Industrial Microbiology Market Manufacturers, Type, Application, Regions and Forecast to 2027
The increasing
demand for empty capsules and rising demand for microbial applications in the
development of vaccines are driving the demand for the market.
The global Industrial Microbiology Market is forecasted to be
worth USD 17.71 Billion by 2027, according to a current analysis by Emergen
Research. The global market for Industrial Microbiology is forecasted to
expand rapidly in the forecasted timeline. The growth can be attributed to the
increasing demand for empty capsules and the rising demand for microbial
applications in the development of vaccines. Due to fast accessibility and high
growth rate, microorganisms are favored sources for microbial enzymes.
Microbial cells can effectively create genetic changes using recombinant DNA
technology for accelerated enzyme production and scientific development.
However, it is anticipated that the high costs incurred in the
maintenance of the aseptic process and the manufacture of sterile products will
impede the development of the global market for industrial microbiology.
Market Size – USD 10.80 billion in 2019,
Market Growth - CAGR of 6.8 %, Market Trends – The rise in the new enzymes'
development.
The global Industrial
Microbiology market is highly
consolidated due to the presence of a large number of companies across this
industry. These companies are known to make hefty investments in research and
development projects. Also, they control a considerable portion of the overall
market share, thus limiting the entry of new players into the sector. The global Industrial Microbiology market report studies the prudent tactics
undertaken by the leading market players, such as partnerships and
collaborations, mergers & acquisitions, new product launches, and joint
ventures.
Global Europe Industrial Microbiology market competition by TOP MANUFACTURERS, with
production, price, and revenue (value) and market share for each manufacturer;
the top players including:
·
Key participants include 3M Company,
Danaher Corporation, Thermo Fisher Scientific, Inc., Eppendorf AG, Bio-Rad
Laboratories Inc., Becton Dickinson and Company, Merck KGaA, Sartorius AG,
Novamed Ltd, and BioMérieux SA, among others.
Emergen Research has segmented the global Industrial Microbiology
Market on the basis of product, type, end-use, and region:
Product
Outlook (Revenue, USD Billion; 2017-2027)
·
Reaction Consumables
·
Laboratory Supply
·
Equipment & Systems
Type
Outlook (Revenue, USD Billion; 2017-2027)
·
Microbial Limit Testing
·
Water & Environmental Testing
·
Sterility Testing
·
Bio-Burden Testing
·
Others
End-Use
Outlook (Revenue, USD Billion; 2017-2027)
·
Food & Beverages
·
Pharmaceuticals & Biotechnology
·
Agriculture
·
Others
Regional
Outlook (Revenue, USD Billion; 2017-2027)
·
North America
1.
U.S.
2.
Canada
3.
Mexico
·
Europe
1.
Germany
2.
UK
3.
France
4.
BENELUX
5.
Rest of Europe
·
Asia Pacific
1.
China
2.
Japan
3.
South Korea
4.
India
5.
Rest of APAC
·
Latin America
1.
Brazil
2.
Rest of LATAM
·
MEA
1.
Saudi Arabia
2.
UAE
3.
Rest of MEA
To
learn more details about the Industrial
Microbiology Market report, visit @ https://www.emergenresearch.com/industry-report/industrial-microbiology-market
·
In March 2020, Danaher Corporation
has completed the acquisition of the Life Sciences subsidiary of General
Electric Company. The corporation will be renamed Cytiva as part of Danaher,
which will be a separate operating entity within the Life Sciences division of
Danaher.
- During the forecast period, the sterility test
is anticipated to hold the largest market. Sterility testing is essential
for surgical devices, pharmaceutical products, drugs, skin materials, and
other products that tend to be sterile or free from viable microorganisms.
- During the forecast timeframe, North America
is anticipated to lead the market with a CAGR of 7.0%. The rapidly growing
manufacturing and healthcare sectors in the United States are fuelling the
growth of the market.
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