Research and Markets has announced the addition of the "Industrial Microbiology Market: Global Industry Analysis and Opportunity Assessment, 2016-2024" report to their offering.
This report offers forecast of the global industrial microbiology market between 2016 and 2026. In terms of value, the market is expected to register a CAGR of 7.1% during the forecast period.
The study demonstrates market dynamics that are expected to influence the current environment and future status of the global industrial microbiology market over the forecast period. It includes key trends, drivers, restraints, and opportunities influencing growth of the global industrial microbiology market over forecast period 2016-2026. Impact analysis of key growth drivers and restraints are included in this report to better equip clients with crystal clear decision-making insights.
Industrial microbiology is the application of microbiology techniques for management and exploitation of microorganisms for production and processing of useful products on a commercial scale. Industrial microbiology has wide applications in the manufacturing of pharmaceuticals, food and beverages, agriculture products, industrial chemicals, environment and others.
The growing research in these field for obtaining high quality products is expected to fuel growth of the global industrial microbiology market. Moreover, factors such as increasing awareness among researchers related to new strains of microorganisms capable of producing enhanced quality products which have applications in drug development, food processing and other industries is expected to fuel growth of the global industrial microbiology market.
The global industrial microbiology market is segmented on the basis of:
- Product Type
- Test Type
- End User
On the basis of product type, the market is segmented as follows:
- Equipment and Systems
- Reaction Consumables
- Laboratory Supplies
Reaction consumables product type segment is estimated to account for highest revenue share of 62.2% in 2016, and is expected to register a higher CAGR as compared to other product type segments during forecast period 2016-2026.
On the basis of test type, the market is segmented as follows:
- Sterility Testing
- Microbial Limit Testing
- Bio-Burden Testing
- Water and Environment Testing
Sterility test type segment is expected to witness highest growth at a CAGR of 7.6% during the forecast period.
On the basis of end user, the market is segmented as follows:
- Pharmaceutical and Biotechnology Companies
- Food and Beverage Industry
- Personal Care Products
- Agriculture and Environment
- Asiagel Corporation
- Bio-Rad Laboratories Inc.
- BioMérieux SA
- Danaher Corporation
- Dickinson and Company
- Eppendorf AG
- Merck KGaA
- Sartorius AG
- Thermo Fisher Scientific Inc.
For more information about this report visit http://www.researchandmarkets.com/research/f64f4c/industrial
Related Topics: In Vitro Diagnostics
View source version on businesswire.com: http://www.businesswire.com/news/home/20160913005997/en/Business Wire
Last updated on: 13/09/2016
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