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Follow on Google News | Escherichia Coli Strain Market Size, Share, Analysis, Growth & Forecast 2030 | Credence ResearchThe global demand for the Escherichia coli strain market was valued at USD 2151.2 million in 2022 and is expected to reach USD 3751.79 million in 2030, growing at a CAGR of 7.20% between 2023 and 2030.
The Escherichia coli (E. coli) strain market has been steadily growing, driven by a wide range of applications in fields such as biotechnology, pharmaceuticals, and agriculture. This versatile bacterium, known for its adaptability and ease of manipulation, has become a crucial player in various industries, propelling the market to new heights. Diverse Applications Escherichia coli strains have found applications in numerous sectors. In the biotechnology industry, they are used for protein production, recombinant DNA technology, and the development of genetically modified organisms (GMOs). Researchers and scientists have harnessed E. coli's ability to synthesize proteins efficiently, making it a cornerstone in the production of therapeutic proteins, industrial enzymes, and biofuels. In the pharmaceutical industry, E. coli strains have enabled the production of insulin, growth hormones, and vaccines. Their genetic manipulation capabilities have allowed the development of novel drug candidates and the optimization of fermentation processes, reducing production costs and improving product yields. Agriculture has also benefited from E. coli strains through the production of genetically modified crops with enhanced resistance to pests and diseases. Additionally, these strains have been employed in the production of biofertilizers, promoting sustainable agricultural practices. List of Companies Covered:
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