Cell Culture Media Storage Containers Market Size, Share & Trends Analysis Report By Product (Storage Bags, Storage Bottles), By Application (Biopharmaceutical Production, Diagnostics), By End-use, By Region, And Segment Forecasts, 2023 - 2030

Market Size & Trends

The global cell culture media storage containers market size was estimated at USD 1.76 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 12.23% from 2023 to 2030. Major growth factors for the market for global cell culture media storage containers include rising demand for biologics along with cell-based therapies, and an increase in chronic diseases. Furthermore, the biopharmaceutical market is experiencing an increase in the need for media storage solutions for applications such as decontamination, large-scale purification, cell storage, and others, thus, propelling the market growth.

The COVID-19 outbreak is projected to boost demand for cell culture medium storage containers, as companies in the pharmaceutical and healthcare sectors put an emphasis on high-quality and secure packaging and storage solutions. Furthermore, an increase in the number of studies and research conducted during the pandemic to produce vaccines and drugs to combat the pandemic is driving demand for cell culture media storage containers.

The biopharmaceutical industry depends heavily on cell culture techniques for producing vaccines, monoclonal antibodies, and recombinant proteins. These processes require large cell culture media storage to support the production. As the biopharmaceutical sector grows, the demand for cell culture media containers is also expected to increase. Moreover, the increasing R&D projects and activities in the biopharmaceutical market are anticipated to drive the demand for the storage containers market. According to the article published by the Congressional Budget Office in April 2021, around USD 83 million was spent on biopharmaceutical research & development activities in 2019. In May 2019, Under Operation Warp Speed, over USD 19 billion was provided by the federal government to develop a vaccine for COVID-19. Thus, increased spending on R&D activities has fueled the market growth.

Furthermore, the widespread availability of technologically improved containers, as well as an increased emphasis on manufacturers building novel containers, is expected to fuel the global market. Improved materials, optimized closures, and expanded features for simplicity of use, sterility, and scalability are among the key developments. Containers of various shapes, sizes, features, and colors are available from market leaders. For instance, Corning Inc. provides break-resistant, leak-proof, & freezer-safe bottles in a variety of sizes. VWR International also offers polycarbonate and polystyrene bottles in a variety of shapes, including square, octagonal, and circular. Container design improvements by industry participants are projected to boost market expansion. For instance, in October 2022, Single Use Support GmbH, an Austrian solution provider, expanded its product offering with new single-use bioprocess bags using the brand name IRIS. The single-use bags are employed in important process phases such as drug ingredient preservation, filling and draining, freezing and thawing, storage, and transportation.

Increased R&D activities in the biopharmaceutical industries are projected to boost market expansion. According to the data provided by the India Brand Equity Foundation, there were around 2700 biotech companies in India in 2020, which are projected to increase to 10,000 by 2024. In addition, Seed Scientific reported in 2021 that nearly 6,600 biotech companies are involved in research and development in the US. Cell culture media bags promote the growth of target cells by supplying the necessary nutrients for the development of pharmaceutical products. Therefore, the growing need for biopharmaceuticals propels the market forward.

Product Insights

Based on product, the storage bags segment held the largest market share of 41.08% in 2022 and it is also expected to be the fastest-growing segment during the forecast period. The increased demand is attributed to an increase in research & development initiatives globally to combat developing diseases such as cancer. Furthermore, cell culture medium bags cut production costs by reducing sterilizing and cleaning processes. The advantages of cell culture medium storage bags, such as their lightweight, high barrier, and reduced contamination situations, make them ideal for the biopharmaceutical business, thus, propelling the segment growth.

Numerous significant pharmaceutical & biotechnology companies have been investing heavily in R&D to develop novel vaccines, treatments, and testing kits. Therefore, the need for cell culture media storage bags in research applications has increased significantly, providing the market with enormous growth opportunities.

Application Insights

In terms of application, the biopharmaceutical production segment held the largest market share of 51.11% in 2022. Cell culture media storage containers are utilized in biopharmaceutical research at all stages of the drug development process, which range from discovery to manufacturing and production. Growing interest in biologics has resulted in significant growth in the global industry, as scientists require media to assure the viability of cells. Furthermore, increased demand for vaccines for multiple illnesses is propelling the market forward.

The tissue engineering and regenerative medicine segment is anticipated to witness the fastest CAGR of 13.04% from 2023 to 2030. Growing adoption rates of tissue engineering in patient treatment such as implantation of organs, and increasing awareness related to personalized medicine are the factors contributing to the market growth. In addition, rising awareness pertaining to regenerative medicines, cell & gene therapy in which tissue or organ is safely grown in laboratory conditions with the help of cell culture techniques. Thus, storage containers are required to avoid contamination, which in turn, will further boost the market growth.

End-use Insights

In terms of end-use, the pharmaceutical & biotechnology companies segment held the largest market share of 44.32% in 2022. Cell culture techniques are actively used in the biopharmaceutical industry to produce monoclonal antibodies, vaccines, as well as recombinant proteins. To enable manufacturing, these techniques necessitate vast amounts of cell culture media storage. The need for cell culture media containers is likely to rise as the biopharmaceutical industry expands. Furthermore, rising R&D initiatives and activities in the biopharmaceutical sector are expected to fuel demand for storage containers.

The contract research organizations segment is anticipated to witness the fastest CAGR of 13.01% from 2023 to 2030. The rise in demand is due to an increase in the number of biologics, recent pandemic occurrences that have resulted in the need for new treatments, the demand for personalized medications along with orphan drugs, and the desire for innovative technology. Growth is also expected to be driven by factors such as increasing outsourcing trends, globalization of clinical trials, and demand for CROs & CMOs to conduct clinical trials, thus, propelling the market growth.

Regional Insights

Based on region, North America held the largest market share of 40.45% in 2022. The large share is owing to the increasing adoption rates of cell culture techniques due to advantages associated with it such as cost effectiveness and high productivity. The presence of sophisticated healthcare infrastructure, growing demand for biologics, and increasing awareness related to storage containers coupled with relatively higher healthcare expenditure levels in the region are the factors contributing towards the market growth.

Asia Pacific is anticipated to register the fastest CAGR of 13.17% from 2023 to 2030. Key factors such as the presence of untapped opportunities, economic development, improving healthcare infrastructure, and favorable initiatives by government and manufacturers in the biopharmaceutical and biotechnology sector are some factors accounting for this rapid growth. Furthermore, the increasing median age of the population, and rising production of vaccines, drugs, and others are the factors contributing to the overall growth of global industry.

Key Companies & Market Share Insights

The continuous demand for cell culture media storage containers for multiple applications has created numerous market opportunities for major players to capitalize on. For instance, in July 2023, Merck announced that it was expanding its facilities in Lenexa, Kansas, USA, adding 9,100 square meters of lab space along with cell culture medium manufacturing capability. Investing in the region is part of the strategy to diversify and grow the supply chain to meet current & future demand for cell culture medium, and hence, it will increase the requirement for storage containers and drive the market growth. Some prominent players in the global cell culture media storage containers market include:

• Thermo Fisher Scientific Inc.

• Merck KGaA

• Danaher

• Sartorius AG

• Greiner Bio-One International GmbH

• Corning Incorporated

• VWR International, LLC.

• Saint Gobain

• Diagnocine

• HiMedia Laboratories

Cell Culture Media Storage Containers Market Report Scope

Global Cell Culture Media Storage Containers Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global cell culture media storage containers market report based on product, application, end-use, and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Storage Bags

  • Storage Bottles

  • Storage Bins & Drums

  • Other Storage Assemblies

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Biopharmaceutical Production

  • Tissue Engineering and Regenerative Medicine

  • Diagnostics

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Pharmaceutical & Biotechnology Companies

  • CROs & CMOs

  • Academic & Research Institutes

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Thailand

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait