What is Porcine Serum Market?
Porcine (Pig or Swine) serum is the clear, red-orange fluid that is obtained from separating blood, sourced from pigs, in its solid and liquid components that is used as a supplement to the basal growth medium in cell culture. Porcine Serum serves as a source for proteins, amino acids, fat-soluble vitamins (such as A, D, E, and K), carbohydrates, hormones, lipids, minerals, growth factors, and additional trace elements.
The market study is being classified, by Application (Mycoplasmas and Viruses Culture, Lymphocytes Culture, Vaccine Production and Others) and major geographies with country level break-up.
Bio-Rad Laboratories, Inc. (United States), Thermo Fisher Scientific (United States), Sigma-Aldrich (United States), GenWay Biotech, Inc. (United States), BioreclamationIVT, LLC (United States), Agrisera AB (Sweden), Fitzgerald Industries International (United States), VWR International, LLC (United States), ImmunoReagents (United States), Biowest (France), Gemini Bio-Products, Inc. (United States) and Auckland BioSciences Ltd (New Zealand) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Pel-Freez Biologicals (United States), Equitech-Bio Inc (United States), Merck & Co., Inc. (United States), GeneTex (United States) and Rockland Immunochemicals, Inc. (United States).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Porcine Serum market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Porcine Serum market by Type, Application and Region.
On the basis of geography, the market of Porcine Serum has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Demand as a Cell Culture Medium in Immunology and Biochemistry Fields
- Increasing Demand for Vaccine Production Applications
Market Trend
- High Demand for COVID-19 Vaccine Globally
Restraints
- Limitations Associated with Porcine Serum
Opportunities
- Increased Research and Development Activities
- Growth in the Healthcare Industry
Challenges
- Lack of Skilled Professionals
Key Target Audience
Porcine Serum Manufacturers, Distributors, Emerging Companies, Research Professionals and End-users