Marine Pharmaceuticals Market to Reach USD 10.34 Billion by 2034, Driven by Rising Bioprospecting and R&D Investments [Yahoo! Finance]
CYANOTECH CORP (CYAN)
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Source: Yahoo! Finance
Ottawa, Nov. 19, 2025 (GLOBE NEWSWIRE) -- The global marine pharmaceuticals market size was valued at USD 6.19 billion in 2024 and is predicted to hit around USD 10.34 billion by 2034, rising at a 5.29% CAGR, a study published by Towards Healthcare a sister firm of Precedence Research. The marine pharmaceuticals market growth is driven by unique marine biodiversity, advances in marine bioprospecting and synthetic biology, and growing R&D investment. The Complete Study is Now Available for Immediate Access | Download the Sample Pages of this Report @ https://www.towardshealthcare.com/download-sample/6308 Key Takeaways North America held a major share of approximately 40% of the marine pharmaceuticals market in 2024. Asia Pacific is expected to witness the fastest CAGR during 2025-2034. By source, the marine microorganisms segment held a major share of approximately 35% of the market in 2024. By source, the macroalgae/seaweeds segment is expected to witness the fastest CAGR
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- 11/10/25 - Form 10-Q
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- 9/12/25 - Form 3
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