Microorganisms are screened for food & beverage, pharmaceuticals, personal care products, and other purposes in industrial microbiology. Every year, industries around the world conduct billions of tests, indicating a substantial market opportunity. Furthermore, the demand for novel microbiology testing methods has risen in response to rising consumer product demand, increased demand for generating high-quality products, and the introduction of international production standards and safety criteria.
MARKET SCOPE
The "Global Industrial Microbiology Market Analysis to 2028" is a specialized and in-depth study of the biotechnology industry with a special focus on the global market trend analysis. The report aims to provide an overview of the industrial microbiology market with detailed market segmentation by product, test type, application, and geography. The report provides key statistics on the market status of the leading industrial microbiology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the market is bifurcated into equipment and systems, consumables, and laboratory supply. The equipment and systems market is further segmneted into filtration pumps and systems, microbial detection systems, air monitoring systems, automated equipment, incubators and culture apparatus, others. The consumables market is further segmented into media, reagents and strains, others. The laboratory supply segment is further segmented into bags and bottles, loop and needles, petri dishes, racks, seals, plates and holders, filtration disc and membranes, others.
- Based on test type, the market is bifurcated into sterility testing, microbial limits testing, bio-burden testing, water and environmental testing, and others
- Based on application, the market is bifurcated into pharmaceuticals and biotechnology, food and beverage industry, environmental industry, agricultural industry, and others
MARKET DYNAMICS
Drivers:
- Increasing application of industrial microbiology in manufacturing of empty capsules
- Increasing development and launch of antibiotics, vitamins, and vaccines
Restraints:
- Several conflicts observed regarding the usage of genetically modified organisms in food sources
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The industrial microbiology market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial microbiology market in these regions.
IMPACT OF COVID-19 ON INDUSTRIAL MICROBIOLOGY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the industrial microbiology market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from industrial microbiology market are anticipated to lucrative growth opportunities in the future with the rising demand for health coach in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the industrial microbiology market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BD
- bioM
- Bio-Rad Laboratories, Inc.
- Thermo Fisher Scientific, Inc.
- QIAGEN
- Merck KGaA
- Eppendorf
- Agilent Technologies, Inc.
- 3M
- Sartorius AG