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Fermenters Market Hits at 5.7% CAGR Revenue to Boost Cross $1,781.3 Million by 2025 | Strategic Analysis, Growth Drivers & Future Scenarios
Fermenters Market
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.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ: 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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โAutomatic 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.
โNorth 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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.alliedmarketresearch.com/purchase-enquiry/5213
๐๐ฒ๐ ๐๐ถ๐ป๐ฑ๐ถ๐ป๐ด๐ ๐ผ๐ณ ๐ง๐ต๐ฒ ๐๐ฒ๐ฟ๐บ๐ฒ๐ป๐๐ฒ๐ฟ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐:
โก๏ธThe continuous fermentation segment was the highest contributor to the fermenters market in 2017 and is projected to grow at a CAGR of 6.1%.
โก๏ธThere 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.
โก๏ธAutomatic segment accounted for the highest share with 63% of fermenters market share in the global fermenters market, in 2017.
โก๏ธAsia-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.
โก๏ธAt CAGR of 8.7% during the forecast period. Among countries, India is projected to grow with highest
๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.alliedmarketresearch.com/checkout-final/bfc272dea9d01ac833b9bed9d2d5b7b3
๐๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ถ๐ป๐ฑ๐๐๐๐ฟ๐
โกEppendorf AG
โกSartorius AG
โกThermo Fisher Scientific Inc.
โกGEA Group Aktiengesellschaft
โกGeneral Electric Company
โกPIERRE GUERIN SAS
โกCerCell ApS
โกElectrolab Biotech Ltd.
โกApplikon Biotechnology BV
โกBioengineering AG
โกZETA Holding GmbH
โกBBI-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.
๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฎ๐ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐๐ฒ๐ฑ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ:
๐นFeed Premix Market- https://www.einpresswire.com/article/700780137/feed-premix-market-reach-usd-3-999-3-million-by-2031
๐นPlant-based Meat Market- https://www.einpresswire.com/article/700781993/plant-based-meat-market-reach-33-3-billion-by-2031
๐นFood Preservatives Market- https://www.einpresswire.com/article/700784379/food-preservatives-market-set-to-reach-3-671-7-million-by-2031
๐นBakery Processing Equipment Market- https://www.einpresswire.com/article/700785915/bakery-processing-equipment-market-size-to-reach-18-7-billion-by-2028-cagr-6-7
๐นFree From Food Market- https://www.openpr.com/news/3450530/free-from-food-market-size-to-reach-161-2-billion-by-2026-cagr
๐นProtein Ingredients Market- https://www.openpr.com/news/3450545/protein-ingredients-market-to-reach-91-89-billion-growing-at
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