The global microbial fermentation technology market size was exhibited at USD 31.98 billion in 2022 and is projected to hit around USD 56.73 billion by 2032, growing at a CAGR of 5.9% during the forecast period 2023 to 2032.
Key Pointers:
Microbial Fermentation Technology Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 3.87 Billion |
Market Size by 2032 | USD 56.73 Billion |
Growth Rate From 2023 to 2032 | CAGR of 5.9% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Application, End-user, |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Regional Scope | North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
Key Companies Profiled | Biocon Ltd.; BioVectra Inc.; Danone UK; F. Hoffmann-La Roche Ltd.; Koninklijke DSM NV; Lonza; Novozymes A/S; TerraVia Holdings, Inc.;BIOZEEN |
The factors such as increasing demand for biologics, development of innovative therapies based on smaller biologic drug substances, and advancements in microbial fermentation platforms/ technologies have driven the growth of the industry in recent years. In the past few years, the microbial fermentation space is witnessing an upsurge in demand owing to the exponential growth in the microbial biopharmaceutical industry. The advantages offered by microbial expression systems such as short-development timelines, higher expression levels, and less media cost as compared to mammalian cell culture have majorly contributed to the resurgence in interest in using microbial organisms in manufacturing processes. Overall, microbial fermentation technology offers higher yields, faster development, better scalability, reduced variation between batches along with lower production costs.
Amidst the COVID-19 pandemic, the microbial fermentation technology market was relatively less impacted. The surge in demand for various biologics resulted in growing attention toward microbial biotechnology. Market players involved in COVID-19 vaccine development and manufacturing have also relied on microbial expression systems for vaccine development. For instance, the Pfizer-BioNTech vaccine is based on bacterial fermentation for the production of DNA plasmids required for vaccine manufacturing.
Furthermore, increasing demand for microbial contract manufacturing services is anticipated to supplement the market growth. Currently, more than 115 industry participants are actively engaged in offering microbial fermentation services. Thus, the market is highly fragmented with the presence of well-established players such as AbbVie Contract Manufacturing, Lonza, and others. Such a high number of service providers in this market space are likely to spur market growth in the coming years.
Furthermore, yeasts are a commonly used eukaryotic host for the production of heterologous proteins and provide several advantages in the manufacturing of therapeutic recombinants. The use of yeast as a cell factory has various advantages, including simplicity of genetic manipulation, high cell density development, and post-translational modification possibilities. Thus, the rising focus of various research institutes and scientists on exploring the potential of yeast cells in therapeutic or clinical applications will expedite market growth in the near future.
Microbial Fermentation Technology Market Segmentation
By Application | By End-user |
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Chapter 1. Methodology and Scope
1.1. Information Procurement
1.2. Information or Data Analysis
1.3. Market Scope & Segment Definition
1.4. Market Model
1.4.1. Market Study, By Company Market Share
1.4.2. Regional Analysis
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Segmentation and Scope
3.2. Market Lineage Outlook
3.2.1. Parent Market Outlook
3.2.2. Related/Ancillary Market Outlook
3.3. Market Trends and Outlook
3.4. Market Dynamics
3.4.1. Increasing usage of fermentation technology-derived products among various industries
3.4.2. Rising research and development activities in different fields of fermentation technology
3.4.3. Exhausting fossil fuel reserves and rising gasoline prices
3.5. Market Restraint Analysis
3.5.1. Technological challenges associated with microbial fermentation
3.6. Penetration and Growth Prospect Mapping 2023
3.7. Business Environment Analysis
3.7.1. SWOT Analysis; By Factor (Political & Legal, Economic And Technological)
3.7.2. Porter’s Five Forces Analysis
3.8. COVID-19 Impact Analysis
Chapter 4. Application Business Analysis
4.1. Microbial Fermentation Technology Market: Product Movement Analysis
4.2. Antibiotics
4.2.1. Antibiotics Market, 2020 - 2032
4.3. Probiotics Supplements
4.3.1. Probiotics Supplements Market, 2020 - 2032
4.4. Monoclonal Antibodies
4.4.1. Monoclonal Antibodies Market, 2020 - 2032
4.5. Recombinant Proteins
4.5.1. Recombinant Proteins Market, 2020 - 2032
4.6. Biosimilars
4.6.1. Biosimilars Market, 2020 - 2032
4.7. Vaccines
4.7.1. Vaccines Market, 2020 - 2032
4.8. Enzymes
4.8.1. Enzymes Market, 2020 - 2032
4.9. Small Molecules
4.9.1. Small Molecules Market, 2020 - 2032
4.10. Others
4.10.1. Others Market, 2020 - 2032
Chapter 5. End-User Business Analysis
5.1. Microbial Fermentation Technology Market: End-User Movement Analysis
5.2. Biopharmaceutical Companies
5.2.1. Biopharmaceutical Companies Market, 2020 - 2032
5.3. Contract Research Organizations (CROs)
5.3.1. Contract Research Organizations (CROs) Market, 2020 - 2032
5.4. CMOs & CDMOs
5.4.1. CMOs & CDMOs Market, 2020 - 2032
5.5. Academic & Research Institutes
5.5.1. Academic & Research Institutes Market, 2020 - 2032
Chapter 6. Regional Business Analysis
6.1. Microbial Fermentation Technology Market Share By Region, 2023 & 2032
6.2. North America
6.2.1. SWOT Analysis
6.2.2. North America Microbial Fermentation Technology Market, 2020 - 2032
6.2.3. U.S.
6.2.3.1. Key Country Dynamics
6.2.3.2. Target Disease Prevalence
6.2.3.3. Competitive Scenario
6.2.3.4. Regulatory Framework
6.2.3.5. U.S. Microbial Fermentation Technology Market, 2020 - 2032
6.2.4. Canada
6.2.4.1. Key Country Dynamics
6.2.4.2. Target Disease Prevalence
6.2.4.3. Competitive Scenario
6.2.4.4. Regulatory Framework
6.2.4.5. Canada Microbial Fermentation Technology Market, 2020 - 2032
6.3. Europe
6.3.1. SWOT Analysis
6.3.2. Europe Microbial Fermentation Technology Market, 2020 - 2032
6.3.3. Germany
6.3.3.1. Key Country Dynamics
6.3.3.2. Target Disease Prevalence
6.3.3.3. Competitive Scenario
6.3.3.4. Regulatory Framework
6.3.3.5. Germany Microbial Fermentation Technology Market, 2020 - 2032
6.3.4. UK
6.3.4.1. Key Country Dynamics
6.3.4.2. Target Disease Prevalence
6.3.4.3. Competitive Scenario
6.3.4.4. Regulatory Framework
6.3.4.5. UK Microbial Fermentation Technology Market, 2020 - 2032
6.3.5. France
6.3.5.1. Key Country Dynamics
6.3.5.2. Target Disease Prevalence
6.3.5.3. Competitive Scenario
6.3.5.4. Regulatory Framework
6.3.5.5. France Microbial Fermentation Technology Market, 2020 - 2032
6.3.6. Italy
6.3.6.1. Key Country Dynamics
6.3.6.2. Target Disease Prevalence
6.3.6.3. Competitive Scenario
6.3.6.4. Regulatory Framework
6.3.6.5. Italy Microbial Fermentation Technology Market, 2020 - 2032
6.3.7. Spain
6.3.7.1. Key Country Dynamics
6.3.7.2. Target Disease Prevalence
6.3.7.3. Competitive Scenario
6.3.7.4. Regulatory Framework
6.3.7.5. Spain Microbial Fermentation Technology Market, 2020 - 2032
6.3.8. Denmark
6.3.8.1. Key Country Dynamics
6.3.8.2. Target Disease Prevalence
6.3.8.3. Competitive Scenario
6.3.8.4. Regulatory Framework
6.3.8.5. Denmark Microbial Fermentation Technology Market, 2020 - 2032
6.3.9. Sweden
6.3.9.1. Key Country Dynamics
6.3.9.2. Target Disease Prevalence
6.3.9.3. Competitive Scenario
6.3.9.4. Regulatory Framework
6.3.9.5. Sweden Microbial Fermentation Technology Market, 2020 - 2032
6.3.10. Norway
6.3.10.1. Key Country Dynamics
6.3.10.2. Target Disease Prevalence
6.3.10.3. Competitive Scenario
6.3.10.4. Regulatory Framework
6.3.10.5. Norway Microbial Fermentation Technology Market, 2020 - 2032
6.4. Asia Pacific
6.4.1. SWOT Analysis
6.4.2. Asia Pacific Microbial Fermentation Technology Market, 2020 - 2032
6.4.3. Japan
6.4.3.1. Key Country Dynamics
6.4.3.2. Target Disease Prevalence
6.4.3.3. Competitive Scenario
6.4.3.4. Regulatory Framework
6.4.3.5. Japan Microbial Fermentation Technology Market, 2020 - 2032
6.4.4. China
6.4.4.1. Key Country Dynamics
6.4.4.2. Target Disease Prevalence
6.4.4.3. Competitive Scenario
6.4.4.4. Regulatory Framework
6.4.4.5. China Microbial Fermentation Technology Market, 2020 - 2032
6.4.5. India
6.4.5.1. Key Country Dynamics
6.4.5.2. Target Disease Prevalence
6.4.5.3. Competitive Scenario
6.4.5.4. Regulatory Framework
6.4.5.5. India Microbial Fermentation Technology Market, 2020 - 2032
6.4.6. South Korea
6.4.6.1. Key Country Dynamics
6.4.6.2. Target Disease Prevalence
6.4.6.3. Competitive Scenario
6.4.6.4. Regulatory Framework
6.4.6.5. South Korea Microbial Fermentation Technology Market, 2020 - 2032
6.4.7. Australia
6.4.7.1. Key Country Dynamics
6.4.7.2. Target Disease Prevalence
6.4.7.3. Competitive Scenario
6.4.7.4. Regulatory Framework
6.4.7.5. Australia Microbial Fermentation Technology Market, 2020 - 2032
6.4.8. Thailand
6.4.8.1. Key Country Dynamics
6.4.8.2. Target Disease Prevalence
6.4.8.3. Competitive Scenario
6.4.8.4. Regulatory Framework
6.4.8.5. Thailand Microbial Fermentation Technology Market, 2020 - 2032
6.5. Latin America
6.5.1. SWOT Analysis
6.5.2. Latin America Microbial Fermentation Technology Market, 2020 - 2032
6.5.3. Brazil
6.5.3.1. Key Country Dynamics
6.5.3.2. Target Disease Prevalence
6.5.3.3. Competitive Scenario
6.5.3.4. Regulatory Framework
6.5.3.5. Brazil Microbial Fermentation Technology Market, 2020 - 2032
6.5.4. Mexico
6.5.4.1. Key Country Dynamics
6.5.4.2. Target Disease Prevalence
6.5.4.3. Competitive Scenario
6.5.4.4. Regulatory Framework
6.5.4.5. Mexico Microbial Fermentation Technology Market, 2020 - 2032
6.5.5. Argentina
6.5.5.1. Key Country Dynamics
6.5.5.2. Target Disease Prevalence
6.5.5.3. Competitive Scenario
6.5.5.4. Regulatory Framework
6.5.5.5. Argentina Microbial Fermentation Technology Market, 2020 - 2032
6.6. MEA
6.6.1. SWOT Analysis
6.6.2. MEA Microbial Fermentation Technology Market, 2020 - 2032
6.6.3. South Africa
6.6.3.1. Key Country Dynamics
6.6.3.2. Target Disease Prevalence
6.6.3.3. Competitive Scenario
6.6.3.4. Regulatory Framework
6.6.3.5. South Africa Microbial Fermentation Technology Market, 2020 - 2032
6.6.4. Saudi Arabia
6.6.4.1. Key Country Dynamics
6.6.4.2. Target Disease Prevalence
6.6.4.3. Competitive Scenario
6.6.4.4. Regulatory Framework
6.6.4.5. Saudi Arabia Microbial Fermentation Technology Market, 2020 - 2032
6.6.5. UAE
6.6.5.1. Key Country Dynamics
6.6.5.2. Target Disease Prevalence
6.6.5.3. Competitive Scenario
6.6.5.4. Regulatory Framework
6.6.5.5. UAE Microbial Fermentation Technology Market, 2020 - 2032
6.6.6. Kuwait
6.6.6.1. Key Country Dynamics
6.6.6.2. Target Disease Prevalence
6.6.6.3. Competitive Scenario
6.6.6.4. Regulatory Framework
6.6.6.5. Kuwait Microbial Fermentation Technology Market, 2020 - 2032
Chapter 7. Competitive Landscape
7.1. Company Categorization
7.2. Company Market Share Analysis, 2023
7.3. Strategy Mapping
7.3.1. Expansion
7.3.2. Acquisition
7.3.3. Collaborations
7.3.4. Product/Therapeutic Area Launch
7.3.5. Partnerships
7.3.6. Others
7.4. Participant’s overview
7.4.1. Biocon Ltd.
7.4.1.1. Overview
7.4.1.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.1.3. Product Benchmarking
7.4.1.4. Strategic Initiatives
7.4.2. BioVectra Inc.
7.4.2.1. Overview
7.4.2.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.2.3. Product Benchmarking
7.4.2.4. Strategic Initiatives
7.4.3. Danone UK
7.4.3.1. Overview
7.4.3.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.3.3. Product Benchmarking
7.4.3.4. Strategic Initiatives
7.4.4. F. Hoffmann-La Roche AG
7.4.4.1. Overview
7.4.4.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.4.3. Product Benchmarking
7.4.4.4. Strategic Initiatives
7.4.5. Koninklijke DSM NV
7.4.5.1. Overview
7.4.5.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.5.3. Product Benchmarking
7.4.5.4. Strategic Initiatives
7.4.6. Lonza
7.4.6.1. Overview
7.4.6.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.6.3. Product Benchmarking
7.4.6.4. Strategic Initiatives
7.4.7. Novozymes A/S
7.4.7.1. Overview
7.4.7.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.7.3. Product Benchmarking
7.4.7.4. Strategic Initiatives
7.4.8. TerraVia Holdings, Inc.
7.4.8.1. Overview
7.4.8.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.8.3. Product Benchmarking
7.4.8.4. Strategic Initiatives
7.4.9. BIOZEEN
7.4.9.1. Overview
7.4.9.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
7.4.9.3. Product Benchmarking
7.4.9.4. Strategic Initiatives