Global Serum Market Trends and Growth Opportunity, By Type (Bovine Serum, FBS, Other), Inactivation Technique (Heat Inactivated, Non-Heat Inactivated), Application (Biological Products, Research, Cell Culture, Biopharmaceutical Drugs, Vaccine Products, Diagnostic Products, Others), End User (Biopharmaceutical and Biotechnology Industry, Diagnostics Laboratories, Research Laboratories, Academic Research), Sales Channel (Direct Channel, Distribution Channel) By Region and forecast till 2027.
Global Serum Market 
Global Serum Market was valued at USD 1.4 billion in 2021 and is slated to reach at USD 2.39 billion by 2027 at a CAGR of 9.8 % from 2022-2027.
The fluid and saline serum is a part of blood that does not aid in clotting. Blood plasma devoid of clotting factors or blood devoid of all cells and clotting agents are two definitions that apply. Any non-blood-clotting proteins, electrolytes, antibodies, antigens, hormones, and any foreign compounds are all found in serum (for instance, drugs or microorganisms). Serum is devoid of platelets, clotting components, red blood cells, white blood cells (leukocytes), or erythrocytes.
Market Drivers
Throughout the forecast period, consumer awareness of age-related skin issues such fine lines, wrinkles, and skin dullness as well as a greater readiness to spend money on products that help them advertise their youthful skin are anticipated to propel the anti-aging category. Middle-aged consumers are buying anti-aging serums out of a desire to seem younger. Serums are incredibly concentrated liquids that are thin and watery. Because they let the product to penetrate well beneath the skin's surface, serums are perfect for tackling specific skincare issues including acne, ageing, and dullness. The oil serum is the simplest to manufacture of all the facial serums. It is often composed of premium, swiftly absorbing carrier oils, also referred to as "dry" oils. High-end oils in the serum provide moisturising and barrier-repairing capabilities as well as polyphenols, essential fatty acids, and other substances that can be metabolised by the skin. Gel serums tighten the skin, giving users the impression that certain parts of their skin are momentarily raised or tightened. Oil serum is therefore superior to other skincare serums.
Market Restraints
The presence of alternative culture media, together with scientific and ethical concerns, are anticipated to restrain the expansion of the serum market throughout the projected decade.
Impact of COVID-19
Due to decreasing sales of personal care goods and customers' greater options for health, hygiene, and protection products, the COVID-19 pandemic had a number of detrimental repercussions on the serum industry. Also, because of the complete lockdown, beauty clinics are closed, which lowers demand for facial serum. In addition, sales in the cosmetics sector are anticipated to decline in 2020. In China, the beauty sector's sales decreased by 80% in 2020 compared to 2019. Women avoided putting makeup every day as a result of the lockdown, which somewhat decreased sales of facial serum. In addition, the epidemic drastically interrupted the supply chain. Due to the closure of supermarkets and hypermarkets during the epidemic, face serum supply and demand were disrupted.
Recent Developments
The Estée Lauder Companies (ELC) announced a collaboration with the food delivery service Uber Eats in 2021 to deliver customers' preferred cosmetics the same day they place an order.
Artistry Signature Select Customized Serum, a line of customised skincare products, was introduced by Amway India in 2022. This product is sold through online stores and Amway direct merchants. Amway India also introduced online training programmes for sellers and retailers.
Market Segmentation
Global Serum Market is segmented into By Type, Inactivation Technique, Application, End User, Sales Channel. By Type such as Bovine Serum, FBS, Other. By Inactivation Technique such as Heat Inactivated, Non-Heat Inactivated. By Application such as Biological Products, Research, Cell Culture, Biopharmaceutical Drugs, Vaccine Products, Diagnostic Products, Others. By End User such as Biopharmaceutical and Biotechnology Industry, Diagnostics Laboratories, Research Laboratories, Academic Research. By Sales Channel such as Direct Channel, Distribution Channel.
Regional Analysis
Global Cyber Insurance Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to the growing number of biological product research projects taking place in the region, North America dominates the serum industry. Due to the increasing number of technical advancements occurring in the region, Asia-Pacific is anticipated to experience the greatest growth rate during the forecast period of 2023 to 2027.
Key Players
This report includes a list of numerous Key Players, Thermo Fisher Scientific Inc (U.S.), Merck KGaA (Germany), Takara Bio Inc. (Japan), PAN-Biotech (Germany), Sartorius AG (Germany), Corning Incorporated (U.S.), Bovogen Biologicals Pty Ltd. (Australia), Moregate Biotech (Australia), BIOWEST SAS (France), Caisson Labs Inc. (U.S.).
Market Taxonomy  
By Type
• Bovine Serum
• FBS
• Other
By Inactivation Technique
• Heat Inactivated
• Non-Heat Inactivated
By Application
• Biological Products
• Research
• Cell Culture
• Biopharmaceutical Drugs
• Vaccine Products
• Diagnostic Products
• Others
By End User
• Biopharmaceutical and Biotechnology Industry
• Diagnostics Laboratories
• Research Laboratories
• Academic Research
By Sales Channel
• Direct Channel
• Distribution Channel

Global Serum Market
1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Serum Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Serum Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Serum Market Share Analysis, By Type
5.3 Global Serum Market Size and Forecast, By Type
5.3.1 Bovine Serum
5.3.2 FBS
5.3.3 Other
6 Global Serum Market, By Inactivation Technique
6.1 Y-o-Y Growth Comparison, By Inactivation Technique
6.2 Global Serum Market Share Analysis, By Inactivation Technique
6.3 Global Serum Market Share Analysis, By Inactivation Technique
6.3.1 Heat Inactivated
6.3.2 Non-Heat Inactivated
7 Global Serum Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Serum Market Share Analysis, By Application
7.3 Global Serum Market Share Analysis, By Application
7.3.1 Biological Products
7.3.2 Research
7.3.3 Cell Culture
7.3.4 Biopharmaceutical Drugs
7.3.5 Vaccine Products
7.3.6 Diagnostic Products
7.3.7 Others
8 Global Serum Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Serum Market Share Analysis, By End User
8.3 Global Serum Market Share Analysis, By End User
8.3.1 Biopharmaceutical and Biotechnology Industry
8.3.2 Diagnostics Laboratories
8.3.3 Research Laboratories
8.3.4 Academic Research
9 Global Serum Market, By Sales Channel
9.1 Y-o-Y Growth Comparison, By Sales Channel
9.2 Global Serum Market Share Analysis, By Sales Channel
9.3 Global Serum Market Share Analysis, By Sales Channel
9.3.1 Direct Channel
9.3.2 Distribution Channel
10 Global Serum Market, By Region
10.1 Global Serum Market Share Analysis, By Region
10.2 Global Serum Market Share Analysis, By Region
11 North America Serum Market and Forecast (2022-2027)
11.1 Introduction
11.2 North America Serum Market Share Analysis, By Type
11.3 North America Serum Market Size and Forecast, By Inactivation Technique
11.4 North America Serum Market, By Application
11.5 North America Serum Market Size and Forecast, By End User
11.6 North America Serum Market Share Analysis, By Sales Channel
11.7 North America Serum Market Size and Forecast, By Country
11.7.1 U.S
11.7.2 Canada
11.7.3 Mexico
12 Europe Serum Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Europe Serum Market Share Analysis, By Type
12.3 Europe Serum Market Size and Forecast, By Inactivation Technique
12.4 Europe Serum Market, By Application
12.5 Europe Serum Market Size and Forecast, By End User
12.6 Europe Serum Market Share Analysis, By Sales Channel
10.7 Europe Serum Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Serum Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Asia-Pacific Serum Market Size and Forecast, By Type
13.3 Asia-Pacific Serum Market Size and Forecast, By Inactivation Technique
13.4 Asia-Pacific Serum Market, By Application
13.5 Asia-Pacific Serum Market Size and Forecast, By End User
13.6 Asia-Pacific Serum Market Share Analysis, By Sales Channel
11.7 Asia-Pacific Serum Market Size and Forecast, By Country
11.7.1 China 
11.7.2 Japan
11.7.3 India
11.5.4. Rest of Asia Pacific
14 Latin America Serum Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Latin America Serum Market Size and Forecast, By Type
14.3 Latin America Serum Market Size and Forecast, By Inactivation Technique
14.4 Latin America Serum Market, By Application
14.5 Latin America Serum Market Size and Forecast, By End User
14.6 Latin America Collection Kit Market Share Analysis, By Sales Channel
14.7 Latin America Serum Market Size and Forecast, By Country
14.7.1 Brazil
14.7.2 Rest of Latin America
15 Middle East Serum Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Middle East Serum Market Share Analysis, By Type
15.3 Middle East Serum Market Size and Forecast, By Inactivation Technique
15.4 Middle East Serum Market, By Application
15.5 Middle East Serum Market Size and Forecast, By End User
15.6 Middle East Serum Market Share Analysis, By Sales Channel
15.7 Middle East Serum Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.2. Egypt
15.7.4. Kuwait
15.7.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1.Thermo Fisher Scientific Inc (U.S.)
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. Merck KGaA (Germany)
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. Takara Bio Inc. (Japan)
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4. PAN-Biotech (Germany)
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5. Sartorius AG (Germany)
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6. Corning Incorporated (U.S.)
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7. Bovogen Biologicals Pty Ltd. (Australia)
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8. Moregate Biotech (Australia)
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9. BIOWEST SAS (France)
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10. Caisson Labs Inc. (U.S.)
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies