Microbiology Culture Market: Progress in Biotechnology and Soaring Interest from Food and Cosmetic Industries to Fuel Market Growth
The global microbiology culture market is expected to grow at a CAGR of ~6% during the forecast period. The market growth can be primarily attributed to strides taken by biotechnology, research & development activities, and progress in pharmaceutical microbiology, and increasing demand from pharmaceutical and cosmetic industries. Market players operating in the current market landscape should focus on research and development activities to gain an advantage in the current market landscape. The advent of COVID-19 and its impact on microbiology should be thoroughly investigated to formulate growth strategies in the future. Furthermore, the rising demand for antibiotics to treat a range of diseases is expected to provide fertile grounds for growth for companies operating in the microbiology culture market.
Microbiology Culture Market: Overview
- This report analyzes the current scenario and future prospects of the global microbiology culture market. Microbiology culture is the process of culturing microbiological organisms, wherein microorganisms are allowed to reproduce and multiply (grow in number) in a predetermined culture media and controlled laboratory conditions. Various culture methods with a vast range of culture media have been developed for the identification and characterization of microorganisms and are increasingly being used across the world. Presently, these microbiology cultures are used by microbiologists on a large scale in food, beverages, pharmaceuticals, research, cosmetics, and several other industries.
- Increase in demand for improved antibiotics, improving food microbiology, rise in life science research funding, and high prevalence of foodborne and other infectious diseases are key factors driving the global microbiology culture market. Moreover, the microbiology culture market is witnessing strong growth due to rise in food safety concerns; increase in number of food recalls; evolving pathogens; growing press coverage and public awareness; and increase in demand in other industries.
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- Additionally, the industry is expected to expand at a rapid rate during the forecast period. This can be attributed to increased food sourcing due to rise in global food demand and supply. This, in turn, would require advanced culture methods and media for fast and accurate microbial analysis. Microbiology culture methods are the principal diagnostic methods used to determine the cause of infectious diseases by culturing the pathogen in a preset medium.
- The report provides an elaborate executive summary, which includes a snapshot of various segments of the global microbiology culture market. It also provides information and data analysis of the global microbiology culture market with regards to segments based on culture type, culture media type, application, and region.
- The overview section of the microbiology culture market report provides a detailed qualitative analysis of drivers, restraints, and opportunities that impact the global microbiology culture market
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- The report includes company profiles that provide information about their business, product portfolios, and competitive landscape in the global microbiology culture market
- The report on the global microbiology culture market also offers market attractiveness analysis of regions and segments
- The last section of the global microbiology culture market report comprises quantitative and qualitative analysis on market share/position of key players operating in the global microbiology culture market. It analyzes key competitive strategies adopted by major industry players, thereby presenting a thorough understanding of the competitive scenario in the global microbiology culture market.
- Market size of the global microbiology culture market and forecast for each of the segments have been provided from 2017 to 2027. The CAGRs of respective segments have also been provided from 2019 to 2027, considering 2018 as the base year.
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Microbiology Culture Market: Regional Outlook
- In terms of region, the global microbiology culture market has been segmented into North America (U.S. and Canada), Europe (U.K., Germany, Spain, Italy, France, and Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, Israel, and Rest of Middle East & Africa). Each region considered in the market has been further divided into countries/sub-regions.
- The microbiology culture market report provides size and forecast for each region and country/sub-region from 2017 to 2027. The CAGR for each of these regions and countries has also been provided for the forecast period from 2019 to 2027. The microbiology culture market study also covers the competitive scenario in these regions.
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Companies Covered in Microbiology Culture Market Report
- Key players in the global microbiology culture market have been profiled based on attributes such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
- Major players having presence in the global microbiology culture market include
- Dickinson and Company
- bioMérieux S.A
- Bio-Rad Laboratories, Inc.
- Eiken Chemical Co, Ltd.
- EMD (Merck) Millipore
- Hi-Media Laboratories Pvt. Ltd.
- Neogen Corporation
- Sigma-Aldrich Co. LLC
- Scharlab S.L.
- Thermo Fisher Scientific, Inc.
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