The Global Industrial Microbiology Market Revenue is expected to be worth more than US$ 21.56 billion by 2031. The market is expected to develop at a CAGR of 4.95% between 2021 and 2031, owing to increased applications of industrial microbiology in agriculture, cosmetics, pharmaceuticals, and food & beverages.
The growing need for food safety and hygiene will stimulate product quality improvement. As a result of this, the emphasis on product quality across various industries has prompted manufacturers to emphasise the use of sterility and safety testing to ensure product quality. This is projected to boost sales of industrial microbiology in the future years.
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Several major firms are focusing on new introductions as a result of continually expanding demand. For example, BioMerieuxx, a market leader in industrial microbiological control, introduced ENDOZYME® II GO, a novel endotoxin test in the BioMerieuxx ENDONEXTTM family of recombinant horseshoe crab Factor C assays, in 2018.
Focus on medicine research and rising need for pathogen testing in food goods are also creating sales prospects.
According to the Association of British Pharmaceutical Industry (ABPI), investment in research and development activities aimed at improving industrial microbiology products has resulted in increased healthcare spending.
According to the ABPI, pharmaceutical sector investment totalled US$ 156.7 billion in 2016 and is expected to rise in the next years, offering significant opportunities for market expansion.
Stringent laws on the use of antimicrobial food additives, as well as favourable policies, are encouraging the use of sterility testing. As a result, demand for industrial microbiology is increasing.
For example, in 2020, the US Food and Drug Administration and the US government made sterility testing and bio-burden testing mandatory for industries to check the toxicity level of a drug or additives. The implementation of tough laws such as these will generate prospects for market growth.
“Rising usage of microorganisms in syrup formulations has improved adoption of sterility and bio-burden testing. Growing demand for pathogen testing in the food sector and increasing drug development are creating opportunities for market growth,” said a Future Market Insights (FMI) analyst.
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Key Takeaways from Industrial Microbiology Market:
- The US is dominating North America industrial microbiology market owing to expansion of pharmaceutical and biotechnology industry in the country.
- China is estimated to account for leading share in the East Asia industrial microbiology market.
- India is emerging as most lucrative market in South Asia due to increasing research and development activities within pharmaceutical industry
- By product type, reaction consumables are anticipated to account for the maximum market share during the forecast period.
- By test type, sterility test type in industrial microbiology market is highly sought-after due to its increasing application in food, beverage and pharmaceutical industries for quality check of products.
- By end-user, pharmaceutical and biotechnology segment is expected to register increasing demand in coming years.
Growth Drivers:
- Increasing research and development activities in pharmaceutical industry and focus on drug development are propelling industrial microbiology market growth.
- Expansion food and beverage industry and focus on ascertaining quality of food products to offer clearer ingredient list are boosting growth of industrial microbiology.
- Increasing applications is testing quality of syrup formulations will fuel demand in pharmaceutical and biotechnology sector.
- Expansion of pharmaceutical industry and increasing preference for automation are bolstering adoption of sterility testing within the pharmaceutical industry.
Competitive Landscape
Key players operating in the global industrial microbiology market are focusing on expanding their businesses and their overall market share. For instance,
In 2019, Aberdeen-based microbiology, and biological material storage company NCIMB Ltd collaborated with German distributor Doenitz Prolab to expand their consumer base and to provide microbiology products and services.
Key players operating in the global industrial microbiology market include:
- Thermo Fisher Scientific Inc.
- Bio-Rad laboratories Inc.
- Becton, Dickinson and Company
- Asiagel Corporation
- Eppendorf AG
- BioMerieuxx SA
- Novamed
- QIAGEN
- Sartorius AG
- 3M
- Merck KGaA
- Danaher Corporation
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More Insights on the Global Industrial Microbiology Market
FMI provides an unbiased analysis of the global industrial microbiology market, presenting historical demand data (2016 to 2020) and forecast statistics for the period from 2021 to 2031. The study divulges compelling insights on the global sales of industrial microbiology market with a detailed segmentation on the basis of:
Product Type:
- Equipment and Systems
- Filtration Pumps and Systems
- Microbial Detection Systems
- Air Monitoring Systems
- Automated Equipment
- Incubators and Culture Apparatus
- Others
- Reaction Consumables
- Media
- Simple Media
- Complex Media
- Defined Media
- Specialty Media
- Reagents and Strains
- Others
- Laboratory Supplies
- Bags and Bottles
- Loop and Needles
- Petri Dishes, Racks, Seals, Plates and Holders
- Filtration Disc and Membranes
- Others
By End User:
- Pharmaceuticals and Biotechnology
- Food and Beverages
- Agriculture and Environmental
- Personal Care Products
By Test Type:
- Sterility Testing
- Microbial Limits Testing
- Bio-burden Testing
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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