Global Microbiology & Bacterial Culture For Industrial Testing Market Size & Outlook
Global microbiology & bacterial culture for industrial testing market, 2018-2030 (US$M)
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Global microbiology & bacterial culture for industrial testing market highlights
- The global microbiology & bacterial culture for industrial testing market generated a revenue of USD 6,737.9 million in 2023 and is expected to reach USD 11,125.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.4% by 2030.
- In terms of segment, media accounted for a revenue of USD 3,390.8 million in 2023.
- Sera is the most lucrative consumable segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,737.9 million |
| Market revenue in 2030 | USD 11,125.8 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Media |
| Fastest growing segment | Sera |
| 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 |
Other key industry trends
- In terms of revenue, the North America accounted for 39.5% of the global microbiology & bacterial culture for industrial testing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 184.8 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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Global 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 50.32% in 2023. Horizon Databook has segmented the Global microbiology & bacterial culture for industrial testing market based on media, reagents, sera covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Microbiology & Bacterial Culture For Industrial Testing Consumable Outlook (Revenue, USD Million, 2018-2030)
- Media
- Bacterial
- Fungi & Algae
- Others
- Reagents
- Bacterial
- Others
- Sera
- Media
- Global Microbiology & Bacterial Culture For Industrial Testing Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Water Testing
- Food
- Animal Feed
- Water Testing
- Bioenergy & Agricultural Research
- Others
- Food & Water Testing
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Target buyers of Global 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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Horizon Databook provides a detailed overview of global-level data and insights on the Global microbiology & bacterial culture for industrial testing market, including forecasts for subscribers. This global databook contains high-level insights into Global microbiology & bacterial culture for industrial testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global microbiology culture market size, by regions, 2018-2030 (US$M)
Top 10 countries: Microbiology culture market size, 2023 (US$M)
Global microbiology culture market share, by consumable, 2023 & 2030 (%, US$M)
Microbiology & bacterial culture for industrial testing market: Opportunity assessment by country
Global microbiology & bacterial culture for industrial testing market, by region, 2023 (US$M)
| Consumable | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,676.4 | 1,850.3 | 2,036.4 | 2,234.1 | 2,443.5 | 2,663.3 | 2,890.8 | 3,105.4 | 3,305.5 | 3,495.8 | 3,670.4 | 3,836.0 | 3,991.2 | 6.0% |
| Europe | 1,270.8 | 1,406.6 | 1,553.5 | 1,711.7 | 1,881.7 | 2,062.1 | 2,253.6 | 2,437.5 | 2,615.1 | 2,785.5 | 2,946.4 | 3,100.0 | 3,250.1 | 6.7% |
| Asia Pacific | 888.1 | 981.8 | 1,085.9 | 1,202.2 | 1,332.4 | 1,479.7 | 1,647.8 | 1,825.2 | 2,024.1 | 2,240.4 | 2,482.3 | 2,741.6 | 3,015.1 | 10.7% |
| Latin America | 177.4 | 196.5 | 217.2 | 239.3 | 262.8 | 287.7 | 314.1 | 339.6 | 364.6 | 389.2 | 413.5 | 437.4 | 460.8 | 7.0% |
| MEA | 147.2 | 163.9 | 182.0 | 201.6 | 222.5 | 245.0 | 269.0 | 292.6 | 316.2 | 339.7 | 363.1 | 385.7 | 408.7 | 7.6% |
| Overall | 4,159.9 | 4,599.0 | 5,074.8 | 5,588.9 | 6,142.8 | 6,737.9 | 7,375.2 | 8,000.3 | 8,625.4 | 9,250.5 | 9,875.6 | 10,500.7 | 11,125.8 | 7.4% |
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