Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.39 Billion | USD 24.20 Billion | 6.8% | 2023 |
According to the report published by Zion Market Research, the global Industrial Microbiology Market size was valued at USD 13.39 Billion in 2023 and is predicted to reach USD 24.20 Billion by the end of 2032. The market is expected to grow with a CAGR of 6.8% during the forecast period. The report analyzes the global Industrial Microbiology Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Industrial Microbiology industry.
Industrial microbiology is a study of biotechnology that applies to microbial sciences to create industrial products in bulk quantities, which are sometimes prepared using microbial cell factories. There are several ways to boost maximum product yields. It is utilized in a wide range of applications in the pharmaceutical, food & beverage, cosmetic, and forestry sector. The consumer market is significantly on the rise due to the surging worldwide population. Therefore, the requirement for product quality testing techniques is also on rise. Industrial microbiology is associated with the maintenance, improvement, and screening of microorganisms for reducing unique industrial use items. Industrial microbiology consists of incubators & culture tools, air control systems, microbial detection systems, filtration purpose & devices, equipment, and systems. Industrial microorganisms are utilized for the formulation of bioremediation, syrup, production of empty capsules, and preparation of genetically engineered food products.
The fermentation applications are widely gaining immense popularity in syrup formulations along with the fast proliferating biotechnology and pharmaceutical sector, which in turn will register the exponential growth in the global industrial microbiology market. The widening scope of the pharmaceutical sector and surging preferences for automation are escalating the demand for sterility testing procedures within the pharmaceutical sector. There is an unprecedented spike in the adoption of sterility testing for product safety due to the surging demand for consumer products along with the growing population worldwide.
The growing adoption of these testing procedures in the food and beverage sector is likely to bolster the growth of the global industrial microbiology market during the forecast period. However, the growing focus on industrial safety along with food health and hygiene is expected to enhance the demand in the coming years. It is expected that despite the risk of growing antimicrobial drug resistance especially in developing countries like China and India, the intake of description antibiotics will continue boosting the adoption of industrial microbiology. The primary key factor boosting the growth of the global market is the surging emphasis on process automation over traditional methods which will significantly lower the cost of production and enhance the market expansion. Excipients comprise a majority of the whole mass of drugs. Industrial applications like excipients are gaining immense popularity and thus creating several lucrative growth opportunities in the global industrial microbiology market.
The industrial microbiology excipients include anionic polysaccharide, which is also called alginate utilized as a thickening and stabilizing agent in pharmaceutical suspension and emulsions. The anionic linear polysaccharide is highly utilized in dermatology applications. It belongs to the glycosaminoglycans family. The growing disposable income of the people globally is posing the demand for better consumer products which need more quality and safety testing of the products. However, government policies are further encouraging the growth of the market globally to ensure public safety.
The global industrial microbiology market can be segmented into testing type, end-user, product, and region.
By testing type, the market can be segmented into bio-burden, microbial limits, and sterility testing.
By end-user, the market can be segmented into personal care products, agricultural & environmental, food & beverages, and pharmaceutical & biotechnology.
By product type, the market can be segmented into reaction consumables, equipment systems, and others.
Report Attributes | Report Details |
---|---|
Report Name | Industrial Microbiology Market |
Market Size in 2023 | USD 13.39 Billion |
Market Forecast in 2032 | USD 24.20 Billion |
Growth Rate | CAGR of 6.8% |
Number of Pages | 220 |
Key Companies Covered | Danaher Corporation, Merck KGaA, Sartorius AG, QIAGEN, Novamed, bioMérieux SA, Eppendorf AG, Asiagel Corporation, Dickinson and Company, Becton, Bio-Rad Laboratories, Inc., and Thermo Fisher Scientific Inc |
Segments Covered | By testing type, By end-user, By product and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global industrial microbiology market due to the fast expansion of the biotechnology and pharmaceutical sector in the region. The widening scope is paving the way for long-term growth and the adoption of sterility testing techniques across the region. The growing research and development activities in the biopharmaceutical sector with drug discovery activities are likely to significantly accentuate the growth of the regional market in the forthcoming years. In addition, industrial microbiology applications are gaining immense popularity in the region in the pharmaceutical excipients sector.
The fast proliferating food and beverage sector in the region will continue the domination of the market in the region. The growing utilization of microorganisms, bioburden testing, and pathogen testing in a food product will further create several lucrative growth opportunities in the region. The government authorities in the region have documented a stringent regulatory framework for antimicrobial food additives, which in turn will support the adoption of sterility testing and accelerate the growth of the regional market.
Asia Pacific is expected to foresee an exponential growth rate in forthcoming years due to the improving demand for industrial microbiology in the region. The growing research and development activities in the pharmaceutical sector along with drug discovery procedures will also promulgate the growth of the regional market. The high production of derma products enriched with hyaluronic acid in the cosmetic sector is likely to fuel the revenue growth of the regional market.
Some of the significant players in the global industrial microbiology market are
Danaher Corporation, Merck KGaA, Sartorius AG, QIAGEN, Novamed, bioMérieux SA, Eppendorf AG, Asiagel Corporation, Dickinson and Company, Becton, Bio-Rad Laboratories, Inc., and Thermo Fisher Scientific Inc.
By testing type
bio-burden, microbial limits, and sterility testing.
By end-user
personal care products, agricultural & environmental, food & beverages, and pharmaceutical & biotechnology.
By product type
reaction consumables, equipment systems, and others.
FrequentlyAsked Questions
The fermentation applications are widely gaining immense popularity in syrup formulations along with the fast proliferating biotechnology and pharmaceutical sector, which in turn will register the exponential growth in the global industrial microbiology market. The widening scope of the pharmaceutical sector and surging preferences for automation are escalating the demand for sterility testing procedures within the pharmaceutical sector.
Some of the significant players in the global industrial microbiology market are Danaher Corporation, Merck KGaA, Sartorius AG, QIAGEN, Novamed, bioMérieux SA, Eppendorf AG, Asiagel Corporation, Dickinson and Company, Becton, Bio-Rad Laboratories, Inc., and Thermo Fisher Scientific Inc.
North America accounts for the largest share in the global industrial microbiology market due to the fast expansion of the biotechnology and pharmaceutical sector in the region. The widening scope is paving the way for long-term growth and the adoption of sterility testing techniques across the region.
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