Global Industrial Microbiology Market: Trends, Share, Size, Growth, Opportunity And Forecast 2019-2027

 

The process of manipulating microbes for the benefit of the environment, society, and industries is known as industrial microbiology or microbial biotechnology. Naturally occurring organisms, laboratory chosen mutants, and genetically engineered organisms are among the microorganisms utilized to manufacture large-scale industrial products (GMO). Industrial microbiology helps to replace fossil fuels, non-biodegradable plastics, and highly polluting chemical processes with biocompatible alternatives because it is based on renewable resources. It is currently used extensively in the production of alcohols and acetone all over the world.

One of the primary reasons supporting the market's expansion is the thriving pharmaceutical industry. Antibiotics, vaccines, and steroids are all developed with the help of the Industrial Microbiology Market. It also helps to maintain the overall quality of medications, injectables, eye drops, nasal solutions, and inhalation products by preventing microbial contamination. This, together with the increased demand for antibiotics, is fueling market expansion. Furthermore, the need for cost-effective and environmentally friendly oil recovery technology is being fueled by decreasing oil resources and rising energy demands.

Apart from that, because industrial microbiology does not require a lot of energy and is unaffected by crude oil prices, it has a lot of uses in the oil and gas business all over the world. Furthermore, it is increasingly being used in the food and beverage (F&B) industry to make fermented foods and to turn the Industrial Microbiology Market food waste into value-added goods. This, combined with technological developments to increase output, improve organoleptic features, and attribute new nutritional functions to some foods, is resulting in a positive market outlook. Industrial Microbiology Market rising uses in the cosmetics and personal care business around the world are also propelling the market.

The Competitive Landscape of the Global Industrial Microbiology Market

Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Asiagel Corporation, Eppendorf AG, bioMérieux SA, Novamed, QIAGEN, Sartorius AG, 3M, Merck KGaA, and Danaher Corporation are among the major competitors in the global industrial microbiology market.