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FETAL BOVINE SERUM MARKET Size and trends

Fetal Bovine Serum Market, By Application (Drug Discovery, In-vitro Fertilization, Vaccine Production, Cell-based Research, Diagnosis, and Others), By End User (Pharmaceutical & Biotechnology Companies, Contract Research Organizations (CRO), Academic And Research Institutes, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Feb 2025
  • Code : CMI7483
  • Pages :162
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Fetal Bovine Serum Market Size and Trends

The fetal bovine serum market is estimated to be valued at USD 2.12 Bn in 2025 and is expected to reach USD 5.24 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 13.8% from 2025 to 2032.

Fetal Bovine Serum Market Key Factors

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Fetal bovine serum is extensively utilized in biomedical research, cell culture, biotechnology, and pharmaceuticals as a growth supplement to support cell proliferation until confluence. Key drivers for its use include its rich nutrient profile, which provides essential growth factors, hormones, and proteins necessary for optimal cell growth. However, challenges such as ethical concerns regarding animal welfare and the rising costs of fetal bovine serum (FBS) due to limited supply can restrain its availability.

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