Microbiology Culture Market: Current Analysis and Forecast (2021-2027)
The global Microbiology Culture Market is expected to witness robust growth due to the high demand for “superfoods”, probiotics, and fermented food. The considerable growth of the food and dairy industry is due to the rising demand for fermented food. As the population is increasing rapidly infectious diseases, waterborne diseases, and foodborne diseases are also increasing. This rise in diseases increases the laboratory testing in which microbial cultures are used for isolating the microbes and bacteria for analysis. This testing helps the microbial culture market to grow significantly. Additionally, fermentation also demands microbiology culture because the food and dairy industry also dives into the microbiology cultures market. For instance, as per WHO, Researchers have estimated that each year there are 1.3 to 4.0 million cases of cholera and 21 000 to 143 000 deaths worldwide due to cholera.
Based on the media type, the Microbiology Culture Market is segmented into simple media, complex media, synthetic media, and special media. In 2020, the complex media category dominated the market and is expected to maintain its dominance throughout the forecast period. This is mainly because these media grow picky bacteria well, and these are also crowd-pleasers which in turn drive the growth of this segment.
Based on culture media, the market is bifurcated into the bacterial culture and eukaryotic culture. Among these, the bacterial culture category accounted for the major share in the global microbiology culture market. In the food and dairy industry, there is frequent use of bacterial culture which in turn drives the microbiological market culture.
Based on application, the market is segmented into Bioenergy & Agricultural Research, food & dairy industry, cosmetic industry, biopharmaceutical industry, and others. In 2020, the pharmaceutical industry accounted for the majority share of the global market. With the rise of viruses, bacteria, and diseases microbial testing is increased due to which pharmaceutical industry growth. Additionally, the researchers and experiments are also in progress for various types of viruses and diseases in also microbiology culture required which drives the microbiology culture.
For a better understanding of the market, the report is analyzed based on different regions including North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific); and Rest of World. Asia-Pacific constitutes a major market for the microbiology culture market and generated revenue of USD XX Million in 2020 owing to growing healthcare expenditure and the pharmaceutical industry.
Some of the major players operating in the market 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., BioMérieux S.A, Hi-Media Laboratories Pvt. Ltd.
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