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Industrial Microbiology Market Grow At Remarkable CAGR 8.4% CAGR with US$ 20,227.1 Million by 2028 | Global Industry Size, Investment Share, Regional Trends, Comprehensive Analysis and Business Opportunity

October 14th, 2021 Coherent Market Insights Releases

Overview

The main focus of industrial microbiology is on the study of microbiological and physical properties of microorganisms. In this field, scientists test the effects of synthetic materials, enzymes and other organic acids on microorganisms. The study of physical properties allows scientists to test for the effects of various temperatures, pressures, or conditions on microbes. There are numerous applications for industrial microbiology in the food and beverage industry, especially in the field of pharmaceuticals. There are many testing methods, such as viral culture, flow cytometer and other lab instruments, but most are conducted using microorganisms that are grown in a culture solution which contains certain elements.

Global Industrial Microbiology Market: Drivers

High prevalence of food-borne diseases is expected to propel growth of the global industrial microbiology market over the forecast period. For instance, according to the World Health Organization (WHO), unsafe food contaminated with harmful bacteria, parasites, and viruses can cause more than 200 diseases from diarrhea to cancers.

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Moreover, high prevalence of various bacterial and viral infections is also expected to propel growth of the global industrial microbiology market over the forecast period. For instance, in September 2019, Ministry of Health, Malaysia, reported that the number of conjunctivitis cases increased 51.4% to 403 cases in the week of Sept 15 Sept to 21 compared to 266 cases the week before.

Global Industrial Microbiology Market: Opportunities

Increasing investment in expansion of manufacturing capabilities and capacity is expected to offer lucrative growth opportunities for players in the global industrial microbiology market. For instance, in September 2020, MilliporeSigma announced a US$ 65 million expansion of its HPAPI and ADC manufacturing capabilities and capacity at its facility near Madison, Wisconsin.

Global Industrial Microbiology Market: Recent Developments

Major players in the global industrial microbiology market are focused on launching new products to expand their product portfolio. For instance, in March 2019, Promega Corporation launched Water-Glo System that uses bioluminescent technology to measure adenosine triphosphate of all living cells that degrades rapidly when a cell dies.

Global Industrial Microbiology Market: Restraints

The commercial development of natural pigments as food colorants is a challenging process and needs to go through several regulatory processes. This in turn increases time required and cost spent, which in turn limit growth of the global industrial microbiology market.

Covid-19 Impact Analysis:

Emergence of Covid-19 and increasing demand for vaccines is expected to offer lucrative growth opportunities for players in the global industrial microbiology market. In India, from 3 January 2020 to 5:10pm CEST, 23 September 2021, there have been 33,563,421 confirmed cases of COVID-19 with 446,050 deaths, reported to WHO. As of 20 September 2021, a total of 818,513,827 vaccine doses have been administered.

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Regional Analysis

Among regions, Asia Pacific is expected to witness significant growth in the global industrial microbiology market, owing to increasing adoption of bioremediation. For instance, in January 2020, Hyderabad Metropolitan Development Authority (HMDA) announced its plans to resume bioremediation at Hussain Sagar, a lake in Hyderabad, India.

Key Takeaways

The global industrial microbiology market is estimated to account for US$ 10,816.6 Mn in terms of value in 2018 and is expected to reach US$ 20,227.1 Mn by the end of 2027. High economic burden of food contamination is expected to propel growth of the global industrial microbiology market over the forecast period. For instance, according to the World Health Organization, food contamination has cost around 33 million of healthy life years.

Major players in the global industrial microbiology market are focused on gaining contracts to enhance their market share. For instance, in August 2019, IsoPlexis, a life sciences company, installed its innovative IsoLight single cell cytokine detection system at the Karolinska Institute in Sweden.

Equipment and systems segment in the global industrial microbiology market was valued at US$ 2,834.6 Mn in 2018 and is expected to reach US$ 5,893.4 Mn by 2027 at a CAGR of 8.4% during the forecast period. Growth of the segment can be attributed to presence of variety of products in the market.

The sterility testing segment held dominant position in the global industrial microbiology market in 2018, accounting for 33.6% share in terms of value, followed by microbial limit testing and bio-burden testing, respectively. Growth of the segment is attributed to increasing adoption of sterility testing in the pharmaceutical and food & beverages industries in order to limit microbial contamination in various products.

The pharmaceutical and biotechnology segment held dominant position in the global industrial microbiology market in 2018, accounting for 50.8% share in terms of value, followed by food and beverages, and personal care products, respectively. Growth of the segment is attributed to R&D in recombinant DNA technology, adoption of microorganisms in disease treatment and high incidence of various bacterial and viral infections worldwide.

Global Industrial Microbiology Market: Competitive Landscape

Major players operating in the global industrial microbiology market include, 3M, Asiagel Corporation, Becton, Dickinson and Company, bioMérieux SA, Bio-Rad Laboratories, Inc., Danaher Corporation, Eppendorf AG, Merck KGaA, Novamed, QIAGEN, Sartorius AG, and Thermo Fisher Scientific Inc.

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Main points in Industrial Microbiology Market Report Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Industrial Microbiology Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Industrial Microbiology Industry Impact

Chapter 2 Industrial Microbiology Competition by Types, Applications, and Top Regions and Countries
2.1 Industrial Microbiology (Volume and Value) by Type
2.3 Industrial Microbiology (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Industrial Microbiology Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Industrial Microbiology Market Analysis
Chapter 6 East Asia Industrial Microbiology Market Analysis
Chapter 7 Europe Industrial Microbiology Market Analysis
Chapter 8 South Asia Industrial Microbiology Market Analysis
Chapter 9 Southeast Asia Industrial Microbiology Market Analysis
Chapter 10 Middle East Industrial Microbiology Market Analysis
Chapter 11 Africa Industrial Microbiology Market Analysis
Chapter 12 Oceania Industrial Microbiology Market Analysis
Chapter 13 South America Industrial Microbiology Market Analysis
Chapter 14 Company Profiles and Key Figures in Industrial Microbiology Business
Chapter 15 Industrial Microbiology Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

continued………….

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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