Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Albumin Market: By Type, By Application, By Distribution Channel and Geography
Albumin Market size was valued at US$ 6,641 million in 2024, growing at a CAGR of 10.2% from 2024-2030. Albumins belong to the family of globular proteins. All the proteins present in the albumin family are water-soluble and moderately soluble in concentrated salt solutions. When subjected to heat, undergo denaturation. The albumins contribute 50% to 60% of the blood plasma proteins. The most common of them is serum albumins. The human serum albumin is the most abundant protein in human blood plasma. In March 2016, CSL Behring announced that the U.S. Food and Drug Administration (FDA) has approved IDELVION [Coagulation Factor IX (Recombinant), Albumin Fusion Protein], its novel, long-acting albumin fusion protein linking recombinant coagulation factor IX with recombinant albumin for the treatment of hemophilia B.
The global Albumin Market research report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland, and the Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezuela, and Rest of Latin America), and the Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of the Middle East and Africa).
Study Period
2024-2030Base Year
2023CAGR
10.2%Largest Market
APACFastest Growing Market
Europe
Increase in the prevalence of liver disease is the major driving factor for the growth of the market. The increasing instances of conditions such as trauma and shock are anticipated to drive market revenue growth over the forecast period. Growing use of the albumin in the form of an excipient in the drug delivery and increasing acceptance of the drug among the healthcare fraternity is expected to enhance the growth of the market over the forecast period. However, availability of alternative therapies, dearth of the plasma, and scarcity of blood donors are likely to hinder the growth of the market over the forecast period.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market CAGR |
10.2% |
By Type |
|
By Application |
|
By Distribution Channel |
|
By Region |
|
Download Free Sample Report
The albumin market size was valued at US$ 6,641 million in 2023
CSL Behring, Novozymes A/S, Thermo Fisher Scientific, Octapharma AG, MedxBio Pte. Ltd.
The Asia Pacific is the fastest-growing region for the albumin market
1. Executive Summary |
2. Global Albumin Market Introduction |
2.1. Global Albumin Market – Taxonomy |
2.2. Global Albumin Market – Definitions |
2.2.1. Type |
2.2.2. Application |
2.2.3. Distribution Channel |
3. Global Albumin Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Albumin Market Dynamic Factors - Impact Analysis |
3.6. Global Albumin Market – Competition Landscape |
3.7. Epidemiology |
4. Global Albumin Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Albumin Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Human Serum Albumin |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Bovine Serum Albumin |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Recombinant Albumin |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Albumin Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 – 2030 |
6.1. Drug Formulation and Vaccines |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Life Sciences |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Culture Media Ingredient |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Albumin Market Forecast, By Distribution Channel, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1. Biopharmaceutical and Biotechnology companies |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Academic research institutes |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Others |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8. Global Albumin Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Albumin Market - Opportunity Analysis Index, By Type, By Application, By Distribution Channel, and Region, 2024 - 2030 |
9. North America Albumin Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Human Serum Albumin |
9.1.2. Bovine Serum Albumin |
9.1.3. Recombinant Albumin |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Drug Formulation and Vaccines |
9.2.2. Life Sciences |
9.2.3. Culture Media Ingredient |
9.2.4. Others |
9.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Biopharmaceutical and Biotechnology companies |
9.3.2. Academic research institutes |
9.3.3. Others |
9.4. Country Analysis 2016 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. U.S. |
9.4.2. Canada |
9.5. North America Albumin Market - Opportunity Analysis Index, By Type, By Application, By Distribution Channel, and Country, 2024 - 2030 |
9.6. North America Albumin Market Dynamics – Trends |
10. Europe Albumin Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Human Serum Albumin |
10.1.2. Bovine Serum Albumin |
10.1.3. Recombinant Albumin |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Drug Formulation and Vaccines |
10.2.2. Life Sciences |
10.2.3. Culture Media Ingredient |
10.2.4. Others |
10.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Biopharmaceutical and Biotechnology companies |
10.3.2. Academic research institutes |
10.3.3. Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Russia |
10.4.7. Poland |
10.4.8. Rest of Europe |
10.5. Europe Albumin Market - Opportunity Analysis Index, By Type, By Application, By Distribution Channel, and Country, 2024 - 2030 |
10.6. Europe Albumin Market Dynamics – Trends |
11. Asia-Pacific Albumin Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Human Serum Albumin |
11.1.2. Bovine Serum Albumin |
11.1.3. Recombinant Albumin |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Drug Formulation and Vaccines |
11.2.2. Life Sciences |
11.2.3. Culture Media Ingredient |
11.2.4. Others |
11.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Biopharmaceutical and Biotechnology companies |
11.3.2. Academic research institutes |
11.3.3. Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Japan |
11.4.2. China |
11.4.3. India |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Albumin Market - Opportunity Analysis Index, By Type, By Application, By Distribution Channel, and Country, 2024 - 2030 |
11.6. Asia-Pacific Albumin Market Dynamics – Trends |
12. Latin America Albumin Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Human Serum Albumin |
12.1.2. Bovine Serum Albumin |
12.1.3. Recombinant Albumin |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Drug Formulation and Vaccines |
12.2.2. Life Sciences |
12.2.3. Culture Media Ingredient |
12.2.4. Others |
12.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Biopharmaceutical and Biotechnology companies |
12.3.2. Academic research institutes |
12.3.3. Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Argentina |
12.4.4. Venezuela |
12.4.5. Rest of Latin America |
12.5. Latin America Albumin Market - Opportunity Analysis Index, By Type, By Application, By Distribution Channel, and Country, 2024 - 2030 |
12.6. Latin America Albumin Market Dynamics – Trends |
13. Middle East and Africa Albumin Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
13.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Human Serum Albumin |
13.1.2. Bovine Serum Albumin |
13.1.3. Recombinant Albumin |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Drug Formulation and Vaccines |
13.2.2. Life Sciences |
13.2.3. Culture Media Ingredient |
13.2.4. Others |
13.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Biopharmaceutical and Biotechnology companies |
13.3.2. Academic research institutes |
13.3.3. Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. Israel |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Albumin Market - Opportunity Analysis Index, By Type, By Application, By Distribution Channel, and Country, 2024 - 2030 |
13.6. MEA Albumin Market Dynamics – Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. Thermo Fisher Scientific (U.S) |
14.2.2. MedxBio Pte. Ltd. (Singapore) |
14.2.3. China Biologic Products Inc. (China) |
14.2.4. CSL Behring LLC (U.S) |
14.2.5. Baxter International, Inc. (U.S) |
14.2.6. Novozymes A/S. (Denmark) |
14.2.7. Mitsubishi Tanabe Pharma (Japan) |
14.2.8. Sigma-Aldrich Corporation (U.S) |
14.2.9. Octapharma AG (Switzerland) |
15. Research Methodology |
16. Key Assumptions and Acronyms |
Key Market Players