Global Fermenters Market Report and Forecast 2024-2032

Global Fermenters Market Outlook

The global fermenters market size attained a value of approximately USD 1.59 billion in 2023. The market is further expected to grow at a CAGR of 5.70% during the forecast period of 2024-2032, reaching a value of around USD 2.63 billion by 2032.

The rapidly expanding food and beverage industry, spurred on by increasing population, is fuelling the growth of the fermenters market as the popularity of fermented foods and beverages continue to rise. Fermented foods and beverages offer health benefits while also appealing to the taste buds of consumers. In the coming years, a rising focus on customisation of fermenters is expected to catalyse the market growth. As food and beverage as well as pharmaceutical manufacturers increase production volumes and require specific conditions for fermentation, the demand for customised fermenters will likely surge. Improvements in quality and performance of fermenters, including increased control and accuracy over fermenting conditions, are also anticipated to support the market growth for fermenters.

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Increasing Demand for Fermenters in Food and Beverage Industry is Boosting the Market

The fermenters market growth is being driven by the rising demand for fermented beverages, including alcoholic and non-alcoholic beverages. Increasing disposable incomes and rising standards of living are compelling marketers to introduce innovative flavours in fermented beverages. Alcoholic beverages, such as wine, beer, and whiskey, among others, are fermented for long hours before they are packed for end consumers, which is another factor increasing the demand for fermenters.

Moreover, the rising consumer awareness regarding the health benefits of eating fermented food products, such as improvements to the intestinal tract and immune system, bioavailability of nutrients, and reduced chances of lactose intolerance, allergy, and cancers are expanding the global fermenters market share.

Fermenters: Market Segmentation

Fermenters are enclosed sterilised vessels used to cultivate heterotrophic microalgae. The micro-organisms go through fermentation so as to make the desired metabolite for various applications. The microbial growth in the fermenters is maintained with the use of sensors and prods within the fermenters.

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Based on process, the market is categorised into:

• Batch

• Continuous

• Others

By mode of operation, the market is bifurcated into:

• Automatic

• Semi-Automatic

On the basis of application, the market is divided into:

• Food

• Beverage

• Breakup by Type

• Alcoholic Beverages

• Non-Alcoholic Beverages

• Healthcare and Personal Care

• Others

The EMR report looks into the regional markets of fermenters like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Rising Use of Fermenters in Pharmaceuticals to Augment the Market Growth of Fermenters

The fermenter market growth is being propelled by the ability of fermenters to produce large yields in a short time and tolerate unusual growth conditions, such as acidic or high temperatures. As a result of these favourable properties, fermenters are largely used in the pharmaceutical industry for the production of chemical compounds, enzymes, and drugs. The fermentation process destroys harmful and undesirable microorganisms by adding beneficial bacteria, which are good for the human body.

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In addition, due to an increasing demand for antibiotics, the global demand for fermenters from the pharmaceutical sector is further witnessing growth. The rise in prevalence of infectious diseases is creating a significant demand for antibiotics, and hence augmenting the market for fermenters. Moreover, due to the rising number of diseases and flourishing healthcare sector, investments into research and development for the production of new pharmaceutical drugs is anticipated to bolster the market for fermenters over the forecast period.

Key Players in the Global Fermenters Market

The report presents a detailed analysis of the following key players in the global fermenters market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

• Sartorius AG

• Eppendorf AG

• GEA Group Aktiengesellschaft

• Electrolab Biotech

• Bioengineering AG

• BBI-Biotech GmbH

• Thermo Fisher Scientific Inc.

• Getinge AB

• SOLARIS BIOTECHNOLOGY srl

• Cytiva

• Broadley-James Corporation

• CerCell A/S

• Others

The comprehensive report looks at the micro and macro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report