Global Porcine Serum Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Porcine Serum Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Porcine (Pig or Swine) serum is the clear, red-orange fluid that is obtained from separating blood, sourced from pigs, in to its solid and liquid components. Porcine Serum, like other animal sera, can be used as a supplement to basal growth medium in cell culture. Sera, like porcine serum, is an important component of cell culture media. It serves as a source for amino acids, proteins, fatsoluble vitamins (such as A, D, E, and K), carbohydrates, lipids, hormones, growth factors, minerals, and additional trace elements.

Market Overview:

The latest research study on the global Porcine Serum market finds that the global Porcine Serum market reached a value of USD 30.22 million in 2022. It’s expected that the market will achieve USD 48.78 million by 2028, exhibiting a CAGR of 8.31% during the forecast period.

Porcine Serum Market Drivers

Cell culture is one of the major tools used in cellular and molecular biology, providing excellent model systems for studying the normal physiology and biochemistry of cells (e.g., metabolic studies, aging), the effects of drugs and toxic compounds on the cells, and mutagenesis and carcinogenesis. It is also used in drug screening and development, and large scale manufacturing of biological compounds (e.g., vaccines, therapeutic proteins).With the development of cell culture technology and the continuous improvement of medical scientific research level, the quality of culture medium is required higher and higher in the process of cell culture.
Animal serum is the main component of culture medium, which is used for tissue culture, cell culture and diagnostic reagents. Porcine Serum is commonly used as a cell growth supplement in cell cultures, especially in cultures that proliferate mycoplasma or viruses. Porcine serum is suitable for various cell culture applications and also for vaccine production. The growing demand in downstream field will promote the development of Porcine Serum industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Thermo Fisher, Merck, Auckland BioSciences, with the revenue market share of 15.99%, 15.03%, 7.63% in 2021.

Thermo Fisher Scientific is an American supplier of scientific instrumentation, reagents and consumables, and software and services to healthcare, life science, and other laboratories in academia, government, and industry (including in the biotechnology and pharmaceutical sectors). Based in Waltham, Massachusetts, Thermo Fisher was created in 2006 by the merger of Thermo Electron and Fisher Scientific.

The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 57,000 employees and present in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany.

Segmentation Overview:

Among different product types, Sterile segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the In Vitro Diagnostics segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Porcine Serum market covered in Chapter 3:

Bio-Rad
Auckland BioSciences
GeneTex
Biowest
Agrisera
Merck
BIOLOGOS
Fitzgerald Industries
RMBIO
Equitech-Bio
Pel-Freez Biologicals
Thermo Fisher
Rockland

In Chapter 4 and Chapter 14.2, on the basis of types, the Porcine Serum market from 2018 to 2029 is primarily split into:

Sterile
Non-Sterile

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Porcine Serum market from 2018 to 2029 covers:

Cell culture
In Vitro Diagnostics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)