Market revenue in 2023 | USD 2,431.8 million |
Market revenue in 2030 | USD 3,593.8 million |
Growth rate | 5.7% (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 |
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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 50.42% in 2023. Horizon Databook has segmented the U.S. 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. has a comparatively larger share in the North America microbial cell culture market with bacterial media leading the market followed by yeast and fungal cell cultures. The U.S market is expected to grow at a steady pace due to availability of advanced technology.
Other factors that might help the market grow are increasing investments by multinational companies and extensive requirement of better food supplements & agricultural innovation.
The U.S market for microbial cell culture is expected to grow at a steady pace in the forecast years and is expected maintain its major market share owing to the increased demand for better food supplements like probiotics and processed foods.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. microbiology & bacterial culture for industrial testing market, including forecasts for subscribers. This country databook contains high-level insights into U.S. microbiology & bacterial culture for industrial testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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