Microbiology Culture Market: Current Analysis and Forecast (2021-2027)

Emphasis on Media Type (Simple media, Complex media, Synthetic media, Special media); Culture Type (Bacterial culture, Eukaryotic culture); Application (Bioenergy & Agricultural Research, Food & Dairy Industry, Cosmetic Industry, Pharmaceutical Industry, and Others.); Regions/Country

Geography:

Global

Industry:

Healthcare

Last updated:

Apr 2022

Microbiology Culture Market 2
Microbiology Culture Market 2

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Global Microbiology Culture Market is anticipated to grow with an elevated CAGR of around 6% over the forecast period (2021-2027). Microbial culture is a basic diagnostic method used in molecular biology as a means of multiplying microbes. It has been widely used to select a particular organism or to determine how abundant it is within a specific sample pattern. Microbes are cultured on prearranged media under controlled laboratory conditions.


Microbial cultures are growing tremendously and expanding due to growing demands for biopharmaceuticals including vaccines, drugs, antibiotics, etc. Besides that, a rise in the food industry is also a key factor in growing the microbial culture market. Various industries have benefited from technological advancements in the microbiology culture market, including Bioenergy & Agricultural Research, food & dairy industry, cosmetic industry, biopharmaceutical industry, and others. Thus, growth in these end-user industries is expected to drive the microbiology culture market in the upcoming years. For instance,  as per USDA, in the U.S., the total production of dairy products was 18,623 mil. lb. in September 2021 which has been considerably grown to 19,050 mil. lb. in January 2022.


Furthermore, the microbiology culture market is anticipated to grow on account of the growing technological advancement, a large number of ongoing research activities in this field, rising government and public-private investments, and various advantages associated with the implementation of microbiology culture in various industries. For example, in food industries, microbial culture allows testing microbes in food products and isolating new microbes for further research. Also, this technique can be efficiently used for diagnosing different infectious diseases.


Current and Projected Worldwide Consumption of Fresh Dairy Products (in Kt pw), 2021-2027


Microbiology Culture Market 3
Microbiology Culture Market 3

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Becton, Dickinson and Company, EMD (Merck) Millipores, Neogen corporation, Sigma- Aldrich Co. LLC, Scharlab S.L, Bio-Rad Laboratories Pvt. Ltd, Thermo Fisher Scientific Inc, Eiken Chemical co. ltd., Hi-Media Laboratories Pvt. Ltd., BioMérieux S.A are some of the prominent players operating in the Microbiology Culture market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with microbiology culture.


Insights Presented in the Report


“Based on the media type, complex media grabbed a considerable market share”


Based on the media type, the microbiology culture market is segmented into simple media, complex media, synthetic media, and special media. The complex media segment accounted for a significant market share in 2020 and it is estimated that it will grow rapidly during the projected timeframe as this media allows a wide species of bacteria to grow well including many picky bacterias.


“Based on culture type, bacterial culture are most frequently used culture”


Based on culture type, the microbiology culture market is segmented into the bacterial culture and eukaryotic culture. The bacterial culture segment is the most commonly used presently and it is estimated to grow significantly in upcoming years as these cultures are frequently used in various end-user industries for disease research, in food microbiology, etc.


“Amongst end-users, biopharmaceuticals segment holds the major share”


Based on end-users, the market is fragmented into bioenergy & agricultural research, food & dairy industry, cosmetic industry, pharmaceutical industry, and others. In 2020, the pharmaceuticals segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period owing to the increase in demands for medicine and pharma products due to the increase in viruses like common flue coronavirus and bacteria in the surroundings.


“Asia-Pacific represents one of the largest markets of microbiology culture market”


For a better understanding of the market dynamics of the microbiology culture market, a detailed analysis was conducted for different regions across the globe including North America (the U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India,  Japan, South Korea, and Rest of APAC), Rest of World has been conducted. Asia-Pacific constitutes a major market for the microbiology culture market industry and generated revenue of USD XX Million in 2020 due to the presence of many pharmaceutical companies in this region.


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Reasons to buy this report:



  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts

  • The report presents a quick review of overall industry performance at one glance

  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments

  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry

  • The study comprehensively covers the market across different segments

  • Deep dive regional level analysis of the industry


Customization Options:


The global microbiology culture market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.


Table of Contents

  1. 1. Market Introduction

  2. 2. Research Methodology Or Assumption

  3. 3. Market Synopsis

  4. 4. Executive Summary

  5. 5. Microbiology Culture Market Covid-19 Impact

  6. 6. Microbiology Culture Market Revenue (usd Bn), 2019-2027f

  7. 7. Market Insights By Media Type

  8. 8. Market Insights By Culture Type

  9. 9. Market Insights By Application

  10. 10. Market Insights By Region

  11. 11. Microbiology Culture Market Dynamics

  12. 12. Microbiology Culture Market Opportunities

  13. 13. Microbiology Culture Market Trends

  14. 14. Legal & Regulatory Framework

  15. 15. Demand And Supply Side Analysis

  16. 16. Value Chain Analysis

  17. 17. Competitive Scenario

  18. 18. Company Profiled

  19. 19. Disclaimer

Analyzing the historical market, estimation of the current market, and forecasting the future market of the global microbiology culture market were the three major steps undertaken to create and analyze the adoption of microbiology culture in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global microbiology culture market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:


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Analysis of Historical Market Size


Step 1: In-Depth Study of Secondary Sources:


Detail secondary study was conducted to obtain the historical market size of the microbiology culture through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.


Step 2: Market Segmentation:


After obtaining the historical market size of the microbiology culture market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as media type, culture type, and applications. Further country-level analyses were conducted to evaluate the overall adoption of Microbiology Culture across the globe.


Step 3: Factor Analysis:


After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the microbiology culture. Further, we conducted factor analysis using dependent and independent variables such as the growth of the Bioenergy & Agricultural Research, food & dairy industry, cosmetic industry, biopharmaceutical industry, and others. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the microbiology culture sector across the globe.


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Current Market Size Estimate & Forecast


Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the microbiology culture market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.


Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and subsegments across the major markets globally. The research methodology adopted to estimate the market size encompasses:



  • The industry’s market size, in terms of value (US$) and the adoption rate of microbiology culture across the major markets domestically

  • All percentage shares, splits, and breakdowns of market segments and sub-segments

  • Key players in the microbiology culture market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market


Market Size and Share Validation


Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.


Split of Primary Participants in Different Regions


Microbiology Culture Market 1
Microbiology Culture Market 1

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Market Engineering


Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the microbiology culture market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of culture type, media type, and application of the microbiology culture market.


The main objective of the Microbiology Culture Market Study


The current & future market trends of microbiology culture were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:



  • Analyze the current and forecast market size of microbiology culture in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments

  • Segments in the study include areas of media type, culture type, and applications.

  • Define and analysis of the regulatory framework for the microbiology culture industry

  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry

  • Analyze the current and forecast market size of the microbiology culture market for the major region

  • Major regions studied in the report include North America, Europe, Asia-Pacific, and Rest of the world

  • Company profiles of the microbiology culture market and the growth strategies adopted by the market players to sustain in the fast-growing market

  • Deep dive regional level analysis of the industry


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