Fermenters Market 2027: Growth, Scope, Trends, Share and Demand
According to the latest report by IMARC Group, titled “Fermenters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global fermenters market size reached US$ 1.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2027, exhibiting a growth rate (CAGR) of 7% during 2022-2027.
Fermenters or stirred-tank bioreactors are small, economical, and sterilized process vessels used for cultivating heterotrophic microalgae. They utilize sensors, probes, and controlled clean-in-place systems to monitor conditions and maintain optimal levels of microbial growth. Fermenters find extensive applications in the manufacturing of numerous products, such as cellulose, ethanol, vinegar, lipase, citric acid, amylase, streptomycin, lactic acid, etc. They are also widely used in biological wastewater treatment, pulp and paper production, industrial solvents, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
These vessels can be genetically modified, produce large yields quickly, tolerate unusual growth conditions, and produce a wide range of chemical compounds, drugs, enzymes, etc. As such, the rising product demand in the pharmaceutical industry is driving the fermenters market. Moreover, the growing prevalence of numerous infectious and chronic diseases is further catalyzing the market growth. Additionally, the increasing requirement of fermenters in the food and beverage industry for destroying harmful microorganisms and chemicals during fermentation, adding beneficial bacteria to promote digestion, preserving the texture of soy products, etc., is also augmenting the global market. Furthermore, the inflating levels of awareness about the health benefits of consuming fermented food products, such as improved immune system, increased bioavailability of nutrients, reduced chances of lactose intolerance, etc., are expected to fuel the fermenters market over the forecasted period.
Breakup by Process:
Breakup by Mode of Operation:
Breakup by Material:
Breakup by End User:
- Food and Beverages
- Personal Care
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- 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
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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