North America Microbiology & Bacterial Culture For Industrial Testing Market Size & Outlook
North America microbiology & bacterial culture for industrial testing market, 2018-2030 (US$M)
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North America microbiology & bacterial culture for industrial testing market highlights
- The North America microbiology & bacterial culture for industrial testing market generated a revenue of USD 2,663.3 million in 2023.
- The market is expected to grow at a CAGR of 5.9% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,663.3 million |
| Market revenue in 2030 | USD 3,991.2 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Media |
| Fastest growing segment | Media |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 39.5% of the global microbiology & bacterial culture for industrial testing 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 3,015.1 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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North America 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 50.4% in 2023. Horizon Databook has segmented the North America microbiology & bacterial culture for industrial testing market based on media, reagents, sera covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. leads the market in North American region owing to the local presence of large number of biotechnology companies that operate in various fields of bioprocessing, like the production of biofuels, nutritional supplements, and agricultural advancements by cell culture.
Canada closely follows the U.S. in terms of innovation and use of technology and has a significant market presence in terms of microbial cell cultures. Many of the multinational companies have their manufacturing or processing plants situated in Canada and this is expected to boost the market in the forecast years.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America microbiology & bacterial culture for industrial testing market, including forecasts for subscribers. This continent databook contains high-level insights into North America microbiology & bacterial culture for industrial testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America microbiology culture market size, by country, 2018-2030 (US$M)
North America Microbiology & Bacterial Culture For Industrial Testing Market Share, 2023 & 2030 (US$M)
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