Press release
Precision Fermentation Market to Reach USD 25.54 Bn by 2029, emerging at a CAGR of 42.7 percent and forecast 2023-2029
Precision Fermentation Market
The recently released Precision Fermentation Market Report highlights the robust expansion of the precision fermentation industry. The report delves into the applications, trends, opportunities, challenges, and competitive landscape within this burgeoning market.
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Precision Fermentation Market Research Methodology:
The report is a result of meticulous research, combining primary and secondary data to validate market factors. With a bottom-up approach, the report employs multiple data triangulation methodologies to estimate market size and forecasts. It factors in inflation, economic shifts, regulatory changes, and other variables in market forecasting. The report provides insights into market dynamics, trends, and segmentation based on precise utilization rates and average sale prices.
What are Precision Fermentation Market Dynamics:
Advances in genetic engineering techniques have opened up new possibilities in precision fermentation. For example, companies like Perfect Day and Clara Foods are using precision fermentation to produce animal-free dairy products. The precision fermentation market is fueled by technological advancements, such as CRISPR-Cas9, which enable precise modifications of microorganisms. Ongoing research and development in fermentation technologies are driving innovations in precision fermentation. For instance, Ginkgo Bioworks, a synthetic biology company, raised $1.4 billion in funding to expand its precision fermentation capabilities. These advancements allow for the production of complex molecules and bioactive compounds with improved efficiency.
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Precision Fermentation Market Regional Insights:
North America: Home to key players and research institutions, North America leads in innovation and investment. Companies like Ginkgo Bioworks and Perfect Day are driving precision fermentation advancements.
Europe: Stringent regulations and rising consumer demand for eco-friendly products make Europe a hotspot for precision fermentation adoption. Companies like Novozymes and BioNTech are pioneering sustainable solutions.
Asia Pacific: With growing population and demand, Asia Pacific sees substantial market growth. Government support and demand for traditional Chinese medicines drive the adoption of precision fermentation.
Latin America: The region's expanding food and beverage industry and increasing preference for sustainable products boost the precision fermentation market. Notable players include Natura &Co and Biotecmar.
Middle East & Africa: Focus on sustainable agriculture and bio-based products is driving the Precision Fermentation Market. Precision fermentation is used in biofuel and agricultural solutions. Key players include PlantArcBio and Lycored.
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What is Precision Fermentation Market Segmentation:
by Product Type
Alternative Proteins
Specialty Chemicals
Therapeutic Proteins
by Application
Food and Beverages
Pharmaceuticals and Healthcare
Agriculture
Cosmetics and Personal Care
Biofuels and Chemicals
by End-use
Industry Food industry
Pharmaceutical Industry
Agriculture Industry
Cosmetics and Personal Care Industry
others
by microorganism type
Bacteria
Yeast
Filamentous Fungi
Algae
by Distribution Channel
Direct sales
Indirect sales
by Mode of operation
Batch
Continuous
Fed-Batch
Who are Precision Fermentation Market Key Players:
1. Ginkgo Bioworks - USA
2. Perfect Day - USA
3. Zymergen - USA
4. Pivot Bio - USA
5. Modern Meadow - USA
6. Novozymes - Denmark
7. BioNTech - Germany
8. AbSci -USA
9. Genomatica - USA
10. Amyris - USA
11. Ouroboros - USA
12. Zymtronix - USA
13. Tianjin Institute of Industrial Biotechnology - China
14. Biolingus - Germany
15. Natura &Co - Brazil
16. Biotecmar - Chile
17. INBIOTECH - Argentina
18. PlantArcBio - Israel
19. Lycored - Israel
20. Red Sea Farms - Saudi Arabia
21. Clara Foods - USA
22. Nature's Fynd - USA
23. Biomilk - Rehovot, Israel
24. Motif FoodWorks - USA
25. Calysta - USA
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Table of content for the Precision Fermentation Market includes:
1. Precision Fermentation Market: Research Methodology
2. Precision Fermentation Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Precision Fermentation Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4.Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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