diff --git a/core/spring-cloud-stream-test-binder/src/main/java/org/springframework/cloud/stream/binder/test/TestChannelBinderConfiguration.java b/core/spring-cloud-stream-test-binder/src/main/java/org/springframework/cloud/stream/binder/test/TestChannelBinderConfiguration.java
index d62809ee0..74c28faf3 100644
--- a/core/spring-cloud-stream-test-binder/src/main/java/org/springframework/cloud/stream/binder/test/TestChannelBinderConfiguration.java
+++ b/core/spring-cloud-stream-test-binder/src/main/java/org/springframework/cloud/stream/binder/test/TestChannelBinderConfiguration.java
@@ -110,6 +110,7 @@ public class TestChannelBinderConfiguration<T> {
 	}
 
 	@Bean
+	@ConditionalOnMissingBean
 	public ObservationRegistry observationRegistry() {
 		return ObservationRegistry.create();
 	}