The Global Escherichia Coli Strain Market Growth Accelerated By Wide Scale Adoption In Biotechnology Industry
Escherichia Coli Strain Market The Escherichia coli (E. coli) is a versatile bacteria commonly used in biotechnology applications for commercial production of hormones, antibiotics, and other therapeutic agents. E. coli finds applications as a workhorse for research, diagnostics, and production of recombinant therapeutics. The global Escherichia Coli Strain Market is estimated to be valued at US$ 1.97 Bn in 2023 and is expected to exhibit a CAGR of 24.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the E. coli strain market is primarily driven by the increasing adoption of E. coli strains in the biotechnology industry. E. coli is one of the most widely used organisms for industrial-scale fermentation processes owing to its rapid growth, high densities, and the extensive knowledge of its genetics. Various strains of E. coli are extensively utilized as platform organisms for the production