North America was the leading revenue contributor to the global market in 2020 due to increase in healthcare investments by manufacturers and increase in R&D spending for various biotechnology research purposes.

The global Fetal Bovine Serum market reached a value of US$ 801.05 million in 2021. Looking ahead, the market is expected to reach $ 1,390.13 million by 2027, growing at a CAGR of 5.8% between 2022 and 2027.