Rockville, Dec. 06, 2022 (GLOBE NEWSWIRE) -- As per a new study by Fact.MR, a market research and competitive intelligence provider, the global microbiology culture market is anticipated to reach a valuation of US$ 9.1 billion by 2027.
Recent advances in biological processing are anticipated to have a significant impact on market growth over the coming years. Technological advancements in molecular procedures and the quickening pace of biotechnology development are driving market expansion.
Microbiology culture is expected to play a crucial role in producing crops that are resilient to biotic and abiotic stress and are predicted to have an outstanding coping mechanism against climate change. Plant tissue culture has become a significant part of biotechnology breeding and has significantly accelerated global efforts to improve crops.
Demand for microbiological culture has greatly increased as a result of technological advancements in numerous industries, particularly the food and medical sectors. Demand for microbiology culture in the food industry is expected to increase due to developments in agricultural and culinary microbiology. Microbial culture is used to determine the type of organism, its abundance in the material under investigation, or both. Allowing the agent to multiply in a particular medium is a fundamental diagnostic strategy in microbiology that is used to identify the cause of active illnesses.
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In recent years, the popularity of fermented foods has increased significantly, opening up a lucrative market for food culture. As the idea of bio-preservation becomes more widely accepted, manufacturers are becoming more interested in microbial culture. A desirable alternative to chemical and physical preservation is biopreservation. Traditional fermentations may be useful sources of new strains for bio-preservation, and food fermentations provide great models for examining the fundamental ideas and mechanisms of biopreservation.
Key Takeaways from Market Study
- The global microbiology culture market is valued at US$ 6.5 billion.
- Market in Canada is anticipated to magnify at a CAGR of 6.5% over the forecast period.
- The synthetic media segment is predicted to expand at a CAGR of 6% from 2022 to 2027.
- Market in Germany is set to increase at a CAGR of 4.6% through 2027.
“Increasing demand for antibiotics, technological advancements in food & water testing techniques, growing awareness about food safety, widening scope of applications for biopharmaceutical & bioprocessing applications, and increasing number of research activities are driving market growth,” says a Fact.MR analyst
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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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.
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global microbiology culture market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2027.
The study divulges essential insights on the market on the basis of product type (bacterial culture, eukaryotic culture), media type (simple media, complex media, synthetic media, special media), and application (food & water testing, bioenergy & agricultural research, cosmetics, pharmaceuticals, others), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).
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