The global market size for fermenters is projected to rise at a CAGR of 7.78% from 2022 to 2027 and be worth USD 2.41 billion by 2027 from USD 1.66 billion in 2022.
Fermenters are complex vessels meant to keep microorganisms growing in the best possible environment. Fermenters are cylinder-shaped structures used to carry out biological processes in a controlled environment. Agitation speed, aeration rate, heating intensity or cooling rate, and nutrient supply rate all play essential roles in fermenters and must be carefully monitored and managed. In addition, the fermenters must be strong and durable enough to handle various treatment needs, including high pressure and heat exposure, chemical resistance, and washing and cleaning operations.
Impact of COVID-19 on the global fermenters market:
COVID-19 is an unprecedented global public health crisis that has impacted practically every industry. Its long-term repercussions are expected to influence the market growth during the forecast period. Almost every industry in the world has suffered a setback in the last few months. This could be due to significant disruptions in their manufacturing and supply-chain operations because of various precautionary lockdowns and other restrictions imposed by governments worldwide. The same may be true of the worldwide fermenters market.
Furthermore, consumer demand has reduced as people are now more focused on eliminating non-essential expenses from their budgets as the general economic position of most people has been negatively impacted by this outbreak. On the other hand, prebiotics may improve gut immunity by boosting certain gut microorganisms selectively. Fermented foods, probiotics, and prebiotics have improved gut and lung immunity at various levels of support. Without a promise of efficacy against COVID-19, including them in one's diet may reduce gut inflammation and boost mucosal immunity, allowing one to better combat the infection by reducing the severity or duration of infection episodes. As a result, the market has moderate growth during the pandemic.
The increasing use of fermentation technology in the food, beverage, and pharmaceutical industries and the growing consumer perception of fermentation in terms of health claims are driving the growth of the global fermenters market.
The global fermenters market is further expected to expand due to the rising consumption of fermented drinks such as beer and wines, owing to the growing popularity of a range of beer and wines among people worldwide. The global demand for numerous pharmaceuticals has increased as the senior population has grown. This would start discovering and researching various medications, leading to their manufacture. This would help the fermenters market to expand. The rise of infectious diseases that impact a broad population will also boost this market's growth. The government's increased investment in drug R&D would also help the market flourish. An increase will aid the expansion of this market in disposable income and increase public awareness of various ailments.
In addition, the fermenters market is growing as people become more aware of the health benefits of fermented foods, including strengthening the intestinal tract, immune system, and nutritional bioavailability and lowering the risk of lactose intolerance, allergy, and cancer. Fermenters can also be equipped with advanced technology to help with process monitoring, data collecting and storage, error detection, filtering, unit conversion, and measurement calculations, all driving the market forward. Many manufacturers are releasing novel non-alcoholic fermented drinks to appeal to the millennial and older demographic. These non-alcoholic fermented drinks are made with fermenters, driving up demand for fermenters in the market. Because the young population is recognized for their desire to try new taste combinations, producers have an opportunity to introduce new fusion flavored drinks to the market, resulting in increased sales for fermenters over the forecast period.
The worldwide fermenters market is likely to be restrained by high fermenter costs and the commercial feasibility of extremely large-scale fermenters. Furthermore, heating, mixing, and crucial parameter control problems, such as pH, temperature, humidity, and managing enormous volumes of liquids and gases, are common in large-scale fermenters. Various complications associated with mammalian cell culture cultivation for the healthcare industry can pose a challenge to the fermenters market's growth.
Market Size Available
2021 to 2027
2022 to 2027
By Microorganism, Application, Process, Mode of Operation & Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa
This research report on the global fermenters market has been segmented and sub-segmented based on the microorganism, application, process, mode of operation & region.
Fermenters Market – By Process:
Due to improved efficacy in microbe growth and production, the continued fermentation segment is predicted to grow at the fastest CAGR and maintain its dominance during the forecast period. Furthermore, compared to its competitors, the turnover rate, or the conversion of the substance into desirable products, is high. Furthermore, continuous fermenters produce a high output due to the quicker rate of nutrient consumption.
Fermenters Market – By Application:
Due to the rising adoption of fermentation technologies by significant companies to develop novel products, the global market for fermenters is expected to rise faster in the beverage and food segments.
Fermenters Market – By Microorganism:
Bacteria such as E. coli are great microorganisms for the fermentation process. They are also the most extensively used microbe in the fermentation process; thereby Bacteria segment dominates the market with the largest share.
Fermenters Market – By Mode of Operation:
Due to widespread use in commercial and industrial applications, the automatic segment is expected to rise at a faster CAGR over the forecast period. In addition, automated fermenters are widely used in medium- to large-scale manufacturing. They also enable batch processing's cost-effectiveness and commercial scalability.
Fermenters Market – By Region:
The Asia Pacific is expected to be the fastest-growing market for fermenters worldwide during the forecast period. Due to the positive market potential for fermented food products in emerging economies such as India, food manufacturers in these countries have implemented methods such as expansions to meet demand and fermenters to boost fermented product production capacity. In addition, Asia Pacific is becoming a prominent location for probiotic-based foods, beverages, dietary supplements, and developments in the dessert, confectionery, and fermented food industries. China's, India's, and Japan's expanding populations and per capita income are predicted to stimulate demand for fermented foods and beverages, which will drive demand for fermenters.
Next to Asia, North America dominated the Fermenters market. This can be related to the region's growing fermented foods and beverages consumption. In addition, the presence of many important manufacturing players in this region is expected to help the region's market growth.
The significant adoption of stainless-steel fermenters across various end-user industries has given Europe the leading and runner-up positions in the market competition. In addition, other benefits of such fermenters, such as ease of sanitization, increased durability, and reusable nature will also aid this region in maintaining its leadership position in the market throughout the forecast period.
KEY MARKET PARTICIPANTS:
Eppendorf AG, Sartorius AG, Thermo Fisher Scientific Inc., GEA Group Aktiengesellschaft, General Electric Company, PIERRE GUERIN SAS, CerCell ApS, Electrolab Biotech Ltd, Applikon Biotechnology BV, Bioengineering AG, ZETA Holding GmbH and BBI-Biotech GmbH are a few of the prominent companies operating in the global fermenters market profiled in this report.
RECENT HAPPENINGS IN THIS MARKET:
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Fermenters market , By Process
6.1.4 Market Size Estimations & Forecasts (2022 to 2027)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Fermenters market , By Application
6.2.3 Healthcare & Personal Care
6.2.4 Market Size Estimations & Forecasts (2022 to 2027)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Fermenters market , By Microorganism
6.3.3 Market Size Estimations & Forecasts (2022 to 2027)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Fermenters market , By Mode of Operation
6.4.3 Market Size Estimations & Forecasts (2022 to 2027)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Fermenters market , by Region
7.2 North America - Market Analysis (2022 to 2027)
7.2.1 By Country
7.2.2 By Process
7.2.3 By Application
7.2.4 By Microorganism
7.2.5 By Mode of Operation
7.3.1 By Country
184.108.40.206 Rest of Europe
7.3.2 By Process
7.3.3 By Application
7.3.4 By Microorganism
7.3.5 By Mode of Operation
7.4 Asia Pacific
7.4.1 By Country
220.127.116.11 South Korea
18.104.22.168 South East Asia
22.214.171.124 Australia & NZ
126.96.36.199 Rest of Asia-Pacific
7.4.2 By Process
7.4.3 By Application
7.4.4 By Microorganism
7.4.5 By Mode of Operation
7.5 Latin America
7.5.1 By Country
188.8.131.52 Rest of Latin America
7.5.2 By Process
7.5.3 By Application
7.5.4 By Microorganism
7.5.5 By Mode of Operation
7.6 Middle East and Africa
7.6.1 By Country
184.108.40.206 Middle East
7.6.2 By Process
7.6.3 By Application
7.6.4 By Microorganism
7.6.5 By Mode of Operation
8. Key Player Analysis
8.1 Eppendorf AG
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Sartorius AG
8.3 Thermo Fisher Scientific Inc.
8.4 GEA Group Aktiengesellschaft
8.5 General Electric Company
8.6 PIERRE GUERIN SAS
8.7 CerCell ApS
8.8 Electrolab Biotech Ltd
8.9 Applikon Biotechnology BV
8.10 Bioengineering AG
8.11 ZETA Holding GmbH
8.12 BBI-Biotech GmbH.
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
As per our research report, the global fermenters market size is estimated to be worth USD 2.41 billion by 2027.
From 2022 to 2027, the global market for fermenters market is projected to be growing at a CAGR of 7.78%.
Geographically, the APAC region is forecasted to lead the fermenters market during the forecast period.
Companies playing a significant role in the global fermenters market are Eppendorf AG, Sartorius AG, Thermo Fisher Scientific Inc., GEA Group Aktiengesellschaft, General Electric Company, PIERRE GUERIN SAS, CerCell ApS, Electrolab Biotech Ltd, Applikon Biotechnology BV, Bioengineering AG, ZETA Holding GmbH and BBI-Biotech GmbH.
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