Fetal Bovine Serum Market is expected to register a CAGR ~ 8% during the forecast period of 2022–2030. Fetal bovine serum is a key feedstock in pharmaceutical, diagnostics, biotechnology, diagnostic, and veterinary industries.

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.