Transparency Market Research has published a new market report titled “Microbiology Culture Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023”, the global microbiology culture market was valued at US$4.51 bn in 2014 and is anticipated to reach US$7.59 bn by 2023, expanding at a CAGR of 5.9% during the forecast period from 2015 to 2023.

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.

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Key factors driving the global microbiology culture market are high demand for improved antibiotics, increasing food microbiology, rising life science research funding, and high prevalence of foodborne and other infectious diseases. Moreover, the microbiology culture market is witnessing strong growth due to rising food safety concerns, increasing number of food recalls, evolving pathogens, growing press coverage and public awareness, and increasing demand in other industries. Additionally, the industry is expected to expand at a rapid rate due 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.

Based on culture type, the global microbiology culture market has been segmented into bacterial culture and eukaryotic culture. The bacterial culture media segment accounted for the larger share of the global microbiology culture market in 2014. Moreover, the segment is expected to continue its dominance during the forecast period from 2015 to 2023 due to increasing application in food microbiology, pharmaceuticals, and disease research. Eukaryotic culture constitutes yeast cultures, eukaryotic algal cultures, and others.

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Based on culture media, the microbiology culture market has been categorized into four major segments: simple, complex, synthetic, and special culture media. Complex media held the largest share of the global microbiology culture market in 2014, followed by special media. Demand for complex media is likely to witness continuous growth during the forecast period as it provides full range of growth factors required to cultivate unknown bacteria or bacteria whose nutritional requirement are complex. The special media segment includes differential and selective forms of culture media that specifically support growth of certain forms of microorganisms and not the others.

Geographically, the global microbiology culture market has been segmented into six regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Rest of the World. North America was the largest market for microbiology cultures in terms of revenue in 2014, followed by Europe. The region is likely to maintain its position during the forecast period from 2015 to 2023. The dominance of North America was majorly attributed to the presence of large number of research institutions and biopharmaceutical companies that have been instrumental in driving the microbiology culture market in the region. However, Asia Pacific is expected to register highest CAGR during the forecast period from 2015 to 2023. Key factors responsible for high growth of the market in the region are increasing food safety measures, rising health care expenditure in developing countries, increasing prevalence of infectious diseases, growing demand for antibiotics, and rising disposable income.

Key players operating in the global microbiology culture market include Becton, 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., and Thermo Fisher Scientific, Inc.

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