   India: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

Table 11.   India: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

Table 12.   India: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

Table 13.   India: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

Table 14.   Australia: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

Table 15.   Australia: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

Table 16.   Australia: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

Table 17.   Australia: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

Table 18.   South Korea: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

Table 19.   South Korea: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

Table 20.   South Korea: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

Table 21.   South Korea: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

Table 22.   Rest of APAC: Synthetic Biology Market, by Product, 2019–2028 (USD Million)

Table 23.   Rest of APAC: Synthetic Biology Market, by Technology, 2019–2028 (USD Million)

Table 24.   Rest of APAC: Synthetic Biology Market, by Application, 2019–2028 (USD Million)

Table 25.   Rest of APAC: Synthetic Biology Market, by Medical Application, 2019–2028 (USD Million)

Table 26.   Organic Developments

Table 27.   Inorganic Developments

Table 28.   Glossary of Terms

LIST OF FIGURES.

Figure 1. APAC Synthetic Biology Market Segmentation

Figure 2. APAC Synthetic Biology Market, By Country

Figure 3. APAC Synthetic Biology Market Overview

Figure 4. APAC Synthetic Biology Market, By Product

Figure 5. APAC Synthetic Biology Market, By Country

Figure 7. APAC: PEST Analysis

Figure 8. Experts Opinion

Figure 9. APAC Synthetic Biology Market: Impact Analysis of Drivers and Restraints

Figure 10.   APAC Synthetic Biology Market– Revenue Forecast and Analysis

Figure 11.   APAC Synthetic Biology Market, by Product, 2021 & 2028 (%)

Figure 12.   APAC Enzymes: Synthetic Biology Market Revenue and Forecasts to 2028 (US$ Million)

Figure 13.   APAC Oligonucleotide: Synthetic Biology Market Revenue and Forecasts to 2028 (US$ Million)

Figure 14.   APAC Chassis Organisms: Synthetic Biology Market Revenue and Forecasts to 2028 (US$ Million)

Figure 15.   APAC Xeno-Nucleic Acids: Synthetic Biology Market Revenue and Forecasts to 2028 (US$ Million)

Figure 16.   APAC Synthetic Biology Market Share by Technology - 2021 & 2028 (%)

Figure 17.   APAC Gene Synthesis: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 18.   APAC Genome Engineering: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 19.   APAC Measurement and Monitoring: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 20.   APAC Cloning and Sequencing: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 21.   APAC Nanotechnology: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 22.   APAC Others: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 23.   APAC Synthetic Biology Market Share by Application - 2021 & 2028 (%)

Figure 24.   APAC Medical Applications: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 25.   APAC Drug Discovery and Therapeutics: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 26.   APAC Pharmaceuticals: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 27.   APAC Industrial Applications: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 28.   APAC Food & Agriculture: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 29.   APAC Environmental Applications: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 30.   APAC Others: Synthetic Biology Market Revenue and Forecasts To 2028 (US$ Million)

Figure 31.   APAC: Synthetic Biology Market, by Key Country – Revenue (2021) (USD Million)

Figure 32.   APAC: Synthetic Biology Market, by Country, 2021 & 2028 (%)

Figure 33.   China: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

Figure 34.   Japan: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

Figure 35.   India: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

Figure 36.   Australia: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

Figure 37.   South Korea: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

Figure 38.   Rest of APAC: Synthetic Biology Market – Revenue and Forecast to 2028 (USD Million)

The List of Companies - Asia Pacific Synthetic Biology Market

● Agilent Technologies, Inc.

● Amyris

● Codexis

● Genscript Biotech corporation

● Integrated DNA Technologies

● Merck KGaA

● New England Biolabs

● Novozymes A/S

● Thermo Fisher Scientific

● Twist Bioscience

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC synthetic biology market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the APAC synthetic biology market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the synthetic biology market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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