NEWBORN CALF SERUM MARKET ANALYSIS

Market Challenges And Opportunities

Global Newborn Calf Serum Market - Impact of the Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic is expected to drive the growth of the global newborn calf serum market, owing to an increase in research and development activities related to vaccine production. For instance, in 2020, Bharat Biotech, a biotechnology company, had conducted research for the production of COVID-19 vaccine, in which newborn calf serum was used as one of the key ingredient for growing the vero cells lines. These cell lines were used in the manufacturing process of vaccines. Cell culture is done for testing the capacity, nature, etc. of vaccine agents.

Global Newborn Calf Serum Market – Restraints

Animal ethical committees are putting restrictions to the use of newborn calf serum for the production of vaccines, which may have a negative impact on the global newborn calf serum market. People for the Ethical Treatment of Animals (PETA) India in 2021 requested drug controller to replace newborn calf serum with animal-free media for the production of vaccines. According to the Prevention of Cruelty to Animals Rules, 2001, the slaughter of animals under the age of 3 months and pregnant animals is prohibited. Newborn calf serum is developed from newborn calf less than 20 days; therefore, PETA India urged to stop the use of newborn calf serum. The implementation of animal ethical committee rules and laws globally may bring down the newborn calf serum market growth, globally. Newborn calf serum has less growth factors than fetal bovine serum. This may reduce the interest of users to use newborn calf serum for cell culture, which also may have a bad impact on the global newborn calf serum market.

Pharmaceutical companies have started investing in the production of newborn calf serum. This is expected to propel the growth of the global newborn calf serum market over the forecast period.

Market players are investing in manufacturing unit to increase their manufacturing capacity, this is expected to drive the growth of global newborn calf serum market. For instance, in January 2018, Indian Immunologicals Limited, an animal and human vaccine manufacturer started its new manufacturing plant with wholly owned its subsidiary Pristine Biologicals (NZ) Ltd. in New Zealand with the investment of US$1 million. Among all the product, newborn calf serum is one of the key product manufactured by this new manufacturing plant. Indian Immunological Limited as invested in this because it want a control over the key ingredient used for the manufacturing of vaccines.

Key players are involved in expanding their services for cell therapy, which is expected to drive the growth of the global newborn calf serum market over the forecast period.

Newborn calf serum is a key ingredient in cell culture. Market players are investing in large scale in cell culture research. Companies are expanding their services toward cell therapy, therefore, these factors are expected to increase the use of newborn calf serum in future which will boost the growth of global newborn calf serum market. For instance, in June 2022, NorthX Biologics, a biologics company with the help of Alder Therapeutics, a pharmaceutical company expanded its services for cell therapy and established Good Manufacturing Practice (GMP)-manufacturing labs at Matfors facility and Karolinska University Hospital campus in Stockholm. NorthX is doing this expansion due to increasing needs of patients and growing cell therapies market.