Global Microbiology Culture Market is estimated to be 2.9 Billion by 2029 with a CAGR of 5.4% during the forecasted period.


Posted August 2, 2021 by rjadhav

Significant growth in burden of food-borne illnesses globally has served as a dynamic force for the plethora of microbiology researches carried out in recent times.

 
Significant growth in burden of food-borne illnesses globally has served as a dynamic force for the plethora of microbiology researches carried out in recent times.
The global microbiology culture market accounted for US$ 1.8 billion in 2020 and is estimated to be 2.9 billion by 2029 and is anticipated to register a CAGR of 5.4 %. The report "Global Microbiology Culture Market, By Culture Type (Bacterial Culture and Eukaryotic Culture), By Media Type (Simple Media, Complex Media, Synthetic Media, and Special Media), By Application (Food & Water Testing, Bioenergy & Agricultural Research, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”.
Key highlights:
• In 2016, a research was performed to evaluate bacterial agents in Ekpoma poultry feed for investigating the scenario of microbial contamination of poultry feed. in October 2016, a study was conducted for evaluation of bacterial contamination of imported poultry feed in Iraq, to maintain feed safety.
Key Market Insights from the report:
The global microbiology culture market accounted for US$ 1.8 billion in 2020 and is estimated to be 2.9 billion by 2029 and is anticipated to register a CAGR of 5.4 %. The market report has been segmented on culture type, media type, application, and region.
• By culture type, bacterial culture estimates for highest market share in terms of revenue in 2019, owing to growth in usage of disease research, pharmaceuticals, and food microbiology.
• By media type, complex media leads the microbiology culture media market in 2019 because it provides a full range of development factors needed for the cultivation of nutritionally complex bacteria or any kind of unknown bacteria.
• By application, food and water are the most common and easiest method of transfer of pathogens. Concerns for food safety have register growth due to increasing incidence of food poisoning over the years.
• By region, U.S. accounts for the highest share of revenue generation in North America with bacterial media dominating in revenue followed by fungal and yeast cell cultures. The U.S. market is projected to expand at a steady pace owing to a presence of advanced technology.
To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Microbiology-Culture-Market-4333
Competitive Landscape:
The prominent player operating in the global microbiology culture market includes Becton, Dickinson and Company, Eiken Chemical Co. Ltd., Sigma-Aldrich Co., Neogen Corporation, Thermo Fisher Scientific Inc., Scharlab S.L., Merck Millipore, BioMérieux SA, and Bio-Rad Laboratories
The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.
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Tags global microbiology culture market , lobal microbiology culture , microbiology culture
Last Updated August 2, 2021