Precision Fermentation Market, By Ingredient, By Microbe, By Application, By Geography

Description

The Precision Fermentation Market is estimated to be valued at USD 4.21 Bn in 2024 and is expected to reach USD 45.80 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 40.6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 4.21 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	40.60%	2031 Value Projection:	US$ 45.80 Bn

Figure 1. Precision Fermentation Market Share (%), By Region, 2024

Precision fermentation is a form of cellular agriculture that utilizes fermentation processes to produce foods, ingredients, and materials in a sustainable way. It involves the cultivation of microorganisms like yeast and bacteria in bioreactors to synthesize proteins, fats, flavors, and other compounds. By leveraging advanced molecular biology techniques, precision fermentation allows manufacturing desired compounds with enhanced nutritional profiles, lowered environmental impacts and reduced costs compared to traditional agriculture. Several startups are developing technologies to produce seafood, dairy, and egg alternatives using precision fermentation that mimics the taste, texture, and other attributes of animal-based products. This evolving field promises to revolutionize the future of foods.

Market Dynamics:

The precision fermentation market growth is driven by the growing demand for sustainable and alternative protein sources. Conventional meat and dairy production places considerable strain on land and water resources. Precision fermentation helps address these challenges by producing products in controlled industrial fermenters using fewer natural resources. For example, brewer's yeast can be engineered to secrete cow's milk proteins instead of alcohol. The market also benefits from favorable regulations supporting cellular agriculture innovations. However, high capital costs and the need for larger production volumes to achieve economies of scale remain key restraints. Meanwhile, continuous R&D expanding the range of fermented ingredients offers new opportunities.

Key Features of the Study:

This report provides an in-depth analysis of the global precision fermentation market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global precision fermentation market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study 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., Triton Algae Innovations.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global precision fermentation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Ingredient:
- Whey & Casein Protein
- Egg White
- Collagen Protein
- Heme Protein
- Enzymes
- Others
Microbe:
- Yeast
- Algae
- Fungi
- Bacteria
- Others
Application:
- Meat & Seafood
- Dairy Alternatives
- Egg Alternatives
- Others
Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- 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.
- Triton Algae Innovations

Product Code: CMI6839

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Ingredient
- Market Snippet, By Microbe
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

4. Global Precision Fermentation Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Precision Fermentation Market - COVID-19
Impact Analysis

5. Global Precision Fermentation Market, By Ingredient, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Whey & Casein Protein
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Egg White
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Collagen Protein
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Heme Protein
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Enzymes
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Precision Fermentation Market, By Microbe, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Yeast
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Algae
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Fungi
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Bacteria
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Precision Fermentation Market, By Application, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Meat & Seafood
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Dairy Alternatives
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Egg Alternatives
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Precision Fermentation Market, By Region, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Ingredient, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Microbe, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
U.S.
Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Ingredient, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Microbe, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Ingredient, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Microbe, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Ingredient, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Microbe, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Ingredient, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Microbe, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Sub-regions/Countries
GCC Countries
Israel
Rest of Middle East & Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Change Foods
Company Overview
Ingredient Portfolio
Recent Developments/Updates
- 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.
- Triton Algae Innovations

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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