The global downstream processing market is poised to reach $22.03 Billion by 2021 from $10.32 Billion in 2016, at a CAGR of 16.4%. The growth of this market is propelled by the increasing demand for biopharmaceuticals and increasing R&D expenditure in the biopharmaceutical industry. Emerging markets such as Asia-Pacific provide new growth opportunities to players in the market.
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