Soaring Demand for Antibiotics, Coupled with Food Safety Concerns to Stimulate Demand for Microbiology Culture Market

According to the Centre for Disease Dynamics, Economics and Policy (CDDEP), a U.S.-based independent research body, the demand for antibiotics will soar to 105.600 tons by 2030, to cater to the healthcare needs of about 8.5 bn people. From infection control to better agricultural productivity to improving industrial processes, the demand for antibiotics is soaring in a myriad of application areas.
 
A recent study by Transparency Market Research identifies a surging demand for antibiotics as the key driver for the global microbiology culture market. According to the findings of Transparency Market Research, the global microbiology culture market will rise at a healthy single-digit CAGR of 5.9% between 2015 and 2023. According to TMR’s report, the global microbiology culture market will rise from its 2014 value of US$4.51 bn to US$7.59 bn by the end of 2023. In the near future, investments in recombinant technology are projected to provide lucrative growth potential. 

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Reliance on Microbiology Culture Increasing in Wake of Food Scandals and Recalls
 
The recent food scandals and food recalls have fired healthcare agencies and food regulatory authorities into action. Most food products need to strictly adhere to FDA and HACCP standards. In the wake of such changes taking place in the F&B landscape, several companies are focusing on the formulation of new products – a process that calls for the formulation of new products, and relies on the effective use of microbiology culture. As food trade volumes reach record highs every year, especially in emerging countries, microbiology culture will play a central role in food development and safety.
 
As food safety standards become more inflexible, advanced microbiology culture methods media and methods will create a rapidly expanding market. Since microbiology culture methods represent the most widely used diagnostic method to investigate infectious diseases, their demand in various laboratories and diagnostic centers will rise. 

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Bacterial Culture takes Precedence over Eukaryotic Culture, Will Continue to Hold Top Spot
 
Microbiology culture can either be bacterial or eukaryotic. Eukaryotic culture types primarily comprise eukaryotic algal cultures and yeast cultures. The use of bacterial culture was seen to be the highest globally in 2014. It is expected that this segment will continue to dominate globally through the next eight years. Food microbiology, biological drugs, and disease research are all opening up promising avenues for the growth of the global microbiology culture market, and many of these make use of bacterial culture rather than eukaryotic culture.
 
Among the various microbiology culture media, demand for complex media was the maximum in 2014. In the same year, the demand for special media was also seen to be considerably high, but lower than complex media. In the coming years, complex media will continue to see consistent use owing to its attribute of providing a full range of growth for bacteria with complex nutritional requirements as well as unidentified bacterial species and strains. This attribute of complex media gives it an advantage over special media in certain scenarios, as the latter supports the growth of only a few specific microorganisms.
 
Companies that rake in the highest share of revenue in the microbiology culture market globally are, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., bioMérieux S.A., EMD (Merck) Millipore, Neogen Corporation, Scharlab S.L., and others
 
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About us:
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations. 

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