Fetal Bovine Serum Market is projected to have a considerable CAGR during the forecast period. Fetal bovine serum (FBS) is the liquid fraction of clotted blood from fetal calves, depleted of cells, fibrin, and clotting factors, but containing a large number of nutritional and macro-molecular factors essential for cell growth. Bovine serum albumin is the major component of FBS. Growth factors in FBS are essential for the maintenance and growth of cultured cells. FBS also contains a variety of small molecules such as amino acids, sugars, lipids, and hormones.
The market growth is driven by extensive demand for fetal bovine serum in drug discovery and R&D, from basic research to specialty assays. Besides, its significant demand in cell culture as an ideal cell growth supplement and growing preference over other types of cell culture sera is also fueling the growth of the market. There are a variety of fetal bovine serum grades including standard and specialty grades available in the market based on application. The increasing R&D activities for novel drugs, expansion of bio-pharmaceutical industries, and increase in investment and funding from the government also play a significant role in the growth of the fetal bovine serum market.
However, the ethical and scientific concerns associated with the potential misuse of biotechnology research practices and the shortfall of skilled personnel hinder the fetal bovine serum market. The rapid advancement in R&D activities and new drug developments by private and government sectors are expected to offer lucrative growth opportunities in the global fetal bovine serum market.
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Fetal Bovine Serum Market Segmentation
By Product Type
- Charcoal Stripped
- Chromatographic
- Dialyzed FBS
- Stem Cell
- Others (Exosome Depleted)
By End-User
- Bioproduct & Pharmaceutical Company
- Research Laboratory
- Academic Institute
- Others (Cell Bank)
By Application
- Industrial Research
- Antibody Production
- Veterinary Applications
- Scientific Research
- Cell Culture Maintenance
- Exosome Research
- Immunoassays Methods
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Access Biologicals LLC
- Animal Technologies, Inc.
- Atlanta Biologicals (R&D Systems, Inc.)
- Axil Scientific Pte Ltd
- Biological Industries Ltd.
- Biowest SAS
- Bovogen Biologicals Pty Ltd.
- Corning Inc.
- Cytiva
- ExCell Biotech Co., Ltd.
- General Electric Co.
- HiMedia Laboratories
- Life Technologies (India) Pvt Ltd
- Merck KGaA
- Moregate Biotech
- Nucleus Biologics
- PAN-Biotech GmbH
- Rocky Mountain Biologicals, Inc.
- Thermo Fisher Scientific Inc.
- Tissue Culture Biologicals
- TCS Biosciences Ltd.
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