Bovine serum (BS) is a commonly known component of cell culture media for cultural cells growth and development. Bovine serum is a liquid fraction of clotted blood harvested from bovine devoid of cells, protein and clotting components. Bovine serum market is gaining importance in cell culture application owing to bovine serum with high amount of essential nutritional and growth factors. Bovine serum is used in wide range of applications in research, development and commercialization. Its primary application is culture media for eukaryotic cells growth and proliferation. Apart from this, bovine serum market majority share covers by research and production of vaccines and biological drugs for human and veterinary applications. In research laboratories, it is used in several immunological assays and testing.
Increasing research and development activities owing to higher industry funding input is expected to fuel the market growth of bovine serum market. End user preference to bovine serum owing to its high content of natural macronutrients and micronutrients along with essential growth factors is expected to continue bovine serum market demand in the future. However, ethical and scientific concern of bovine serum collection, and increasing alternative culture media is expected to hamper bovine serum market in the future.
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The key players operating in the global bovine serum market are: Thermo Fisher Scientific Inc, Merck KGaA, GE Healthcare, Bio-Techne, Atlas Biologicals, Rocky Mountain Biologicals, Takara Bio, Inc, PAN-Biotech, Cell Culture Technologies LLC, Biological Industries, Caisson Laboratories, Inc and others.
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The report on Bovine Serum market covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2014 - 2018
- Market Size & Forecast 2019 to 2029
- Supply & Demand Value Chain
- Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
- Market Drivers and Restraints
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Regional analysis for Bovine Serum market includes
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
Report on Bovine Serum market highlights:
- Shifting industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size
- Recent industry trends
- Key competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
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