Microbiology & Bacterial Culture for Industrial Testing Market Worth USD 8.0 Billion By 2025: Grand View Research, Inc.
The global microbiology & bacterial culture for
industrial (food, water, bioenergy) testing market size is
expected to reach USD 8.0 billion by 2025, according to a new report by Grand
View Research, Inc. Growing concern pertaining to safety of feed supply
provided to livestock is recognized as a high impact rendering factor for
growth. Use of microorganisms for enhancing bioenergy reproducibility is
expected to gain ground in the future microbiology & bacterial culture
media & reagent market. This anticipated growth is attributed to the
ongoing research and studies to enhance the application of microbial cell
culture in biofuel production.
In addition, growing knowledge
pertaining to the significance of bacteria in agriculture and industrial
applications is expected to positively influence the progress of microbial cell
culture market for agricultural research. Microbial testing to verify
cleanliness or infestation of any pathogen in swab samples from a factory helps
maintain factory environment. Microbial tests, as a verification of finished
products, are required for product authorization. Microbiology food testing at
various stages of development is found to serve as high impact rendering
driver.
Browse full research report on
Microbiology
& Bacterial Culture for Industrial
In addition, various countries
are establishing risk management strategies that include new quality control
criteria as a preventive measure to curb outbreak of microbial infection. These
criteria incorporate sample checking in context to microbial parameters at
various stages of production to maintain quality and safety. This is
anticipated to directly translate into the growth in revenue for this market at
a larger level.
U.S. microbiology &
bacterial culture for industrial testing market, by application, 2014 - 2025
(USD Million)
Further key findings from the report suggest:
- Media is estimated
to account for the largest revenue share due to the availability of
ready-to-use and dehydrated media in customized forms
- Higher
adoption of bacteria in industrial production is attributed to larger
share of bacterial media
- Bacterial
media is anticipated to maintain its dominance over the forecast period as
a consequence of higher usage in the industrial bio production
- In 2016, food
testing was the largest revenue grossing segment of the applications of
microbiology culture media and reagents
- Large application
of these products for food and animal feed testing in order to ensure
quality of end product
- Animal feed
testing is anticipated to showcase lucrative growth over the study period
due to escalation in the outbreak of animal diseases caused due to the
consumption of contaminated feed
- North
American region holds a larger share in terms of revenue. A fair share can
be credited to the innovative technology available for processing media
and organisms required for bio-production
- The industry
in Asia Pacific is projected to exhibit potential progress in the coming
years as a consequence of various developments across major economies,
especially in the processed food industry
- Lately, many
multinational companies have shown huge interest in this region by investing
heavily in setting up new facilities and promoting distributor networks to
meet demand
- Key players
operating include Bio-Rad Laboratories, Inc., bioMérieux SA, Thermo Fisher
Scientific, Inc., Merck KGaA, Neogen Corporation, HiMedia Laboratories, Eiken
Chemical Co., Ltd.
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