Microbial Fermentation Technology Market 2023 Driving Factors Forecast Research 2029

Microbial fermentation technology market is anticipated to grow at a CAGR of 5.9% during the forecast period (2023-2030). The major factor driving the global microbial fermentation technology market growth includes the rising industrial fermentation, which is used to generate chemicals, materials, biofuels, meals, and medicines. The main purpose in adoption of fermentation technology is to alter the metabolic pathways using cultivation-based or molecular approaches. Fermentation is a common method used by pharmaceutical companies to manufacture recombinant goods such as recombinant proteins, vaccines, and hormones. For instance, in May 2023, Ardra Inc. produces natural food ingredients such as plant-based meat substitutes, health and nutritional additives, and natural preservatives. Ardra produces natural ingredients more sustainably, more affordably, and with reliable supply via precision fermentation technology.

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The global microbial fermentation technology market is segmented by technology, application, and end-users. Based on the technology, the market is sub-segmented into fed-batch fermentation, solid-state fermentation, and continuous stirred-tank reactors. Based on the application, the market is sub-segmented into antibiotics, vaccines, solvents, and intermediary compounds. Further, on the basis of end-users, the market is sub-segmented into bio-pharmaceutical industries, food and feed industries, CROs and CMOs, and academic research institutes. Among the end-users, the bio-pharmaceutical industries sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of emerging innovative technologies such as ultrasound, ohmic heating, MEF, PEF, and cold plasma, these have significantly improved the market for fermentation technologies.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Microbial Fermentation Technology Market by Technology Type
o Fed-Batch Fermentation
o Solid-State Fermentation
o Continuous Stirred-Tank Reactor

Global Microbial Fermentation Technology Market by Application
o Antibiotics
o Vaccines
o Solvents
o Intermediary compounds

Global Microbial Fermentation Technology Market by End-User
o Bio-Pharmaceutical Industries
o Food and Feed Industries
o CROs and CMOs
o Academic Research Institutes

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Abolis Biotechnologies
o Biocon Ltd.
o BioVectra Inc.
o BIOZEEN
o CHAIN Biotechnology Ltd.
o Corbion N.V.
o EKF Diagnostics
o EV Biotech B.V.
o Lonza Group AG
o Microbial Discovery Group
o Novozymes A/S.
o PILI
o TerraVia Holdings, Inc.
o Unibio
o Wisconsin BioProducts ?

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global microbial fermentation technology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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