Fetal Bovine Serum Market Growing Popularity and Emerging Trends in the MarketPosted by sanjayhande on November 14th, 2019 Increase in R&D activities for producing novel biopharmaceuticals along with the expansion of biopharmaceutical industry drives the global fetal bovine serum market growth. Moreover, rise in investments and funding for research activities in developed and developing countries supplement the market growth. However, ethical & scientific issues related to the misuse of biotechnology research practices and scarcity of skilled personnel hinder the growth in the market. Contrarily, untapped potential in emerging geographies would offer new opportunities in the near future. According to the report, the global fetal bovine serum market garnered 5 million in 2017, and is expected to generate .03 billion by 2025, registering a CAGR of 5.1 % from 2018 to 2025. Click Here To Access The Sample Report @ https://www.alliedmarketresearch.com/request-sample/5261 Cell culture segment to continue its leadership in terms of revenue by 2025 Biotechnology and pharmaceutical company segment to be lucrative Based on end user, the biotechnology and pharmaceutical company segment accounted for nearly half of the total market share in 2017, and is expected to maintain its dominance during the forecast period. Moreover, it is expected to register the highest growth rate, with a CAGR of 5.5% from 2018 to 2025. It is a lucrative segment, owing to increase in research activities related to biotechnology by the key players along with rise in small scale players. The research also analyzes academic institutes and research institutes. North America to its dominance in terms of revenue by 2025 Leading market players analyzed in the research include
Obtain Report Details: https://www.alliedmarketresearch.com/fetal-bovine-serum-market Like it? Share it!More by this author |