PUBLISHER: IMARC | PRODUCT CODE: 1541026
PUBLISHER: IMARC | PRODUCT CODE: 1541026
Industrial Microbiology Market Report by Product, Test Type, End Use Industry, and Region 2024-2032
The global industrial microbiology market size reached US$ 11.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 21.7 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.
Industrial microbiology or microbial biotechnology refers to the process of manipulating microorganisms for the benefit of the environment, society, and industries. These microorganisms, which are used to produce large-scale industrial products, include naturally occurring organisms, laboratory selected mutants, and genetically modified organisms (GMO). As industrial microbiology relies on renewable resources, it assists in replacing fossil fuels, non-biodegradable plastics, and highly polluting chemical processes with biocompatible alternatives. Presently, it finds extensive application in the manufacturing of alcohols and acetone across the globe.
Industrial Microbiology Market Trends:
The flourishing pharmaceutical industry represents one of the key factors strengthening the growth of the market. Industrial microbiology assists in the development of antibiotics, vaccines, and steroids. It also aids in maintaining the overall quality and preventing microbial contamination of drugs, injectables, eye drops, nasal solutions, and inhalation products. This, in confluence with the rising demand for antibiotics, is contributing to the market growth. Additionally, depleting oil resources and increasing energy demands are catalyzing the need for cost-effective and eco-friendly oil recovery technologies. Apart from this, as industrial microbiology does not require vast energy inputs and is not impacted by crude oil prices, it finds a wide array of applications in the oil and gas industry across the globe. Moreover, it is increasingly being employed in the food and beverage (F&B) industry for producing fermented food products and the conversion of industrial food wastes into value-added products. This, coupled with the technological advancements to improve productivity, enhance organoleptic characteristics, and attribute new nutritional functions to certain foods, is creating a favorable market outlook. The market is also propelled by the expanding applications of microbiology in the cosmetics and personal care industry worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial microbiology market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product, test type and end use industry.
Breakup by Product:
Equipment and Systems
Filtration Pumps and Systems
Microbial Detection Systems
Air Monitoring Systems
Automated Equipment
Incubators and Culture Apparatus
Others
Reaction Consumables
Media
Breakup by Test Type:
Breakup by End Use Industry:
Breakup by Region:
Competitive Landscape:
Key Questions Answered in This Report:
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
3 Executive Summary
4 Introduction
5 Global Industrial Microbiology Market
6 Market Breakup by Product
7 Market Breakup by Test Type
8 Market Breakup by End Use Industry
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
List of Figures
- Figure 1: Global: Industrial Microbiology Market: Major Drivers and Challenges
- Figure 2: Global: Industrial Microbiology Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Industrial Microbiology Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Industrial Microbiology Market: Breakup by Product (in %), 2023
- Figure 5: Global: Industrial Microbiology Market: Breakup by Test Type (in %), 2023
- Figure 6: Global: Industrial Microbiology Market: Breakup by End Use Industry (in %), 2023
- Figure 7: Global: Industrial Microbiology Market: Breakup by Region (in %), 2023
- Figure 8: Global: Industrial Microbiology (Equipment and Systems) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Industrial Microbiology (Equipment and Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Industrial Microbiology (Reaction Consumables) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Industrial Microbiology (Reaction Consumables) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Industrial Microbiology (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
List of Tables
