Los Angeles, CA -- (SBWire) -- 04/17/2019 --Fetal bovine serum (FBS) is the most widely used growth supplement for cell culture media because of its high content of embryonic growth promoting factors. When used at appropriate concentrations it supplies many defined and undefined components that have been shown to satisfy specific metabolic requirements for the culture of cells.
The manufacturers of FBS are concentrated in North America, Australia, New Zealand and South America. The growth of FBS production has been modest for the past years, due to the deficiency of raw material supply. In 2017, the global sales volume of FBS has reached 655459 liters. The market of FBS is concentrated. Thermo Fisher is the largest manufacturer in the global, followed by GE Healthcare and Merck. The consumption regions and supply regions of FBS are quite different. The consumers are mainly concentrated in USA and Europe, followed by Japan.
The global Fetal Bovine Serum market was 970 million US$ in 2018 and is expected to 1660 million US$ by the end of 2025, growing at a CAGR of 6.9% between 2019 and 2025.
This report studies the Fetal Bovine Serum market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fetal Bovine Serum in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Thermo Fisher
GE Healthcare
Sigma-Aldrich
Merck
Moregate BioTech
Gemini
Atlanta Biologicals
Tissue Culture Biologicals
Bovogen
Biowest
Internegocios
RMBIO
Biological Industries
PAN-Biotech
VWR
Corning
Animal Technologies
Serana
WISENT
Peak Serum
Seroxlab
NorthBio
Bio Nutrientes Brasil
Lanzhou Minhai
Zhejiang Tianhang Biotechnology
ExCell Bio
Jin Yuan Kang
By the product type, the market is primarily split into
North America-sourced
South America-sourced
Australia-sourced
Others
By the end users/application, this report covers the following segments
Scientific Research
Industrial Production
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Fetal Bovine Serum Market Rising at a CAGR of More Than 6.9% During 2018-2025
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.