China Cell Culture Media Market Size & Outlook, 2023-2030
The cell culture media market in China is expected to reach a projected revenue of US$ 842.0 million by 2030. A compound annual growth rate of 16.1% is expected of China cell culture media market from 2024 to 2030.
Revenue, 2023 (US$M)
$296.5
Forecast, 2030 (US$M)
$842.0
CAGR, 2024 - 2030
16.1%
Report Coverage
China
China cell culture media market, 2018-2030 (US$M)
Related Markets
China cell culture media market highlights
- The China cell culture media market generated a revenue of USD 296.5 million in 2023 and is expected to reach USD 842.0 million by 2030.
- The China market is expected to grow at a CAGR of 16.1% from 2024 to 2030.
- In terms of segment, serum-free media was the largest revenue generating product in 2023.
- Serum-free Media is the most lucrative product segment registering the fastest growth during the forecast period.
Cell culture media market data book summary
| Market revenue in 2023 | USD 296.5 million |
| Market revenue in 2030 | USD 842.0 million |
| Growth rate | 16.1% (CAGR from 2023 to 2030) |
| Largest segment | Serum-free media |
| Fastest growing segment | Serum-free Media |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serum-free Media, Classical Media, Stem Cell Culture Media, Chemically Defined Media, Specialty Media, Other Cell Culture Media |
| Key market players worldwide | Sartorius AG, Danaher Corp, Merck KGaA, Thermo Fisher Scientific Inc, FUJIFILM Holdings Corp, Lonza Group Ltd, BD, STEMCELL Technologies, PromoCell GmbH |
Other key industry trends
- In terms of revenue, China accounted for 6.3% of the global cell culture media market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cell culture media market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 842.0 million by 2030.
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Cell Culture Media Market Scope
Cell culture media market segmentation & scope
Cell Culture Media Market Companies
| Name | Profile | # Employees | HQ | Website |
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China cell culture media market size, by product, 2018-2030 (US$M)
China Cell Culture Media Market Outlook Share, 2023 & 2030 (US$M)
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