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Southern Africa is on the receiving end of the devastating impact of climate change, driving millions into hunger.
A record 45 million people mostly women and children in the 16-nation Southern African Development Community are gravely food insecure following repeated drought, widespread flooding and economic disarray, according to the WFP.
Countries like Zambia have been the hardest hit, with 2.3 million people affected as a result of the drought experienced during the 2018/19 growing season. Recently, some parts of the country experienced extensive flooding, which submerged agricultural land.
The magnitude of the problem in this part of the world has reached unprecedented levels, creating a threat to peace, security and stability. At the centre of this catastrophe are the small-scale farmers.
Small-scale farmers in this part of the world are critical because they grow food for household consumption, as well generate income for their local communities.
It is against this backdrop that agricultural biotechnology is gaining support from researchers and small-scale farmers who are struggling to recover from floods and droughts. The most significant advantages of genetically modified (GM) crops to small-scale farmers include environmental protection,boosting food production andsustaining rural livelihoods.
In a telephone interview, Sunday Chileya, a smal-lscale farmer based in the northern part of Zambia, expressed worry over food security as a result of the floods that have wiped out his entire field.
I dont know how I am going to feed my family because everything that I planted has gone, Chileya said.
Chileya, who has some basic knowledge of agricultural biotechnology, said the adoption of the technology was the only solution, owing to recurring floods and droughts that have led to crop failure.
I have an idea of what agricultural biotechnology is and the benefits, so why not promote it to help farmers like me? he asked.
Chileya pointed out that there is need to promote the adoption of the technology if small-scale farmers like him are to continue surviving
The climate keeps changing and so should our ways of farming so that we can survive the effects of climate change, Chileya said.
Experts such as Dr. Kalaluka Munyinda, a University of Zambia (UNZA) lecturer and researcher, say agricultural biotechnology is a significant technology that will help small-scale farmers who have been adversely affected by climate change.
Agricultural biotechnology is safe, he said. We are now experiencing extreme events when it comes to the weather and we can use this technology to develop crop varieties that will withstand any weather pattern.
In order to adapt to and mitigate the devastating impact of climate change, there is a need to encourage the use of agricultural biotechnology, Munyinda said.
We are now experiencing situations where pests and diseases are appearing whether its warm or cold and they are spreading rapidly, Munyinda said.
He emphasized that agricultural biotechnology has significant advantages, contrary to the fears that have been created around the technology.
You see as result of using this technology the use of pesticides harmful to our environment is reduced, Munyinda said, noting that other biotech crops will reduce the use of nitrogen fertilizers that contribute to a rise in greenhouse gases.
He reiterated that small-scale farmers are on the receiving hand of climate change.
Small-scale farmers feed us, he said, adding that 90 percent of the maize we consume is grown by small-scale farmers. So if they get affected we wont eat.
He said the Department of Crop Science at the University of Zambia has been working on maize, finger millet, cowpea and beans using biotechnology and he is hopeful that these will benefit small-scale farmers.
Benedict Tembo, an environmental reporter and editor at the Zambia Daily Mail, said agricultural biotechnology has benefits, contrary to the conspiracies peddled by certain groups with unknown agendas.
Fears that agricultural biotechnology is harmful are totally unfounded, he said. Right now, our region is facing the brunt of climate change and there is need to utilize technology that will help our farmers.
Tembo pointed out that Zambia and some other African countries are missing out on an opportunity to introduce pest-resistant Bt cotton, for example, to fight the pests and diseases that are prevalent in Zambia and other countries across the continent.
Agricultural biotechnology increases productivity, which means small-scale farmers will be able to take care of their families and strengthen their financial capacity, he said.
Tembocalled on journalists, who are on the frontlines in disseminating information to people, to report accurately on the benefits of agricultural biotechnology.
An enlightened journalist is an asset to society, which looks up to him/her for the provision of quality, accurate and timely information on the demystification of myths around biotechnology, he said.
Nanoparticles in Biotechnology and Pharmaceuticals Market 2020 Key Players, Share, Trend, Segmentation and Forecast to 2026 – Cole of Duty
New Jersey, United States,- The report is a must-have for business strategists, participants, consultants, researchers, investors, entrepreneurs, and other interested parties associated with the Nanoparticles in Biotechnology and Pharmaceuticals Market. It is also a highly useful resource for those looking to foray into the Nanoparticles in Biotechnology and Pharmaceuticals market. Besides Porters Five Forces and SWOT analysis, it offers detailed value chain assessment, comprehensive study on market dynamics including drivers, restraints, and opportunities, recent trends, and industry performance analysis. Furthermore, it digs deep into critical aspects of key subjects such as market competition, regional growth, and market segmentation so that readers could gain sound understanding of the Nanoparticles in Biotechnology and Pharmaceuticals market.
The research study is a brilliant account of macroeconomic and microeconomic factors influencing the growth of the Nanoparticles in Biotechnology and Pharmaceuticals market. This will help market players to make appropriate changes in their approach toward attaining growth and sustaining their position in the industry. The Nanoparticles in Biotechnology and Pharmaceuticals market is segmented as per type of product, application, and geography. Each segment is evaluated in great detail so that players can focus on high-growth areas of the Nanoparticles in Biotechnology and Pharmaceuticals market and increase their sales growth. Even the competitive landscape is shed light upon for players to build powerful strategies and give a tough competition to other participants in the Nanoparticles in Biotechnology and Pharmaceuticals market.
The competitive analysis included in the report helps readers to become aware of unique characteristics of the vendor landscape and crucial factors impacting the market competition. It is a very important tool that players need to have in their arsenal for cementing a position of strength in the Nanoparticles in Biotechnology and Pharmaceuticals market. Using this report, players can use effective business tactics to attract customers and improve their growth in the Nanoparticles in Biotechnology and Pharmaceuticals market. The study provides significant details about the competitive landscape and allows players to prepare for future challenges beforehand.
Nanoparticles in Biotechnology and Pharmaceuticals Market Segmentation
This market has been divided into types, applications and regions. The growth of each segment provides a precise calculation and forecast of sales by type and application, in terms of volume and value for the period between 2020 and 2026. This analysis can help you develop your business by targeting qualified niche markets. . Market share data are available at global and regional levels. The regions covered by the report are North America, Europe, Asia-Pacific, the Middle East and Africa and Latin America. Research analysts understand competitive forces and provide competitive analysis for each competitor separately.
Nanoparticles in Biotechnology and Pharmaceuticals Market by Type:
Nanoparticles in Biotechnology and Pharmaceuticals Market by Application:
Nanoparticles in Biotechnology and Pharmaceuticals Market by Region:
North America (The USA, Canada, and Mexico)Europe (Germany, France, the UK, and Rest of Europe)Asia Pacific (China, Japan, India, and Rest of Asia Pacific)Latin America (Brazil and Rest of Latin America.)Middle East &Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
The report answers important questions that companies may have when operating in the Nanoparticles in Biotechnology and Pharmaceuticals market. Some of the questions are given below:
What will be the size of the Nanoparticles in Biotechnology and Pharmaceuticals market in 2026?
What is the current CAGR of the Nanoparticles in Biotechnology and Pharmaceuticals market?
What products have the highest growth rates?
Which application is projected to gain a lions share of the Nanoparticles in Biotechnology and Pharmaceuticals market?
Which region is foretold to create the most number of opportunities in the Nanoparticles in Biotechnology and Pharmaceuticals market?
Which are the top players currently operating in the Nanoparticles in Biotechnology and Pharmaceuticals market?
How will the market situation change over the next few years?
What are the common business tactics adopted by players?
What is the growth outlook of the Nanoparticles in Biotechnology and Pharmaceuticals market?
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Table of Contents
Market Overview: This section comes under executive summary and is divided into four sub-sections. It basically introduces the Nanoparticles in Biotechnology and Pharmaceuticals market while focusing on market size by revenue and production, market segments by type, application, and region, and product scope.
Competition by Manufacturers: It includes five sub-sections, viz. market competitive situation and trends, manufacturers products, areas served, and production sites, average price by manufacturers, revenue share by manufacturers, and production share by manufacturers.
Market Share by Region: It provides regional market shares by production and revenue besides giving details about gross margin, price, and other factors related to the growth of regional markets studied in the report. The review period considered here is 2015-2019.
Company Profiles: Each player is assessed for its market growth in terms of different factors such as markets served, gross margin, price, revenue, production, product specification, and areas served.
Manufacturing Cost Analysis: It is sub-divided into four chapters, viz. industrial chain analysis, manufacturing process analysis, manufacturing cost structure, and key raw materials analysis.
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Coronavirus (COVID-19) Impact on Agricultural Biotechnology Market 2020: Sales, Revenue of Top Companies, Emerging Technology Trends, Future Scope of…
"Agricultural Biotechnology Market"
Agricultural Biotechnology Market: Information by Crop Type (Soybean, Maize, Cotton, and others), Application (Herbicide Tolerance, Stacked Traits, Insect Tolerance, and others), Technique (Genetic Engineering, Molecular Breeding, Molecular Diagnostics and Tissue Culture) and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) - Global Forecast till 2022
Global agricultural biotechnology market, including growth rate, key domains, segmentation, etc
The international agricultural biotechnology market is speculated to witness growth at CAGR of 10.10% by 2022. It was estimated to be worth USD 27,778.64 Million in 2018. Agricultural biotechnology market is considered as one of the swiftly advancing segments due to growing cultivation of biotechnology-based products. The growing level of investment in research and development is also touted as among the prime reasons behind the significant prospect of the market all throughout. With growing entrepreneurial emphasis, the market is speculated to advance in a much effective fashion.
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Demand for agricultural biotechnology is witnessing consistent growth. This can be realized through the growing level of cultivation of the biotech crops. Moreover, cultivation has grown all across the globe. In fact, this aspect is speculated to enhance the growth of the international agricultural biotechnology market. It can be seen the level of demand for genetically modified crops has grown in a great way. Especially, the growth has been witnessed in developed parts like Europe.
The international zone for the biotechnology crops was around 190 million hectares, which was 185 million in 2016. In short, the level of cultivation is steadily growing and is expected to remain constant during the forecast period. The amount of land acquired and used for these purposes has grown in all parts, including the US. Above all, more than 70 nations have accepted the biotech crop cultivation. To be specific, India, US, Brazil, Argentina, and Canada are among the leading names in this context.
Agricultural Biotechnology Market Segmentation
International Agricultural Biotechnology Industry can be segmented on the basis of crop Type, Application, And Technique. On the basis of crop type, the global agricultural biotech market can be segmented into soybean, maize, cotton, and others. On the basis of application, the international agricultural biotechnology market is segmented into herbicide tolerance, stacked traits, insect tolerance, and others. In terms of technique, the international agricultural biotechnology is divided into genetic engineering, molecular breeding, molecular diagnostics, and tissue culture. Similarly, the market is segmented on the basis of region as well, is divided into the US, Europe, Asia Pacific, Middle East, and Africa.
Agricultural Biotechnology Market Regional Analysis
On the basis of region, the international agricultural biotech market is segmented into the US, Europe, Asia-Pacific, Middle East, and Africa. The US is considered the global leader in the agricultural biotechnology industry. A consistent boost in the cultivation of biotech crops is said to be the key reason behind the growth.
Asia-Pacific is among the other, a swiftly growing region in the global market. To be specific, the Indian market is the most prominent in this segment. Japan also shows great prospects. UK and Germany are leading European nations. The most significant among others are the African and Middle East market touted to be the most promising.
Agricultural Biotechnology Market Key Players
The Prominent Players in the GlobalAgricultural Biotechnology MarketareArcadia Biosciences (US)., Thermo Fisher Scientific (US), Bayer AG (Germany), Biocentury Transgene Co., Ltd (China), Vilmorin & Cie (France), Eurofins Scientific (Luxembourg), LGC Biosearch Technologies (US), Corteva Agriscience ( US), Dr. Chip Biotech Inc. (Taiwan), Evogene Ltd (Israel), and Yield10 Bioscience, Inc. (US).
Agricultural Biotechnology Industry news
Cole of Duty publishes reports on the global growth perspective of the agricultural biotechnology market. The report figures out all the crucial aspects associated with the market contributing to the market. It also identifies the key domains where the growth prospect is expected to be the most significant. It thus provides wholesome analysis on each aspect associated with the market.
TABLE OF CONTENT1 EXECUTIVE SUMMARY$ 1,350.002 MARKET INTRODUCTION $ 0.003 RESEARCH METHODOLOGY $ 0.004 MARKET DYNAMICS$ 950.005 MARKET FACTOR ANALYSIS$ 950.006 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, BY CROP TYPE$ 1,650.007 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, BY APPLICATION$ 1,650.008 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, BY TECHNIQUE$ 1,650.009 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, BY REGION
LIST OF TABLES$TABLE 1 MARKET SYNOPSIS 13TABLE 2 LIST OF ASSUMPTIONS 15TABLE 3 COUNTRY SCENARIO OF GENETICALLY MODIFIED ORGANISM (GMO) CROPS PROHIBITION 28TABLE 4 GLOBAL AGRICUTURAL BIOTECHNOLOGY MARKET, BY CROP TYPE 2013-2022 (USD MILLION) 35TABLE 5 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, FOR SOYBEAN, BY REGION 2013-2022 (USD MILLION) 35TABLE 6 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, FOR MAIZE, BY REGION 2013-2022 (USD MILLION) 35TABLE 7 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, FOR MEDIUMTHROUGHPUT, BY REGION 2013-2022 (USD MILLION) 36TABLE 8 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, FOR OTHER CROPS, BY REGION 2013-2022 (USD MILLION) 36TABLE 9 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET, BY APPLICATION 2013-2022 (USD MILLION) 38
LIST OF FIGURES$FIGURE 1 GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET STRUCTURE 15FIGURE 2 BOTTOM-UP AND TOP-DOWN APPROACHES 21FIGURE 3 MARKET DYNAMICS: ANALYSIS OF THE GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET 24FIGURE 4 GLOBAL AREA OF BIOTECH CROPS, BY REGION, 20152017 (MILLION HECTARES) 25FIGURE 5 CULTIVATION AREA OF BIOTECH CROPS, BY COUNTRY, 2016 & 2017 (MILLION HECTARES) 26FIGURE 6 DRIVERS IMPACT ANALYSIS 27FIGURE 7 RESTRAINT IMPACT ANALYSIS 28FIGURE 8 PORTERS FIVE FORCES ANALYSIS: GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET 30FIGURE 9 VALUE CHAIN ANALYSIS OF THE GLOBAL AGRICULTURAL BIOTECHNOLOGY MARKET 32
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Global Food Delivery Logistic Market Report provides complete industry analysis, market outlook, size, growth, opportunities and forecast 2026. This report will assist in analyzing the current and future business trends, sales and revenue forecast. It provides top manufacturers information along with Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and growth.
The new Food Delivery Logistic market research report provides an in-depth analysis of this business space, thereby summarizing all the segments of the industry. The report offers crucial insights regarding the total earnings of major players operating in the industry. Furthermore, vital information pertaining to the regional terrain and competitive landscape are presented in the report.
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Emphasizing on the major aspects of the Food Delivery Logistic market report:
Comprehensive assessment of the geographical scenario of Food Delivery Logistic market:
Highlighting the competitive terrain of Food Delivery Logistic market:
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Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Chapter 2: Executive Summary
Chapter 3: Food Delivery Logistic Industry Insights
Technological and innovation landscape
Chapter 4: Food Delivery Logistic Market, By Region
Chapter 5: Company Profile
1. Global and China Mission Critical Communication (MCC) Solution Market Size, Status and Forecast 2020-2026The and China Mission Critical Communication (MCC) Solution Market Report offer the complete scenario of the industry and valuation of upcoming Trends for future market. It also gives the analytic of enduring growth factor, trends and statistic of and China Mission Critical Communication (MCC) Solution Market industry. The and China Mission Critical Communication (MCC) Solution Market has been outlined by overall information and analysis.Read More: https://www.marketstudyreport.com/reports/global-and-china-mission-critical-communication-mcc-solution-market-size-status-and-forecast-2020-2026
2. Global and China Mission Critical Communication (MCC) Market Size, Status and Forecast 2020-2026and China Mission Critical Communication (MCC) Market report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market.Read More: https://www.marketstudyreport.com/reports/global-and-china-mission-critical-communication-mcc-market-size-status-and-forecast-2020-2026
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Agricultural Biotechnology Market Analysis and In-depth Research on Forecast 2018-2025 – 3rd Watch News
Global Agricultural Biotechnology Market Research Report 20182025 is a historical overview and in-depth study on the current & future market of the Agricultural Biotechnology industry. The report represents a basic overview of the market status, competitor segment with a basic introduction of key vendors, top regions, product types and end industries. This report gives a historical overview of the market trends, growth, revenue, capacity, cost structure, and key drivers analysis.
The report is an exhaustive analysis of this market across the world. It offers an overview of the market including its definition, applications, key drivers, key market players, key segments, and manufacturing technology. In addition, the study presents statistical data on the status of the market and hence is a valuable source of guidance for companies and individuals interested in the industry. Additionally, detailed insights on the company profile, product specifications, capacity, production value, and market shares for key vendors are presented in the report.
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The total market is further segmented based on company, country, and application/type for competitive landscape analysis. On the contrary, information on industry chain structure, emerging applications, and technological developments in the market makes the report a must-read document.
The report reveals detailed information about the global key players as well as some small players of the Agricultural Biotechnology sector.
Target Audience of the Global Agricultural Biotechnology Market in Market Study:Key Consulting Companies & AdvisorsLarge, medium-sized, and small enterprisesVenture capitalistsValue-Added Resellers (VARs)Third-party knowledge providersInvestment bankersInvestors
These insights help determine the strength of competition and take the necessary steps to obtain a leading position in the Agricultural Biotechnology industry.
Additionally, the research provides a detailed analysis of the key segments of the market with the help of charts and tables. An overview of each market segment such as type, application, and region are also provided in the report. These insights help in understanding the global trends in the Agricultural Biotechnology industry and form strategies to be implemented in the future.
The regional analysis of global Agricultural Biotechnology market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high disposable income coupled with rising trend of interior designing in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 20182025
Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement. For more connect with us at [emailprotected] or call toll free: +1-800-910-6452
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Key Market Segments
The key players profiled in this report includeBayer AG, Dowdupont Inc., Syngenta AG, BASF SE, Adama Agricultural Solutions Ltd., Certis USA LLC, Evogene Ltd., KWS SAAT SE, Monsanto Company, Vilmorin & CIE, and so on.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The study clearly reveals that the Agricultural Biotechnology industry has attained remarkable growth since 20182025. This research report is prepared based on an in-depth analysis of the market by experts. As a final point, stakeholders, investors, product managers, marketing executives, and other professionals seeking unbiased data on supply, demand, and future forecasts would find the report valuable.
Table of Contents
Chapter 1. Global Agricultural Biotechnology Market Definition and ScopeChapter 2. Research MethodologyChapter 3. Executive SummaryChapter 4. Global Agricultural Biotechnology Market DynamicsChapter 5. Agricultural Biotechnology Market, by ComponentChapter 6. Global Agricultural Biotechnology Market, by ServicesChapter 7. Global Agricultural Biotechnology Market, by Organization SizeChapter 8. Agricultural Biotechnology Market, by VerticalChapter 9. Agricultural Biotechnology Market, by Regional AnalysisChapter 10. Competitive Intelligence
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Media, Sera And Reagents In Biotechnology Market Insights on Trends, Application, Types and Users Analysis COVID-19 2023 – 3rd Watch News
The global market formedia, sera and reagents in biotechnologyshould reach $5.5 billion by 2023 from $4.1 billion in 2018 at a compound annual growth rate (CAGR) of 6.0% for the period 2018-2023.
Cell culture products are used from the point of drug discovery through the process of drug development. Cell culture products are used mainly for research purposes, for production of biopharmaceuticals, and for educational purposes. This report focuses on the global market for media, sera and reagent products used in the cell culture industry and discusses the applications in various arenas of biomedical and life science research. The report addresses the whole market for cell culture including the research segment, production segment, contract segment, and others segment, which includes the in vitro diagnostics and educational sector.
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The scope of the study is worldwide. Current market dynamics, market drivers, restraints, trends, regulatory issues, and strategic developments are discussed in the report. In the regional analysis, the report identifies and analyzes market size and forecasts for the U.S., Europe and emerging markets. The emerging markets for media, sera and reagents in biotechnology include India, China, Japan, Korea, Taiwan, Canada, Africa, Australia, New Zealand, and other countries.
Also included in the report are relevant patent analyses and comprehensive profiles of companies that lead the market for media, sera and reagents in the cell culture industry. A few prominent players in this industry are Thermo Fisher Scientific, Merck KGaA, GE Healthcare Life Sciences, BD Biosciences, and Corning Inc.
An overview of the global markets and technologies for media, sera and reagents used in biotechnology. Analyses of global market trends, with data from 2015 and 2016, and projections of compound annual growth rates (CAGRs) through 2021. Information on different types of cell cultures and products from cell culture technology as well as the advantages and disadvantages for the use of various types of media. Detailed analysis of the cell culture industrys structure. Discussion covering the applications of cell culture technology with an emphasis on usage in the research, production, and contract segments. Profiles of major players in the media, sera, and reagents industry.
In the past decade, there has been a significant shift in the nature of the products being manufactured and sold by biotechnology companies. Innovative products are coming to market that help to increase the growth and differentiation of cells in in vitro conditions. Launch of innovative cell culture products and growing demand for biopharmaceuticals reflect increased use of cell culture products.
The global biopharmaceutical portfolio of today is a sign of increased therapeutic competition and expansion in a number of targeted therapies. These trends have given rise to highly specific manufacturing requirements, including cell culture media, sera and reagents. The fundamental shift in the pharmaceutical industry from small-molecule or chemical-based drugs towards biotherapeutics and a focus on consistently improving the efficiency and effectiveness of production are spurring an evolution in cell culture technology that is needed to support advanced biopharmaceutical manufacturing. Development of cell culture products, especially serum-free and animal-component-free media, has improved manufacturing processes by conferring many advantages.
The global market for cell culture products is driven by increased demand for biologics including biosimilars; by use of cell-based methods for vaccine production; and by use of cell lines for new drug developments. Ever-increasing demand for biopharmaceuticals has forced manufacturers to move toward contract manufacturing and research organizations, which will help the cell culture market to grow further during the forecast period of 2016 to 2021.
This report analyzes the market under three main segments: sera, media and reagents. All three categories are witnessing growth because of increased demand for biopharmaceuticals and research activities in the field of regenerative medicine. Use of mammalian cells to increase capacity, scalability and flexibility in vaccine production is an additional factor for the growth of the cell culture product market. Major companies operating in the cell culture market include BD Biosciences, Lonza Group, Sigma-Aldrich Corp. (a part of Merck KGaA), and Thermo Fisher Scientific Inc.
Innovation in biotechnology is interrelated with research and development (R&D) discoveries. As the biopharmaceutical portfolio continues to evolve, the manufacturing technologies and superior cell culture products offered by companies such as Sartorius Stedim Biotech SA, EMD Millipore (a part of Merck KGaA), and others will continue to advance in the coming years.
In 2015, the U.S. was the largest market for cell culture products, accounting for about 42.1% of the global market. The U.S. has one of the most supportive environments for the development and commercialization of new drugs, as it is the worlds largest free-pricing market for pharmaceuticals and has high per capita incomes. A large elderly population and high rates of chronic diseases and affordability are other factors that make the U.S. suitable for the development and consumption of drugs. Support from the government for medical research, an unparalleled scientific and research base, and an innovative biotechnology sector are the major factors that make the U.S. market the preferred home for growth in the healthcare industry, which also includes biotechnology.
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