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

Fermenter Market, By Process (Batch, Fed-batch, and Continuous), By Microorganism (Bacteria and Fungi), By Mode of Operation (Semi-automatic and Automatic), By Application (Food, Beverages, and Healthcare & cosmetics), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : Mar 2024
  • Code : CMI6783
  • Pages :130
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials
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The fermenter market is estimated to be valued at USD 1.98 Bn in 2024 and is expected to reach USD 3.37 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.  The global fermenter market has been witnessing significant growth in recent years. Fermenters are critical equipment utilized across diverse industries like pharmaceutical, food & beverage, and chemicals, among others for the large-scale production of various products through the fermentation process. The rising demand for vaccines, antibodies, and other biologics from the pharmaceutical sector has substantially driven the need for fermenters. Moreover, growing health consciousness among consumers has augmented the consumption of probiotics and fermented foods, propelling the fermenter demand from the food industry. However, high initial investments associated with fermenters limits their adoption among small-scale end users. Going forward, technological advancements towards the development of single-use fermenters and continuous fermentation systems are expected to deliver new growth opportunities in the fermenter market.

 Market Dynamics:

The surging demand for biologics from the biopharma industry has been a key growth driver for the global fermenter market. Additionally, the rising consumption of fermented foods and rising aging population necessitating probiotic supplements have also augmented the market growth. However, high initial investments required for procuring fermenters poses significant challenges, particularly for small and medium scale end-use industries. This acts as a major restraining factor. Adoption of single use and modular fermenters presents new opportunity, as it reduces investment and facility size. Continuous fermentation technology is another emerging trend being adopted to enhance productivity. However, lack of skilled workforce for operating advanced fermentation equipment remains a key challenge.

 Key Features of the Study:

  • This report provides an in-depth analysis of the global fermenter market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global fermenter market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include 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, and Borg Scientific
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global fermenter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fermenter market

Market Segmentation

  •  By Process:
    • Batch
    • Fed-batch
    • Continuous
  • By Microorganism:
    • Bacteria
    • Fungi
  • By Mode of Operation:
    • Semi-automatic
    • Automatic
  •  By Application:
    • Food
    • Beverages
    • Healthcare & cosmetics
  • By Regional:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • 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

Market Segmentation

  •  By Process:
    • Batch
    • Fed-batch
    • Continuous
  • By Microorganism:
    • Bacteria
    • Fungi
  • By Mode of Operation:
    • Semi-automatic
    • Automatic
  •  By Application:
    • Food
    • Beverages
    • Healthcare & cosmetics
  • By Regional:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
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