Summary of the Market:
The global Bacteriological testing market reached a valuation of USD 11.99 Billion in 2020 and is projected to attain USD 21.59 Billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 7.6%. The market's growth is attributed to the increasing demand for Bacteriological testing across various sectors.
Bacteriological testing plays a vital role in mitigating the potential harm from bacteria and safeguarding the safety and quality of products. Its significance is particularly pronounced in industries where bacterial contamination could adversely affect products, processes, and human well-being. This testing specifically targets pathogens such as salmonella, E. Coli, Coliform, Yeast & Moulds, among others. The threat of bacterial infection is not confined to particular sectors; it can arise from diverse sources such as water and air.
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Food & Beverages is a major contributor to bacterial infections globally due to the rising demand for food, changes in lifestyles, and the consumption of unhealthy food. Other sectors, such as pharmaceuticals, cosmetics, personal care, agriculture, water treatment, seed testing, nutraceuticals, and functional foods, also require Bacteriological testing.
The market faces challenges related to the need for specialized equipment and knowledgeable personnel, which may hinder its growth. Key aspects covered in the report include regional assessments, company profiles, demand and supply gap analysis, and a comprehensive analysis of factors influencing market growth.
Key Highlights:
- The Bacteriological testing market spans various applications, including food & beverages, water, pharmaceuticals, cosmetics, and others.
- coli is the leading bacteria type as of 2018, while the Salmonella bacteria type is expected to register the highest CAGR.
- The pharmaceuticals application segment is anticipated to grow at the largest rate (8.2%) within the application segment, driven by an increasing number of diseases and high demand for pharmaceuticals.
- Microscopy testing method segment is expected to reach USD 5.27 billion by 2026, with a CAGR of 8.0% during the forecast period.
- The Asia-Pacific region is predicted to be the highest-growing segment, with a CAGR of 8.2%, owing to the availability of Bacteriological testing facilities in developing nations like India and China.
Major Players and Trends:
Key players in the Bacteriological testing market include SGS, Bureau Veritas, Intertek, Eurofins, ALS Ltd., Thermo Fisher, Merck, Agilent Technologies, Bio-Rad, and 3M Corporation. The market is characterized by trends such as advancements in testing procedures, strategic partnerships, and the adoption of technologies like Artificial Intelligence and IoT.
Market Segmentation:
The report segments the Bacteriological testing market based on bacteria type, application, testing methods, and region. The bacteria types include Campylobacter, E. coli, Salmonella, Listeria, Coliform, and others. Applications cover food & beverages, water, pharmaceuticals, cosmetics, and other sectors. Testing methods encompass air sampling, culture media, microscopy, plate counts, rapid tests, and microbiology proficiency testing. Regional outlooks cover North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
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