Market Overview:
The global Bacillus Licheniformis market is expected to grow at a CAGR of XX% and reach a value of USD XX million by 2030. The market is segmented by type, application and region. By type, the market is segmented into powder Bacillus licheniformis, solution Bacillus licheniformis and others. Solution Bacillus licheniformis held the largest share in 2017 owing to its high demand in medical applications. By application, the market is divided into medical, agriculture and others. Medical accounted for the majority of the share in 2017 due to its growing demand for probiotics worldwide.
Product Definition:
Bacillus licheniformis is a Gram-positive, spore-forming bacterium that is used as a probiotic and also has some industrial applications. It can be found in soil, water, and food products.
Powder Bacillus Licheniformis:
Powder bacillus licheniformis, commonly known as P.B.L., is a gram-positive bacteria that belongs to the genus Bacillus and is used in the production of biocatalysts for the synthesis of various chemicals such as lactic acid, polymers, and antibiotics.
Solution Bacillus Licheniformis:
Solution bacillus licheniformis is a novel probiotic strain, which was developed by the scientists of South Korea. The product has been patented in South Korea and China. According to the patent specification, Solution bacillus Licheniformis (SBL) can be used as a food supplement for improving gastrointestinal function and immune system response in humans and animals.
Application Insights:
The medical application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The product is used as an alternative therapy for various health conditions, such as skin infections, digestive disorders, respiratory problems and diabetes. It has been found effective against several pathogenic bacteria including Staphylococcus aureus, Escherichia coli O157:H7 and Klebsiella pneumoniae among others.
Bacillus licheniformis is considered to be one of the most significant discoveries in recent times regarding natural antimicrobial agents discovery due to its wide range of applications across different industries including food & beverages processing and textiles among others.
Regional Analysis:
North America dominated the global market in 2017. The rising number of product launches and increasing awareness about the product are some of the factors responsible for its large share. For instance, in January 2018, IFF launched a new solution bacillus licheniformis product line under brand name ‘B-LIF’ which includes powder and capsule formulations of bacillus licheniformis based products. These factors are also expected to drive regional growth over the forecast period.
Asia Pacific is expected to witness significant growth during the forecast period owing to rising consumer awareness regarding health benefits associated with probiotics supplements coupled with growing demand for functional food & beverages among consumers from China and India on account of increasing consumption patterns along with changing lifestyle trends. Increasing incidence rate of obesity has led manufacturers across various industry verticals including food & beverage, pharmaceuticals, cosmetics etc., adopt strategies such as launch or expansion of new products or services; mergers; acquisitions etc.
Growth Factors:
- Bacillus Licheniformis is a probiotic bacteria that helps improve gut health and digestion. This could lead to an increase in demand for the product as more people become aware of its benefits.
- Bacillus Licheniformis has been shown to be effective in fighting against harmful bacteria, including antibiotic-resistant strains. This could lead to an increase in demand from hospitals and other medical institutions seeking a natural alternative to antibiotics.
- Bacillus Licheniformis is also being studied for its potential use in treating cancer and other diseases. If these studies are successful, it could lead to an increase in demand for the product from consumers looking for a natural cure or prevention method.
- The number of people with allergies and sensitivities to traditional dairy products is on the rise, creating a need for dairy-free alternatives like those containing Bacillus Licheniformis . As this trend continues, so too will the demand for products containing this probiotic bacteria grow accordingly5
Scope Of The Report
Report Attributes
Report Details
Report Title
Bacillus Licheniformis Market Research Report
By Type
Powder Bacillus Licheniformis, Solution Bacillus Licheniformis, Others
By Application
Medical, Agriculture, Others
By Companies
Wuhan Nature’s Favour Bioengineering, Henan Yi Kang Bioengineering, Beihai Qunlin Shengwu Gongcheng, Xianpuairui Technology, Cangzhou Industrial Biological Technology, Zhengzhou Jinbaihe Biology Engineering, Shandong Gaolong Biology Technology, Cangzhou Wangfa Biology Technology, Cangzhou Huayu Biology Technology, Cangzhou Zhongxin Biology Technology, Shandong Tianxing Bio-Fechnology
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Bacillus Licheniformis Market Report Segments:
The global Bacillus Licheniformis market is segmented on the basis of:
Types
Powder Bacillus Licheniformis, Solution Bacillus Licheniformis, 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
Medical, Agriculture, Others
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:
- Wuhan Nature’s Favour Bioengineering
- Henan Yi Kang Bioengineering
- Beihai Qunlin Shengwu Gongcheng
- Xianpuairui Technology
- Cangzhou Industrial Biological Technology
- Zhengzhou Jinbaihe Biology Engineering
- Shandong Gaolong Biology Technology
- Cangzhou Wangfa Biology Technology
- Cangzhou Huayu Biology Technology
- Cangzhou Zhongxin Biology Technology
- Shandong Tianxing Bio-Fechnology
Highlights of The Bacillus Licheniformis 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:
- Powder Bacillus Licheniformis
- Solution Bacillus Licheniformis
- Others
- By Application:
- Medical
- Agriculture
- Others
- 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 Bacillus Licheniformis 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Bacillus licheniformis is a bacterium that can cause skin infections. It is found in soil and can also be spread through contact with infected surfaces, such as the hands or nails. Bacillus licheniformis can cause skin lesions that may become infected, leading to inflammation and pus formation.
Some of the major players in the bacillus licheniformis market are Wuhan Nature’s Favour Bioengineering, Henan Yi Kang Bioengineering, Beihai Qunlin Shengwu Gongcheng, Xianpuairui Technology, Cangzhou Industrial Biological Technology, Zhengzhou Jinbaihe Biology Engineering, Shandong Gaolong Biology Technology, Cangzhou Wangfa Biology Technology, Cangzhou Huayu Biology Technology, Cangzhou Zhongxin Biology Technology, Shandong Tianxing Bio-Fechnology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bacillus Licheniformis Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bacillus Licheniformis Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bacillus Licheniformis Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bacillus Licheniformis Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bacillus Licheniformis Market Size & Forecast, 2020-2028 4.5.1 Bacillus Licheniformis Market Size and Y-o-Y Growth 4.5.2 Bacillus Licheniformis Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder Bacillus Licheniformis
5.2.2 Solution Bacillus Licheniformis
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Agriculture
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bacillus Licheniformis Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bacillus Licheniformis Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder Bacillus Licheniformis
9.6.2 Solution Bacillus Licheniformis
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Agriculture
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder Bacillus Licheniformis
10.6.2 Solution Bacillus Licheniformis
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Agriculture
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder Bacillus Licheniformis
11.6.2 Solution Bacillus Licheniformis
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Agriculture
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder Bacillus Licheniformis
12.6.2 Solution Bacillus Licheniformis
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Agriculture
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder Bacillus Licheniformis
13.6.2 Solution Bacillus Licheniformis
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Agriculture
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bacillus Licheniformis Market: Competitive Dashboard
14.2 Global Bacillus Licheniformis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wuhan Nature’s Favour Bioengineering
14.3.2 Henan Yi Kang Bioengineering
14.3.3 Beihai Qunlin Shengwu Gongcheng
14.3.4 Xianpuairui Technology
14.3.5 Cangzhou Industrial Biological Technology
14.3.6 Zhengzhou Jinbaihe Biology Engineering
14.3.7 Shandong Gaolong Biology Technology
14.3.8 Cangzhou Wangfa Biology Technology
14.3.9 Cangzhou Huayu Biology Technology
14.3.10 Cangzhou Zhongxin Biology Technology
14.3.11 Shandong Tianxing Bio-Fechnology