U.S. Microbiology & Bacterial Culture For Industrial Testing Market Size & Outlook
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U.S. microbiology & bacterial culture for industrial testing market highlights
- The U.S. microbiology & bacterial culture for industrial testing market generated a revenue of USD 2,431.8 million in 2023 and is expected to reach USD 3,593.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, media was the largest revenue generating consumable in 2023.
- Media is the most lucrative consumable segment registering the fastest growth during the forecast period.
Microbiology & bacterial culture for industrial testing market data book summary
| Market revenue in 2023 | USD 2,431.8 million |
| Market revenue in 2030 | USD 3,593.8 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Media |
| Fastest growing segment | Media |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Media, Reagents, Sera |
| Key market players worldwide | Bio-Rad Laboratories Inc, New England Biolabs, Thermo Fisher Scientific Inc, Merck KGaA, Neogen Corp, Eiken Chemical Co Ltd, ATCC, Titan International Inc, HiMedia Laboratories, Hardy Diagnostics |
Other key industry trends
- In terms of revenue, U.S. accounted for 36.1% of the global microbiology & bacterial culture for industrial testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. microbiology & bacterial culture for industrial testing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 397.4 million by 2030.
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Microbiology & Bacterial Culture For Industrial Testing Market Scope
Microbiology & Bacterial Culture For Industrial Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hardy Diagnostics | View profile | 251-500 | Santa Maria, California, United States, North America | http://www.hardydiagnostics.com/ |
| HiMedia Laboratories | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | https://www.himedialabs.com/HML/Pages/default.aspx |
| ATCC | View profile | 501-1000 | Manassas, Virginia, United States, North America | https://www.atcc.org/en.aspx |
| Eiken Chemical Co Ltd | View profile | 1106 | 4-19-9 Taito, Taito-ku, Tokyo, Japan, 110-8408 | http://www.eiken.co.jp |
| Titan International Inc | View profile | 6900 | 1525 Kautz Road, Suite 600, West Chicago, IL, United States, 60185 | https://www.titan-intl.com |
| New England Biolabs | View profile | 501-1000 | Ipswich, Massachusetts, United States, North America | http://neb.com |
| Neogen Corp | View profile | 2640 | 620 Lesher Place, Lansing, MI, United States, 48912 | https://www.neogen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
U.S. microbiology & bacterial culture for industrial testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microbiology & bacterial culture for industrial testing market will help companies and investors design strategic landscapes.
Media was the largest segment with a revenue share of 50.42% in 2023. Horizon Databook has segmented the U.S. microbiology & bacterial culture for industrial testing market based on media, reagents, sera covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. has a comparatively larger share in the North America microbial cell culture market with bacterial media leading the market followed by yeast and fungal cell cultures. The U.S market is expected to grow at a steady pace due to availability of advanced technology.
Other factors that might help the market grow are increasing investments by multinational companies and extensive requirement of better food supplements & agricultural innovation.
The U.S market for microbial cell culture is expected to grow at a steady pace in the forecast years and is expected maintain its major market share owing to the increased demand for better food supplements like probiotics and processed foods.
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Target buyers of U.S. microbiology & bacterial culture for industrial testing market databook
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Our clientele includes a mix of microbiology & bacterial culture for industrial testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. microbiology & bacterial culture for industrial testing market, including forecasts for subscribers. This country databook contains high-level insights into U.S. microbiology & bacterial culture for industrial testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. microbiology culture market size, by consumable, 2018-2030 (US$M)
U.S. Microbiology & Bacterial Culture For Industrial Testing Market Share, 2023 & 2030 (US$M)
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