Plant-based Biologics Market Analysis (2020-2027)
Plant-based biologics are biologic drugs that are manufactured by using plant molecular farming. They are also known as plant-made biologics (PMB). The applications and advantages of plant-based biologics have stretched beyond the traditional boundaries of vaccines and therapeutic proteins. For instance, bacterial colicins derived from plants in 2015 were recently proven effective as food additives for controlling pathogenic bacteria in food products. These colicins are highly effective (even when used in lower concentrations) to fight against all the pathogenic Escherichia coli strains that cause food poisoning. Moreover, it costs around US$ 1.00 for manufacturing one gram of purified colicins, which is commercially viable.
Market Dynamics
The increasing demand for biologics for various chronic diseases and rising investments in R&D for the production of biologics are expected to contribute significantly to the growth of plant-based biologics market. For instance, according to the Biotechnology Innovation Organization (BIO) 2015, over 250 biologic therapies and vaccines have changed the lives of hundreds of millions of patients. Moreover, according to the same source, over 900 biologics are currently (2018) under the stage of development for over 100 diseases in the U.S. Furthermore, according to the Pharmaceutical Research and Manufacturers of America (PhRMA), 2016, member companies invested around US$ 58.8 billion in research and development in 2015, of which, majority of the investments was made by all the biopharmaceutical companies in the U.S. for the treatment of rare diseases.
Many biopharmaceutical companies are focused on developing plant-made pharmaceuticals using various plants such as tobacco, duckweed, moss, alfalfa, and other plants, which is expected to propel growth of the plant-based biologics market. For instance, in September 2015, LeafBio, Inc., the commercial partner of Mapp Biopharmaceutical, Inc. (Mapp), was granted fast track designation by the U.S. Food and Drug Administration (FDA) for their plant-made drug ZMapp for the treatment of Ebola virus disease.
However, stringent regulatory guidelines for the production of plant-based biologics is one of the major factors restraining growth of the plant-based biologics market. Moreover, concern regarding contamination and environmental risks is another factor restraining growth of the market.
Key features of the study:
· This report provides in-depth analysis of the global plant-based biologics market, market size (US$ Mn), and compound annual growth rate (CAGR (%)) for the forecast period: 2020-2027, considering 2019 as the base year
· It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
· This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
· It profiles key players in the global plant-based biologics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
· Key players covered as a part of this study include Leaf Expression Systems, Zea Biosciences, Planet Biotechnology Inc., InVitria, PlantForm Corporation, IBIO, Inc., Mapp Biopharmaceutical, Inc., Pfizer Inc., Ventria Bioscience Inc., Medicago Inc., Eleva GmbH, Kentucky Bioprocessing, LLC, Solarvest Bioenergy Inc., and Byondis B.V.
· Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
· The global plant-based biologics market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for plant-based biologics market, research and consulting firms, new entrants, and financial analysts.
Detailed Segmentation:
· Global Plant-based Biologics Market, By Product Type:
o Monoclonal Antibodies
o Alpha Interferon
o Glucocerebrosidase
o Vaccines
o Others
· Global Plant-based Biologics Market, By Source Type:
o Carrot
o Tobacco Leaves
o Rice Seeds
o Alfalfa
o Others
· Global Plant-based Biologics Market, By Disease Indication:
o Gaucher Disease
o Tooth Decay
o Hepatitis
o Lymphoma
o Others
· Global Plant-based Biologics Market, By Region:
o North America
§ By Country:
§ U.S.
§ Canada
§ By Product Type:
§ Monoclonal Antibodies
§ Alpha Interferon
§ Glucocerebrosidase
§ Vaccines
§ Others
§ By Source Type:
§ Carrot
§ Tobacco Leaves
§ Rice Seeds
§ Alfalfa
§ Others
§ By Disease Indication:
§ Gaucher Disease
§ Tooth Decay
§ Hepatitis
§ Lymphoma
§ Others
o Europe
§ By Country:
§ U.K.
§ Germany
§ Italy
§ Spain
§ France
§ Russia
§ Rest of Europe
§ By Product Type:
§ Monoclonal Antibodies
§ Alpha Interferon
§ Glucocerebrosidase
§ Vaccines
§ Others
§ By Source Type:
§ Carrot
§ Tobacco Leaves
§ Rice Seeds
§ Alfalfa
§ Others
§ By Disease Indication:
§ Gaucher Disease
§ Tooth Decay
§ Hepatitis
§ Lymphoma
§ Others
o Asia Pacific
§ By Country:
§ Australia
§ India
§ China
§ Japan
§ ASEAN
§ South Korea
§ Rest of Asia Pacific
§ By Product Type:
§ Monoclonal Antibodies
§ Alpha Interferon
§ Glucocerebrosidase
§ Vaccines
§ Others
§ By Source Type:
§ Carrot
§ Tobacco Leaves
§ Rice Seeds
§ Alfalfa
§ Others
§ By Disease Indication:
§ Gaucher Disease
§ Tooth Decay
§ Hepatitis
§ Lymphoma
§ Others
o Latin America
§ By Country:
§ Brazil
§ Mexico
§ Argentina
§ Rest of Latin America
§ By Product Type:
§ Monoclonal Antibodies
§ Alpha Interferon
§ Glucocerebrosidase
§ Vaccines
§ Others
§ By Source Type:
§ Carrot
§ Tobacco Leaves
§ Rice Seeds
§ Alfalfa
§ Others
§ By Disease Indication:
§ Gaucher Disease
§ Tooth Decay
§ Hepatitis
§ Lymphoma
§ Others
o Middle East
§ By Country:
§ GCC
§ Israel
§ Rest of Middle East
§ By Product Type:
§ Monoclonal Antibodies
§ Alpha Interferon
§ Glucocerebrosidase
§ Vaccines
§ Others
§ By Source Type:
§ Carrot
§ Tobacco Leaves
§ Rice Seeds
§ Alfalfa
§ Others
§ By Disease Indication:
§ Gaucher Disease
§ Tooth Decay
§ Hepatitis
§ Lymphoma
§ Others
o Africa
§ By Country/Region:
§ South Africa
§ Central Africa
§ North Africa
§ By Product Type:
§ Monoclonal Antibodies
§ Alpha Interferon
§ Glucocerebrosidase
§ Vaccines
§ Others
§ By Source Type:
§ Carrot
§ Tobacco Leaves
§ Rice Seeds
§ Alfalfa
§ Others
§ By Disease Indication:
§ Gaucher Disease
§ Tooth Decay
§ Hepatitis
§ Lymphoma
§ Others
· Company Profiles
o Leaf Expression Systems*
§ Company Overview
§ Product Portfolio
§ Financial Performance
§ Recent Highlights
§ Strategies
o Zea Biosciences
o Planet Biotechnology Inc.
o InVitria
o PlantForm Corporation
o IBIO, Inc.
o Mapp Biopharmaceutical, Inc.
o Pfizer Inc.
o Ventria Bioscience Inc.
o Medicago Inc.
o Eleva GmbH
o Kentucky Bioprocessing, LLC
o Solarvest Bioenergy Inc.
o Byondis B.V.
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