
Precision Fermentation Market Share, Size, Trends, Industry Analysis Report, By Microbe (Yeast, Algae, Fungi, Bacteria); By Application (Dairy Alternatives, Meat & Seafood, Egg Alternatives, Others); By Ingredient; By Region; Segment Forecast, 2022 - 2030
Description
Precision Fermentation Market Share, Size, Trends, Industry Analysis Report, By Microbe (Yeast, Algae, Fungi, Bacteria); By Application (Dairy Alternatives, Meat & Seafood, Egg Alternatives, Others); By Ingredient; By Region; Segment Forecast, 2022 - 2030
The global precision fermentation market size is expected to reach USD 37.35 billion by 2030, according to a new study by Polaris Market Research. The report “Precision Fermentation Market Share, Size, Trends, Industry Analysis Report, By Application (Meat & Seafood, Dairy Alternatives, Egg Alternatives, Others); By Ingredient; By Microbe (Yeast, Algae, Fungi, Bacteria); By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
Manufacturers introduce a variety of plant-based products into the market that contain nutrients procured from sources other than animals, including plants, to fulfill the needs of the vegan consumer. Therefore, the increasing popularity of the vegan diet drives the precision fermentation market.
Precision fermentation is a safe and efficient method for producing insulin, as well as the huge number of vitamins and many enzymes included in all commercially manufactured foods. In addition, precision fermentation methods increase protein production, and the product’s non-allergic qualities are superior to those of animal protein.
Precision Fermentation Market Report Highlights
Precision Fermentation, Application Outlook (Revenue – USD Billion, 2018 – 2030)
The global precision fermentation market size is expected to reach USD 37.35 billion by 2030, according to a new study by Polaris Market Research. The report “Precision Fermentation Market Share, Size, Trends, Industry Analysis Report, By Application (Meat & Seafood, Dairy Alternatives, Egg Alternatives, Others); By Ingredient; By Microbe (Yeast, Algae, Fungi, Bacteria); By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
Manufacturers introduce a variety of plant-based products into the market that contain nutrients procured from sources other than animals, including plants, to fulfill the needs of the vegan consumer. Therefore, the increasing popularity of the vegan diet drives the precision fermentation market.
Precision fermentation is a safe and efficient method for producing insulin, as well as the huge number of vitamins and many enzymes included in all commercially manufactured foods. In addition, precision fermentation methods increase protein production, and the product’s non-allergic qualities are superior to those of animal protein.
Precision Fermentation Market Report Highlights
- Based on the application, the meat & seafood segment is expected to spearhead revenue growth owing to consumers’ demand for meat alternatives for their meals; there has been an increase in the number of innovative products on the market
- In addition, the consumption of seafood that contains harmful contaminants, including mercury, is leading to an increase in the incidence of chronic gastrointestinal disorders, which is driving the growth of the plant-based seafood segment
- The production of plant-based eggs is more environment friendly than the processes used in the manufacture of conventional eggs. As a result of this, the egg white segment is expected to grow over the forthcoming period.
- The algae segment accounted for the largest share as a large amount of purified end product are being produced due to the rapid multiplication rate of algae sources
- The growth of the North American precision fermentation market has been driven by growing veganism trends among local customers, as well as the expanding health benefits of eating healthy and the usage of meat alternatives has increased
- Major players operating in the industry include Change Foods, Geltor, Helania Inc, Formo, FUMI Ingredients, Fybraworks Foods, Imagindairy Ltd, Eden Brew, Impossible Foods Inc, Melt & Marble, Motif Foodworks, Inc, Mycorena, Myco Technology, New Culture, Nourish Ingredients, Perfect Day Inc, Remilk Ltd, Shiru Inc, The Every Co., and Triton Algae Innovations.
Precision Fermentation, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Meat & Seafood
- Dairy Alternatives
- Egg Alternatives
- Others
- Whey & Casein Protein
- Egg White
- Collagen Protein
- Heme Protein
- Enzymes
- Others
- Yeast
- Algae
- Fungi
- Bacteria
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
115 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Global Precision Fermentation Market Insights
- 4.1. Precision Fermentation – Industry Snapshot
- 4.2. Precision Fermentation Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Heavy investments and funding in the precision fermentation space
- 4.2.1.2. Growing adoption of vegan and meat-free lifestyles
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Higher manufacturing costs associated with the production of ingredients utilizing precision fermentation
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Precision Fermentation Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Global Precision Fermentation Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 5.3. Meat & Seafood
- 5.3.1. Global Precision Fermentation Market, by Meat & Seafood, by Region, 2018 - 2030 (USD Billion)
- 5.4. Dairy Alternatives
- 5.4.1. Global Precision Fermentation Market, by Dairy Alternatives, by Region, 2018 - 2030 (USD Billion)
- 5.5. Egg Alternatives
- 5.5.1. Global Precision Fermentation Market, by Egg Alternatives, by Region, 2018 - 2030 (USD Billion)
- 5.6. Others
- 5.6.1. Global Other Precision Fermentation Market, by Region, 2018 - 2030 (USD Billion)
- 6. Global Precision Fermentation Market, by Ingredient
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 6.3. Whey & Casein Protein
- 6.3.1. Global Precision Fermentation Market, by Whey & Casein Protein, by Region, 2018 - 2030 (USD Billion)
- 6.4. Egg White
- 6.4.1. Global Precision Fermentation Market, by Egg White, by Region, 2018 - 2030 (USD Billion)
- 6.5. Collagen Protein
- 6.5.1. Global Precision Fermentation Market, by Collagen Protein, by Region, 2018 - 2030 (USD Billion)
- 6.6. Heme Protein
- 6.6.1. Global Precision Fermentation Market, by Heme Protein, by Region, 2018 - 2030 (USD Billion)
- 6.7. Enzymes
- 6.7.1. Global Precision Fermentation Market, by Enzymes, by Region, 2018 - 2030 (USD Billion)
- 6.8. Others
- 6.8.1. Global Precision Fermentation Market, by Others, by Region, 2018 - 2030 (USD Billion)
- 7. Global Precision Fermentation Market, by Microbe
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 7.3. Yeast
- 7.3.1. Global Precision Fermentation Market, by Yeast, by Region, 2018 - 2030 (USD Billion)
- 7.4. Algae
- 7.4.1. Global Precision Fermentation Market, by Algae, by Region, 2018 - 2030 (USD Billion)
- 7.5. Fungi
- 7.5.1. Global Precision Fermentation Market, by Fungi, by Region, 2018 - 2030 (USD Billion)
- 7.6. Bacteria
- 7.6.1. Global Precision Fermentation Market, by Bacteria, by Region, 2018 - 2030 (USD Billion)
- 8. Global Precision Fermentation Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Precision Fermentation Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 8.3. Precision Fermentation Market – North America
- 8.3.1. North America: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.3.2. North America: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.3.3. North America: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.3.4. Precision Fermentation Market – U.S.
- 8.3.4.1. U.S.: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.3.4.2. U.S.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.3.4.3. U.S.: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.3.5. Precision Fermentation Market – Canada
- 8.3.5.1. Canada: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.3.5.2. Canada.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.3.5.3. Canada: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.4. Precision Fermentation Market – Europe
- 8.4.1. Europe: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.2. Europe.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.4.3. Europe: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.4.4. Precision Fermentation Market – UK
- 8.4.4.1. UK: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.4.2. UK.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.4.4.3. UK: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.4.5. Precision Fermentation Market – France
- 8.4.5.1. France: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.5.2. France.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.4.5.3. France: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.4.6. Precision Fermentation Market – Germany
- 8.4.6.1. Germany: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.6.2. Germany.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.4.6.3. Germany: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.4.7. Precision Fermentation Market – Italy
- 8.4.7.1. Italy: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.7.2. Italy.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.4.7.3. Italy: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.4.8. Precision Fermentation Market – Spain
- 8.4.8.1. Spain: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.8.2. Spain.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.4.8.3. Spain: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.4.9. Precision Fermentation Market – Netherlands
- 8.4.9.1. Netherlands: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.9.2. Netherlands.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.4.9.3. Netherlands: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.4.10. Precision Fermentation Market – Russia
- 8.4.10.1. Russia: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.10.2. Russia.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.4.10.3. Russia: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.5. Precision Fermentation Market – Asia Pacific
- 8.5.1. Asia Pacific: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.2. Asia Pacific.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.5.3. Asia Pacific: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.5.4. Precision Fermentation Market – China
- 8.5.4.1. China: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.4.2. China.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.5.4.3. China: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.5.5. Precision Fermentation Market – India
- 8.5.5.1. India: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.5.2. India.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.5.5.3. India: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.5.6. Precision Fermentation Market – Malaysia
- 8.5.6.1. Malaysia: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.6.2. Malaysia.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.5.6.3. Malaysia: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.5.7. Precision Fermentation Market – Japan
- 8.5.7.1. Japan: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.7.2. Japan.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.5.7.3. Japan: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.5.8. Precision Fermentation Market – Indonesia
- 8.5.8.1. Indonesia: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.8.2. Indonesia.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.5.8.3. Indonesia: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.5.9. Precision Fermentation Market – South Korea
- 8.5.9.1. South Korea: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.9.2. South Korea.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.5.9.3. South Korea: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.6. Precision Fermentation Market – Middle East & Africa
- 8.6.1. Middle East & Africa: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.2. Middle East & Africa.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.6.3. Middle East & Africa: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.6.4. Precision Fermentation Market – Saudi Arabia
- 8.6.4.1. Saudi Arabia: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.6.4.3. Saudi Arabia: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.6.5. Precision Fermentation Market – UAE
- 8.6.5.1. UAE: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.5.2. UAE.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.6.5.3. UAE: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.6.6. Precision Fermentation Market – Israel
- 8.6.6.1. Israel: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.6.2. Israel.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.6.6.3. Israel: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.6.7. Precision Fermentation Market – South Africa
- 8.6.7.1. South Africa: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.7.2. South Africa.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.6.7.3. South Africa: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.7. Precision Fermentation Market – Latin America
- 8.7.1. Latin America: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.7.2. Latin America.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.7.3. Latin America: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.7.4. Precision Fermentation Market – Mexico
- 8.7.4.1. Mexico: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.7.4.2. Mexico.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.7.4.3. Mexico: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.7.5. Precision Fermentation Market – Brazil
- 8.7.5.1. Brazil: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.7.5.2. Brazil.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.7.5.3. Brazil: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 8.7.6. Precision Fermentation Market – Argentina
- 8.7.6.1. Argentina: Precision Fermentation Market, by Application, 2018 - 2030 (USD Billion)
- 8.7.6.2. Argentina.: Precision Fermentation Market, by Microbe, 2018 - 2030 (USD Billion)
- 8.7.6.3. Argentina: Precision Fermentation Market, by Ingredient, 2018 - 2030 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. Change Foods
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Geltor
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Helania Inc
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Formo
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. FUMI Ingredients
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Fybraworks Foods
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Imagindairy Ltd
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Eden Brew
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Impossible Foods Inc
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Melt & Marble
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Motif Foodworks, Inc
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Mycorena
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Myco Technology
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. New Culture
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Nourish Ingredients
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Perfect Day Inc
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. Remilk Ltd
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. Shiru Inc
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. The Every Co
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development
- 10.20. Triton Algae Innovations
- 10.20.1. Company Overview
- 10.20.2. Financial Performance
- 10.20.3. Product Benchmarking
- 10.20.4. Recent Development
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