According to the latest report by IMARC Group, titled “Industrial Microbiology Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026”, the global industrial microbiology market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Industrial microbiology, or microbial biotechnology, is a branch of applied microbiology which utilizes industrial processes and manipulated microorganisms to produce drugs, chemicals, and fuels. It is also used for replacing fossil fuels, non-biodegradable plastics, and high-polluting chemical procedures with biocompatible substitutes. Industrial microbiology mainly adopts two forms of approaches, which include fermentation and microorganism exploitation. The fermentation process involves aging of the commodities, whereas microorganism treatment is applied to treat waste materials.
The global industrial microbiology market is primarily being driven by increasing shift toward the improvement of industrial automation, safety and hygiene. The widespread application of industrial microbiology in the pharmaceutical industry is further contributing to the market growth. It enabled pharmacists to produce medicines either directly or by using other products with microorganisms. Other than this, the escalating demand for high-quality consumer products has led to the emerging need for enhanced safety and quality tests during the manufacturing process. This factor is, in turn, supporting the market growth significantly.
Industrial Microbiology Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global industrial microbiology market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 3M Company
- Becton Dickinson and Company
- bioMérieux SA
- Bio-Rad Laboratories Inc
- Danaher Corporation
- Eppendorf AG
- Sartorius AG
- Merck KGaA
- Thermo Fisher Scientific Inc.
Key Market Segmentation:
The report has segmented the global industrial microbiology market on the basis of product, test type, end use industry and region.
Breakup by Product:
- Equipment and Systems
- Reaction Consumables
Breakup by Test Type:
- Sterility Testing
- Microbial Limits Testing
- Bio-burden Testing
- Water and Environmental Testing
Breakup by End Use Industry:
- Food and Beverages
- Pharmaceutical Biotechnology
- Cosmetic and Personal Care
Breakup by Region:
- North America
- Latin America
- Middle East and Africa
Explore Full Report with TOC & List of Figure: https://bit.ly/39l5GPb
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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