FERMENTER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Another key driver has been the rising deployment of fermenters in food and beverage applications. Fermentation is vital for producing a variety of food items consumed globally on a daily basis. Right from bread, yogurt, cheese to alcoholic beverages, fermented foods constitute a major part of the human diet. With growing health-consciousness, the demand for probiotic products with live cultures has surged significantly. Also, the rising income levels and changing demographics in emerging countries is driving higher spending on value-added, ready-to-eat and fortified food products which uses fermenters. Furthermore, the brewing industry too has witnessed expansion worldwide. The market for craft beers in particular has boomed with consumers preferring diversified flavors. This has spurred microbreweries to invest in fermenting systems for trial runs and scaling up niche brews, therefore the growing food industry is expected to drive the market growth. For instance, according to data published by Invest India in 2022, by 2025 the Indian food processing market is estimated to reach US$ 535 Bn, growing at a compound annual growth rate of 15.2%.

• DSM N. V.
• GEA GROUP
• ALFA LAVAL AB
• BASF SE
• JBT CORPORATION
• CHR. HANSEN HOLDINGS A/S
• Biotree
• Uma Pharmatech Machinery
• Amerging Technologies
• DIOSNA Dierks & Söhne GmbH
• Pierre Guerin SA
• OMVE
• SYSBIOTECH GmbH
• Shree Biocare Solutions Private Limited
• Borg Scientific