Press release
Industrial Microbiology Market worth $29.46 billion by 2030, growing at a CAGR of 8.11% - Exclusive Report by 360iResearch
The "Industrial Microbiology Market by Product Type (Consumables, Equipment & Systems, Laboratory Supplies), Test Type (Bio-Burden Testing, Microbial Limits Testing, Sterility Testing), Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Industrial Microbiology Market to grow from USD 17.06 billion in 2023 to USD 29.46 billion by 2030, at a CAGR of 8.11%.
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Industrial microbiology involves the use of microorganisms for the production of industrial products in large quantities. It applies scientific and engineering principles to the processing of biological samples and materials by microorganisms to create useful products. An integral part of the bio-economy, industrial microbiology contributes to the development of new technologies and products that impact various sectors, including pharmaceuticals, food and beverages, and biofuels, among others. The demand for industrial microbiology is influenced by diverse factors, such as increasing government support for bio-based products and the growing necessity for renewable energy sources. The industry also encompasses the production of enzymes, antibiotics, and biopesticides and the process of fermentation to produce beer, wine, and cheese. However, the possibility of process contamination and the need for precise control of environmental parameters complicate industrial microbiology's production and manufacturing processes. Additionally, a lack of skilled research and technical personnel poses challenges to the optimum operation of machinery, equipment, and microbiological processes. However, manufacturers are investing efforts in imposing stringent quality control strategies and exploring the integration of advanced technologies such as AI, IoT, and robotics to reduce the chances of manual error. Furthermore, continual advancements in molecular biology, genomics, and proteomics have greatly enhanced the capabilities and applications of industrial microbiology.
Industrial microbiology is well embedded in the pharmaceutical and agriculture sectors in the Americas. Major producers include the U.S. and Canada, where several multinational biotech companies are headquartered. This region has shown rapid growth due to the heavy investment in research and development. Authorities such as the Food and Drug Administration (FDA) and Health Canada are working on providing approvals for advanced industrial microbiology equipment and tests in the region. Asia holds a considerable market share in the industrial microbiology market, with the primary users being India and China, where sectors such as healthcare, food & beverages, and agriculture are major contributors. The region has seen advancements due to the increased use of biotechnological processes in manufacturing. The European region, including Germany, the UK, and France, makes substantial use of industrial microbiology, majorly in the pharmaceutical and food & beverage sectors. Investments in research & development and the presence of established biotech companies make Europe a strong player. Guidelines by the European Medicines Agency (EMA) and European Food Safety Authority (EFSA) enable the building of a safe and secure market for industrial microbiology that can cater to various industrial standards.
Market Segmentation & Coverage:
This research report categorizes the Industrial Microbiology Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product Type, market is studied across Consumables, Equipment & Systems, and Laboratory Supplies. The Consumables is further studied across Media and Reagents & Strains. The Equipment & Systems is further studied across Air Monitoring Systems, Automated Equipment, Filtration Pumps & Systems, Incubators & Culture Apparatus, and Microbial Detection Systems. The Laboratory Supplies is further studied across Bags & Bottles, Filtration Disc & Membranes, Loop & Needles, and Petri Dishes, Racks, Seals, Plates & Holders. The Consumables commanded largest market share of 42.45% in 2023, followed by Laboratory Supplies.
Based on Test Type, market is studied across Bio-Burden Testing, Microbial Limits Testing, Sterility Testing, and Water & Environmental Testing. The Sterility Testing commanded largest market share of 22.67% in 2023, followed by Bio-Burden Testing.
Based on Application, market is studied across Agricultural, Cosmetic or Personal Care, Environmental, Food & Beverage, Pharmaceutical & Biotechnology, and Wastewater & Sewage Treatment. The Pharmaceutical & Biotechnology commanded largest market share of 35.16% in 2023, followed by Agricultural.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.28% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Industrial Microbiology Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Industrial Microbiology Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Industrial Microbiology Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Agilent Technologies, Inc., Asiagel Corporation, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., BioMerieux SA, bNovate Technologies SA, Bruker Corporation, Charles River Laboratories International, Inc., Condalab, Corning Incorporated, Cysal GmbH, Danaher Corporation, ELITechGroup Inc., Eppendorf SE, Fujifilm Holdings Corporation, HiMedia Laboratories Private Limited, HyLabs Ltd., Merck KGaA, Microbe Investigations AG, Novamed, Ltd. by Simplivia Healthcare Ltd., Qiagen N. V., Reshape ApS, Sartorius AG, Solenis LLC, Sporian Microsystems Inc., SSI Diagnostica A/S, Sysmex Corporation, Thermo Fisher Scientific Inc., and Vermicon AG.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Industrial Microbiology Market, by Product Type
7. Industrial Microbiology Market, by Test Type
8. Industrial Microbiology Market, by Application
9. Americas Industrial Microbiology Market
10. Asia-Pacific Industrial Microbiology Market
11. Europe, Middle East & Africa Industrial Microbiology Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Industrial Microbiology Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Industrial Microbiology Market?
3. What is the competitive strategic window for opportunities in the Industrial Microbiology Market?
4. What are the technology trends and regulatory frameworks in the Industrial Microbiology Market?
5. What is the market share of the leading vendors in the Industrial Microbiology Market?
6. What modes and strategic moves are considered suitable for entering the Industrial Microbiology Market?
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