Middle East and Africa Synthetic Biology Market

The MEA synthetic biology market is expected to grow from US$ 698.02 million in 2021 to US$ 2,407.31 million by 2028; it is estimated to grow at a CAGR of 19.3% from 2021 to 2028.

Significant advancements have been seen in CRISPR-based technologies. In addition, significant funds and investments by leading synthetic biology companies continue to drive the shift in the major application of synthetic biology offerings from the textile industry to the pharmaceuticals industry. For instance, the proposal for the first clinical trials of CRISPR-based therapeutics for treating inherited diseases has been submitted to regulators, which is focused on gene editing therapy for beta-thalassemia and sickle cell disease. The most attractive targets for CRISPR-based gene therapy are genetic diseases arising from mutations. Another trend in the field of synthetic biology is set by Bolt Threads as the company has manufactured the first garment from spider silk, which is available commercially. The silk was produced by using gene-editing techniques. Further, as per the Twist Bioscience news, Spiber, a company, has collaborated with The North Face to produce a parka, which is a coat made up of ersatz spider silk. The company is yet to begin the sales of the coat, as it hasn’t worked out the cost of the coat. Such advancements in techniques and products are giving rise to new trends in the synthetic biology market, which are likely to drive the market growth in the coming years.

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 MEA synthetic biology market. The MEA synthetic biology market is expected to grow at a significant CAGR during the forecast period.

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

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Middle East and Africa Synthetic Biology Strategic Insights

Strategic insights for the Middle East and Africa Synthetic Biology provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa Synthetic Biology Report Scope

Middle East and Africa Synthetic Biology Regional Insights

The geographic scope of the Middle East and Africa Synthetic Biology refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

MEA Synthetic Biology Market Segmentation   

The MEA 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 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 be fastest growing during forecast period. The MEA synthetic biology market is segmented into Saudi Arabia, UAE, South Africa, and Rest of MEA.

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 MEA synthetic biology market.