Microbial Products Market 2018 by Manufacturers – Pfizer Inc, Ajinomoto Co, Sanofi, Novartis AG, Amgen Inc

Microbial products are produced by microbes such as a bacteria, yeast, or fungus. Medicinal microbiology include production of enzymes, antibiotics, nutrients such as amino acids, vitamins, and organic acids, chemotherapeutic agents, vaccines etc. Some of the applications of microbial products are manufacturing of solvents and reagents such as ethanol, lactic acid, butanol etc. Synthesis of amino acids such as are L-Methionine, L-Lysine, L-Tryptophan, L-Glutamic acid etc. are another use of industrial microbiology for production of microbial products.

According to a recent study published by the Market Research Future analysts, the Global Microbial Products Market is growing at a moderate rate. The market for microbial products is driven mainly due to growing prevalence of diseases, rising demand for healthcare nutrients such as vitamins, rising rates of cancers, rising demand for diagnostics microbial products, rise of lifestyles industry recommending many of these products etc.

On the other hand, there are certain hurdles for the growth of this market. The highly fragmented nature of the industry, pressures on profits due to cut throat competition, secrecy surrounding the fermentation process, substandard low quality producers operating from unknown locations are some of the factors that may hinder the growth of the microbial products market in the near future..

Global Microbial Products Market - Competitive Analysis

The global market consist of players such as Amgen Inc. (U.S.), Merck & Co. Inc. (U.S.), Valent BioSciences LLC (U.S.), GlaxoSmithKline plc (U.K.), Pfizer Inc. (U.S.), bioMérieux SA (France), Ajinomoto Co. Inc. (Japan), Sanofi (France), Novartis AG (Switzerland), NovaDigm Therapeutics (U.S.), Kyowa Hakko Bio Co., Ltd. (Japan), and others. These are the prominent players at the forefront of competition in the global microbial products market and are profiled in MRFR Analysis report.

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Global Microbial Products Market Report: Applications

Application of Microbial products varies different for the end user industries. Agriculture sector is the biggest consumer for the microbial and the application includes in the segment of pesticides, fertilizers and animal feed additives. In the pesticides segment it is been used as fungi, bacteria, protozoa among other followed by in fertilizers segment it is been used as nitrogen fertilizers, phosphorus among others. Other industries includes healthcare where it is used in technology, in the manufacturing industry it is been used as food processing where it includes baking, brewing among others. In the energy sector it is been used as biofuels production. In the environment market its uses are in the segment of environmental monitoring and bioremediation.

Regional Analysis

North America is a leading player in the market of Microbial product with the aggregate market share followed by the Europe region. Countries in the North America such as the US and Canada is having more control over their domestic market for agriculture, healthcare, manufacturing and others. This countries are well developed in the above segment and using the microbial products from very long time. Europe region is having market share and countries like Germany, UK are well established in the industry of healthcare and agriculture, and also consumes the microbial products in very large quantity.

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The fastest growing market for the Microbial products is the Asia Pacific as this region holds the more than 41% of global population and having both developed countries as well as developing countries. China and Asia which are under the developing phase is becoming the biggest market for microbial products as most of the population of this countries are dependent on the agriculture and microbial market is dominated by the agriculture industry.

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