This report studies the global market size of Fetal Bovine Serum in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Fetal Bovine Serum in these regions.
This research report categorizes the global Fetal Bovine Serum market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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 raw material of fetal bovine serum is fetal bovine blood. The FBS suppliers make contract with beef processer or agent and gather fetal bovine blood at certain time. The production of FBS is quite seasonal because the raw material source can only be acquired twice a year. The primary factor and main market-driver is the beef processing industry, since FBS is produced as a byproduct of this industry. Since 2014, the price of FBS has been raising quickly due to multiple factors, among which, the climate change and reduced cattle inventory might be the most important ones.
The primary application of FBS is to fortify cell culture media. It is the most common media supplement used for cell culture. Considering end use, the application of FBS can be classified as scientific research and industrial production. The development of biomedical and healthcare industry has been witnessed with rapid development for the past years. Consequently, though sera industry has experienced substantial changes for the past years, the demand of FBS has been creeping. We estimate that FBS would not be replaced by substitute in short time, but suppliers in emerging market are in taking an increasing share, like Lanzhou Minhai and Zhejiang Tianhang Biotechnology.
In 2017, the global Fetal Bovine Serum market size was 890 million US$ and is forecast to 1590 million US in 2025, growing at a CAGR of 7.6% from 2018. The objectives of this study are to define, segment, and project the size of the Fetal Bovine Serum market based on company, product type, application and key regions.
The various contributors involved in the value chain of Fetal Bovine Serum include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Fetal Bovine Serum include
Tissue Culture Biologicals
Bio Nutrientes Brasil
Zhejiang Tianhang Biotechnology
Jin Yuan Kang
Market Size Split by Type
Market Size Split by Application
Market size split by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Fetal Bovine Serum market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Fetal Bovine Serum market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Fetal Bovine Serum manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fetal Bovine Serum with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Fetal Bovine Serum submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Fetal Bovine Serum are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million US$) and volume (L). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fetal Bovine Serum market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.