Industrial microbiology refers to screening of microorganisms for production of pharmaceuticals, food and beverage, personal care products and other applications. The industrial microbiology market is significantly large and is perpetually growing. Industries worldwide perform billions of tests every year thus representing substantial market potential.
The report titled “Global Industrial Microbiology Market- Growth, Future Prospects and Competitive Analysis, 2017–2025” offers strategic insights into the overall industrial microbiology market along with the market size and estimates for the duration 2017 to 2025. The research study covers in-depth analysis of market segments based on product type, test type, end-user and different geographical region.
In order to help strategic decision makers, the report also includes competitive profiling of the leading players in global industrial microbiology market, attractive investment proposition and market positioning of key manufacturers sections. Geographically, the global industrial microbiology market is studied for the following regional markets:
Market size and forecast for these regional and country level markets are presented in this study for the period 2015-2025. Market growth rates for the forecast period 2017-2025 are also included in this report, considering 2016 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global industrial microbiology market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global industrial microbiology market. This report concludes with company profiles section that highlights major information about the key players engaged in global industrial microbiology market. In-depth competitive environment analysis and historical years (2015) market size data are also provided in the report.
Thus, the research study provides a holistic view of the global industrial microbiology market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.
Based on the type of End-User the Industrial Microbiology market is segmented as follows:
The global industrial microbiology market comprises extensive applications in various segments like pharmaceuticals and biotechnology, food and beverages, agriculture and environmental, personal care products and others. Rapid evolution of biological drugs, vaccines gives rise to safety challenges and issues, companies are establishing and upgrading programs to reduce risk factors. Rising demand for drugs, vaccines, dairy products, agricultural feed, environmental monitoring for microbes are the factors contributing to the growth of the industrial microbiology market. Pharmaceutical and biotechnology segment held the largest share in the end-user segment, due to the role of microbiology on the advances in the pharmaceutical and biotechnology industries has resulted in to the discovery from vaccines to medical devices, and dietary supplements, which is directly responsible for the growth of industrial microbiology market. Food and beverages application is anticipated to grow at a highest CAGR during the forecast period due to rising concern over the quality and safety of food worldwide.
For the purpose of this study, the global industrial microbiology market is categorized into:
For the purpose of this study, the global industrial microbiology market is categorized into regional markets viz., North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. In the base year 2016, North America dominated the global industrial microbiology market due to the factors such as large industrial base in the region with modern microbiological and safety methods. Moreover, larger research and development in the region regarding pharmaceutical and biotechnology field emerged as the strong end-use of industrial microbiology techniques. Furthermore, the favorable reimbursement scenario and strong investment from the federal government in the U.S. is further assisting the growth of industrial microbiology market in the region. Asia-Pacific emerged as the most attractive region and is expected to grow at the fastest growth rate during the forecast period of 2017-2025. The factors driving the Asia-Pacific market are flourishing industrial outlook with modern amenities and techniques. Furthermore enhanced measures to maintain the safety and quality of the products are further fueling the market growth.