Global Cell Culture Media Market Size & Outlook

The cell culture media industry worldwide is expected to reach a projected revenue of US$ 10,699.5 million by 2030. A compound annual growth rate of 12.4% is expected of the worldwide cell culture media industry from 2024 to 2030.

Revenue, 2023 (US$M)
$4,725.1
Forecast, 2030 (US$M)
$10,699.5
CAGR, 2024 - 2030
12.4%
Report Coverage
Worldwide

Global cell culture media market highlights

  • The global cell culture media market generated a revenue of USD 4,725.1 million in 2023 and is expected to reach USD 10,699.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 12.4% by 2030.
  • In terms of segment, serum-free media accounted for a revenue of USD 1,701.0 million in 2023.
  • Serum-free Media is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.


Global data book summary

Market revenue in 2023USD 4,725.1 million
Market revenue in 2030USD 10,699.5 million
Growth rate12.4% (CAGR from 2023 to 2030)
Largest segmentSerum-free media
Fastest growing segmentSerum-free Media
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSerum-free Media, Classical Media, Stem Cell Culture Media, Chemically Defined Media, Specialty Media, Other Cell Culture Media


Other key industry trends

  • In terms of revenue, the North America accounted for 37.6% of the global cell culture media market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Norway is the fastest growing regional market and is projected to reach USD 81.0 million by 2030.

Serum-free media was the largest segment with a revenue share of 36% in 2023. Horizon Databook has segmented the Global cell culture media market based on serum-free media, classical media, stem cell culture media, chemically defined media, specialty media, other cell culture media covering the revenue growth of each sub-segment from 2018 to 2030.


The biosimilars market is on the cusp of momentous growth. This growth is mainly due to the anticipated launch of several MAB biosimilars in the coming years as patents on significant drugs, such as trastuzumab (Herceptin from Roche), infliximab (Remicade from J& J), and Adalimumab (Humira from Abbott), are going to expire Emerging countries such as Venezuela, Brazil, Colombia, India, and Mexico have established regulations for biosimilar approval.


Russia is also developing a pathway for approval, as are other countries across Africa and Asia. The China FDA has also begun discussions on the development of a biosimilar approval procedure. Moreover, the reduction of manufacturing costs has become one of the most significant technological advantages for a biosimilar manufacturer. Therefore, the capability to imitate the biologically active molecule at the lowermost possible cost via cell culture has become important to efficient biosimilar development.

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Cell Culture Media Market Scope

Cell culture media market segmentation & scope
CHO Media
HEK 293 Media
BHK Medium
Vero Medium
Other Serum-free Media
Classical Media
Stem Cell Culture Media
Chemically Defined Media
Specialty Media
Other Cell Culture Media
Monoclonal Antibodies
Vaccines Production
Other Therapeutic Proteins
Diagnostics
Drug Screening & Development
Cell and Gene Therapy
Other Tissue Engineering & Regenerative Medicine Applications
Other Applications
Pharmaceutical & Biotechnology Companies
Hospitals & Diagnostic Laboratories
Research & Academic Institutes
Other End Users
Liquid Media
Semi-solid & Solid Media

Cell Culture Media Market Companies

Name Profile # Employees HQ Website

Global cell culture media market statistics, by regions, 2018-2030 (US$M)

Top 10 countries: Cell culture media market size, 2023 (USD Million)

Top 10 countries: Cell culture media market size, 2023 (USD Million)

Global cell culture media market, by region, 2023 (US$M)

Global cell culture media market statistics, by regions, 2018-2030 (US$M)

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