Industrial Microbiology Market is anticipated to reach a valuation of US$ 21.56 Billion by 2031

ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) report forecasts the global industrial microbiology market to exhibit steady growth, surpassing a valuation of US$ 13,3072.73 Mn by 2021-end.

Growing application of industrial microbiology within pharmaceutical and food & beverage industry across China, the U.S., Germany and India will bolster the demand of industrial microbiology across the globe.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/REP-GB-1743

As per the FMI’s analysis, the industrial microbiology market across the U.S. and India is anticipated to expand at an impressive rate over the forecast period.

Growing adoption of sterility and bio-burden testing within pharmaceutical industry will foster the sales of industrial microbiology products.

Increasing research and development activities along with the increasing drug development within biopharmaceutical industry across the U.S., France, and India will bolster the market growth in the upcoming decade.

Increasing applications in pharmaceutical excipients have encouraged the adoption of sterility and bio-burden testing for the quality testing of drugs and micro-organisms. However, dearth of skilled labor and high cost production is likely to hamper the growth of industrial microbiology.

Due to unprecedented outbreak of COVID-19, sales of industrial microbiology declined by 1.95%, exhibiting a CAGR at 4.95% during the forecast period.

However, with rising initiatives to reduce the pollution and improve the wastewater treatment efficiency, industrial microbiology market valuation will reach US$ 21,566.24 Mn by 2031.

Download PDF Brochure of the Report - https://www.futuremarketinsights.com/reports/brochure/rep-gb-1743

Key Takeaways from FMI’s Industrial Microbiology Market Study

- Pharmaceutical industry is anticipated to be the primary end-user of industrial microbiology market
- Sterility testing is the most preferred test type among the key players backed by the increased application in pharmaceutical industry
- Increasing application of industrial microbiology in food & beverages is expected to foster the sales, especially across the U.S. and India
- In terms of product, reaction consumables is expected to lead the segment over the forecast period
- India is expected to emerge as a lucrative market owing to the expansion of healthcare industry and growing application in pharmaceutical industry
- Germany is anticipated to be the most lucrative country, accounting for over 31% of global market share
- China is anticipated to lead the East Asia’s market during the forecast period, registering a stellar growth during the assessment period
- The U.S. is estimated to be the largest market for industrial microbiology market attributed to the growing consumers demand and surge in adoption of sterility testing in pharmaceutical industry

Competitive Landscape

Future Market Insights, in its updated report, have profiled prominent players operating in industrial microbiology market which include Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Asiagel Corporation, Eppendorf AG, bioMérieux SA, Novamed., QIAGEN, Sartorius AG, 3M, Merck KGaA and Danaher Corporation among others.

Manufacturers of industrial microbiology systems are actively focusing on expanding their product portfolios to improve their revenue generation. As per FMI, the market is dominated by top players such as Thermo Fisher Scientific Inc. and BioMerieuxx Inc. making the market consolidated.

Read Full Report - https://www.futuremarketinsights.com/reports/industrial-microbiology-market

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.