| Product Code: ETC6348680 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to show a strong demand for biotechnology imports, with the USA, Austria, Netherlands, Hungary, and the UK leading the way. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the industry saw impressive growth with a CAGR of 39.8% from 2020 to 2024. However, there was a notable dip in growth from 2023 to 2024, with a -59.2% decrease. This suggests a potential shift in market dynamics or temporary market challenges that impacted import shipments in the biotechnology sector in Belgium.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Biotechnology Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Biotechnology Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Biotechnology Market - Industry Life Cycle |
3.4 Belgium Biotechnology Market - Porter's Five Forces |
3.5 Belgium Biotechnology Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Belgium Biotechnology Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Belgium Biotechnology Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and funding for biotechnology research and development in Belgium |
4.2.2 Growing demand for personalized medicine and biopharmaceuticals in the healthcare sector |
4.2.3 Rising prevalence of chronic diseases driving the need for innovative biotech solutions |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements and compliance standards impacting time-to-market for biotechnology products |
4.3.2 Limited availability of skilled workforce and specialized talent in the biotech industry in Belgium |
5 Belgium Biotechnology Market Trends |
6 Belgium Biotechnology Market, By Types |
6.1 Belgium Biotechnology Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Belgium Biotechnology Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Belgium Biotechnology Market Revenues & Volume, By Biopharmacy, 2021- 2031F |
6.1.4 Belgium Biotechnology Market Revenues & Volume, By Bioservices, 2021- 2031F |
6.1.5 Belgium Biotechnology Market Revenues & Volume, By Bioagri, 2021- 2031F |
6.1.6 Belgium Biotechnology Market Revenues & Volume, By Bioindustrial, 2021- 2031F |
6.2 Belgium Biotechnology Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Belgium Biotechnology Market Revenues & Volume, By Fermentation, 2021- 2031F |
6.2.3 Belgium Biotechnology Market Revenues & Volume, By Tissue Regeneration, 2021- 2031F |
6.2.4 Belgium Biotechnology Market Revenues & Volume, By PCR, 2021- 2031F |
6.2.5 Belgium Biotechnology Market Revenues & Volume, By Nanobiotechnology, 2021- 2031F |
6.2.6 Belgium Biotechnology Market Revenues & Volume, By DNA Sequencing & Others, 2021- 2031F |
7 Belgium Biotechnology Market Import-Export Trade Statistics |
7.1 Belgium Biotechnology Market Export to Major Countries |
7.2 Belgium Biotechnology Market Imports from Major Countries |
8 Belgium Biotechnology Market Key Performance Indicators |
8.1 Research and development expenditure in the biotechnology sector in Belgium |
8.2 Number of patents filed for biotech innovations originating from Belgium |
8.3 Percentage of biotech startups successfully securing funding for scaling operations |
9 Belgium Biotechnology Market - Opportunity Assessment |
9.1 Belgium Biotechnology Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Belgium Biotechnology Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Belgium Biotechnology Market - Competitive Landscape |
10.1 Belgium Biotechnology Market Revenue Share, By Companies, 2024 |
10.2 Belgium Biotechnology Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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