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Microbiology Culture Market to Reach US$7.59 bn due to Increasing Life Science Research Funding Globally

12-29-2016 02:31 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Microbiology Culture Market to Reach US$7.59 bn due

Microbial culture is a procedure of to multiplying microbial organisms by allowing them to reproduce in a specific culture media within a controlled laboratory environment. These cultures are utilized for determining the kind of organism or its quantity within the sample tested or both. This method is amongst the major microbiology-based diagnostic methods of microbiology and is utilized as a tool for determining the cause of a particular infectious disease. At present, a number of microbiology cultures are being employed by microbiologists extensively within industries such as beverages, food, life sciences research, pharmaceuticals, cosmetics, research, and others.

Interpret the Current Market Trends of Microbiology Culture at: http://www.transparencymarketresearch.com/microbiology-culture-market.html

The report states that the rising demand for antibiotics and the increasing life science research funding are amongst the key factors fuelling the growth of the market for microbiology culture. In addition, the increasing occurrence of infectious and food-borne diseases will also augment the growth of the market. Furthermore, the market is experiencing robust growth owing to the increasing concerns on regarding food safety, the evolving pathogens, the rising count of food recalls, and the increasing public awareness. The market is poised to expand rapidly owing to the rising need for food sourcing owing to the increasing supply and demand for food globally. On the other hand, the soaring costs involved in numerous kinds of media may impede the growth of the market in the forthcoming years.

In terms of culture type, the report segments the market into eukaryotic culture and bacterial culture. The segment of eukaryotic culture is further segmented into eukaryotic algal cultures, yeast cultures, and others. Amongst these, in 2014, the segment of bacteria culture media led the market and is predicted to maintain its dominance throughout the forecast horizon. This is owing to its increasing usage in pharmaceuticals, disease research, and food microbiology.

By media type, the market is segmented into complex media, simple media, special media, and synthetic media. Amongst these, in 2014, the segment of media complex media dominated the market for microbiology culture and was trailed by the segment of special media. The segment of media complex media will continue to maintain its superiority throughout the forecast horizon owing to its characteristics of offering a full range of development factors needed for the cultivation of nutritionally complex bacteria or any kind of unknown bacteria.

Geographically, the report segments the market into Europe, Latin America, North America, Asia Pacific, the Middle East, and Rest of the World (RoW). Amongst these, in 2014, the North America microbiology culture market held the largest share in the market on the basis of revenue and was trailed by Europe. North America will continue to lead by the end of the forecast period owing to the dominance of various biopharmaceutical companies in this region. On the other hand, Asia Pacific is predicted to exhibit the greatest growth rate in the forecast horizon owing to rising food safety measures and the increasing demand for antibiotics in this region.

Obtain the Forthcoming Market Trends of Microbiology Culture at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3232

As mentioned in the study, the chief players in the market are Becton, Dickinson and Company, Eiken Chemical Co, Ltd., Neogen Corporation, Sigma-Aldrich Co., Thermo Fisher Scientific, Inc., and LLC, Scharlab S.L., among others.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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