The global microbial fermentation technology market is expected to grow a the CAGR of 5%-7% by 2025


   January 13, 2021
According to a new market report published by Lucintel, the future of the microbial fermentation technology market looks promising with opportunities in applications, such as food and beverages, industrial applications, plastics and fibers, and nutritional & pharmaceutical. The global microbial fermentation technology market is expected to grow with a CAGR of 5%-7% from 2020 to 2025. The major drivers for this market are growing application, rise in research and developmental, technological advancement, and increase in awareness of the benefits of microbial fermentation technologies.

Fermentation technology is the use of microorganisms and enzymes for the production of compounds which are used in the energy, material, pharmaceutical, chemical and the food industries. In this market, medical (antibiotics, probiotics, monoclonal antibodies, recombinant proteins, and biosimilars), industrial (acetone, ethanol and butanol, enzymes, and amino acids), alcohol beverages (beer, spirits, and wine) and food and feed products are the major product types. Lucintel forecasts that alcohol beverages will remain the largest product segment over the forecast period due to rising popularity of alcoholic beverages among teenagers, rising population in urban regions, and development in the microbial fermentation technology.

Within this market, food and beverages will remain the largest application segment over the forecast period due to increasing utilization of the microbial fermentation technology in the food and beverage industry.

Asia Pacific will remain the largest region over the forecast period due to a vast increase in geriatric population; highly developed chemical industry in China; cutting-edge research in biotechnology and healthcare; rise in disposable income and changing lifestyles; improved spending capacity; the high prevalence of chronic ailments, such as cancer and diabetes; and the consequent rise in demand for new drug candidates.

Biocon, Danone, Lonza, United Breweries, Amyris, Novozymes, TerraVia Holdings, BioVectra, DSM, and F. Hoffmann La-Roche are among the major suppliers in the global microbial fermentation technology market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global microbial fermentation technology market by product, end user, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Microbial Fermentation Technology Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global microbial fermentation technology market by product, end user, application, and region as follows:

By Product [Value ($ Million) shipment analysis for 2014 – 2025]:



  • Medical


    • Antibiotics


    • Probiotics


    • Monoclonal Antibodies


    • Recombinant Proteins


    • Biosimilars




  • Industrial


    • Acetone


    • Ethanol and Butanol


    • Enzymes


    • Amino Acids




  • Alcohol Beverages


    • Beer


    • Spirits


    • Wine




  • Food and Feed Products


 

By End User [Value ($ Million) shipment analysis for 2014 – 2025]:



  • Bio-Pharmaceutical Industries


  • Food and Feed Industry


  • Contract Research Organizations (CROs) and Contract Manufacturing Organizations (CMOs)


  • Academic Research Institutes


  • Others


    • Chemical Industries


    • Alcohol Breweries


    • Wineries




By Application [Value ($ Million) shipment analysis for 2014 – 2025]:



  • Food and Beverages


  • Industrial Applications


  • Plastics and Fibers


  • Nutritional and Pharmaceutical


  • Other


By Region [Value ($ Million) shipment analysis for 2014 – 2025]:



  • North America




  • United States


  • Canada


  • Mexico




  • Europe




  • United Kingdom


  • Spain


  • Germany


  • France




  • Asia Pacific




  • China


  • India


  • Japan




  • The Rest of the World




  • Brazil


 

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.

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