Precision Fermentation Ingredient Market Report: Trends, Forecast and Competitive Analysis to 2030

Precision Fermentation Ingredient Trends and Forecast

The future of the global precision fermentation ingredient market looks promising with opportunities in the food & beverages, pharmaceutical, and cosmetics markets. The global precision fermentation ingredient market is expected to reach an estimated $31.2 billion by 2030 with a CAGR of 42.6% from 2024 to 2030. The major drivers for this market are increasing consumer demand for sustainable and ethically sourced ingredients, growing awareness towards health benefits, and on-going advancements in biotechnology and fermentation techniques.

A more than 150-page report is developed to help in your business decisions.

Precision Fermentation Ingredient by Segment

The study includes a forecast for the global precision fermentation ingredient by microbe, ingredients, end use, and region.

Precision Fermentation Ingredient Market by Microbe [Shipment Analysis by Value from 2018 to 2030]:

• Yeast
• Algae
• Fungi
• Bacteria

Precision Fermentation Ingredient Market by Ingredients [Shipment Analysis by Value from 2018 to 2030]:

• Whey & Casein Protein
• Egg White
• Collagen Protein
• Heme Protein
• Enzymes
• Others

Precision Fermentation Ingredient Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverages
• Pharmaceutical
• Cosmetics & Others

Precision Fermentation Ingredient Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Precision Fermentation Ingredient Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies precision fermentation ingredient companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the precision fermentation ingredient companies profiled in this report include-

• Geltor
• Perfect Day
• The Every
• Impossible Foods
• Motif FoodWorks
• Imagindairy
• Shiru

Precision Fermentation Ingredient Market Insights

Lucintel forecasts that fungi will remain the largest segment over the forecast period due to its application in research and laboratories.

Within this market, pharmaceutical is expected to witness the highest growth due to advancements in biotechnology.

North America will remain the largest region over the forecast period due to rising consumer awareness and growing consumption of healthy food ingredients.

Features of the Global Precision Fermentation Ingredient Market

Market Size Estimates: Precision fermentation ingredient market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Precision fermentation ingredient market size by microbe, ingredients, end use, and region in terms of value ($B).

Regional Analysis: Precision fermentation ingredient market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different microbes, ingredients, end uses, and regions for the precision fermentation ingredient market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the precision fermentation ingredient market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the precision fermentation ingredient market size?

Answer: The global precision fermentation ingredient market is expected to reach an estimated $31.2 billion by 2030.

Q2. What is the growth forecast for precision fermentation ingredient market?

Answer: The global precision fermentation ingredient market is expected to grow with a CAGR of 42.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the precision fermentation ingredient market?

Answer: The major drivers for this market are increasing consumer demand for sustainable and ethically sourced ingredients, growing awareness towards health benefits, and on-going advancements in biotechnology and fermentation techniques.

Q4. What are the major segments for precision fermentation ingredient market?

Answer: The future of the precision fermentation ingredient market looks promising with opportunities in the food & beverages, pharmaceutical, and cosmetics markets.

Q5. Who are the key precision fermentation ingredient market companies?

Answer: Some of the key precision fermentation ingredient companies are as follows.

• Geltor
• Perfect Day
• The Every
• Impossible Foods
• Motif FoodWorks
• Imagindairy
• Shiru

Q6. Which precision fermentation ingredient market segment will be the largest in future?

Answer: Lucintel forecasts that fungi will remain the largest segment over the forecast period due to its application in research and laboratories.

Q7. In precision fermentation ingredient market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising consumer awareness and growing consumption of healthy food ingredients.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the precision fermentation ingredient market by microbe (yeast, algae, fungi, and bacteria), ingredients (whey & casein protein, egg white, collagen protein, heme protein, enzymes, and others), end use (food & beverages, pharmaceutical, and cosmetics & others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?