Market revenue in 2023 | USD 1,468.8 million |
Market revenue in 2030 | USD 3,040.4 million |
Growth rate | 11% (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 |
Serum-free media was the largest segment with a revenue share of 37.19% in 2023. Horizon Databook has segmented the U.S. 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.
Biotechnology industry regulations in the U.S. are governed by Coordinated Framework for Regulation of Biotechnology established in 1986. This framework outlines the federal policy for regulating products developed with the help of modern biotechnology. The country has three main Federal agencies—the Animal and Plant Health Inspection Service (APHIS), the U.S. Environmental Protection Agency (EPA), and the U.S.
Department of Health and Human Services’ Food and Drug Administration (FDA)—which ensure safe use of genetically modified/engineered organisms. In particular, the U.S. FDA is primarily responsible for ensuring safety, efficacy, proper labeling, and other attributes of human food, animal feed, and all plant-derived foods & feeds.
The EPA dictates regulations for pesticides, including plant-incorporated protectants, to ensure public safety. It also regulates the extent of pesticide residue present in food and feed. In addition, the APHIS hosts a Biotechnology Regulatory Services program that stipulates regulations regarding the use of genetically engineered organisms that may pose a risk to plant health.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account