Press release
Microbial Fermentation Technology Market - drivers and restraints, 2017-2025
Microbial Fermentation Technology Market
Microbial Fermentation Technology Market was valued at $156,329.72 million in 2017 and is expected to reach $224,960.84 million by 2025, registering a CAGR of 4.9% from 2017 to 2025.
The fermentation technology involves a process where microorganisms and enzymes are used to produce compounds or enzymes that find application in various sectors such as energy, pharmaceutical, chemical, and food. The fermentation can be either aerobic fermentation or anaerobic fermentation. Aerobic fermentation is carried out in the presence of oxygen while anaerobic fermentation is carried out in the absence of oxygen. Most of the industrial processes are carried out under aerobic fermentation and only a few processes are carried out under anaerobic fermentation. Currently, efforts are being put towards the advancement of cell factories and enzymes as well as for the design of new processes, concepts, and technologies for the fermentation process.
MARKET DRIVERS AND RESTRAINTS
The report presents a detailed analysis of the drivers and restraints affecting the growth of the for microbial fermentation technology market. The industry is growing at a fast rate in the recent years. The growth is supported by the growing application of fermentation technology derived chemicals in various industries across the world owing to their natural structure, low cost, and better output. Furthermore, the growth of the industry is fueled by the rise in research and developmental activities in various fields of fermentation technology, technological advancement, increase in awareness of new products, and launch of new products.
KEY MARKET SEGMENTATION
Microbial fermentation technology market segmentation:
Product
Industrial
Acetone, ethanol & butanol
Enzymes & amino acids
Medical
Probiotics
Monoclonal antibodies
Antibiotics
Recombinant proteins
Other Biosimilars
Food Product
Alcoholic Beverages
Wine
Spirits
Beer
Others
End User
Food and Feed Industry
Bio-pharmaceutical Industries
Academic Research Institutes
Contract Research Organization
Others
Geography
North America
Europe
Asia-Pacific
LAMEA
KEY MARKET PLAYERS
The report profiles the major players operating in the microbial fermentation technology market. They include Biocon, Danone Ltd, Lonza, United Breweries Ltd., Amyris, Novozymes, TerraVia Holdings, Inc., BioVectra, DSM, F. Hoffmann La-Roche Ltd. and others. They are often engaged in activities such as mergers and acquisitions and product launches to diversify their product portfolio and further grow their market share.
KEY TAKEAWAYS FROM THE REPORT
The report provides a thorough analysis of the microbial fermentation technology market. It encompasses the market size, market share analysis, development environmental analysis, market classification, market comparison analysis, market status and forecast analysis, the upcoming trends, and details about the market players.
The report includes the current market trends and estimations for the period of 2016-2025 to identify the prevailing market opportunities across geographies.
The study includes the top investment zones to assist stakeholders in identifying the cash cows of the industry.
A detailed study of the factors that drive and restrain the growth of the microbial fermentation technology market is provided in the report.
Key players of microbial fermentation technology are included in the research along with the recent developments to understand the competitive landscape of the industry.
Comprehensive analysis of the market helps in gauging the growth strategies adopted by the leading players over the past few years.
The company makes use of primary corporate research and secondary inputs from trusted sources to build its own reference base. It maintains consistency in quality as it keeps itself updated with changes in market dynamics and gauging its net effect on global business trends.
Reach Us
Mr. Shriram Dighe
4th Floor, Unit 12, Marisoft III,
West Wing, Marigold IT Park,
Kalyani Nagar, Pune, Maharashtra 411014,
India: +91 20 66346040
Toll Free: + 1-888-906-9222
help@progressivemarkets.com
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Market Definition:
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