Towards Healthcare
Lipid Nanoparticle Manufacturing Market Size Leads 18.9% CAGR by 2034

Lipid Nanoparticle Manufacturing Market Size and Competitive Strategies

Market insights predict the global lipid nanoparticle manufacturing industry will increase from USD 400 million in 2024 to USD 2243 million by 2034, achieving a CAGR of 18.9%. The lipid nanoparticle manufacturing market is expanding due to the rising incidence of diseases as well as new nucleic acid-based treatment approaches. North America led the market due to the presence of advanced industries.

Category: Therapeutic Area Insight Code: 5598 Format: PDF / PPT / Excel

Rohan Patil

Principal Consultant

Aditi Shivarkar

Reviewed By

Lipid Nanoparticle Manufacturing Market Size, Shares and Growth Applications

The global lipid nanoparticle manufacturing market size is calculated at USD 400 in 2024, grew to USD 475 million in 2025, and is projected to reach around USD 2243 million by 2034. The market is expanding at a CAGR of 18.9% between 2025 and 2034.

Lipid Nanoparticle Manufacturing Market Size 2024 - 2034

Key Takeaways

  • North America dominated the global lipid nanoparticle manufacturing market in 2024.
  • Asia-Pacific is expected to grow significantly during the forecast period.
  • By lipid nanoparticle type, the solid lipid nanoparticle segment dominated the market in 2024.
  • By lipid nanoparticle type, the nanostructured lipid carriers segment is estimated to be the fastest-growing at a notable CAGR during the forecast period.
  • By molecule delivered type, the nucleic acids segment dominated the market in 2024.
  • By molecule delivered type, the small molecules segment is anticipated to be the fastest-growing during the forecast period.
  • By company size type, the very large and large companies segment dominated the market in 2024.
  • By company size type, the mid-sized companies segment is predicted to be the fastest-growing during the forecast period.
  • By therapeutic area type, the infectious diseases segment dominated the global lipid nanoparticle manufacturing market in 2024.
  • By therapeutic area type, the oncological disorders segment is expected to be the fastest-growing during the forecast period.
  • By end user type, the pharmaceutical and biotechnology companies segment dominated the global market in 2024.
  • By end user type, the academic and research institutes segment is anticipated to be the fastest-growing during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 400 Million
Projected Market Size in 2034 USD 2243 Million
CAGR (2025 - 2034) 18.9%
Leading Region North America
Market Segmentation Type of Lipid Nanoparticle, Type of Molecule Delivered, Company Size, Therapeutic Area, Type of End-user, By Region
Top Key Players

Ascendia Pharmaceuticals, Acuitas Therapeutics, TLC Biosciences, Avanti Polar Lipids, Ardena, Creative Biolabs, BIOVECTRA, Emergent BioSolutions, CordenPharma, Evonik, Curia, EUROAPI, Fresenius Kabi, FormuMax Scientific, leon-nanodrugs, Fujifilm, Merck kgaa, Integrated Nanotherapeutics, Pantherna Therapeutics, Matinas BioPharma, Precision NanoSystems

Market Overview

Lipid nanoparticles have several advantages in drug development as they can transport poorly water-soluble drugs as well as oligonucleotides, and also have high biodegradability and biocompatibility. Similarly, by encapsulation, it can be used for target-specific action in cancer treatment or any other disease. The manufacturing process of LNP is complex due to which means it must be controlled for the production of improved and optimized quality of the medications. Thus, the use of Process Analytical Technology (PAT) and product monitoring is increasing their importance during the manufacturing process. The use of PAT can provide monitoring of the size of the nanoparticles as well as the product characterization, enhancing the LNP manufacturing process.

  • In April 2025, a new system that utilizes a microfluidic device for the manufacturing of lipid nanoparticles (LNPs) was developed by the collaboration between Shin-Etsu Chemical and Hokkaido University. The manufacturing of this system will start in April 2025 by Shin-Etsu Chemical, where the distributor will be Hokkaido-based Lilac Pharma Inc.
  • In April 2025, for combating respiratory diseases, a mucosal delivery strategy that is a spray-dried formulation of mRNA-based vaccine candidates stable at room temperature was developed by the collaboration between Lonza and Ethris.  As per the contract, spray-drying and particle engineering for vaccine candidates, depending on the Ethris’ stabilized lipid nanoparticles (SNaP LNP) platform and stabilized non-immunogenic mRNA (SNIM RNA), will be provided by Lonza.

AI Integration in the Lipid Nanoparticle Manufacturing Market

The lipid nanoparticle can be used in the treatment of protein replacement, vaccine development, and gene therapy, as they are nanocarriers. But there are certain limitations in LNP, such as low delivery efficiency, immune activation, and toxicity. Thus, to tackle these limitations, artificial intelligence can be used. It helps in the optimization of LNP formulation, its design, as well as in the prediction of performance and properties. It also helps in improving the selectivity and specificity of LNP. Furthermore, model performance can be increased by using contrastive and generative pretraining methods using AI to improve the safety and efficiency of LNP formulation. The LNP targeted conjugation can also be developed using AI modelling of antibodies.

Market Dynamics

Driver

Rising Occurrence of Diseases

Due to increasing occurrences of diseases such as genetic diseases, cancer, infections, etc., the demand for effective treatment options is rising. Therefore, with the help of lipid nanoparticles, various treatment options can be developed. This, in turn, increases their demand for providing targeted drug delivery. Moreover, different types of vaccines are also being developed for various infections. These LNPs can also be used in gene therapies. Hence, it enhances patient outcomes, increasing their adherence to the treatment. Thus, it drives the lipid nanoparticle manufacturing market growth.

Estimated Rates of Cancer Cases Diagnosed

The graph represents a comparison between the estimated rates of cancer cases diagnosed in the year of 2022 and 2050. It indicates that there will be a rise in cancer cases, which will lead to an increased demand for LNPs treatment options. Thus, this in turn will ultimately promote the market growth.

Restraint

High Prices

The specialized equipment, as well as the advanced technologies, are costly, due to which various industries and startups cannot afford them. Similarly, the ingredients required for formulating LNP are also expensive. This, in turn, increases the production cost. Thus, all these factors make the LNPs expensive, which, in turn, affects the acceptance rate in the population.

Opportunity

Increasing Nucleic Acid-Based Treatment Options

Lipid nanoparticles act as carriers thus can be used to deliver various unstable drugs. This has increased its use in the development of new formulations for the effective delivery of nucleic acids such as DNA and RNA. This enhanced the treatment options for gene therapies as well as vaccines. Furthermore, cancer, infectious diseases, rare genetic diseases, and autoimmune conditions also utilize LNP with nucleic acid for their effective treatments. This promotes the lipid nanoparticle manufacturing market growth.

For instance,

  • In March 2025, the researchers from the Perelman School of Medicine at the University of Pennsylvania developed a new transportation process of DNA into the cell using lipid nanoparticles (LNPs). This process improved the DNA’s instructions to produce protein inside cells, which is essential against disease in mice.

Segmental Insights

Solid Lipid Nanoparticle Segment Dominated

By lipid nanoparticle type, the solid lipid nanoparticle segment dominated the market in 2024. The solid lipid nanoparticles provided controlled as well as sustained drug release, which reduced the dosing frequency, enhancing the treatment adherence. Furthermore, the increased stability also contributed to the market growth.

Nanostructured Lipid Carriers Segment: Fastest Growing

By lipid nanoparticle type, the nanostructured lipid carriers segment is estimated to be the fastest-growing at a notable CAGR during the forecast period. The loading capacity of nanostructured lipid carriers is greater, which can incorporate a large dose of drugs. It can also be used in various disease treatments.

Nucleic Acids Segment Led in 2024

By molecule delivered type, the nucleic acids segment dominated the market in 2024. The nucleic acid-based treatments were used in various diseases as well as in the development of vaccines. This also increased their use in various genetic disease treatments.

Small Molecules Segment: Fastest Growing

By molecule delivered type, the small molecules segment is anticipated to be the fastest-growing during the forecast period. They offer the effective delivery of poorly soluble as well as unstable drugs. Furthermore, it also provides controlled release, which contributes to the lipid nanoparticle manufacturing market growth.

The Very Large and Large Companies Segment Dominated

By company size type, the very large and large companies segment dominated the market in 2024. The very large and large companies consisted of advanced equipment as well as technologies. This, in turn, enhanced the manufacturing process of LNPs.

Mid-Sized Companies Segment: Fastest Growing

By company size type, the mid-sized companies segment is predicted to be the fastest-growing during the forecast period. The mid-sized companies are increasing their research for the development of new LNPs treatment options. Furthermore, they are also collaborating to enhance the production rates.

The Infectious Diseases Segment Dominated

By therapeutic area type, the infectious diseases segment dominated the global lipid nanoparticle manufacturing market in 2024. In treating infectious diseases, various vaccines as well as treatment options have been developed using LNPs. This contributed to the market growth.

Oncological Disorders Segment: Fastest Growing

By therapeutic area type, the oncological disorders segment is expected to be the fastest-growing during the forecast period. The oncological disorders are rising, due to which the use of LNP is increasing. Furthermore, it provides targeted action that reduces the side effects, enhancing its use.

Pharmaceutical & Biotechnology Companies Segment Dominated

By end user type, the pharmaceutical and biotechnology companies segment dominated the global lipid nanoparticle manufacturing market in 2024. The pharmaceutical and biotechnology companies consist of advanced technologies and skilled personnel, which have improved the production as well as the quality of LNP, raising its distribution rates. Moreover, new developments also contributed to the same.

Academic & Research Institutes Segment: Fastest Growing

By end user type, the academic and research institutes segment is anticipated to be the fastest-growing during the forecast period. The academic and research institutes are focusing on the new innovation of LNPs treatment options. Furthermore, the rising collaborations are also promoting the market growth.

Advanced Industries Drives North America

North America dominated the lipid nanoparticle manufacturing market in 2024. North America consists of well-developed industries which increased the manufacturing of lipid nanoparticles as medications for various diseases. Furthermore, new innovations also contributed to the market growth.

The U.S. Lipid Nanoparticle Manufacturing Market Trends

The industries in the U.S. have increased the development process of lipid nanoparticles due to their enhanced effectiveness. At the same time, the presence of well-equipped manufacturing instruments helps in rapid production, enhancing the manufacturing process.

The Canada Lipid Nanoparticle Manufacturing Market Trends

The industries with advanced technologies and equipment are improving the development process as well as the quality of LNP. Moreover, the increasing collaborations are also enhancing the new developments of LNPs.

Advancing Industries Boosts Asia Pacific

Asia Pacific is estimated to host a significantly growing lipid nanoparticle manufacturing market during the forecast period. Asia Pacific is experiencing rapid industrialization. These industries are adopting various technological advancements, enhancing the overall development process of LNPs. At the same time, the government is also supporting the treatment by making it affordable, which in turn is promoting the market growth.

The China Lipid Nanoparticle Manufacturing Market Trends

The industries in China consist of skilled personnel, and they are also utilizing various technological advancements to improve the manufacturing process of LNPs. Furthermore, the funding provided by the government also enhances the manufacturing and research of lipid nanoparticles.

The India Lipid Nanoparticle Manufacturing Market Trends

The Indian industries are adopting a variety of technologies for the effective development and management of them. This is increasing the production of LNP. At the same time, generic drugs are being made available with the help of the government.

Europe Driven by Increasing Research

Europe is expected to show lucrative growth in the lipid nanoparticle manufacturing market during the forecast period. Various industries and institutes in Europe are focusing on the development of new LNP treatment options. This, in turn, is increasing the number of research studies carried out in industries as well as institutes, which enhances the market growth.

The Germany Lipid Nanoparticle Manufacturing Market Trends

The enhancing research studies for the development of new strategies in treating different diseases are driving the industries as well as academic institutes. These are further funded by the government, which in turn increases the interest, causing improved development in the research.

The UK Lipid Nanoparticle Manufacturing Market Trends

Due to the advantages of LNP, the research conducted in the institutes and industries is increasing. Furthermore, they are collaborating to develop new treatment options for rising diseases, which is also supported by the government.

Top Companies in the Lipid Nanoparticle Manufacturing Market

Lipid Nanoparticle Manufacturing Market Companies

Latest Announcements by Industry Leaders

  • In April 2025, while highlighting the potential of CloudSpec, the CEO of Marama Labs, Brendan Darby, stated that he was excited to introduce CloudSpec to the market. He further stated that, in the field of nanomedicine, it will offer a noteworthy advancement and that they are confident that it will further transform lipid nanoparticle research.
  • In February 2025, a new lipid nanoparticle system for the transportation of mRNA to the brain using intravenous injection was developed by the researchers of the Icahn School of Medicine at Mount Sinai.  Ph.D., Professor of Immunology and Immunotherapy, and a member of the Icahn Genomics Institute and the Marc and Jennifer Lipschultz Precision Immunology Institute, at the Icahn School of Medicine at Mount Sinai, Yizhou Dong stated that a safe and effective delivery of mRNA into the brain was observed using blood-brain barrier-crossing lipid nanoparticles (BLNPs) in their study. He further stated that several psychiatric and neurological disorders can be treated by using mRNA-based therapy, creating various opportunities.

Recent Developments in the Lipid Nanoparticle Manufacturing Market

  • In April 2025, the launch of the ONI Application Kit™: LNP Profiler, by Oxford Nanoimaging (ONI), which is the first verified solution within the SMLM and super-resolution space for particle analysis, will help to revolutionize lipid nanoparticle (LNP) analysis. The kit will provide a platform for quantitative particle research with precision imaging hardware, optimized reagents, as well as advanced software to deliver a rapid, high-resolution approach for LNP characterization with nanoscale precision.
  • In March 2025, Everest Medicines announced that they had cleared the Investigational New Drug (IND) application for a Tumour-Associated Antigen (TAA) vaccine, that is, EVM14, by the U.S. FDA. It is an mRNA cancer vaccine developed by encapsulating mRNA encoding multiple TAAs in an LNP delivery system that can be used in various cancer treatments, as it targets multiple TAAs.

Segments Covered in the Report

By Lipid Nanoparticle

  • Solid Lipid Nanoparticles
  • Nanostructured Lipid Carriers

By Molecule Delivered

  • Nucleic Acids
  • Small Molecules
  • Peptides/ Proteins
  • Others

By Company Size

  • Very Large and Large
  • Mid-sized
  • Small

By Therapeutic Area

  • Infectious Diseases
  • Oncological Disorders
  • Blood Disorders
  • Rare Diseases
  • Other Disorders

By End-user

  • Pharmaceutical and Biotechnology Companies
  • Academic and Research Institutes
  • Other End-users

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
  • Last Updated: 06 May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Rohan Patil is a market research expert with 5+ years of experience in healthcare, specializing in market dynamics, emerging trends, and technology-driven innovations to guide data-driven decisions for healthcare organizations.

Learn more about Rohan Patil

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

Increasing occurrences of diseases are the factor that drives the market

Asia Pacific is the fastest-growing region in the market because of the advancing industries.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.