Global Microbial Fermentation Technology Market 2024 – 2033

Reports Description

According to Custom Market Insights (CMI), The Global Microbial Fermentation Technology Market is expected to grow at a compound annual growth rate of 7.8% during the forecast period. As a result, the market is valued at USD 28.23 Billion in the year 2021 and is expected to reach USD 31.54 Billion in 2022, and it is expected to grow to USD 52.12 Billion by 2030.

Microorganisms like fungi make secondary metabolites, and that is known as microbial fermentation. When favorable conditions are favorable, these microorganisms can convert the inexpensive carbon and nitrogen sources to critical intermediates or API s. With the help of microorganisms, products that are extremely important for various industries and applications like biotechnology and the medical industry are produced.

Bacteria and fungi are the microorganisms that are used. The fermentation process comprises four other segments: biomass production, intracellular components production, extracellular metabolite production, and the transformation of substrates. Due to constant research and development activities, many innovative products are offered in the market. The medical products that use microbial fermentation technology are probiotics, biosimilars, monoclonal antibodies, and protein antibiotics. Even though there are many reasons why the market is expected to grow, a few other restraining factors will hamper the market’s growth during the forecast period. 

The microbial fermentation process happens to be a slow process which turns out to be inefficient. As the demand for this process in various industries has increased in recent years, the slow process hampers the balance between demand and supply. Moreover, when it comes to storage, it is an expensive procedure, and the entire process itself is high in cost. Another factor that will hamper the market’s growth during the forecast period is that microbial fermentation products are sometimes toxic to the environment. 

A specific product used in the market, derived through microbial fermentation technology, is ethanol, which is highly toxic to plants. Strict policies adopted by various nations across the globe will hinder market growth during the forecast period and pose a significant challenge to the market’s growth in the coming years. In addition, the energy consumption in the entire process is high as it requires more resources.

Growth Factors

As fossil fuels are depleting and petrol prices have also increased in recent years, the demand for alternative products has increased. As a result, there is growth in the market for enzymes, alkaloids, amino acids, and alcohols, especially in the chemical industry. With the help of different solutions that undergo the processes, all these products can be acquired for microbial fermentation technology.

The demand for this technology will continue to grow during the forecast period. There are a large number of applications of these solutions that make use of microbial fermentation technology. Demand for this technology has increased in various industries like the pharmaceutical, food and beverages, energy materials, and chemical industries. With the help of multiple solutions, some of the products derived through this technology are acetic acid, citric acid, and ethanol. In addition, this technology plays a significant role in manufacturing various chemicals used on a large scale in different industries. 

The growing demand for this technology in the chemical industries will lead to the market’s growth in the coming years. It provides a cost-effective option and offers better output. In addition, this technology has provided advanced features as research and development activities have increased in recent years. As many new products are launched in the market, and the awareness about the usage of these products has also increased, the demand for this technology is expected to grow well in the coming years. 

Microbial fermentation technology happens to be a revolutionary technique, and it has a promising future as it involves the use of microorganisms in the manufacturing of various compounds, which are highly significant in the manufacturing of multiple pharmaceuticals, biofuels, and materials that are environment-friendly. It is also used in manufacturing fine chemicals and has applications in the food and beverages industry. Another factor that will help the market’s growth during the forecast period is the commercial manufacturing of vaccines that help immunization.

The microbial fermentation technology market segment is based on the Product.

Based on the type of Product, the alcoholic beverages segment is expected to have the largest market share in the coming years. The alcoholic beverages segment has dominated the market in the past with the maximum percentage of revenue, and it will continue to grow well in the coming years. Increased consumption of these beverages and the popularity of alcohol will lead to the market’s growth in the coming years. 

As the consumption of alcoholic beverages has increased among millennials and youngsters, the market will continue to grow. The consumption of alcoholic drinks is the maximum in the urban population, and it will continue to grow in the coming years. Technological advancements will also significantly impact the market’s growth in the coming years. Regarding alcoholic beverages, new products are launched due to a more extensive consumer base. Furthermore, as the number of bars and lounges has increased in recent years, the demand for alcoholic beverages will also increase, due to which the market will continue to grow well in the coming years.

Even though the government and awareness have adopted many strict policies regarding the effects of these beverages’ consumption, consumption will continue to increase. Demand for various flavors will drive market growth in the coming years. Different flavors are launched to attract new consumers, which helps increase sales, due to which the need for microbial fermentation will increase during the forecast period. When it comes to microbial fermentation technology, which is used in the food and beverages industry, there’s a large-scale adoption of this technology as it is a unique approach that helps bring about stability in food due to the biochemical as well as the physical changes.

The number of peptides, antioxidants, and other properties dramatically benefits consumers. Therefore, the demand for different fermented products is expected to grow in the coming years. Microbial fermentation technology is used to manufacture various types of products used in the pharmaceutical industry. These products help in treating different types of medical conditions. These medicines treat cancer, infectious diseases, and other types of disorders. In addition, microbial fermentation technology produces antiviral, anti-fungal, parasitic, and antibacterial drugs.

The microbial fermentation technology market segment is based on the End User.

Based on the end user, the chemical industries segment will have the largest market share in the coming years. This segment has dominated the market in the past, and it will continue to grow well in the coming years. The microbial fermentation technology is used on a large scale for the brewing of alcohol, and it is also used on a large scale in wineries. Demand for alcoholic drinks has increased in recent years and plays a significant role in the market’s growth.

Rapid urbanization and increased purchasing power are other factors that will lead to the market’s growth in the coming years. The availability of bars and clubs on a large scale in urban areas will increase the sales of alcoholic drinks. An increased number of bars, pubs, restaurants, and hotels serving alcoholic beverages will also play an essential role in the market’s growth.

Report Scope

Regional Insights

Based on geography, the Asia Pacific region will have the largest market share in the coming years. Regarding the world market, the Asia Pacific region has dominated even in the past, with a share of about 40% in revenue compared to other areas of the world. The need for microbial fermentation has increased to a great extent in this region. Compared to the other world markets, the demand for this technology is expected to be the highest in the Asia Pacific region. As the geriatric population in this region has also increased in recent years, the Microbial Fermentation Technology market is expected to grow well in the coming years as the chemical industry in this region is also highly developed, especially when it comes to the countries like China, the market is expected to grow well in the coming years.

The increased amount of research activities in the field of biotechnology in healthcare will lead to the market’s growth. As the disposable income of the people has increased and the lifestyle has also changed for the developing nations across the Asia Pacific region, the demand for various products produced with the help of microbial fermentation technology will increase in the coming years. As the geriatric population has grown, the cases of chronic illness have also increased; due to this, the demand for this technology is expected to grow to introduce new drugs in the market. In addition, cases of diabetes and cancer have increased due to a greater need for various medications in the Asia Pacific region.

Key Players 

• Danone UK
• Hoffmann-La Roche AG
• Koninklijke DSM NV
• Lonza Group AG
• Novozymes A/S
• Amyris, Inc.
• Biocon Ltd.
• BioVectra Inc.
• TerraVia Holdings, Inc.
• United Breweries Ltd.

Recent Development

• In the year 2020, the organization Lonza increased the manufacturing capacity of the plant in Switzerland. As the demand for those solutions that were produced with the help of microbial fermentation increased the manufacturing also increased to 3000 liters.

Segments covered in the report

By Product

• Medical
  • Antibiotics
  • Probiotics
  • Monoclonal Antibodies
  • Recombinant Proteins
  • Other Biosimilars
• Alcohol Beverages
  • Beer
  • Spirits
  • Wine
  • Others
• Industrial
  • Acetone, Ethanol & Butanol
  • Enzymes & Amino Acids
• Food and Feed Products

By End User

• Bio-Pharmaceutical Industries
• Contract Research Organizations (CROs) and Contract Manufacturing Organizations (CMOs)
• Academic Research Institutes
• Food and Feed Industry
• Others

On the basis of Geography

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America