DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Microbial Technology Product Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report to their offering.
The global microbial technology product market is expected to grow with the CAGR of 6.0% for the period 2016-2022. The total revenue size of the global microbial technology product market was $950.0 million in the year 2015. The global microbial technology product market is segmented on the basis by the product, by the application, and by the end-users.
The global microbial technology product market has been driven by the factors such as increasing demand of the bio fuel in the market, the increasing demand of the organic product market, ability to cure the infectious diseases, and continuous technological advancement in the market. Microbial technology has been used in the procurement of anticancer cytotoxic, anti-infectious diseases and treatment of hormonal disorder. Increasing awareness of people toward health in the developing countries is also driving the growth of the microbial technological product in the market.
However, there are several other factors which are hindering the growth of the global microbial technology product market such as infectious diseases caused by the microbes, high cost of technology, increasing awareness towards environment etc. In spite of these obstacles global market is expected to grow with increasing CAGR over the forecasted period.
- Algae Bioscience Corp.
- Amgen Inc.
- Biohydrogen Ltd
- Certis Usa Llc
- Durect Corp.
- Novo Nordisk A/S
- Novozymes A/S
- Environmental Biochemicals Inc.
- Lesaffre Et Compagnie
- Metabolic Explorer S.A.
- Specialty Enzymes And Biochemicals Co.
- Valent Bioscience Corportion
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Global Microbial Product Technology Marketby Region (Revenue Analysis) 2014-2022 ($ Million)
7. Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/r9k8fk/global_microbial