Germany Microbiology & Bacterial Culture For Industrial Testing Market Size & Outlook
Germany microbiology & bacterial culture for industrial testing market, 2018-2030 (US$M)
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Germany microbiology & bacterial culture for industrial testing market highlights
- The Germany microbiology & bacterial culture for industrial testing market generated a revenue of USD 350.2 million in 2023 and is expected to reach USD 512.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.6% 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 350.2 million |
| Market revenue in 2030 | USD 512.1 million |
| Growth rate | 5.6% (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, Germany accounted for 5.2% 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 Europe, UK microbiology & bacterial culture for industrial testing market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 721.1 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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Germany 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 52.23% in 2023. Horizon Databook has segmented the Germany microbiology & bacterial culture for industrial testing market based on media, reagents, sera covering the revenue growth of each sub-segment from 2018 to 2030.
Germany occupies a large share for the microbial cell culture market in Europe owing to the increasing consumption of fermented and processed foods and local presence of many biotechnology companies that culture yeast & bacteria, especially for their use in food, cosmetics, and agricultural improvement.
Germany’s market is also aided by the presence of high number of collection centers that supply microorganisms for various purposes. Studies suggest that about one third of food consumed by the Germans is fermented owing to advantages like better hygiene and low calories.
Forecast years are set to witness a steady growth in the usage of microbial cultures in fermented foods and cosmetics because there is an increasing demand for better food, improved crops, and natural cosmetics.
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Target buyers of Germany 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 Germany microbiology & bacterial culture for industrial testing market, including forecasts for subscribers. This country databook contains high-level insights into Germany microbiology & bacterial culture for industrial testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany microbiology culture market size, by consumable, 2018-2030 (US$M)
Germany Microbiology & Bacterial Culture For Industrial Testing Market Share, 2023 & 2030 (US$M)
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