The global fermenters market size reached US$ 1.6 Billion in 2022. Looking forward, the market is expected to reach US$ 2.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.24% during 2022-2028.
Fermenters, also known as stirred-tank bioreactors, are small, economical, sterilized process vessels used to cultivate heterotrophic microalgae. They use probes, sensors, and controlled clean-in-place systems to monitor conditions and maintain optimal levels of microbial growth. At present, they are utilized to manufacture a broad range of products, such as vinegar, cellulose, ethanol, protease, lipase, amylase, streptomycin, citric acid, lactic acid, and glutamic acid. These products find extensive applications in the pulp and paper production, biological wastewater treatment, and industrial solvents worldwide.
Fermenters, also known as stirred-tank bioreactors, are small, economical, sterilized process vessels used to cultivate heterotrophic microalgae. They use probes, sensors, and controlled clean-in-place systems to monitor conditions and maintain optimal levels of microbial growth. At present, they are utilized to manufacture a broad range of products, such as vinegar, cellulose, ethanol, protease, lipase, amylase, streptomycin, citric acid, lactic acid, and glutamic acid. These products find extensive applications in the pulp and paper production, biological wastewater treatment, and industrial solvents worldwide.
Fermenters Market Trends
Fermenters can produce large yields quickly, tolerate unusual growth conditions like acidic or high temperatures and be genetically modified. As a result, they are widely utilized in the pharmaceutical industry to produce a wide range of chemical compounds, enzymes, and drugs. The escalating demand for these drugs on account of the rising prevalence of infectious and chronic diseases represents one of the major factors influencing the market positively. Apart from this, the fermentation process destroys harmful microorganisms and chemicals and adds beneficial bacteria that aids in digestion. As a result, fermenters are finding applications in the food and beverage (F&B) industry to preserve and alter the texture of soy products, dairy items, grains, and vegetables. Moreover, the increasing awareness among individuals about the health benefits of consuming fermented food products, which include improving the intestinal tract, immune system, and bioavailability of nutrients, and reducing the chances of lactose intolerance, allergy, and cancers, is contributing to market growth. Furthermore, fermenters can be incorporated with advanced technologies to facilitate process monitoring, data acquisition and storage, error detection, filtering, unit conversion, and measurement calculations, which is impelling the market growth.Key Market Segmentation
This research provides an analysis of the key trends in each sub-segment of the global fermenters market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on process, mode of operation, material and end user.Breakup by Process:
- Batch
- Fed-Batch
- Continuous
Breakup by Mode of Operation:
- Semi-Automatic
- Automatic
Breakup by Material:
- Stainless-Steel
- Glass
Breakup by End User:
- Food and Beverages
- Pharmaceutical
- Personal Care
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being Applikon Biotechnology B.V. (Getinge AB), bbi-biotech GmbH, Bioengineering AG, CerCell A/S, Electrolab Biotech Ltd, GEA Group Aktiengesellschaft, General Electric Company, Pierre Guérin SAS (ENGIE Group Company), Sartorius AG, Thermo Fisher Scientific Inc. and ZETA Holding GmbH.Key Questions Answered in This Report:
- How has the global fermenters market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global fermenters market?
- What are the key regional markets?
- What is the breakup of the market based on the process?
- What is the breakup of the market based on the mode of operation?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global fermenters market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Fermenters Market
6 Market Breakup by Process
7 Market Breakup by Mode of Operation
8 Market Breakup by Material
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
Companies Mentioned
- Applikon Biotechnology B.V. (Getinge AB)
- bbi-biotech GmbH
- Bioengineering AG
- CerCell A/S
- Electrolab Biotech Ltd
- GEA Group Aktiengesellschaft
- General Electric Company
- Pierre Guérin SAS (ENGIE Group Company)
- Sartorius AG
- Thermo Fisher Scientific Inc.
- ZETA Holding GmbH
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 143 |
Published | November 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 1.6 Billion |
Forecasted Market Value ( USD | $ 2.3 Billion |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |