Microbial Culture Market Trends

  • Report ID: 2774
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Microbial Culture Market Trends

Growth Drivers

  • Increasing Demand for Microbial Culture from Food to Drive the Global Market - Food and water are the easiest and the most common method of pathogen transmission. Concerns for food safety have witnessed a rise owing to the growing incidences of food poisoning over the years. With strict government regulations and guidelines about food safety and preservation coupled with the rising number of eatable manufacturing and processing entities, the microbial culture market is expected to witness lucrative growth in the global market over the forecast period. For instance, it was estimated that around 2 billion metric tons of food were consumed across the globe in 2021.

  • Rising Demand for Microbial Culture in Water Testing Industries – there is a higher demand for microbial culture for wastewater treatment to prevent decomposition. It is used to decrease BOD, COD, and SS concentrations. For instance, in 2020, it was projected that more than 55% of the wastewater flown from household settings was treated safely globally.

  • Rising Occurrences of Infectious Diseases - The growing cases of infections, diseases, pandemics, and the need to identify the organism causing the disease combined with the ongoing research and development in the healthcare sector are some of the factors anticipated to drive the growth of the global microbiological culture market over the coming years. Additionally, the technological advancements in ‘starter cultures’ will play an imperative role in widening the applications of microbial culture during the forecast period. For instance, in 2021, nearly 15 thousand people died on account of infectious diseases in Japan alone.

  • Growing Demand for Antibiotics – a microbial culture is used to identify any sort of germs or fungus in antibiotics to prevent any kind of infection. Based on the data released by World Health Organization (WHO), it was stated that antimicrobial resistance will put nearly 24 million people into poverty by 2030.  

Challenges

  • Escalating Prizes of Antibiotics
  • Despite the increasing research and development activities by various leading companies for the development of antibiotics through microbial culture, the rising price of antibiotics coupled with the resistance to antibiotics against certain infections are a few limitations that are anticipated to directly affect the growth of the global microbial culture market. Additionally, the high price related to different types of media culture is expected to hamper the expansion of the microbial culture market over the forecast period.
  • Escalated Requirement for Invasive Specimens
  • Prolonged Period to Obtain the Results

Microbial Culture Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

5.1%

Base Year Market Size (2023)

USD 1.89 Billion

Forecast Year Market Size (2036)

USD 3.61 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 2774
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of microbial culture is evaluated at USD 1.98 Billion.

The microbial culture market size was valued at USD 1.89 Billion in 2023 and is poised to exceed USD 3.61 Billion by the end of 2036, expanding at over 5.1% CAGR during the forecast period i.e., between 2024-2036. Increasing demand for microbial culture from the food and beverage industry and growing demand for antibiotics are the major factors driving the market growth.

North America is predicted to dominate majority industry share by 2036, propelled by rising number of research activities in the medical field propelled by high prevalence of diseases in the region.

Becton, Dickinson and Company, Merck KGaA, Thermo Fisher Scientific company, bioMérieux SA, Bio-Rad Laboratories, Inc., HiMedia Laboratories, Eiken Chemical Co., Ltd., Scharlab, S.L., Neogen Corporation, DuPont de Nemours, Inc.
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