Australia Microbiology & Bacterial Culture For Industrial Testing Market Size & Outlook

The microbiology & bacterial culture for industrial testing market in Australia is expected to reach a projected revenue of US$ 229.3 million by 2030. A compound annual growth rate of 10.1% is expected of Australia microbiology & bacterial culture for industrial testing market from 2024 to 2030.
Revenue, 2023 (US$M)
$116.9
Forecast, 2030 (US$M)
$229.3
CAGR, 2024 - 2030
10.1%
Report Coverage
Australia

Australia microbiology & bacterial culture for industrial testing market, 2018-2030 (US$M)

Australia

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Australia microbiology & bacterial culture for industrial testing market highlights

  • The Australia microbiology & bacterial culture for industrial testing market generated a revenue of USD 116.9 million in 2023 and is expected to reach USD 229.3 million by 2030.
  • The Australia market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
  • In terms of segment, media was the largest revenue generating consumable in 2023.
  • Media is the most lucrative consumable segment registering the fastest growth during the forecast period.


Microbiology & bacterial culture for industrial testing market data book summary

Market revenue in 2023USD 116.9 million
Market revenue in 2030USD 229.3 million
Growth rate10.1% (CAGR from 2023 to 2030)
Largest segmentMedia
Fastest growing segmentMedia
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMedia, Reagents, Sera
Key market players worldwideBio-Rad Laboratories Inc, New England Biolabs, Thermo Fisher Scientific Inc, Merck KGaA, Neogen Corp, Eiken Chemical Co Ltd, ATCC, Titan International Inc, HiMedia Laboratories, Hardy Diagnostics


Other key industry trends

  • In terms of revenue, Australia accounted for 1.7% of the global microbiology & bacterial culture for industrial testing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan microbiology & bacterial culture for industrial testing 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 627.2 million by 2030.

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Microbiology & Bacterial Culture For Industrial Testing Market Companies

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Australia microbiology & bacterial culture for industrial testing 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 microbiology & bacterial culture for industrial testing market will help companies and investors design strategic landscapes.


Media was the largest segment with a revenue share of 48.25% in 2023. Horizon Databook has segmented the Australia microbiology & bacterial culture for industrial testing market based on media, reagents, sera covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Australia microbiology & bacterial culture for industrial testing market databook

  • Our clientele includes a mix of microbiology & bacterial culture for industrial testing 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 country-level data and insights on the Australia microbiology & bacterial culture for industrial testing market, including forecasts for subscribers. This country databook contains high-level insights into Australia microbiology & bacterial culture for industrial testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia microbiology culture market size, by consumable, 2018-2030 (US$M)

Australia Microbiology & Bacterial Culture For Industrial Testing Market Share, 2023 & 2030 (US$M)

Australia microbiology culture market size, by consumable, 2018-2030 (US$M)

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