Bacterial Cell Culture Market Expected to Reach $5.2 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Bacterial Cell Culture Market," The bacterial cell culture market size was valued at $2.8 billion in 2021, and is estimated to reach $5.2 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

Bacterial culture is a process of growing bacteria and to duplicate them in a culture media, in a controlled laboratory environment. Bacterial cell culture technology has different applications such as food testing, water testing, biopharmaceuticals, and disease diagnosis. There has been witnessed a rise in the utilization of the technique by research laboratories, biopharmaceutical companies, diagnostic centers, and academic institutions which is resulting into increased revenue-generation of the bacterial cell culture market.

In addition, factors that drive the growth of the global bacterial cell culture market include rise in usage of bacterial cell culture in animal feed, increase in adoption of bacterial cell culture for food testing, and increase surge in adoption of bacterial cell culture techniques and investments in the R&D activities by the key market players. In addition, rise in prevalence of bacterial infectious diseases, and the subsequent rise in the demand for the diagnostic options, drives the growth of the bacterial cell culture market share.

Furthermore, the new product launches and product approvals by public and private players will provide a lucrative opportunity for the bacterial cell culture market growth. In addition, the key strategies adopted by the companies such as acquisition, agreement, and partnership further propel the growth of the market. 

The global bacterial cell culture market is segmented on the basis of product type, application, end user, and region. On the basis of product type, the market is segregated into media, reagents and sera. The media segment dominated the market in 2021, and this trend is expected to continue during the forecast period, owing to the rise in the demand for different media with special characteristics for the culture preparation as it is the main composition of cell culture.

Depending on application, the bacterial cell culture industry is segmented into disease diagnosis, food testing, water testing, and others. The food testing segment dominated the market in 2021, due to the strict regulations and implications by the government on the quality of the food as it affects the safety of the population. On the other hand, the disease diagnosis segment is expected to grow at the fastest CAGR during the forecast period. 

In bacterial cell culture market trends, the end user is categorized into diagnostic centers, food industry, and others. In 2021, the others segment held the largest share of the global bacterial cell culture market and is expected to grow at the highest CAGR during the forecast period. This is mainly due to the rise in the research and development activities carried out by the pharmaceutical and biotechnology companies to develop more advanced biopharmaceuticals and diagnostic options and rise growth in funding for academic & research institutes.

North America acquired the major share of the bacterial cell culture market in 2021, owing to the presence of key players, rise in government initiatives, well-developed healthcare infrastructure, and rise in prevalence of health issues. However, Asia-Pacific is expected to register highest CAGR from 2022 to 2031, owing to rise in bacterial infections in this region and subsequent rise in demand for bacterial cell culture for diagnosis.

KEY FINDINGS OF THE STUDY

• By product type, the media segment was the highest contributor to the market in 2021.
• By application, the food testing segment was the highest contributor to the market in 2021, and the disease diagnosis segment is expected to continue this trend during the forecast period.
• By end user, the others segment was highest contributor in 2021.
• Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.