Market Overview:
The global fetal bovine serum market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fetal bovine serum in scientific research and industrial production applications. North America-sourced fetal bovine serum is expected to dominate the market during the forecast period, followed by South America-sourced and Australia-sourced fetal bovine serum. Asia Pacific is projected to be the fastest growing region in terms of CAGR during the forecast period.
Product Definition:
Fetal Bovine Serum is a nutrient rich serum that is collected from pregnant cows. It has many uses in the lab, including serving as a medium for cell culture and being added to other solutions to increase their nutrient content.
North America-sourced:
North America-sourced fetal bovine serum (FBS) is a kind of protein used for the culture medium in cell cultivation. It's produced from the blood of pregnant cows, which gives it an extra strength to develop antibodies and proteins that are important for cell cultivation. FBS has been widely used as a culture medium in stem cells research and production of various biologics including monoclonal antibodies, recombinant proteins, vaccines etc.
South America-sourced:
South America-sourced and it's usage in fetal bovine serum market was estimated to be around USD 6.5 million in 2016. Increasing demand for bovine derived products coupled with growing concerns regarding the supply of raw materials is expected to drive growth over the forecast period.
The region has been witnessing a significant increase in cattle production, which is one of the primary factors driving demand for animal by-products such as blood & milk proteins.
Application Insights:
On the basis of application, the global market is segmented into scientific research and industrial production. The scientific research segment held a major share in 2017 owing to increased R&D activities pertaining to product usage for various purposes such as vaccine development, diabetes treatment, cancer cell cultivation and stem cell preservation.
The use of fetal bovine serum in industrial production is expected to witness significant growth over the forecast period due to its rising demand from several industries including biopharmaceuticals, cosmetics and food processing. FBS plays an important role in maintaining a healthy population of cells which includes immune system cells along with other functions such as preventing genetic mutations caused by oxidative stress or radiation exposure. Thus increasing demand for these products from various applications has resulted in high consumption globally over recent years.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being a developed nation, has greater access to bovine fetal serum than most of the developing nations across the globe. Moreover, high demand for cosmetics and pharmaceuticals is driving growth in this region.
Asia Pacific Fetal Bovine Serum (APAC-FBS) market is expected to witness lucrative growth over the forecast period owing to factors such as growing population and rising awareness about advanced products among consumers & healthcare professionals coupled with increasing industrialization & research activities in emerging economies such as China and India are anticipated to drive regional demand for APAC-FBS over the forecast period.
Growth Factors:
- Increasing demand for fetal bovine serum in the biotechnology and pharmaceutical industries for research and development purposes.
- Rising prevalence of chronic diseases such as cancer, diabetes, and heart diseases that require extensive research for their treatment.
- Growing investments by private and public sector organizations in life sciences research programs.
- Technological advancements in the field of biotechnology that has led to the development of novel therapies and treatments for various diseases.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fetal Bovine Serum Market Research Report
By Type
North America-sourced, South America-sourced, Australia-sourced, Others
By Application
Scientific Research, Industrial Production
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Fetal Bovine Serum Market Report Segments:
The global Fetal Bovine Serum market is segmented on the basis of:
Types
North America-sourced, South America-sourced, Australia-sourced, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Scientific Research, Industrial Production
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Fetal Bovine Serum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- North America-sourced
- South America-sourced
- Australia-sourced
- Others
- By Application:
- Scientific Research
- Industrial Production
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fetal Bovine Serum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fetal bovine serum (FBS) is a blood product obtained from pregnant cows. It is used in research and as a source of protein for animals.
Some of the key players operating in the fetal bovine serum market are 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.
The fetal bovine serum market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fetal Bovine Serum Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fetal Bovine Serum Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fetal Bovine Serum Market - Supply Chain
4.5. Global Fetal Bovine Serum Market Forecast
4.5.1. Fetal Bovine Serum Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fetal Bovine Serum Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fetal Bovine Serum Market Absolute $ Opportunity
5. Global Fetal Bovine Serum Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fetal Bovine Serum Market Size and Volume Forecast by Type
5.3.1. North America-sourced
5.3.2. South America-sourced
5.3.3. Australia-sourced
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fetal Bovine Serum Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fetal Bovine Serum Market Size and Volume Forecast by Application
6.3.1. Scientific Research
6.3.2. Industrial Production
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fetal Bovine Serum Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fetal Bovine Serum Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fetal Bovine Serum Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fetal Bovine Serum Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fetal Bovine Serum Demand Share Forecast, 2019-2026
9. North America Fetal Bovine Serum Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fetal Bovine Serum Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fetal Bovine Serum Market Size and Volume Forecast by Application
9.4.1. Scientific Research
9.4.2. Industrial Production
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fetal Bovine Serum Market Size and Volume Forecast by Type
9.7.1. North America-sourced
9.7.2. South America-sourced
9.7.3. Australia-sourced
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fetal Bovine Serum Demand Share Forecast, 2019-2026
10. Latin America Fetal Bovine Serum Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fetal Bovine Serum Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fetal Bovine Serum Market Size and Volume Forecast by Application
10.4.1. Scientific Research
10.4.2. Industrial Production
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fetal Bovine Serum Market Size and Volume Forecast by Type
10.7.1. North America-sourced
10.7.2. South America-sourced
10.7.3. Australia-sourced
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fetal Bovine Serum Demand Share Forecast, 2019-2026
11. Europe Fetal Bovine Serum Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fetal Bovine Serum Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fetal Bovine Serum Market Size and Volume Forecast by Application
11.4.1. Scientific Research
11.4.2. Industrial Production
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fetal Bovine Serum Market Size and Volume Forecast by Type
11.7.1. North America-sourced
11.7.2. South America-sourced
11.7.3. Australia-sourced
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fetal Bovine Serum Demand Share, 2019-2026
12. Asia Pacific Fetal Bovine Serum Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fetal Bovine Serum Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fetal Bovine Serum Market Size and Volume Forecast by Application
12.4.1. Scientific Research
12.4.2. Industrial Production
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fetal Bovine Serum Market Size and Volume Forecast by Type
12.7.1. North America-sourced
12.7.2. South America-sourced
12.7.3. Australia-sourced
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fetal Bovine Serum Demand Share, 2019-2026
13. Middle East & Africa Fetal Bovine Serum Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fetal Bovine Serum Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fetal Bovine Serum Market Size and Volume Forecast by Application
13.4.1. Scientific Research
13.4.2. Industrial Production
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fetal Bovine Serum Market Size and Volume Forecast by Type
13.7.1. North America-sourced
13.7.2. South America-sourced
13.7.3. Australia-sourced
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fetal Bovine Serum Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fetal Bovine Serum Market: Market Share Analysis
14.2. Fetal Bovine Serum Distributors and Customers
14.3. Fetal Bovine Serum Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Thermo Fisher
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sigma-Aldrich
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Merck
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Moregate BioTech
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gemini
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Atlanta Biologicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tissue Culture Biologicals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bovogen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Biowest
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Internegocios
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. RMBIO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Biological Industries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. PAN-Biotech
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. VWR
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Corning
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Animal Technologies
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Serana
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. WISENT
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Peak Serum
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
