Summary
The global Adult Calf Serum Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Adult Bovine Serum is extracted from the blood of mature cattle. These cattle are slaughtered for human consumption. This blood is separated from the red blood cells by a mechanical defibrination process and is stored at minus twenty degrees Celsius. Then, it is centrifuged to remove the red blood cells, leaving the calf serum. The bovine serum comes in four types, depending on the age of the cattle. Fetal bovine serum (FBS) is produced from the fetus of the animal, while newborn calf serum (NCS) is obtained from calves born in less than twenty-one days. Similarly, calf serum is obtained from cattle aged three weeks to 12 months. Adult bovine serum, on the other hand, contains mature bovine serum.
The growing number of contract research organizations especially is fueling the market growth. Increasing demand for calf serum to supplement the growth of medium in cell culture as it has a high content of embryonic growth promoting factors is again driving the adult calf serum market growth. The growing biopharmaceutical industry is also anticipated to foster the market growth of adult calf serum. According to the report by Pharma Manufacturing, the biopharma sector has seen incredible growth in recent decades. Total annual revenue has increased from about $4.4 billion in 1990 to about $275 billion in 2018, an increase of 6,250 percent, with biopharmaceuticals now more than 25 percent of the total pharmaceutical market. Also, increasing import and export of adult calf serum around the globe has further propelled the market growth of the fetal calf serum.
Europe is projected to gain significant growth over the forecast period and this is attributed to the strong presence of CROs in the region. According to Credevo, Europe was the second-largest dominating market globally for contract research organizations in the year 2018. The Europe CRO market is expected to reach US$ 22,157.62 Mn in 2025 from US$ 12,476.8 Mn in 2017.
Key Developments:
- In September 2020, Peak Serum, Inc. — an independent supplier of life science laboratory products has partnered with the national, membership-based biotech network, BioLabs, for its annual Care for Cures grant program. With this initiative, a biological research lab is selected to receive a fetal bovine serum donation from Peak Serum.
- In August 2020, Serum Institute of India enters into a partnership to accelerate the manufacture and delivery of Covid vaccines for India
The Adult Calf Serum Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Adult Calf Serum Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- 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
By the Product Type, the market is primarily segmented into:
- North America-sourced
- South America-sourced
- Australia-sourced
- Others
By Applications, the market is segmented into:
- Research & Development
- Commercial Production
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Adult Calf Serum Market Report:
- To assess the size of the market by value and volume
- Analyze the Adult Calf Serum Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine the share of the Adult Calf Serum Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state–of–the–art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Adult Calf Serum Market
The Adult Calf Serum Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Adult Calf Serum Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2019 are considered the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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