The Cell Culture Media Market is expected to reach $14.64 billion by 2029, at a CAGR of 13.2% from 2022 to 2029. Cell growth requires a complex mixture of nutrients. Cell culture media provide these essential nutrients for in vitro mammalian cell culture. Cell culture media generally comprises an appropriate energy source and compounds that regulate the cell cycle. In addition to nutrients, the medium also helps maintain the pH and osmolality of the growing cells.
The growth of this market is driven by factors such as growing demand for monoclonal bodies, increasing prevalence of chronic diseases, growing funding for cell-based research, growing demand for biopharmaceuticals, and increasing R&D spending in the life science sector. Furthermore, the growing adoption of 3D cell culture, the growth potential of personalized medicine, and emerging economies are expected to provide significant opportunities for the growth of this market. However, ethical concerns regarding cell biology research and reproducibility of results challenge the growth of the market upto a certain extent.
COVID-19 Pandemic Impact: Cell Culture Media Market
In March 2020, the World Health Organization (WHO) declared the outbreak of COVID-19 a pandemic. Various established pharmaceutical & biopharmaceutical companies and small startups stepped forward to develop treatments and vaccines that target the infection caused by the novel coronavirus. Also, the economic and social burden of the pandemic drove government bodies to increase support for vaccine development and manufacturing, leading to an increase in the adoption of cell culture media for COVID-19 research.
As the global COVID-19 pandemic evolved, researchers tried to understand the biology of different virus variants to develop new therapeutic methods. This study process started in laboratory experiments to understand whether a drug can stop the virus from replicating in cells in a dish or whether a vaccine is effective on the virus. The experiments led to discoveries and new insights for developing treatments, vaccines, and diagnostic tools. On February 4, 2020, the Centers for Disease Control and Prevention (CDC) shipped the SARS-CoV-2 virus strain to the Biodefense and Emerging Infections Research (BEI) Resources Repository and was made available globally for researchers in the scientific and medical community to use the strain in their studies. Several vaccines or antiviral drugs for COVID-19 have been approved or are under development and manufacturing. This has increased the demand for cell culture products, including cell culture media.
For COVID-19-related projects, in vitro cell culture models played an important part in the study. Human lung epithelium models are currently being tested as a platform for COVID-19 research. The other models used are Normal Human Bronchial Epithelial Cells, Normal Human Small Airway Epithelial Cells, Tissue-specific Extracellular Matrices, and Airway Primary Endothelial Cells. The major areas of COVID-19 research were antiviral research, vaccine development, pathogenesis research, and virus stability research. Hence, COVID-19 positively impacted the growth of cell culture media products.
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Growing Funding for Cell-based Research to Drive Market Growth
Research studies help understand the response of cells towards any chemical. This study further helps find novel components that can be used globally for people's well-being. Also, these studies are carried out over a long period of time as standardization is needed when finding novel components. Such studies require investments, which further support more wide innovations in the medical field. For instance:
These investments and support for cell-based research activities increase the demand for cell culture media products.
Key Findings of the Cell Culture Media Market Study
In 2022, the Serum-free Media Segment to Dominate the Cell Culture Media Market
Based on product, in 2022, the serum-free media segment is estimated to command the largest share of the cell culture market. The easy downstream processing of components after production from media, increased demand for various recombinant proteins & types of culture, and rising antibody production leading to serum-free hybridoma adoption are some of the major factors driving the growth of this segment.
In 2022, the Bioproduction Segment to Dominate the Cell Culture Media Market
Based on application, the bioproduction segment is estimated to command the largest share of the cell culture media market in 2022. The major factor contributing to the large market share of this segment is the rising number of chronic diseases globally. In such situation, biotherapeutics are used for treating chronic diseases which increased their production and simultaneously the usage of cell culture media for the bioproduction.
In 2022, the Pharmaceutical & Biotechnology Companies Segment to Dominate Cell Culture Media Market
In 2022, the pharmaceutical & biotechnology companies segment is estimated to account for the largest share of the cell culture media market. Factors such as the expansion of production & cell culture facilities, the growing focus on cell-based pharmaceutical research activities, and the rising number of biotech start-ups are some of the factors driving the growth of this segment.
Asia-Pacific: Fastest-growing Regional Market
Based on geography, Asia-Pacific is expected to register the highest growth rate during the forecast period. The growth is attributed to the rising technological advancements in biotechnology & pharmaceutical centers, growing focus on developing vaccines & clinical research activities, the presence of major research organizations, low manufacturing & labor costs, and developing healthcare infrastructure.
Key Players
The key players profiled in the cell culture media market study are Merck KGaA (Germany), Thermo Fisher Scientific Inc. (U.S.), PromoCell GmbH (Germany), Cytiva (U.S.), Lonza Group Ltd (Switzerland), Corning Incorporated (U.S.), Becton, Dickinson and Company (U.S.), HiMedia Laboratories (India), Sartorius AG (Germany), FUJIFILM Holdings Corporation (Japan), Agilent Technologies, Inc. (U.S.), Miltenyi Biotec B.V. & Co. KG (Germany), BIOLOGOS (U.S.), STEMCELL Technologies Inc. (Canada), and Cell Applications, Inc. (U.S.).
Scope of the Report:
Cell Culture Media Market, by Product
Cell Culture Media Market, by Application
Cell Culture Media Market, by End User
Cell Culture Media Market, by Geography
Key questions answered in the report:
The cell culture media market study covers the market sizes & forecasts for various cell culture media products used in the life science sector. The report involves the value analysis of various segments and subsegments of the cell culture media market at the regional and country levels.
The cell culture media market is projected to reach $14.64 billion by 2029, at a CAGR of 13.2% during the forecast period.
Based on product, in 2022, the serum-free media segment is estimated to account for the largest share of the cell culture media market. This segment is also expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is driven by the benefits of this media compared to other media types, which ultimately leads to increased production.
The pharmaceutical & biotechnology companies segment is slated to register the highest CAGR during the forecast period. The growth of this segment is driven by the focused aim of pharmaceutical & biotechnology companies to find treatment methods for various chronic and rare diseases, which, in turn, is expected to drive the need for cell culture models for testing products.
The growth of this market is driven by factors such as the growing demand for monoclonal bodies, increasing prevalence of chronic diseases, funding for cell-based research, the launch of new cell culture media by market players, growing demand for biopharmaceuticals, and increase in R&D spending in the life science sector.
In addition, the growing adoption of 3D cell culture, the new growth potential of personalized medicine, and emerging economies are expected to provide significant opportunities for the growth of this market.
The key players operating in the cell culture media market are Merck KGaA (Germany), Thermo Fisher Scientific Inc. (U.S.), PromoCell GmbH (Germany), Cytiva (U.S.), Lonza Group Ltd (Switzerland), Corning Incorporated (U.S.), Becton, Dickinson and Company (U.S.), HiMedia Laboratories (India), Sartorius AG (Germany), FUJIFILM Holdings Corporation (Japan), Agilent Technologies, Inc. (U.S.), Miltenyi Biotec B.V. & Co. KG (Germany), BioLogos (U.S.), STEMCELL Technologies Inc. (Canada), and Cell Applications, Inc. (U.S.).
Emerging economies from Asia-Pacific are projected to offer significant growth opportunities for vendors operating in this market due to the developing life science sector, rise in funding and research activities in China, and the growth in the number of CROs and CDMOs.
This report provides pre & post COVID-19 market estimates.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-up Approach
2.3.1.2. Top-down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Demand for Monoclonal Bodies
4.2.2. Increasing Prevalence of Chronic Diseases
4.2.3. Rising Funding for Cell-based Research
4.2.4. Launch of New Cell Culture Media
4.2.5. Growing Demand for Biopharmaceuticals
4.2.6. Increasing R&D spending in the Life Science Sector
4.3. Restraints
4.3.1. High Cost of Cell Biology Research
4.4. Opportunities
4.4.1. Emerging Economies
4.4.2. Personalized Medicine
4.4.3. Growing Adoption of 3D Cell Culture
4.5. Challenges
4.5.1. Ethical Concerns Regarding Cell Biology Research
4.5.2. Reproducibility of Results
4.6. The Impact of COVID-19 on the Cell Culture Media Market
5. Cell Culture Media Market, by Product
5.1. Introduction
5.2. Serum-free Media
5.3. Chemically-defined Media
5.4. Classical Media
5.5. Xeno-free/Animal Component-free
5.6. Other Cell Culture Media
6. Cell Culture Media Market, by Application
6.1. Introduction
6.2. Bioproduction
6.2.1. Monoclonal Antibody Production
6.2.2. Therapeutic Protein Production
6.2.3. Vaccine Production
6.2.4. Cell and Gene therapy
6.3. Diagnostics
6.4. Cancer Research
6.5. Drug Screening and Development
6.6. Stem Cell Research
7. Cell Culture Media Market, by End User
7.1. Introduction
7.2. Pharmaceutical & Biotechnology Companies
7.3. Academic & Research Institutes
7.4. Diagnostic Laboratories
8. Cell Culture Media Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Rest of Asia-Pacific
8.5. Latin America
8.6. Middle East & Africa
9. Competitive Landscape
9.1. Introduction
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
10. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
10.1. HiMedia Laboratories
10.2. Merck Group
10.3. Cytiva (Danaher Corporation)
10.4. Agilent Technologies, Inc.
10.5. Thermo Fisher Scientific Inc.
10.6. PromoCell GmbH
10.7. Lonza Group Ltd.
10.8. Corning Incorporated
10.9. Becton, Dickinson and Company
10.10. Sartorius AG
10.11. Miltenyi Biotec B.V. & Co. KG
10.12. BIOLOGOS
10.13. STEMCELL Technologies Inc.
10.14. FUJIFILM Holdings Corporation
10.15. Cell Applications, Inc.
11. Appendix
11.1. Questionnaire
11.2. Available Customization
List of Tables
Table 1 Global Cell Culture Media Market: Impact Analysis of Market Drivers (2022–2029)
Table 2 Global Cell Culture Media Market: Impact Analysis of Market Restraints (2022–2029)
Table 3 Global Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 4 Global Serum-free Media Market Size, by Country/Region, 2020–2029 (USD Million)
Table 5 Global Chemically Defined Media Market Size, by Country/Region, 2020–2029 (USD Million)
Table 6 Global Classical Media Market Size, by Country/Region, 2020–2029 (USD Million)
Table 7 Global Xeno-free/Animal Component Free Media, by Country/Region, 2020–2029 (USD Million)
Table 8 Global Other Cell Culture Media Market Size, by Country/Region, 2020–2029 (USD Million)
Table 9 Global Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 10 Global Cell Culture Media Market Size for Bioproduction, By Type, 2020–2029 (USD Million)
Table 11 Global Cell Culture Media Market Size for Bioproduction, By Country/Region, 2020–2029 (USD Million)
Table 12 Global Cell Culture Media Market Size for Diagnostics, By Country/Region, 2020–2029 (USD Million)
Table 13 Global Cell Culture Media Market Size for Cancer Research, by Country/Region, 2020–2029 (USD Million)
Table 14 Global Cell Culture Media Market Size for Drug Screening And Development, by Country/Region, 2020–2029 (USD Million)
Table 15 Global Cell Culture Media Market Size for Stem Cell Research, by Country/Region, 2020–2029 (USD Million)
Table 16 Global Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 17 Global Cell Culture Media Market Size for Pharmaceutical and Biotechnology Companies, by Country/Region, 2020–2029 (USD Million)
Table 18 Global Cell Culture Media Market Size for Academic and Research Institutes, by Country/Region, 2020–2029 (USD Million)
Table 19 Global Cell Culture Media Market Size for Diagnostic Laboratories, by Country/Region, 2020–2029 (USD Million)
Table 20 Global Cell Culture Media Market Size, by Country/Region, 2020–2029 (USD Million)
Table 21 North America: Cell Culture Media Market Size, by Country, 2020–2029 (USD Million)
Table 22 North America: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 23 North America: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 24 North America: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 25 North America: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 26 U.S.: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 27 U.S.: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 28 U.S.: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 29 U.S.: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 30 Canada: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 31 Canada: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 32 Canada: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 33 Canada: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 34 Europe: Cell Culture Media Market Size, by Country, 2020–2029 (USD Million)
Table 35 Europe: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 36 Europe: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 37 Europe: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 38 Europe: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 39 Germany: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 40 Germany: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 41 Germany: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 42 Germany: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 43 France: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 44 France: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 45 France: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 46 France: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 47 U.K.: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 48 U.K.: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 49 U.K.: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 50 U.K.: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 51 Italy: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 52 Italy: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 53 Italy: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 54 Italy: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 55 Spain: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 56 Spain: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 57 Spain: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 58 Spain: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 59 RoE: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 60 RoE: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 61 RoE: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 62 RoE: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 63 Asia-Pacific: Cell Culture Media Market Size, by Country, 2020–2029 (USD Million)
Table 64 Asia-Pacific: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 65 Asia-Pacific: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 66 Asia-Pacific: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 67 Asia-Pacific: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 68 China: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 69 China: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 70 China: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 71 China: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 72 Japan: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 73 Japan: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 74 Japan: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 75 Japan: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 76 India: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 77 India: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 78 India: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 79 India: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 80 RoAPAC: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 81 RoAPAC: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 82 RoAPAC: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 83 RoAPAC: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 84 Latin America: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 85 Latin America: Cell Culture Consumables Market Size, by Type, 2020–2029 (USD Million)
Table 86 Latin America: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 87 Latin America: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 88 Latin America: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 89 Middle East & Africa: Cell Culture Media Market Size, by Product, 2020–2029 (USD Million)
Table 90 Middle East & Africa: Cell Culture Media Market Size, by Application, 2020–2029 (USD Million)
Table 91 Middle East & Africa: Cell Culture Media Market Size for Bioproduction, by Type, 2020–2029 (USD Million)
Table 92 Middle East & Africa: Cell Culture Media Market Size, by End User, 2020–2029 (USD Million)
Table 93 Recent Developments, by Company, 2019—2022
List of Figures
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 6 Market Size Estimation
Figure 7 Global Cell Culture Media Market Size, by Product, 2022 VS. 2029 (USD Million)
Figure 8 Global Cell Culture Media Market Size, by Application, 2022 VS. 2029 (USD Million)
Figure 9 Global Cell Culture Media Market Size, by End User, 2022 VS. 2029 (USD Million)
Figure 10 Cell Culture Media Market, by Region
Figure 11 Market Dynamics
Figure 12 Global Cell Culture Media Market Size, by Product, 2022–2029 (USD Million)
Figure 13 Global Cell Culture Media Market Size, by Application, 2022–2029 (USD Million)
Figure 14 Global Cell Culture Media Market Size, by End User, 2022–2029 (USD Million)
Figure 15 Global Cell Culture Media Market Size, by Region, 2022–2029 (USD Million)
Figure 16 North America: Cell Culture Media Market Snapshot
Figure 17 Europe: Cell Culture Media Market Snapshot
Figure 18 Asia-Pacific: Cell Culture Media Market Snapshot
Figure 19 Key Growth Strategies Adopted by Leading Players, 2019—2022
Figure 20 Cell Culture Media Market: Competitive Benchmarking, by Product
Figure 21 Merck KGaA.: Financial Overview (2021)
Figure 22 Thermo Fisher Scientific Inc.: Financial Overview (2021)
Figure 23 Danaher Corporation: Financial Overview (2021)
Figure 24 Lonza Group Ltd: Financial Overview (2021)
Figure 25 Corning Incorporated: Financial Overview (2021)
Figure 26 Becton, Dickinson and Company: Financial Overview (2021)
Figure 27 Sartorius AG: Financial Overview (2021)
Figure 28 Agilent Technologies, Inc.: Financial Overview (2021)
Figure 29 FUJIFILM Holdings Corporation: Financial Overview (2021)
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: May-2023
Published Date: May-2023
Published Date: Dec-2022
Published Date: Jul-2022
