At a CAGR of 5.7% Fermenters Market Reach $1.78 Billion by 2025 | Size, Share, Trends & Growth Opportunities

Allied Market Research recently published a report, titled, Fermenters Market by Process (Batch Fermentation, Continuous Fermentation, and Others), Application (Food, Beverage, Healthcare & Personal Care, and Others), and Mode of Operation (Semi-automatic and Automatic): Global Opportunity Analysis and Industry Forecast, 2018 - 2025. The research offers a detailed analysis on changing market dynamics, key investment pockets, major segments, and market competition.

According to the report, the global fermenters market generated $1.13 billion in 2017 and is projected to reach $1.78 billion by 2025, registering a CAGR of 5.7% from 2018 to 2025.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/5213

Fermentation is a metabolic process in which microorganisms convert carbohydrates such as starch and sugar to organic acids, alcohols, and other useful byproducts. This process takes place in specially designed vessel called fermenter, also known as bioreactors. Fermenters are cylindrical shaped containers in which biological processes are carried out under controlled environment.

Growing demand for active pharmaceutical ingredient, bio-fuels, and alcohol such as wine and beer in developing economies drive the growth of the global fermenters market. However, high cost of fermenters and commercial viability of very large-scale fermenters restrain the growth of the market. Conversely, inclusion of technically advanced fermenters such as miniaturized fermenters, fermenters with smart technology, and rise in the demand for beer and wines create new opportunities for the market growth.

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Automatic segment to be lucrative through 2025

Among mode of operations, the automatic segment was the largest in 2017, capturing 63% of the market share. The same would grow at the fastest CAGR of 6.3% during the study period. Automatic fermenters allow cost efficacy of batch processing and the commercial scalability along with in situ sterilizable capabilities, resulting in increased adoption from different end use industries.

North America to be dominant, Asia-Pacific to exhibit the fastest growth through 2025

North America captured nearly half of the market share in 2017 and is likely to dominate the market through 2025. This is due to the presence of pharmaceutical, food processing, and bio fuel industries in the region. However, Asia-Pacific is expected to register the fastest CAGR of 7.6% from 2018 to 2025.

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Key Findings of The Fermenters Market:

🔶The continuous fermentation segment was the highest contributor to the fermenters market in 2017 and is projected to grow at a CAGR of 6.1%.

🔶There is a continuous increase in the demand for fermenters in the healthcare & personal care segment. The demand is projected to grow at a highest CAGR of 6.6% during the fermenters market forecast period.

🔶Automatic segment accounted for the highest share with 63% of fermenters market share in the global fermenters market, in 2017.

🔶Asia-Pacific is projected to exhibit rapid growth in the fermenters, owing to easing regulations, high foreign direct investment, and establishment of R&D centers in the region. Asia-Pacific is projected to grow at the CAGR of 7.6% from 2018 to 2025.

🔶At CAGR of 8.7% during the forecast period. Among countries, India is projected to grow with highest

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Key players of the industry

Leading market players analyzed in the research include Eppendorf AG, Sartorius AG, Thermo Fisher Scientific Inc., GEA Group Aktiengesellschaft, General Electric Company, PIERRE GUERIN SAS, CerCell ApS, Electrolab Biotech Ltd., Applikon Biotechnology BV, Bioengineering AG, ZETA Holding GmbH, and BBI-Biotech GmbH. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.

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