Infinium Global Research has added a new report on Fetal Bovine Serum Market. The report presents analysis of global as well as regional markets of fetal bovine serum market over the period of 2016 to 2024.
Research and development efforts together in the commercial and academic sectors continue to depend on fetal bovine serum as a safe and effective growth medium. Growing demand from traditional serum users is likely to boost the growth of the market. Growth in number of academic research institutes and government collaboration with the academic research institutes to support research activities are likely driving the demand for fetal bovine serum. On the other hand, due to unfavorable climatic conditions such as drought and growing beef and dairy demand has led to an extreme drop in cattle herd population. Thus the affecting the demand of FBS. Furthermore, increasing customer’s interest in qualifying serum from several global regions, this change will provide flexibility to companies for adjusting their serum sourcing in the terms of price and availability.
In terms of regions, North America is expected to be the largest market for fetal bovine serum. The high consumption and high pricing of fetal bovine serum in the region. The US being the biggest market for FBS. Growing demand, together with a lower supply has led to a volatile market for the U.S. The rapid emergence of contract research organizations particularly in India and China is a key factor driving the growth of Asia-Pacific region. Moreover, Infrastructural development and number of research organizations are outsourcing research activities to these countries for relatively low cost without negotiating on the quality of research.
Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global fetal bovine serum market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.
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The recent report identified that North America dominated the global fetal bovine serum market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the fetal bovine serum market worldwide.
The report segments the global fetal bovine serum market on the basis of Application type and End user.
Global Fetal Bovine Serum Market by Application Type
· Drug Discovery
· Cell Culture Media
· In Vitro Fertilization
· Human And Animal Vaccine Production
· Diagnostics
· Others
Global Fetal Bovine Serum Market by End User
· Research & Academic Institutes
· Industry
Companies Profiled in the Report
· HiMedia Laboratories
· Merck KGaA
· Bovogen Biologicals Pty Ltd
· Atlanta Biologicals Inc.
· TCS Biosciences Ltd
· Tissue Culture Biologicals
· Rocky Mountain Biologicals
· GE Healthcare
· Others
About Infinium Global Research
Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.
