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Microbiology Culture Market on Track to Reach US$ 9.1 Billion, CAGR of 7% from 2022 to 2027

05-09-2024 05:14 PM CET | Health & Medicine

Press release from: Fact.MR

Microbiology Culture Market on Track to Reach US$ 9.1 Billion,

The global microbiology culture market (微生物培養市場) is projected to grow at a CAGR of 7% from 2022 to 2027, reaching a value of US$ 9.1 billion by the end of the forecast period, up from the current value of US$ 6.5 billion. Recent advancements in biological processing are expected to significantly drive market growth in the coming years, with technological improvements in molecular procedures and the rapid pace of biotechnology development fueling expansion. Microbiology culture is poised to play a vital role in the development of crops that are resilient to both biotic and abiotic stress, providing a robust coping mechanism against the effects of climate change. Plant tissue culture has become integral to biotechnology breeding efforts, accelerating global initiatives to enhance crop quality.

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The demand for microbiology culture has surged, particularly in industries such as food and medicine, due to technological advancements. In the food industry, microbiology culture is increasingly used in agricultural and culinary microbiology. This culture is essential for identifying organisms and their abundance in the material being studied, aiding in the diagnosis of active illnesses by allowing the agent to multiply in a specific medium.

The popularity of fermented foods has grown significantly in recent years, creating a lucrative market for food culture. Manufacturers are increasingly interested in microbial culture as the concept of bio-preservation gains wider acceptance, offering a desirable alternative to chemical and physical preservation methods. Traditional fermentations are valuable sources of new strains for bio-preservation, and food fermentations serve as excellent models for studying the fundamental principles and mechanisms of biopreservation.

Key Insights from Market Analysis

The global microbiology culture market (미생물 배양 시장) is currently valued at US$ 6.5 billion.

The Canadian market is expected to grow at a CAGR of 6.5% during the forecast period.

The synthetic media segment is forecasted to grow at a CAGR of 6% from 2022 to 2027.

The German market is projected to grow at a CAGR of 4.6% by 2027.

Winning Strategy

New strategies are continually being developed as a result of variables such as investment in R&D, adherence to regulatory requirements, and technological improvements. Microbiology culture is frequently and primarily utilized for a thorough study of cell division, biochemistry, and cell development.

Merck Millipore intends to increase its operational capacity in response to the growing demand for microbiological culture.

Key Companies Profiled:-

BrightGene
Cathay Biotech Inc.
Neogen Corporation
Scharlab, S.L.
Sigma-Aldrich Corporation
Becton, Dickinson and Company
Bio-Rad Laboratories, Inc.
Eiken Chemical Co., Ltd.
HiMedia Laboratories
MilliporeSigma
Neogen Corporation
Vland Biotech
Cabio Biotech
Thermo Fisher Scientific, Inc.

Competitive Landscape

Leading companies in the microbiology culture market (Markt für mikrobiologische Kulturen) are focusing heavily on product innovation to expand their presence, enhance their brand portfolios, and meet the diverse needs of product manufacturers.

Eiken Chemical developed the Loop-mediated isothermal amplification (LAMP) method, a nucleic acid amplification technique that has become a key tool in various life science fields.

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Key Segments in Microbiology Culture Industry Research

By Product Type :

Bacterial Culture

Eukaryotic Culture

By Media Type :

Simple Media

Complex Media

Synthetic Media

Special Media

By Application :

Food & Water Testing

Bioenergy & Agricultural Research

Cosmetics

Pharmaceuticals

Others

By Region :

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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About Fact.MR :

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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