Latin America Cell Culture Media Market Size & Outlook
The cell culture media market in Latin America is expected to reach a projected revenue of US$ 246.8 million by 2030. A compound annual growth rate of 12.3% is expected of Latin America cell culture media market from 2025 to 2030.
Revenue, 2024 (US$M)
$125.3
Forecast, 2030 (US$M)
$246.8
CAGR, 2025 - 2030
12.3%
Report Coverage
Latin America
Latin America cell culture media market, 2018-2030 (US$M)
Related Markets
Latin America cell culture media market highlights
- The Latin America cell culture media market generated a revenue of USD 125.3 million in 2024.
- The market is expected to grow at a CAGR of 12.3% from 2025 to 2030.
- In terms of segment, serum-free media was the largest revenue generating product in 2024.
- Serum-free Media is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 125.3 million |
| Market revenue in 2030 | USD 246.8 million |
| Growth rate | 12.3% (CAGR from 2025 to 2030) |
| Largest segment | Serum-free media |
| Fastest growing segment | Serum-free Media |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 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, Latin America region accounted for 2.9% of the global cell culture media market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,532.3 million by 2030.
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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
Cell Culture Media Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America cell culture media market size, by country, 2018-2030 (US$M)
Latin America Cell Culture Media Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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