According to FutureWise analysis, the glycomics or glycobiology market in 2025 is US$2.82 billion, and is expected to reach US$6.94 billion by 2033 at a CAGR of 11.92%.
The glycomics or glycobiology market is experiencing significant growth, largely due to the increasing awareness of the essential role glycans play in disease pathology, drug development, and personalized medicine. Pharmaceutical and biotechnology firms are making substantial investments in glycan-based therapeutics, including monoclonal antibodies and biologic drugs, as the glycosylation patterns found in these therapies can significantly influence their efficacy and safety profiles.Advanced analytical technologies, such as mass spectrometry, chromatography, and glycan microarrays, are facilitating more accurate characterization of complex carbohydrate structures in both research and clinical environments. Additionally, the growing use of glycomics in areas such as cancer biomarker discovery, vaccine development, and research into infectious diseases is creating new opportunities for market expansion and scientific advancement. The rising research and development activities pertaining to glycomics, increased investments by biotech and pharma companies, and rising demand for proteomics are some of the key factors driving the glycomics or glycobiology market growth.
Furthermore, the glycoscience sector is growing rapidly, and glycans are crucial in biological research and processes for thoroughly understanding biology. As per the Biotech Briefing in 2018, the average expenditure for research and development of biotechnology companies has risen by over 15% from 2016 to 2017. Furthermore, government bodies are increasingly involved in undertaking initiatives to conduct extensive research in glycomics. For instance, the Australian government has invested over USD 10 billion for research innovations and activities during the period 2017-2018. Furthermore, the Irish government declared an expenditure of over USD 5 billion in 2015 for increasing research activities across the country. Such initiatives shall boost the growth of the market.