Industrial Microbiology Market Report 2022-2027
According to IMARC Group’s latest report, titled “Industrial Microbiology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, , the global industrial microbiology market size reached US$ 9.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.8 Billion by 2027, exhibiting a growth rate (CAGR) of 8.4% during 2022-2027.
Industrial Microbiology Market Opportunities:
The global industrial microbiology market is primarily being driven by increasing shift toward the improvement of industrial automation, safety and hygiene. The widespread application of industrial microbiology in the pharmaceutical industry is further contributing to the market growth. It enabled pharmacists to produce medicines either directly or by using other products with microorganisms. Other than this, the escalating demand for high-quality consumer products has led to the emerging need for enhanced safety and quality tests during the manufacturing process. This factor is, in turn, supporting the market growth significantly.
Market Outlook:
Industrial microbiology, or microbial biotechnology, is a branch of applied microbiology which utilizes industrial processes and manipulated microorganisms to produce drugs, chemicals, and fuels. It is also used for replacing fossil fuels, non-biodegradable plastics, and high-polluting chemical procedures with biocompatible substitutes. Industrial microbiology mainly adopts two forms of approaches, which include fermentation and microorganism exploitation. The fermentation process involves aging of the commodities, whereas microorganism treatment is applied to treat waste materials.
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Competitive Landscape with Key Players:
The competitive landscape of the global industrial microbiology industry has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:
3M Company
Becton Dickinson and Company
bioMérieux SA
Bio-Rad Laboratories Inc
Danaher Corporation
Eppendorf AG
QIAGEN
Sartorius AG
Merck KGaA
Thermo Fisher Scientific Inc.
Competitive Analysis and Segmentation:
Key Market Segmentation:
The report has segmented the global industrial microbiology market on the basis of product, test type, end use industry and region.
Based on Product:
Equipment and Systems
Reaction Consumables
Others
Based on Test Type:
Sterility Testing
Microbial Limits Testing
Bio-burden Testing
Water and Environmental Testing
Based on End Use Industry:
Food and Beverages
Pharmaceutical Biotechnology
Agricultural
Environmental
Cosmetic and Personal Care
Others
Geographical Analysis:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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