About Microbial Fermentation
Microbial fermentation is the breakdown of nutrients, mostly sugars and carbohydrates, by metabolic enzymes from microbes in the absence of oxygen. Generally, many types of microorganisms are present during the fermentation process and each of them has a distinct set of enzymes, leading to the formation of complex mixtures byproducts that characterize the smell and taste of fermented foods. This growth can be attributed to the increasing adoption of microbial fermentation across various industries, including food and beverages.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.65% |
Competition among existing players is due to the Microbial Fermentation market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Microbial Fermentation market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Microbial Fermentation market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Biocon (India), Roche (Switzerland), Danone Ltd. (France), DSM (Netherland), Lonza (Switzerland), United Breweries Ltd. (India), Amyris (United States), Novozymes (Denmark), Thermo Fischer Scientific (United States), Merck KGaA (Germany), Bio-Red Laboratories (United States) and Sartorius AG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are AGC Biologics (Denmark), BIO-CAT Microbials (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Microbial Fermentation market by Type (Enzymes, Organic Acids, Vitamins, Amino Acids and Others), Application (Pharmaceutical, Food & Beverages, Industrial Chemical, Agricultural and Others) and Region.
On the basis of geography, the market of Microbial Fermentation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Continuous Fermentation will boost the Microbial Fermentation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Micro-organism Type, the sub-segment i.e. Bacteria will boost the Microbial Fermentation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The integration of artificial intelligence and automation. and The increasing adoption of microbial consortia for complex product synthesis.
Market Growth Drivers:
Increasing demand for sustainable and eco-friendly production. and The growing focus on bio-based product.
Challenges:
Limited access to raw materials. and Regulatory barriers.
Restraints:
Limited scalability in certain application. and High cost associated with research and development activities.
Opportunities:
Advancement in biotechnology.
Market Leaders and their expansionary development strategies
In July 2023, Dsm-firmenich, innovators in nutrition, health, and beauty, confirms the completion of its acquisition of Adare Biome, a pioneer in the development and manufacturing of postbiotics, for an enterprise value of USD 275 million. The acquisition of Adare Biome has also position dsm-firmenich as a leader in the growing microbiome management market for pets and expand its animal health range, where the stability of postbiotics means they can be incorporated into premix feed solutions.
In January 2023, BioZyme launched its new product AO-Biotics, a line of fermentation products derived the company’s innovative fermentation of Aspergillus oryzae (AO) which promotes resilience. AO-Biotics‘s unique capacity to produce cell components and metabolites, it is ideal for producing innovative postbiotics.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.