The fermenter market is estimated to be valued at USD 2.14 Bn in 2025 and is expected to reach USD 3.69 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.
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The fermenter market is expected to witness significant growth over the forecast period. The growth of the market is attributed to increasing focus on reducing contamination during fermentation as fermenters help eliminate manual interventions. Additionally, rising demand from industries, such as food and beverages, pharmaceuticals, and chemicals, is also fueling the demand for advanced fermenters. Growing need for continuous fermentation process among end-use industries is further expected to drive the market during the forecast period.
Rising Demand from Pharmaceutical Industry
The fermenter market is expected to witness significant growth in the coming years driven majorly by the rising demand from the pharmaceutical industry. The industry has been relying heavily on fermenters for the commercial production of various biologics and biosimilars. Most of the therapeutic proteins and antibodies used in the treatment of chronic diseases such as cancer, diabetes, etc. are developed through fermentation processes using microorganisms. With increasing prevalence of these diseases globally and rising demand for affordable biologics, pharmaceutical companies around the world have been ramping up their production capacities. This in turn has boosted the sales of large-scale fermenters substantially. Moreover, with the patent expiry of blockbuster biologics, many pharma companies are investing in developing biosimilars. Since fermentation remains the most economic production method for biosimilars as well, it is leading to additional requirements for fermenters in this domain.
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