Brazil Microbiology & Bacterial Culture For Industrial Testing Market Size & Outlook
Brazil microbiology & bacterial culture for industrial testing market, 2018-2030 (US$M)
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Brazil microbiology & bacterial culture for industrial testing market highlights
- The Brazil microbiology & bacterial culture for industrial testing market generated a revenue of USD 103.9 million in 2023 and is expected to reach USD 164.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.8% 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 2023 | USD 103.9 million |
| Market revenue in 2030 | USD 164.7 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Media |
| Fastest growing segment | Media |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Media, Reagents, Sera |
| Key market players worldwide | Bio-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, Brazil accounted for 1.5% 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 Latin America, Brazil microbiology & bacterial culture for industrial testing market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 51.1 million by 2030.
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Microbiology & Bacterial Culture For Industrial Testing Market Scope
Microbiology & Bacterial Culture For Industrial Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 49.66% in 2023. Horizon Databook has segmented the Brazil microbiology & bacterial culture for industrial testing market based on media, reagents, sera covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil’s market is expected to grow at a good pace in the forecast years owing to the investments by many companies for manufacturing of food products and cosmetics and by the government for improving biofuels and agricultural resources in order to meet the ever growing demand.
Brazil is said to be lagging in the area of regulating for usage and safety of food and cosmetic supplements. Reports suggest that when compared to the standards set in the U.S. and Europe, Brazil is yet to implement a formal legislation in regards to functional foods.
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Target buyers of Brazil microbiology & bacterial culture for industrial testing market databook
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Our clientele includes a mix of microbiology & bacterial culture for industrial testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil microbiology & bacterial culture for industrial testing market, including forecasts for subscribers. This country databook contains high-level insights into Brazil microbiology & bacterial culture for industrial testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil microbiology culture market size, by consumable, 2018-2030 (US$M)
Brazil Microbiology & Bacterial Culture For Industrial Testing Market Share, 2023 & 2030 (US$M)
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