Microbial Fermentation Technology Industry Outlook 2025-2029: Market Set to Cross $57.14 Billion Milestone

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Microbial Fermentation Technology Market Size By 2025?
The market size for microbial fermentation technology has seen substantial growth in past years. It is projected to expand from $37.46 billion in 2024 to $40.88 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%. This growth over the historical period is due to factors such as higher demand for speedy and precise microbial identification approaches, the expansion of the pharmaceutical sector, a growing preference for automation and sterility testing in the pharmaceutical industry, escalated demand for consumer goods, and an increasing global population, and the increased usage of industrial microbiology.

How Big Is the Microbial Fermentation Technology Market Size Expected to Grow by 2029?
There's anticipation for a substantial rise in the market size of microbial fermentation technology in the upcoming years, forecasted to increase to $57.14 billion by 2029 with an 8.7% Compound Annual Growth Rate (CAGR). This projected growth during the estimation period can be due to the escalated demands for alcoholic drinks, the growing popularity of fermented food, the heightened interest in CRISPR-9 technology, the surging production of biosimilars and a higher demand for alternatives to fossil fuels. The period of prediction will see major trends such as embracing synthetic biology techniques, breakthroughs in bio-processing, the introduction of new microbial strains, application of high-end technologies like molecular diagnostics, genomics, and proteomics, implementing testing methods in the food and beverage industry, and leading-edge innovations in fermenters.

View the full report here:
https://www.thebusinessresearchcompany.com/report/microbial-fermentation-technology-global-market-report

Which Key Market Drivers Powering Microbial Fermentation Technology Market Expansion and Growth?
A surge in the demand for alcoholic drinks is predicted to fuel the expansion of the microbial fermentation technology market in the future. These fermented beverages, which contain ethyl alcohol or ethanol as a psychoactive substance, are derived from a variety of sugars found in fruits, berries, grains, and other resources such as plant saps, tubers, honey, and milk. This rising demand is largely due to shifts in lifestyle habits and the emergence of healthier alternatives such as low-calorie, low-alcohol, or organic alcoholic beverages. Microbial fermentation technology plays a crucial role in the production of these beverages, offering accuracy, customization, scalability, and eco-friendly sustainability during the fermentation process. For example, Statistics Canada, a national statistics agency, reported in February 2023 that liquor authorities and various retail businesses sold alcoholic beverages valued at $26.1 billion in the fiscal year ending in March 2022, showing a 2.4% increase from the prior year. Therefore, this escalating demand for alcoholic beverages stimulates the growth of the microbial fermentation technology market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15862&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Microbial Fermentation Technology Market?
Prominent firms in the microbial fermentation technology market are centering their efforts on forming strategic alliances to bolster their research and development skills, diversify their product range, and speed up the market introduction of innovative fermentation-derived products. The primary objectives of these cooperations often include harnessing shared expertise, opening up new markets, and attaining economies of scale, all of which contribute towards accelerating growth and competitiveness in the fast-paced domain of microbial fermentation technology. In reference, Planetary, a biotechnology firm based in Switzerland, penned a Memorandum of Understanding with Konica Minolta, a tech firm from Japan in November 2022. This partnership is to launch AI and data-centric technologies tailored for the optimization of fermentation processes. The alliance would concentrate on formulating data-driven solutions that can assess bioprocess data to refine fermentation processes, reducing the possibility of lost production batches and enhancing total efficiency.

What Are the Emerging Segments in the Microbial Fermentation Technology Market?
The microbial fermentation technology market covered in this report is segmented -

1) By Type: Medical, Industrial, Alcohol Beverages, Food And Feed Products
2) By Application: Antibiotics, Probiotics Supplements, Monoclonal Antibodies, Recombinant Proteins, Biosimilars, Vaccines, Enzymes, Small Molecules
3) By End Users: Bio-Pharmaceutical Companies, Contract Research Organizations (CROs), Contract Manufacturing Organization (CMOs) And Contract Development And Manufacturing Organization (CDMOs), Academic And Research Institutes

Subsegments:
1) By Medical: Antibiotics Production, Therapeutic Proteins Production, Vaccines Production
2) By Industrial: Biofuels Production, Biochemicals Production, Polymers Production
3) By Alcohol Beverages: Beer Production, Wine Production, Spirits Production
4) By Food And Feed Products: Probiotics, Food Additives, Animal Feed Production

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15862&type=smp

Who Are the Global Leaders in the Microbial Fermentation Technology Market?
Major companies operating in the microbial fermentation technology market are Cargill Inc., Archer Daniels Midland Company, BASF SE, F.Hoffmann-La Roche AG, The Dow Chemical Company , Evonik Industries AG, Royal DSM NV, Ajinomoto Co Inc., Givaudan SA, Lonza Group, AGC Group, Novozymes A/S, United Breweries Ltd., Ginkgo Bioworks Inc., Amyris Inc., Biovectra Inc., BIOZEEN, MycoTechnology Inc., Unibio A/S, Locus Fermentation Solutions, Lygos Inc., Amano Enzyme Inc. , ZymoChem Inc., Conagen inc., NovoNutrients

Which are the Top Profitable Regional Markets for the Microbial Fermentation Technology Industry?
Asia-Pacific was the largest region in the microbial fermentation technology market in 2023. The regions covered in the microbial fermentation technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15862

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.