Global market for microbes and microbial products to grow to $259 billion by 2016

The total global market for microbes and microbial products was worth more than $144 billion in 2010. The 2011 market is projected to exceed $156 billion, and, by 2016, $259 billion, reflecting a 10.7% projected compound annual growth rate (CAGR) between 2011 and 2016.

Learn about the microbial technologies and applications that have the greatest commercial potential in the 2010 to 2016 time frame, identify market drivers, evaluate obstacles to their successful commercialization, and project future sales of each application...

Use this report to:

• Understand the broad range of commercial applications of microbes and microbial products in agricultural, healthcare, manufacturing, energy, and environmental applications
• Develop business strategies to negotiate the market drivers and obstacles to successful commercialization of microbial products in each sector
• Identify microbial technologies and applications that have the greatest commercial potential in the 2010-2016 time frame
• Evaluate regulations in the U.S. and other countries regarding the use of microbes and microbial products to produce drugs, vaccines, diagnostic products, foods and food additives.

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SUMMARY FIGURE
TRENDS IN GLOBAL MARKET FOR MICROBES AND MICROBIAL PRODUCTS, 2010-2016
($ MILLIONS)

Source: BCC Research