Towards Healthcare
Albumin Pharma Market to Lead USD 11.72 Bn by 2034

Albumin Pharma Market Forecast with Therapeutics Dominance

According to market projections, the global albumin pharma market, valued at USD 6.77 billion in 2024, is anticipated to reach USD 11.72 billion by 2034, growing at a CAGR of 5.65% over the next decade. The rising prevalence of chronic diseases such as liver cirrhosis, kidney disorders, and cardiovascular conditions increases demand for albumin-based therapies. North America led the global market owing to the growing prevalence of chronic diseases in the region.

Category: Pharmaceuticals Insight Code: 6188 Format: PDF / PPT / Excel

The global albumin pharma market size marked US$ 6.77 billion in 2024 and is forecast to experience consistent growth, reaching US$ 7.15 billion in 2025 and US$ 11.72 billion by 2034 at a CAGR of 5.65%.

Albumin Pharma Market Size 2024 to 2034

The albumin pharma market is experiencing steady growth, driven by increasing prevalence of chronic diseases, critical care requirements, and rising demand for plasma-derived and recombinant albumin therapies. Albumin is widely used to manage hypoalbuminemia, liver and kidney disorders, burns, and fluid replacement during surgeries. North America dominates the market due to advanced healthcare infrastructure, high healthcare spending, strong biopharmaceutical presence, and widespread adoption of albumin therapies by healthcare professionals. Ongoing research, technological advancements, and supportive regulatory frameworks further reinforce market expansion globally.

Key Takeaways

  • Albumin pharma sector pushed the market to USD 6.77 billion by 2024.
  • Long-term projections show USD 11.72 billion valuation by 2034.
  • Growth is expected at a steady CAGR of 5.65% in between 2025 to 2034.
  • North America held a major revenue share of approximately 38% in the albumin pharma market in 2024.
  • Asia-Pacific is expected to witness the fastest growth during the predicted timeframe.
  • By product type, the human serum albumin segment registered its dominance over the global market with a share of approximately 58% in 2024.
  • By product type, the recombinant albumin segment is expected to grow with the highest CAGR in the market during the studied years.
  • By application, the therapeutics segment held the largest revenue share of approximately 52% in the market in 2024.
  • By application, the drug delivery & biologics segment is expected to show the fastest growth over the forecast period.
  • By source, the plasma-derived segment held a dominant presence in the Albumin Pharma market with a share of approximately 72% in 2024.
  • By source, the recombinant/engineered albumin segment is expected to witness the fastest growth in the market over the forecast period.
  • By end user, the hospitals & clinics segment contributed the biggest revenue share of approximately 45% in the market in 2024.
  • By end user, the vaccine & biologics manufacturers segment is expected to grow at the fastest CAGR in the market during the forecast period.

Executive Summary Table

Table Scope
Market Size in 2025 USD 7.15 Billion
Projected Market Size in 2034 USD 11.72 Billion
CAGR (2025 - 2034) 5.65%
Leading Region North America by 38%
Market Segmentation By Product Type, By Application, By Source, By End User, By Region
Top Key Players CSL Behring, Takeda Pharmaceutical Company Limited, Grifols S.A., Octapharma AG, Kedrion Biopharma, Shire (part of Takeda), Thermo Fisher Scientific (recombinant albumin for biopharma use), Albumedix Ltd. (Novozymes), Baxter International Inc., Bio Products Laboratory (BPL), Sanquin Plasma Products, Hualan Biological Engineering Inc., Sichuan Yuanda Shuyang Pharmaceutical Co., Ltd., Wuhan Institute of Biological Products Co., Ltd., Shanghai RAAS Blood Products Co., Ltd., InVitria (recombinant albumin specialist), Green Cross Corporation (GC Pharma), China Biologic Products Holdings, Inc., Reliance Life Sciences (India), Apotex Pharmachem Inc.

Market Overview

Albumin pharma refers to the pharmaceutical applications of albumin, a naturally occurring plasma protein essential for maintaining blood volume, oncotic pressure, and transporting hormones, drugs, and metabolites. In medicine, albumin is primarily used in its purified or recombinant form to treat conditions such as hypoalbuminemia, liver cirrhosis, kidney disorders, burns, shock, and during surgeries requiring fluid replacement. Its therapeutic benefits include stabilizing hemodynamics, improving patient outcomes, and enhancing drug delivery by binding and transporting medications. Albumin pharma encompasses both plasma-derived products and biotechnologically produced recombinant albumin, reflecting its critical role in critical care, clinical therapies, and advanced drug formulation.

Expansion in Emerging Markets

Expansion in emerging markets significantly drives the growth of the albumin pharmaceutical market by increasing access to life-saving treatments, boosting production capabilities, and fostering innovation. Countries like India, China, Brazil, and Mexico are experiencing a rise in chronic diseases such as liver cirrhosis, kidney disorders, and cardiovascular conditions, leading to higher demand for albumin-based therapies. Additionally, these regions are investing in healthcare infrastructure and plasma fractionation facilities, improving the availability of albumin products.

For instance,

  • In 2025, India aimed to diversify its pharmaceutical export markets by boosting trade with Russia, Brazil, and the Netherlands amid rising concerns over potential U.S. tariffs. This strategic move highlights the growing importance of emerging markets in the global pharmaceutical landscape.

Adoption of Inorganic Growth Strategies

Rising adoption of inorganic growth strategies has significantly expanded the marketed as well as helped in the innovation of new solutions.

How Can AI Improve the Albumin Pharma Market?

AI integration can significantly enhance the market by enabling more precise, personalized, and efficient patient care. Advanced AI algorithms analyze patient data to predict albumin deficiencies, optimize dosing, and monitor treatment responses in real time, reducing risks of over- or under-dosing. AI also supports drug discovery and development by identifying novel albumin formulations and improving production efficiency in recombinant albumin manufacturing. Furthermore, machine learning aids in supply chain management, ensuring the timely distribution of albumin products. By improving clinical outcomes, operational efficiency, and R&D productivity, AI integration strengthens the market’s growth potential and accelerates the adoption of albumin-based therapies globally.

Market Dynamics

Driver

Advancements in Biopharmaceutical Technologies

Advancements in biopharmaceutical technologies are significantly driving the growth of the albumin pharma market by enhancing production efficiency, safety, and therapeutic applications. The development of recombinant human serum albumin (rHSA) using microbial expression systems, such as Pichia pastoris, has improved batch-to-batch consistency and reduced the risk of pathogen transmission, addressing concerns associated with plasma-derived products. Innovations in purification techniques and formulation enhancements have led to extended shelf life and minimized adverse effects, making albumin therapies more accessible and effective. In 2025, there was a notable increase in the adoption of rHSA in cell culture media and critical care applications, highlighting its expanding role in biopharmaceutical and clinical therapies. These technological advancements are pivotal in meeting the rising global demand for albumin-based treatments.

Restraint

Limited plasma supply & Risk of adverse reactions

The key players operating in the market are facing issues due to the risk of adverse reactions and limited plasma supply. Dependence on human plasma for conventional albumin production can create shortages and supply chain constraints. Plasma-derived albumin carries potential risks of infections, immunogenicity, or allergic reactions, discouraging use in some cases.

Opportunity

Regulatory Support and Government Initiatives

Regulatory support and government initiatives play a crucial role in driving the growth of the albumin pharmaceutical market by fostering innovation, ensuring supply chain resilience, and encouraging domestic production. Such regulatory support and government initiatives are pivotal in enhancing the accessibility and affordability of albumin-based therapies, thereby driving albumin pharma market growth.

In August 2025, the U.S. government issued an executive order to remove regulatory barriers and facilitate the restoration of a robust domestic manufacturing base for prescription drugs, including key ingredients necessary to manufacture prescription drugs. This initiative aims to strengthen the pharmaceutical supply chain and reduce dependence on foreign sources.

Segmental Insights

Which Product Type Segment Dominated the Albumin Pharma Market?

The human serum albumin segment dominates the market due to its widespread clinical applications, including the management of hypoalbuminemia, liver and kidney disorders, burns, shock, and fluid replacement during surgeries. Its proven safety, efficacy, and established use in critical care make it the preferred choice for healthcare providers. Additionally, ready availability of plasma-derived HSA, strong regulatory approvals, and extensive adoption in hospitals and specialty care centers reinforce its dominance, while ongoing research and technological improvements continue to enhance its therapeutic value.

The recombinant albumin segment is estimated to be the fastest-growing in the albumin pharma market due to its improved safety profile, consistent quality, and reduced risk of pathogen transmission compared to plasma-derived products. Technological advancements in microbial and cell-culture expression systems have enabled large-scale, cost-effective production. Its versatile applications in drug delivery, cell culture media, and critical care therapies further drive adoption. Additionally, increasing demand for pathogen-free, high-purity albumin in emerging markets and ongoing research into novel therapeutic uses contribute to the rapid growth of the recombinant albumin segment.

Why Did the Therapeutics Segment Dominate the Albumin Pharma Market?

The therapeutics segment is the dominant application segment in the market due to its extensive use in critical care and chronic disease management. Albumin is widely employed to treat hypoalbuminemia, liver and kidney disorders, burns, shock, and during surgical procedures for fluid replacement. Its proven safety, efficacy, and ability to stabilize hemodynamics make it a preferred choice among healthcare professionals. Additionally, strong adoption in hospitals, advanced healthcare infrastructure, and continuous research into novel therapeutic applications reinforce the therapeutic segment’s leading position in the market.

The drug delivery & biologics segment is the fastest-growing application in the albumin pharma market due to albumin’s unique ability to improve the stability, solubility, and half-life of therapeutic molecules. Its natural binding properties make it ideal for targeted drug delivery and development of biologics, including protein and peptide therapeutics. Advances in recombinant albumin and albumin-based nanoparticle technologies further enhance efficacy and safety. Growing demand for precision medicine, novel biologics, and improved drug delivery systems accelerates adoption, positioning this segment as the fastest-growing in the market.

How the Plasma-Derived Segment Dominated the Albumin Pharma Market?

The plasma-derived segment dominates the market due to its long-standing clinical use, proven efficacy, and safety in treating critical conditions such as hypoalbuminemia, burns, liver and kidney disorders, and shock. Plasma-derived albumin is widely available through established collection and fractionation processes, ensuring a consistent supply for hospitals and healthcare facilities. Strong regulatory approvals, extensive adoption in critical care settings, and trust among healthcare professionals reinforce its dominant position. Additionally, continuous improvements in plasma collection and purification methods enhance product quality and reliability.

The recombinant/engineered albumin segment is the fastest-growing in the albumin pharma market due to its enhanced safety, purity, and consistency compared to plasma-derived products. Advanced biotechnological methods, including microbial and mammalian cell expression systems, enable large-scale, pathogen-free production. Recombinant albumin is increasingly used in drug delivery, biologics, and cell culture applications, supporting targeted therapies and improved patient outcomes. Rising demand for high-purity, pathogen-free albumin in critical care and research, coupled with ongoing innovation in therapeutic applications, drives rapid adoption and positions this segment as the fastest-growing in the market.

What Made Hospitals & Clinics the Dominant Segment in the Albumin Pharma Market?

The hospitals & clinics segment dominates the market due to the widespread use of albumin therapies in critical care, surgical procedures, and chronic disease management. Hospitals provide immediate access to treatments for hypoalbuminemia, liver and kidney disorders, burns, and shock, ensuring timely administration of albumin. Strong adoption by healthcare professionals, advanced critical care infrastructure, and established supply chains reinforce its leading position. Additionally, continuous training, clinical guidelines, and trust in albumin’s efficacy support its dominance in hospitals and clinic settings.

The vaccine & biologics manufacturers segment is the fastest-growing in the albumin pharma market due to the increasing use of albumin in drug formulation, stabilization, and delivery of biologics, including vaccines, protein therapeutics, and cell-based therapies. Recombinant albumin and albumin-based excipients enhance the stability, solubility, and half-life of sensitive biologics, making them critical in R&D and production processes. Rising demand for advanced biologics, personalized medicine, and innovative vaccine platforms drives adoption, while technological advancements in albumin engineering further accelerate growth in this segment.

Regional Analysis

Albumin Pharma Market Share, By Region, 2024 (%)

Which Factors Contribute to North America’s Dominance in the Albumin Pharma Market?

North America dominates the market share 38% due to its advanced healthcare infrastructure, high prevalence of chronic and critical diseases, and strong adoption of albumin therapies in hospitals and clinics. The region benefits from well-established biopharmaceutical companies producing both plasma-derived and recombinant albumin, ensuring a consistent supply and quality. Supportive regulatory frameworks, extensive research and development, and high healthcare spending further enhance accessibility and innovation. Additionally, growing clinical awareness and the presence of skilled healthcare professionals reinforce North America’s leading position in the global albumin pharma market.

U.S. Market Trends

The U.S. albumin pharma market is driven by the high prevalence of chronic and critical conditions such as liver cirrhosis, kidney disorders, cardiovascular diseases, and hypoalbuminemia. Advanced healthcare infrastructure, widespread hospital networks, and critical care facilities ensure easy access to albumin therapies. Strong presence of leading biopharmaceutical companies producing plasma-derived and recombinant albumin supports consistent supply and innovation. Regulatory support from the FDA, combined with ongoing clinical research and technological advancements in drug delivery and biologics, further fuels market growth. Additionally, increasing awareness among healthcare professionals promotes the timely adoption of albumin-based treatments in both critical care and therapeutic applications.

Canada Market Trends

Canada’s albumin pharma market growth is supported by robust healthcare infrastructure and government initiatives promoting safe plasma collection and biopharmaceutical development. Hospitals and clinics play a central role in administering albumin therapies for burns, shock, hypoalbuminemia, and organ disorders. Rising demand for recombinant albumin in drug delivery and biologics is boosting innovation, while regulatory oversight by Health Canada ensures safety and quality. Additionally, investments in research, public awareness programs, and growing adoption of advanced therapeutics contribute to expanding the market. Strategic partnerships between local and international manufacturers further strengthen accessibility and availability of albumin products across the country.

Growing Awareness in the Asia Pacific Region to Promote the Fastest Growth

The Asia-Pacific region is the fastest-growing in the albumin pharma market due to rising prevalence of chronic and critical diseases, expanding healthcare infrastructure, and increasing access to advanced therapies. Growing awareness among healthcare professionals, government initiatives supporting plasma collection and biopharmaceutical development, and investments in recombinant albumin production drive adoption. Rapid urbanization, rising disposable incomes, and a growing geriatric population further boost demand. Additionally, the region’s increasing participation in global clinical research and technological advancements accelerates the use of albumin-based therapies across hospitals and specialty care centers.

Value Chain Analysis for The Albumin Pharma Market

Research & Development (R&D)

  • Target Identification & Discovery – Identifying clinical needs and albumin’s therapeutic potential.
  • Preclinical Research – Studying pharmacodynamics, pharmacokinetics, and safety in vitro and in animal models.
  • Formulation Development – Designing plasma-derived or recombinant albumin products, including drug delivery systems.

Key Organizations: Grifols, S.A., CSL Behring, Baxter International, Novozymes Biopharma, etc.

Clinical Trial & Approval Steps

  • Phase I Trials – Safety assessment in healthy volunteers.
  • Phase II Trials – Efficacy and dose optimization in patients.
  • Phase III Trials – Large-scale validation of safety and effectiveness.
  • Regulatory Approval – Submission to authorities for market authorization.

Key Regulatory & Clinical Organizations: U.S. Food and Drug Administration (FDA), European Medicines Agency (EMA), Health Canada, Clinical Research Organizations (CROs) such as IQVIA and Parexel

Patient Support & Services

  • Distribution to Hospitals & Clinics – Ensuring timely supply of albumin products.
  • Clinical Education & Training – Educating healthcare professionals on proper use.
  • Patient Assistance Programs – Financial support, dosage guidance, and follow-up care.

Key Organizations & Programs: Grifols Patient Assistance Programs, CSL Behring Patient Support Services, Baxter Healthcare Patient Support Programs

Top Companies in the Albumin Pharma Market

Albumin Pharma Market Companies

  • CSL Behring
  • Takeda Pharmaceutical Company Limited
  • Grifols S.A.
  • Octapharma AG
  • Kedrion Biopharma
  • Shire (part of Takeda)
  • Thermo Fisher Scientific (recombinant albumin for biopharma use)
  • Albumedix Ltd. (Novozymes)
  • Baxter International Inc.
  • Bio Products Laboratory (BPL)
  • Sanquin Plasma Products
  • Hualan Biological Engineering Inc.
  • Sichuan Yuanda Shuyang Pharmaceutical Co., Ltd.
  • Wuhan Institute of Biological Products Co., Ltd.
  • Shanghai RAAS Blood Products Co., Ltd.
  • InVitria (recombinant albumin specialist)
  • Green Cross Corporation (GC Pharma)
  • China Biologic Products Holdings, Inc.
  • Reliance Life Sciences (India)
  • Apotex Pharmachem Inc.

Latest Announcement by Industry Leaders

In June 2025, Leonard Mazur, Chairman and CEO of Citius Oncology and Citius Pharma, stated that a subsidiary of Citius Pharmaceuticals, Inc. ("Citius Pharma") declared that the FDA-approved immunotherapy LYMPHIR, which treats adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL), is almost ready for commercialization. Since all significant launch-enabling activities are currently in progress, the company believes it is now operationally ready to move from a development-stage enterprise to a fully integrated commercial organization. The last preparations are underway for LYMPHIR's second-half 2025 U.S. launch.

Recent Developments in the Albumin Pharma Market

  • In May 2025, Shilpa Medicare Limited declared that its 100% subsidiary, Shilpa Biocare Private Limited, has out-licensed its flagship product, Recombinant Human Albumin, for commercialization throughout the European market as part of a strategic alliance with Orion Corporation (Orion), a well-known pharmaceutical company with facilities in Finland.
  • In April 2025, InVitria introduced Optibumin 25, a 25% recombinant human serum albumin solution. This product is designed for use in closed-system biomanufacturing processes, offering an animal-origin-free, GMP-compliant alternative to plasma-derived albumin. Its development addresses the growing demand for safe, consistent, and scalable albumin sources in the production of biologics and vaccines.

Segments Covered in the Report

By Product Type

  • Human Serum Albumin
  • Recombinant Albumin
  • Albumin-based Drug Conjugates & Nanoparticles

By Application

  • Therapeutics
  • Drug Formulation & Stabilization
  • Drug Delivery & Biologics
  • Diagnostics & Research Use

By Source

  • Plasma-Derived
  • Recombinant/Engineered Albumin

By End User

  • Hospitals & Clinics
  • Pharmaceutical & Biotech Companies
  • Research Institutions & CROs
  • Vaccine & Biologics Manufacturers

By Region 

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

Tags

  • Last Updated: 19 September 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The albumin pharma market is worth USD 7.15 billion in 2025, and by 2034, it is forecasted to hit USD 11.72 billion, registering a CAGR of 5.65% over the decade.

North America is leading the albumin pharma market share 38% due to the growing demand for personalized medicines, increasing investments, rising prevalence of chronic diseases, and the presence of key players.

The albumin pharma market includes five segments including by product type, by application, by source, by end user, and by region.

Key trends include the expansion in emerging markets and the adoption of inorganic growth strategies.

Indian Pharmaceutical Association, Personalized Medicine Coalition, IFPMA - Innovating to improve health worldwide, Indian Pharma Machinery Manufacturers Association: IPMMA, Government of Canada, Indian Drug Manufacturers Association: IDMA, Food and Drug Administration, IPA - The Alliance Representing India Pharmaceutical, clinicaltrials.gov, International Society for Pharmaceutical Engineering, and GOV.UK among others