Published By : 26 Aug 2016 | Published By : QYRESEARCH
With the increasing use of microorganisms in the production of various items, industrial microbiology solutions have become more important than ever before. The market is also gaining impetus from the rising demand for automation. However, the rising focus on the industrial food and safety is expected to emerge as a key driver of the global industrial microbiology market.
As an inevitable outcome of rising population, the demand for consumer products has been increasing at a rapid pace. In response to this, the demand for efficient screening of the product quality and safety is rising as well. The global industrial microbiology market is expected to gain significantly from the implementation of stringent safety regulations aimed at ascertaining the quality of consumer products.
Rising Incidence of Product Recalls Fuels Demand from Industrial Microbiology Market
Industrial microbiology entails the management and screening of microorganism that go in the manufacturing of various products. The increasing product recalls over the last few years have become a crucial concern for companies manufacturing cosmetics, pharmaceuticals, and those engaged in the production of agricultural products. Accurate and timely investigation of pathogens present in microorganisms they use for industrial purposes is therefore important to shield their brand image and reduce the overall industry costs.
Moreover, microorganisms are also considered crucial for the fermentation of beer, wine, and cheese. Proper screening of industrial microorganisms is therefore essential, which in turn fuels demand from the global industrial microbiology solutions market.
Implementation of Stringent Regulation to Dampen Market’s Growth
Despite witnessing favorable growth worldwide, the lack of skilled professionals and the high cost of screening processes are hampering the market’s growth to an extent. Nevertheless, in the near future the market is expected to gain considerably from the increasing use of microorganisms in the bioremediation process, manufacturing of empty capsules, preparing genetically modified food products, and in the production of syrup formulation.
Regionally, North America led the global industrial microbiology market in 2015. The enterprises operating in this regional market witness lucrative opportunities in the U.S. The increasing spending on pharmaceutical research and development and the favorable reimbursement policies are the key factors fuelling demand from the North America industrial microbiology market.