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Bacteriophage Market To Witness Heightened Growth During Period 2022 – 2031 : Fact.MR

The study on the Global Bacteriophage Market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Bacteriophage Market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence t. ....

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Bacteriophage Market Analysis: To Reach Around US$ 567.9 Mn In 2027


Bacteriophage Market Analysis: To Reach Around US$ 567.9 Mn In 2027
January 26, 2021
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The global bacteriophage market was valued at US$ 567.9 Mn in 2017 expanding at a CAGR of 3.9% from 2018 to 2026.
Market Insights
Recently, bacteriophages or phages have been recognized as an efficient tool in modern biotechnology through a multitude of researches promoting the potential use of bacteriophages across a number of applications. Researchers have also proposed bacteriophages as a viable alternative to antibiotics for a number of antibiotic-resistant bacterial strains. They can also be used as biocontrol agents in the oil and agriculture industries.
Bacteriophages have a unique application in the petroleum industry, as bacterial fouling often leads to serious damage to gas pipelines, devaluing products and therefore increasing capital costs. In addition, bacteriophages may also be used as vaccine vehicles, for the detecti ....

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