Molecular Farming Market Size, Share, By Type (Plant-based, and Animal-based), By Application (Pharmaceuticals, Nutraceuticals, Cosmetics, Dairy, and Others), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI531724 | Publish Date: June 2024 | No. of Pages: 178

Molecular Farming Market Trends

Growing Pharmaceutical Industry Requirement for Proteins:

For many uses, including medication creation, diagnostics, and therapeutic applications, the pharmaceutical industry is significantly dependent on proteins. Proteins, including growth factors, enzymes, and antibodies, can be produced in large quantities and reasonably cheaply through molecular farming. Molecular agriculture is starting to look like a promising answer to the needs of the industry as the need for these proteins keeps rising. Furthermore, as the world's population grows and cities more people live there, there is a growing need for diets high in protein, especially in emerging countries where dietary habits are changing to incorporate more protein. Molecular farming offers a scalable and sustainable method of producing protein to fulfill its growing global need.