Microbiology Culture Market to exceed US$7.59 bn by 2023, Bacterial Culture Media to Lead Growth

Microbiology culture is the process of culturing microbiological organisms, wherein microorganisms are allowed to reproduce and multiply (grow in number) in a predetermined culture media and controlled laboratory conditions. Various culture methods with a vast range of culture media have been developed for the identification and characterization of microorganisms and are increasingly being used across the world. Presently, these microbiology cultures are used by microbiologists on a large scale in food, beverages, pharmaceuticals, research, cosmetics, and several other industries.

Key factors driving the global microbiology culture market are high demand for improved antibiotics, increasing food microbiology, rising life science research funding, and high prevalence of foodborne and other infectious diseases. Moreover, the microbiology culture market is witnessing strong growth due to rising food safety concerns, increasing number of food recalls, evolving pathogens, growing press coverage and public awareness, and increasing demand in other industries. Additionally, the industry is expected to expand at a rapid rate due to increased food sourcing due to rise in global food demand and supply. This, in turn, would require advanced culture methods and media for fast and accurate microbial analysis. Microbiology culture methods are the principal diagnostic methods used to determine the cause of infectious diseases by culturing the pathogen in a preset medium.

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Based on culture type, the global microbiology culture market has been segmented into bacterial culture and eukaryotic culture. The bacterial culture media segment accounted for the larger share of the global microbiology culture market in 2014. Moreover, the segment is expected to continue its dominance during the forecast period from 2015 to 2023 due to increasing application in food microbiology, pharmaceuticals, and disease research. Eukaryotic culture constitutes yeast cultures, eukaryotic algal cultures, and others.

Based on culture media, the microbiology culture market has been categorized into four major segments: simple, complex, synthetic, and special culture media. Complex media held the largest share of the global microbiology culture market in 2014, followed by special media. Demand for complex media is likely to witness continuous growth during the forecast period as it provides full range of growth factors required to cultivate unknown bacteria or bacteria whose nutritional requirement are complex. The special media segment includes differential and selective forms of culture media that specifically support growth of certain forms of microorganisms and not the others.

The global microbiology culture market was valued at US$4.51 bn in 2014 and is anticipated to reach US$7.59 bn by 2023, expanding at a CAGR of 5.9% during the forecast period from 2015 to 2023.

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The microbiology culture market has grown significantly in the last few decades in terms of demand in various end-user industries. Academia, clinical research organizations, and commercial end-user industries such as pharmaceutical, cosmetics, and food and beverage are providing impetus to the global microbiology culture market. The increasing potential of bioprocessing and biopharmaceutical applications has driven demand for microbiology culture media products.

Key players profiled in the report include Becton, Dickinson and Company, bioMérieux S.A., Bio-Rad Laboratories, Inc., Eiken Chemical Co, Ltd., EMD (Merck) Millipore, Hi-Media Laboratories Pvt. Ltd., Neogen Corporation, Sigma-Aldrich Co. LLC, Scharlab S.L., and Thermo Fisher Scientific, Inc.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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