Persistence Market Research Pvt. Ltd.: Cell Culture Media Market worth $12.9 billion by 2033: Biologics Manufacturing and Cell Therapy Expansion Accelerate Growth for Avantor, Thermo Fisher Scientific, and Lonza Group AG
AI Briefing
- • The global cell culture media market is projected to reach $12.9 billion by 2033, growing at a CAGR of 7.3%.
- • Biologics manufacturing and cell therapy expansion drive growth in the market, with key players including Avantor, Thermo Fisher Scientific, and Lonza Group AG.
- • The market is expected to be influenced by increasing demand for biopharmaceuticals and cell-based therapies worldwide.
Context
Persistence Market Research has released an update on the cell culture media market. The market is expected to be worth $12.9 billion by 2033. Biologics manufacturing and cell therapy expansion are driving growth.
The growth of the cell culture media market matters to companies such as Avantor, Thermo Fisher Scientific, and Lonza Group AG. These companies are likely to be impacted by the expansion of biologics manufacturing and cell therapy.
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