The global microbial fermentation technology market is anticipated to grow at a CAGR of 5.9% during the forecast period (2023-2030). The development of novel medicines based on smaller biologic drug molecules, rising demand for biologics, and improvements in microbial fermentation platforms and technologies have all contributed to the market expansion in recent years. Higher yields, rapid development, better scalability, less variance between batches, and cheaper production costs are all benefits of microbial fermentation technology. Food fermentation is a method of food processing that stabilizes and transforms food components by utilizing the development and metabolism of microorganisms.
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For instance, in March 2023, To form Food Fermentation Europe (FFE), Better Dairy, Formo, Imagindairy, Onego Bio, and Those Vegan Cowboys have joined together. The goal of this partnership is to create a supportive, progressive policy environment that will facilitate the introduction of innovative fermentation technology and products in Europe. Many different kinds of products produced by fermentation includes bread, cheese, wine, beer, coffee, industrial enzymes, amino acids, and antibiotics. For instance, in March 2023, Daiya has made significant investments in fermentation technology as it gets ready to introduce the next generation of plant-based cheese. Daiya creates a plant-based cheese with properties resembling those of dairy-based goods by fusing conventional techniques with contemporary technologies. Utilizing tried-and-true precision fermentation methods, much as the number of common food ingredients are produced, such as vitamins, probiotics, enzymes, and natural flavors. Foods made using milk protein have the same texture, flavor, and appearance as traditional dairy products. For instance, in June 2022, Precision fermentation company Perfect Day, Inc., and Strive Nutrition Corp. established a collaboration. With Perfect Day’s animal-free whey protein added, Strive will introduce a new line of milk substitutes that promise to have the genuine flavor and nutritional value of cow’s milk without any of the harmful side effects on one’s health or the environment that come with traditional dairy.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Technology Type
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- includes Danone S.A., F. Hoffmann-La Roche AG., Koninklijke DSM N.V.and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Microbial Fermentation Technology Market Report Segment
By Technology Type
- Fed-Batch Fermentation
- Solid-State Fermentation
- Continuous Stirred-Tank Reactor
By Application
- Antibiotics
- Vaccines
- Solvents
- Intermediary compounds
By End-User
- Bio-Pharmaceutical Industries
- Food and Feed Industries
- CROs and CMOs
- Academic Research Institutes
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Global Microbial Fermentation Technology Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Abolis Biotechnologies
- Biocon Ltd.
- BioVectra Inc.
- BIOZEEN
- CHAIN Biotechnology Ltd.
- Corbion N.V.
- EKF Diagnostics
- EV Biotech B.V.
- Lonza Group AG
- Microbial Discovery Group
- Novozymes A/S.
- PILI
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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