Europe Fetal Bovine Serum Market Size & Outlook, 2023-2030

The fetal bovine serum market in Europe is expected to reach a projected revenue of US$ 1,439.9 million by 2030. A compound annual growth rate of 14.5% is expected of Europe fetal bovine serum market from 2024 to 2030.
Revenue, 2023 (US$M)
$557.3
Forecast, 2030 (US$M)
$1,439.9
CAGR, 2024 - 2030
14.5%
Report Coverage
Europe

Europe fetal bovine serum market highlights

  • The Europe fetal bovine serum market generated a revenue of USD 557.3 million in 2023.
  • The market is expected to grow at a CAGR of 14.5% from 2024 to 2030.
  • In terms of segment, vaccine production was the largest revenue generating application in 2023.
  • In-vitro fertilization is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 557.3 million
Market revenue in 2030USD 1,439.9 million
Growth rate14.5% (CAGR from 2023 to 2030)
Largest segmentVaccine production
Fastest growing segmentIn-vitro fertilization
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDrug Discovery, In-vitro fertilization, Vaccine production, Cell-based research, Diagnostics
Key market players worldwideThermo Fisher Scientific Inc, Sartorius AG, Danaher Corp, Merck KGaA, HiMedia Laboratories, Bio-Techne Corp, PAN-Biotech GmbH, Atlas Biologicals, Inc., RMBIO, Biowest

Other key industry trends

  • In terms of revenue, Europe region accounted for 30.7% of the global fetal bovine serum market in 2023.
  • 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 1,127.9 million by 2030.

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Fetal Bovine Serum Market Companies

Name Profile # Employees HQ Website

Europe fetal bovine serum market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fetal bovine serum market will help companies and investors design strategic landscapes.


Vaccine production was the largest segment with a revenue share of 29.27% in 2023. Horizon Databook has segmented the Europe fetal bovine serum market based on drug discovery, in-vitro fertilization, vaccine production, cell-based research, diagnostics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Fetal Bovine Serum Application Outlook (Revenue, USD Million, 2018-2030)
    • Drug Discovery
    • In-vitro fertilization
    • Vaccine production
    • Cell-based research
    • Diagnostics
    • Others
  • Europe Fetal Bovine Serum End-user Outlook (Revenue, USD Million, 2018-2030)
    • Pharmaceutical & biotechnology companies
    • Contract Research Organizations (CRO)
    • Academic and research organizations
    • Others

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Target buyers of Europe fetal bovine serum market databook

  • Our clientele includes a mix of fetal bovine serum market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe fetal bovine serum market , including forecasts for subscribers. This continent databook contains high-level insights into Europe fetal bovine serum market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe fetal bovine serum market outlook size, by country, 2018-2030 (US$M)

Europe Fetal Bovine Serum Market Outlook Share, 2023 & 2030 (US$M)

Europe fetal bovine serum market outlook size, by country, 2018-2030 (US$M)

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