Adult Bovine Serum is derived from clotted blood from adult cattle. It finds wide application in cell culture media used for growing and maintaining mammalian cells. It provides necessary growth factors, proteins, and other components to support cell growth. The global Adult Bovine Serum Market is estimated to be valued at US$ 145.13 billion in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growth of the adult bovine serum market is expected to be driven by the robust demand from the biopharmaceutical industry. Bovine serum acts as a supplement for cell culture media that helps in growing and maintaining mammalian cells. It provides necessary growth factors, proteins, and other components essential for cell growth. Thus, the increasing focus on development of novel biopharmaceuticals such as vaccines and monoclonal antibodies has resulted in increased demand for bovine serum from biopharmaceutical companies. This is expected to contribute significantly to the market growth over the forecast period.
Segment Analysis
The Global Adult Bovine Serum Market Demand is segmented into cellular & gene therapy, drug discovery and research, biopharmaceuticals, and others. The cellular & gene therapy segment dominates the market as adult bovine serum is widely used for culturing different human cells for use in cell therapy and gene therapy applications. It provides growth factors that support cell growth making it ideal for cultivating human cells.
Key Takeaways
The global Adult Bovine Serum market is expected to witness high growth over the forecast period between 2024 to 2031.
North America currently dominates the market due to presence of major pharmaceutical companies and rapid adoption of innovative treatments. The Asia Pacific region is expected to grow at the fastest pace due to increasing healthcare expenditure, rising medical tourism, and growing biopharmaceutical industry in countries like China and India.
Key players operating in the Adult Bovine Serum market are Flex, TE Connectivity, Sanmina, Jabil, Celestica, and Plexus, among others. Flex is a diversified manufacturer engaged in designing, building, and delivering next generation technologies. TE Connectivity is a global technology leader in connectivity and sensors. Sanmina focuses on providing integrated manufacturing solutions. Jabil is engaged in providing comprehensive electronics design, production and product management services. Celestica is a leader in delivering innovative technology solutions. Plexus provides integrated product development and manufacturing solutions.
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Albumins represent a group of acidic proteins, whose basic function is to regulate the colloidal osmotic pressure in the blood.
Plasma is the majorly used by-product that includes immunoglobulin, fibrinogen, thrombin, and serum albumin.
Bovine serum albumin is isolated from cows and is often used as a standard in protein calibration, as blocking agent primarily in ELISA (Enzyme-linked Immunosorbent Assay) and western blot, and to solubilize lipids.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=24452Animal whole blood contains the plasma and cellular fraction that can be used commercially for several applications such as in the food industry and cell culture media.
It is used as a nutrient in microbial or cell culture and as signal amplifier in biochemical assays.
Generally, bovine serum albumin precipitates at high concentration of neutral salts (ammonium sulfate), but readily coagulates by heat too.
or higher and does not revert back to its monomeric form even after cooling.Request TOC of Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=T_id=24452 The global bovine serum albumin market holds immense potential and is anticipated to grow rapidly.
The Global Bovine Serum Albumin Market research report offers accurate insights for the growth prospects of the Bovine Serum Albumin market in the forecast years 2020-2027.
The report is an all-inclusive study of the Bovine Serum Albumin market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.
The global public health emergency has disrupted the lives of everyone across the globe.
It has also had a substantial impact on the Bovine Serum Albumin industry as global supply chains have been disrupted, and the financial scenario is tight.
The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2827Scope of the Market Report:The report offers a holistic overview of the Bovine Serum Albumin industry that offers all the essential information.
Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies.
