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Albumin Market

ID: MRFR/HC/5973-HCR
200 Pages
Rahul Gotadki
October 2025

Albumin (as Excipient) Market Research Report: Size, Share, Trend Analysis By Applications (Pharmaceuticals, Biotechnology, Diagnostics, Research), By Formulation Type (Injectables, Lyophilized, Oral Solids, Topicals), By Source (Human Serum Albumin, Bovine Serum Albumin, Recombinant Albumin), By End Use (Hospitals, Diagnostic Laboratories, Pharmaceutical Companies, Research Institutions) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Growth Outlook & Industry Forecast 2025 To 2035

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Albumin Market Summary

As per MRFR analysis, the Albumin Market Size was estimated at 1006.24 USD Million in 2024. The Albumin industry is projected to grow from 1065.81 USD Million in 2025 to 1894.4 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.92 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Albumin Market is experiencing robust growth driven by therapeutic applications and technological advancements.

  • The demand for albumin in therapeutic applications continues to rise, particularly in North America, which remains the largest market.
  • Technological advancements in production processes are enhancing the efficiency and quality of albumin products across the industry.
  • Sustainable practices are increasingly being adopted, reflecting a broader trend towards environmental responsibility in the albumin market.
  • The expansion of research and development activities, alongside the increasing prevalence of chronic diseases, are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 1006.24 (USD Million)
2035 Market Size 1894.4 (USD Million)
CAGR (2025 - 2035) 5.92%

Major Players

Grifols (ES), Baxter International (US), Octapharma (CH), CSL Behring (AU), Shire (IE), Kedrion (IT), LFB (FR), Biotest (DE), Hualan Biological Engineering (CN)

Albumin Market Trends

The Albumin Market is currently experiencing a notable transformation, driven by various factors that influence its dynamics. The increasing prevalence of chronic diseases and the growing demand for therapeutic proteins are pivotal in shaping the market landscape. Furthermore, advancements in biotechnology and the rising focus on personalized medicine appear to enhance the relevance of albumin in clinical applications. As healthcare systems evolve, the need for effective treatment options continues to rise, thereby propelling the demand for albumin-based therapies. This trend suggests a robust future for the Albumin Market, as stakeholders seek innovative solutions to address complex health challenges. In addition, the Albumin Market is witnessing a shift towards more sustainable production methods. Manufacturers are increasingly adopting environmentally friendly practices, which may lead to a reduction in the carbon footprint associated with albumin production. This shift not only aligns with global sustainability goals but also caters to the growing consumer preference for ethically produced products. As the market adapts to these changes, it is likely that the Albumin Market will continue to expand, driven by both technological advancements and a commitment to sustainability.

Rising Demand for Therapeutic Applications

The Albumin Market is seeing an increase in demand for therapeutic applications, particularly in the treatment of liver diseases, burns, and shock. This trend is largely influenced by the growing awareness of the benefits of albumin in clinical settings, which may lead to enhanced patient outcomes.

Technological Advancements in Production

Innovations in production techniques are transforming the Albumin Market. Enhanced purification processes and biotechnological advancements are likely to improve the efficiency and yield of albumin production, thereby meeting the rising global demand.

Focus on Sustainable Practices

There is a noticeable shift towards sustainable practices within the Albumin Market. Manufacturers are exploring eco-friendly production methods, which could not only reduce environmental impact but also appeal to a more environmentally conscious consumer base.

Albumin Market Drivers

Market Growth Projections

The Global Albumin Market (as Excipient) Market Industry is projected to experience substantial growth in the coming years. The market is anticipated to reach 1.01 USD Billion in 2024 and expand to 1.9 USD Billion by 2035, reflecting a robust CAGR of 5.91% from 2025 to 2035. This growth trajectory indicates a strong demand for albumin as an excipient, driven by factors such as the rising prevalence of biopharmaceuticals and advancements in drug formulation technologies. The market's expansion is indicative of the increasing reliance on albumin in pharmaceutical applications, solidifying its position as a critical excipient in the industry.

Regulatory Support for Biologics

Regulatory support for biologics significantly impacts the Global Albumin Market (as Excipient) Market Industry. Governments and regulatory bodies are increasingly facilitating the approval processes for biologics, which often utilize albumin as an excipient. This supportive regulatory environment encourages pharmaceutical companies to invest in biologics, thereby driving demand for albumin. As the market evolves, the emphasis on safety and efficacy in biologics will likely enhance the role of albumin in formulations. Consequently, the Global Albumin Market (as Excipient) Market Industry is poised for growth as regulatory frameworks adapt to support the burgeoning biologics sector.

Rising Demand for Biopharmaceuticals

The Global Albumin Market (as Excipient) Market Industry experiences a notable surge in demand due to the increasing prevalence of biopharmaceuticals. As biopharmaceuticals often require stabilizers and carriers, albumin serves as a critical excipient in formulations. The market is projected to reach 1.01 USD Billion in 2024, driven by the growing number of therapeutic proteins and monoclonal antibodies. This trend indicates a robust need for effective excipients, with albumin playing a pivotal role in enhancing drug stability and efficacy. Consequently, the Global Albumin Market (as Excipient) Market Industry is positioned for substantial growth as biopharmaceutical innovations continue to expand.

Growing Awareness of Personalized Medicine

The Global Albumin Market (as Excipient) Market Industry is influenced by the growing awareness of personalized medicine. As healthcare shifts towards tailored therapies, the demand for excipients that enhance drug delivery and efficacy becomes paramount. Albumin Market, known for its biocompatibility and ability to improve drug solubility, is increasingly recognized as a vital component in personalized medicine formulations. This trend is likely to drive the market forward, as pharmaceutical companies seek to develop innovative therapies that cater to individual patient needs. The emphasis on personalized medicine is expected to create new opportunities within the Global Albumin Market (as Excipient) Market Industry.

Technological Advancements in Drug Formulation

Technological advancements in drug formulation significantly influence the Global Albumin Market (as Excipient) Market Industry. Innovations in formulation techniques, such as microencapsulation and nanotechnology, enhance the functionality of albumin as an excipient. These advancements improve the solubility and bioavailability of drugs, making albumin an attractive choice for pharmaceutical companies. As a result, the market is expected to grow at a CAGR of 5.91% from 2025 to 2035, reflecting the increasing adoption of sophisticated formulation technologies. This growth trajectory underscores the importance of albumin in modern drug development, positioning the Global Albumin Market (as Excipient) Market Industry as a key player in the evolving pharmaceutical landscape.

Increasing Investment in Research and Development

The Global Albumin Market (as Excipient) Market Industry benefits from increasing investments in research and development across the pharmaceutical sector. Companies are allocating substantial resources to explore novel applications of albumin in drug delivery systems and formulations. This trend is evident as the market is projected to expand to 1.9 USD Billion by 2035, driven by innovative research initiatives. The focus on developing targeted therapies and personalized medicine further propels the demand for effective excipients like albumin. As R&D efforts intensify, the Global Albumin Market (as Excipient) Market Industry is likely to witness significant advancements and opportunities for growth.

Market Segment Insights

By Application: Therapeutics (Largest) vs. Diagnostics (Fastest-Growing)

The Albumin Market showcases a diverse application landscape, with therapeutics leading the charge as the largest segment. Its broad usage in treating various health conditions makes it a pivotal component of the healthcare sector. Diagnostics follows closely, leveraging the advantages of albumin in laboratory settings to improve diagnostic accuracy and reliability. Research and nutritional supplements round out the spectrum, each holding a significant but smaller share of the overall market distribution. Over recent years, the growth trends reveal that while therapeutics maintain their dominant position, diagnostics are projected to be the fastest-growing segment. This shift is largely driven by advancements in diagnostic technologies and an increase in global health awareness. Research applications continue to expand as new therapeutic uses for albumin are discovered, further propelling demand across sectors, while the rise of nutritional supplements highlights changing consumer health preferences.

Therapeutics (Dominant) vs. Research (Emerging)

In the Albumin Market, therapeutics stands out as the dominant category, characterized by its extensive application in medical treatments. Albumin plays a critical role in numerous therapeutic interventions such as fluid resuscitation, albumin dialysis, and managing liver-related conditions. This enduring demand is bolstered by ongoing research into new applications. On the other hand, research is emerging as a significant segment, reflecting increasing investments in scientific studies and clinical trials. This sector benefits from the concerted efforts of biopharmaceutical companies aiming to innovate. Both segments are vital to the overall market health, with therapeutics offering stability and growth potential, while research paves the way for future advancements and increased applications of albumin.

By End Use: Pharmaceuticals (Largest) vs. Biotechnology (Fastest-Growing)

In the Albumin Market, the end-use segment is primarily dominated by Pharmaceuticals, which accounts for the largest share due to the extensive utilization of albumin in drug formulation and therapeutic applications. This significant presence is driven by various factors, including the rising prevalence of chronic diseases and the need for effective treatment options. Following closely is the Biotechnology segment, which utilizes albumin in the development of biopharmaceuticals, contributing to an increasing market presence.

Pharmaceuticals (Dominant) vs. Biotechnology (Emerging)

Pharmaceuticals remain the dominant end-use segment in the Albumin Market, characterized by a high demand stemming from its critical applications in drug formulation and patient treatment protocols. The segment benefits from robust research activities aimed at developing novel therapeutics that require high-purity albumin. Conversely, the Biotechnology segment is emerging as a fast-growing area, spurred by innovations in biologics and an increasing number of biopharmaceutical products in the pipeline. The intersection of biotechnology with personalized medicine further enhances the demand for albumin, making it essential for both therapeutic innovations and manufacturing processes.

By Source: Human Plasma (Largest) vs. Recombinant (Fastest-Growing)

In the Albumin Market, the distribution among source segments reveals that Human Plasma holds the largest share, driven by its clinical applications and natural compatibility with the human body. Recombinant albumin, however, has gained traction as an alternative due to advancements in biotechnology, appealing due to safety and ethical concerns associated with blood-derived products. Animal Plasma, while part of the landscape, trails in market share owing to regulatory scrutiny and potential contamination risks.

Source: Human Plasma (Dominant) vs. Recombinant (Emerging)

Human Plasma is considered the dominant source in the Albumin Market, recognized for its long-established use in therapeutic practices, particularly in hospitals and clinical settings. Its high efficacy and patient compatibility underpin its prevalent selection. On the other hand, Recombinant albumin represents an emerging segment, rapidly gaining ground as it addresses the challenges associated with Human Plasma, such as supply shortages and ethical sourcing issues. This segment is characterized by its production through engineered cell lines, leading to a controlled and safe albumin source, which is expected to cater to growing demand in research and therapeutic applications.

By Formulation: Liquid (Largest) vs. Powder (Fastest-Growing)

In the Albumin Market, the formulation segment is divided into three key types: Liquid, Lyophilized, and Powder. Among these, the Liquid formulation holds the largest market share due to its widespread usage in therapeutic applications and ease of administration. The Liquid form of albumin is preferred in clinical settings, driving significant demand and positioning it as the cornerstone of the formulation segment. Meanwhile, the Powder formulation, while smaller in share, is gaining traction due to its longer shelf life and convenience for transport, making it an attractive option for emerging markets.

Lyophilized (Dominant) vs. Powder (Emerging)

Lyophilized albumin is recognized as a dominant player in the formulation segment, particularly valued for its stability and extended shelf life. This formulation allows for easier storage and handling, thus appealing to healthcare providers and pharmaceutical companies. On the other hand, the Powder formulation is emerging as a viable alternative, appealing particularly in regions with logistical challenges where transportation of liquid products may pose issues. The advantages of Powder include flexibility in dosages and the potential for reconstitution as needed, making it increasingly favorable in various clinical applications.

By Purity Level: High Purity (Largest) vs. Low Purity (Fastest-Growing)

The albumin market is primarily segmented into three purity levels: low, medium, and high purity. Among these, high purity albumin holds the largest market share due to its extensive use in various medical and pharmaceutical applications. This segment is favored for its superior quality and efficacy in therapeutic and diagnostic applications. Low purity albumin, while historically less popular, is witnessing significant interest and adoption in certain emerging markets, carving out its niche in cost-sensitive applications. Growth trends in the albumin market reveal a dynamic shift towards high purity albumin as health care systems increasingly focus on precise therapeutic solutions. However, low purity albumin is growing at the fastest rate, driven by rising demand in biotechnology and research sectors that prioritize affordability. The market is propelled by continuous innovations in production techniques and the expanding scope of albumin applications across industries, leading to a more diverse consumer base for both low and high purity segments.

High Purity (Dominant) vs. Low Purity (Emerging)

High purity albumin enjoys a dominant position in the market, primarily driven by its critical applications in clinical settings, including blood volume expanders and drug formulation processes. It is characterized by its stringent quality control measures, ensuring that it meets high standards of safety and efficacy. On the other hand, low purity albumin represents an emerging value with a growing share, appealing to cost-sensitive sectors while catering to specific applications in research and diagnostics. Its production is less complex, making it an attractive option for laboratories and emerging markets looking to optimize their expenditure while still accessing essential albumin products. As the landscape of the albumin market evolves, both segments will play pivotal roles in addressing diverse market needs.

Get more detailed insights about Albumin Market

Regional Insights

North America : Market Leader in Albumin

North America continues to lead The Albumin, holding a significant share of 503.12M in 2025. The region's growth is driven by increasing demand for therapeutic proteins, advancements in biotechnology, and supportive regulatory frameworks. The FDA's stringent guidelines ensure high-quality production, fostering consumer trust and market expansion. Additionally, the rising prevalence of chronic diseases necessitates the use of Albumin in treatment protocols, further propelling market growth. The competitive landscape in North America is robust, featuring key players such as Baxter International and Grifols, which dominate the market with innovative products and extensive distribution networks. The U.S. remains the largest contributor, supported by a well-established healthcare infrastructure and significant investments in research and development. This environment encourages continuous innovation, ensuring that North America retains its leadership position in the Albumin market.

Europe : Emerging Market Dynamics

Europe's Albumin market is projected to reach 290.0M by 2025, driven by increasing healthcare expenditure and a growing aging population. The region benefits from a strong regulatory environment, with the European Medicines Agency (EMA) ensuring compliance and safety in Albumin production. The rising incidence of liver diseases and trauma cases is also contributing to the demand for Albumin, as it plays a crucial role in patient recovery and treatment efficacy. Leading countries in Europe include Germany, France, and the UK, where major players like Octapharma and CSL Behring are actively expanding their market presence. The competitive landscape is characterized by strategic partnerships and collaborations aimed at enhancing product offerings. The focus on research and development is evident, with companies investing in innovative Albumin formulations to meet diverse therapeutic needs.

Asia-Pacific : Rapidly Growing Market

The Asia-Pacific Albumin market is anticipated to grow to 150.0M by 2025, fueled by rising healthcare awareness and increasing investments in biotechnology. The region is witnessing a surge in demand for Albumin due to the growing prevalence of liver diseases and the need for effective treatment options. Additionally, supportive government initiatives aimed at enhancing healthcare infrastructure are expected to further drive market growth, making it a key area for investment and development. Countries like China and India are leading the charge in the Asia-Pacific region, with significant contributions from local manufacturers and global players. Companies such as Hualan Biological Engineering are expanding their operations to meet the rising demand. The competitive landscape is evolving, with a focus on innovation and affordability, ensuring that Albumin products are accessible to a broader population.

Middle East and Africa : Emerging Opportunities

The Middle East and Africa (MEA) Albumin market is projected to reach 63.12M by 2025, driven by increasing healthcare investments and a growing awareness of therapeutic proteins. The region is experiencing a rise in chronic diseases, which is boosting the demand for Albumin in clinical settings. Additionally, government initiatives aimed at improving healthcare access and quality are expected to catalyze market growth, creating new opportunities for stakeholders in the Albumin sector. Key countries in the MEA region include South Africa and the UAE, where local and international players are establishing a presence. The competitive landscape is characterized by collaborations and partnerships aimed at enhancing product availability. Companies are focusing on developing cost-effective Albumin solutions to cater to the diverse needs of the population, ensuring that the market continues to expand.

Albumin Market Regional Image

Key Players and Competitive Insights

The Albumin Market is characterized by a dynamic competitive landscape, driven by increasing demand for therapeutic applications and advancements in production technologies. Key players such as Grifols (ES), Baxter International (US), and Octapharma (CH) are at the forefront, each adopting distinct strategies to enhance their market presence. Grifols (ES) focuses on innovation through research and development, particularly in expanding its product portfolio to include specialized albumin formulations. Baxter International (US) emphasizes operational efficiency and supply chain optimization, ensuring timely delivery of high-quality products. Meanwhile, Octapharma (CH) is actively pursuing strategic partnerships to bolster its global reach, indicating a trend towards collaborative growth in the sector.
The Albumin Market exhibits a moderately fragmented structure, with several players vying for market share. Key business tactics include localizing manufacturing to reduce costs and enhance responsiveness to regional demands. This approach not only streamlines operations but also mitigates supply chain disruptions, which have become increasingly critical in recent years. The collective influence of these major companies shapes a competitive environment where innovation and operational excellence are paramount.
In November 2025, Grifols (ES) announced a significant investment in a new production facility in Germany, aimed at increasing its albumin output by 30%. This strategic move is expected to enhance Grifols' capacity to meet the growing demand for albumin therapies in Europe, reinforcing its position as a market leader. The investment underscores the company's commitment to innovation and operational scalability, which are essential in maintaining competitive advantage.
In October 2025, Baxter International (US) launched a new digital platform designed to optimize its supply chain management for albumin products. This initiative is likely to improve inventory accuracy and reduce lead times, thereby enhancing customer satisfaction. By integrating advanced analytics and AI into its operations, Baxter is positioning itself to respond more effectively to market fluctuations and customer needs, which could be a game-changer in the competitive landscape.
In September 2025, Octapharma (CH) entered into a strategic alliance with a biotechnology firm to co-develop a novel albumin-based therapy for liver diseases. This collaboration not only expands Octapharma's research capabilities but also aligns with the growing trend of personalized medicine. Such partnerships are indicative of a broader shift towards innovation-driven strategies, which are becoming increasingly vital in the Albumin Market.
As of December 2025, current trends in the Albumin Market reflect a strong emphasis on digitalization, sustainability, and the integration of AI technologies. Strategic alliances are playing a crucial role in shaping the competitive landscape, enabling companies to leverage shared expertise and resources. Looking ahead, it appears that competitive differentiation will increasingly hinge on innovation and technological advancements rather than solely on price. The focus is shifting towards creating reliable supply chains and developing cutting-edge products that meet evolving healthcare needs.

Key Companies in the Albumin Market include

Industry Developments

Recent news developments in the Albumin Market (as Excipient) Market indicate significant growth and strategic movements among key players. Companies such as Grifols and CSL Behring have reported an increase in market valuation, driven by rising demand for albumin in therapeutic applications over the past few years, particularly through 2022 and 2023. Notably, in March 2023, Hualan Biological Engineering announced its collaboration with Asian Biologics to enhance production capabilities in Asia, focusing on increasing the availability of high-quality albumin products.

In terms of mergers and acquisitions, Baxter completed its acquisition of a minority stake in Ventria Bioscience in April 2023, signaling a strategic partnership to leverage innovative technologies in biologics.

The market has also witnessed an expansion of product lines, with Bio Products Laboratory launching a new albumin formulation in November 2022 to cater to a broader range of therapeutic uses. Overall growth in this segment reflects an increasing focus on Research and Development and regulatory support for biopharmaceuticals, fostering advancements in formulation and application of albumin as an excipient across global markets.

Future Outlook

Albumin Market Future Outlook

The Albumin Market is projected to grow at a 5.92% CAGR from 2025 to 2035, driven by increasing demand in therapeutics, diagnostics, and nutritional applications.

New opportunities lie in:

  • Expansion of albumin-based therapeutics for rare diseases.
  • Development of innovative albumin formulations for enhanced stability.
  • Strategic partnerships with biopharmaceutical companies for co-development initiatives.

By 2035, the Albumin Market is expected to achieve robust growth, solidifying its position as a critical component in healthcare.

Market Segmentation

Albumin Market Source Outlook

  • Human Plasma
  • Recombinant
  • Animal Plasma

Albumin Market End Use Outlook

  • Pharmaceuticals
  • Biotechnology
  • Healthcare
  • Food and Beverage

Albumin Market Application Outlook

  • Therapeutics
  • Diagnostics
  • Research
  • Nutritional Supplements

Albumin Market Formulation Outlook

  • Liquid
  • Lyophilized
  • Powder

Albumin Market Purity Level Outlook

  • Low Purity
  • Medium Purity
  • High Purity

Report Scope

MARKET SIZE 2024 1006.24(USD Million)
MARKET SIZE 2025 1065.81(USD Million)
MARKET SIZE 2035 1894.4(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.92% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Grifols (ES), Baxter International (US), Octapharma (CH), CSL Behring (AU), Shire (IE), Kedrion (IT), LFB (FR), Biotest (DE), Hualan Biological Engineering (CN)
Segments Covered Application, End Use, Source, Formulation, Purity Level
Key Market Opportunities Advancements in biopharmaceuticals drive demand for innovative Albumin Market applications and therapeutic solutions.
Key Market Dynamics Rising demand for therapeutic applications drives innovation and competition in the Albumin Market.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Rahul Gotadki
Assistant Manager

He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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FAQs

What is the projected growth of the Albumin market?

The Albumin market is the expected increase in total market value of 1.89 USD billion over a defined forecast period 2025–2035. It is driven by factors such as demand trends, technological advances, regulatory changes, and geographic expansion.

What is the size of the Albumin market?

Albumin market size was valued at approximately 1.01 billion USD in 2024. This figure will reach 1.89 billion USD covering all regions (America, Europe, Asia, MEA and ROW), focusing its segments / services / distribution channels till 2035.

What is the CAGR of the Albumin market?

Albumin market is expected to grow at a CAGR of 5.92% between 2025 and 2035.

How much will the Albumin market be worth by 2035?

Albumin market is expected to be worth of 1.89 billion USD, reflecting growth driven by usage, technology and global demands by the end of 2035.

How will the Albumin market perform over the next 10 years?

Over the next 10 years the Albumin market is expected to shift from usd billion 1.01 to 1.89 billion USD, led by adoption of advanced tech, demographic trends, regulatory approvals, with potential headwinds from 2025 to 2035.

Which region holds the largest market share in the Albumin (as Excipient) Market in 2024?

North America holds the largest market share, valued at 0.36 billion USD in 2024.

What is the projected market value of the Asia Pacific region by 2035?

The Asia Pacific region is expected to be valued at 0.38 billion USD by 2035.

What are the projected values of the Pharmaceuticals segment in 2024 and 2035?

The Pharmaceuticals segment is valued at 0.45 billion USD in 2024 and is expected to reach 0.83 billion USD by 2035.

Who are the key players in the Albumin (as Excipient) Market?

Key players include LFB, Proliant Biologicals, Octapharma, Grifols, and Baxter.

What is the expected market value for the Diagnostics segment in 2035?

The Diagnostics segment is projected to reach 0.28 billion USD by 2035.

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