< Key Hightlight >

The global cell culture media market is projected to USD USD 10.3 billion by 2026 from USD 4.9 billion in 2021, at a CAGR of 16.0 % between 2021 and 2026.The growth of this market is majorly driven by the growing awareness about the benefits of cell-based vaccines, increasing demand for monoclonal antibodies (mAbs), funding for cell-based research, growth in stem cell research, the launch of new cell culture media by market players, and the growing focus on personalized medicine. On the other hand, the high cost of cell biology research is restraining the growth of this market.

“The serum-free media segmentaccounted for the highest growth rate in the cell culturemedia market, bytype, during the forecast period”

In 2020, the serum-free media segment accounted for the largest share of the market. This can be attributed to the advantages of serum-free media over other types of media, including consistent performance, increased growth & productivity, better control over physiological responsiveness, and reduced risk of contamination by serum-borne adventitious agents in cell culture.

Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Danaher Corporation (US), Sartorius AG (Germany), Corning Incorporated (US), FUJIFILM Irvine Scientific, Inc. (Japan), Lonza Group AG (Switzerland), Becton, Dickinson and Company (US), MiltenyiBiotec (Germany), HiMedia Laboratories Pvt. Ltd. (India), STEMCELL Technologies Inc. (Canada), Biologos LLC (US), Cell Applications, Inc. (US)are some of the major players operating in the cell culturemedia market.

“Asia Pacific: The fastest-growing regionin thecell culturemedia market”

Thecell culturemedia market is segmented into North America, Europe, Asia Pacific,Latin America (LATAM) and Middle East and Africa (MEA). The Asia Pacific market is expected to register the highest CAGR of 17.5% during the forecast period. The growing geriatric population, favorable regulatory guidelines, government support for cell culture-based vaccine production, low manufacturing costs, and the growing focus of global market players on emerging Asian economies are the major factors contributing to the growth of the cell culture media market in the Asia Pacific.

The primary interviews conducted for this report can be categorized as follows:

• By Respondent: Supply Side- 80%and Demand Side 20%

• By Designation: C-level - 45%, D-level - 30%, and Others - 25%

• By Region: North America -20%, Europe -10%, Asia-Pacific -55%, Latin America -10%, Middle East & Africa- 5%

List of Companies Profiled in the Report:

• Thermo Fisher Scientific Inc. (US)

• Merck KGaA (Germany)

• Danaher Corporation (US)

• Corning Incorporated (US)

• Sartorius AG (Germany)

• FUJIFILM Irvine Scientific, Inc. (Japan)

• Lonza Group AG (Switzerland)

• Becton, Dickinson and Company (US)

• MiltenyiBiotec (Germany)

• HiMedia Laboratories Pvt. Ltd. (India)

• STEMCELL Technologies Inc. (Canada)

• Biologos LLC (US)

• Cell Applications, Inc. (US)

• Caisson Laboratories Inc. (US)

• PromoCell GmbH (Germany)

• Cell Biologics, Inc. (US)

• InvivoGen (France)

• PAN-Biotech GmbH (Germany)

• PeproTech, Inc. (US)

• Cellular Technology Limited, LLC (US)

• ZenBio, Inc. (US)

• Athena Environmental Sciences, Inc. (US)

• Cyagen Biosciences (US)

• Biowest SAS (France)

• Akron Biotech (US)

Research Coverage:

This report provides a detailed picture of thecell culturemedia market. It aims at estimating the size and future growth potential of the market across different segments such as thetype, application, end user and region. The report also includes an in-depth competitive analysis ofthe key market players along with their company profiles recent developments and key market strategies.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall cell culture mediamarketand its subsegments.It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers,restraints, challenges,trends,and opportunities.