The Latin America, Middle East and Africa Precision Fermentation Market would witness market growth of 45.6% CAGR during the forecast period (2022-2028).
In the case of a protein target, the DNA of the host organism contains the instructions for producing the protein, either as naturally occurring genes or as genes that have been artificially inserted. Both engineered as well as non-engineered methods may be viable, depending on the aim. For instance, Impossible Foods engineers a yeast host strain to accommodate the soy leghemoglobin protein for effective and scalable production. However, Triton Algae Innovations, a microalgae company, is selling heme proteins that are inherent to its algal strains without the use of engineering.
Direct encoding of non-protein targets' synthesis cannot occur in the host's DNA. Instead, a number of enzymes that make up the biosynthetic pathway for creating the target compounds are encoded by the genome. The fatty acids DHA and EPA, for instance, are the intended molecules for algal omega-3 production, but the recipe for making these fatty acids is made up of a number of gene-encoded enzymes that transform precursor fatty acids into these desired fatty acids inside the cell. Depending on the precise aim and the chosen host organism, compounds like lipids or flavoring molecules can be synthesized in microbial hosts both with or without the utilization of engineering techniques.
The demand for precision fermentation process is being majorly propelled in recent years across the food and beverages industry. In addition, the growth of the precision fermentation market is estimated to be fueled by the rapidly increasing awareness and health consciousness in people all over the world as well as an increasing number of vegan customers. Hence the market is anticipated to flourish in the coming years.
South Africa has a very robust agriculture sector, which is one of the factors driving the adoption of the precision fermentation approach in this region. One of the most diverse agricultural sectors in the world, South Africa's agriculture includes extensive and intensive corporate and private crop farming systems that produce grains, vegetables, fruits, nuts, and other produce. The foundation of South Africa's agricultural economy is its well-established commercial farming sector, which in 2020 registered the strongest growth rate of all economic sectors at 13.1%. Climate. The subtropical to the Mediterranean range of South Africa's climate offers a wide variety of farming opportunities.
The Brazil market dominated the LAMEA Precision Fermentation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $201.9 million by 2028.The Argentina market is experiencing a CAGR of 46.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 45.2% during (2022 - 2028).
Based on Microbe, the market is segmented into Yeast, Fungi, Algae and Bacteria. Based on Application, the market is segmented into Dairy Alternatives, Meat & Seafood, Egg Alternatives and Others. Based on Ingredient, the market is segmented into Enzymes, Heme Protein, Egg White, Collagen Protein, Whey & Casein Protein and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Precision Fermentation Market is Predict to reach $11.8 Billion by 2028, at a CAGR of 41.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Motif FoodWorks, Inc., Perfect Day, Inc., Geltor, Inc., Nourish Ingredients Pty Ltd., The Every Company, Impossible Foods, Inc., Shiru, Inc., Mycorena AB, Remilk Ltd., and Triton Algae Innovations, Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Microbe
By Application
- Dairy Alternatives
- Meat & Seafood
- Egg Alternatives
- Others
By Ingredient
- Enzymes
- Heme Protein
- Egg White
- Collagen Protein
- Whey & Casein Protein
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Motif FoodWorks, Inc.
- Perfect Day, Inc.
- Geltor, Inc.
- Nourish Ingredients Pty Ltd.
- The EVERY Company
- Impossible Foods, Inc.
- Shiru, Inc.
- Mycorena AB
- Remilk Ltd.
- Triton Algae Innovations, Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Precision Fermentation Market, by Microbe
1.4.2 LAMEA Precision Fermentation Market, by Application
1.4.3 LAMEA Precision Fermentation Market, by Ingredient
1.4.4 LAMEA Precision Fermentation Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Precision Fermentation Market
Chapter 4. LAMEA Precision Fermentation Market by Microbe
4.1 LAMEA Yeast Market by Country
4.2 LAMEA Fungi Market by Country
4.3 LAMEA Algae Market by Country
4.4 LAMEA Bacteria Market by Country
Chapter 5. LAMEA Precision Fermentation Market by Application
5.1 LAMEA Dairy Alternatives Market by Country
5.2 LAMEA Meat & Seafood Market by Country
5.3 LAMEA Egg Alternatives Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Precision Fermentation Market by Ingredient
6.1 LAMEA Enzymes Market by Country
6.2 LAMEA Heme Protein Market by Country
6.3 LAMEA Egg White Market by Country
6.4 LAMEA Collagen Protein Market by Country
6.5 LAMEA Whey & Casein Protein Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Precision Fermentation Market by Country
7.1 Brazil Precision Fermentation Market
7.1.1 Brazil Precision Fermentation Market by Microbe
7.1.2 Brazil Precision Fermentation Market by Application
7.1.3 Brazil Precision Fermentation Market by Ingredient
7.2 Argentina Precision Fermentation Market
7.2.1 Argentina Precision Fermentation Market by Microbe
7.2.2 Argentina Precision Fermentation Market by Application
7.2.3 Argentina Precision Fermentation Market by Ingredient
7.3 UAE Precision Fermentation Market
7.3.1 UAE Precision Fermentation Market by Microbe
7.3.2 UAE Precision Fermentation Market by Application
7.3.3 UAE Precision Fermentation Market by Ingredient
7.4 Saudi Arabia Precision Fermentation Market
7.4.1 Saudi Arabia Precision Fermentation Market by Microbe
7.4.2 Saudi Arabia Precision Fermentation Market by Application
7.4.3 Saudi Arabia Precision Fermentation Market by Ingredient
7.5 South Africa Precision Fermentation Market
7.5.1 South Africa Precision Fermentation Market by Microbe
7.5.2 South Africa Precision Fermentation Market by Application
7.5.3 South Africa Precision Fermentation Market by Ingredient
7.6 Nigeria Precision Fermentation Market
7.6.1 Nigeria Precision Fermentation Market by Microbe
7.6.2 Nigeria Precision Fermentation Market by Application
7.6.3 Nigeria Precision Fermentation Market by Ingredient
7.7 Rest of LAMEA Precision Fermentation Market
7.7.1 Rest of LAMEA Precision Fermentation Market by Microbe
7.7.2 Rest of LAMEA Precision Fermentation Market by Application
7.7.3 Rest of LAMEA Precision Fermentation Market by Ingredient
Chapter 8. Company Profiles
8.1 Motif FoodWorks, Inc.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.2.2 Product Launches and Product Expansions:
8.2 Perfect Day, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 Geltor, Inc.
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Product Launches and Product Expansions:
8.4 Nourish Ingredients Pty Ltd.
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.5 The EVERY Company
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.6 Impossible Foods, Inc.
8.6.1 Company Overview
8.7 Shiru, Inc.
8.7.1 Company Overview
8.8 Mycorena AB
8.8.1 Company Overview
8.9 Remilk Ltd.
8.9.1 Company Overview
8.10. Triton Algae Innovations, Ltd.
8.10.1 Company Overview
TABLE 1 LAMEA Precision Fermentation Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Precision Fermentation Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Precision Fermentation Market by Microbe, 2018 - 2021, USD Million
TABLE 4 LAMEA Precision Fermentation Market by Microbe, 2022 - 2028, USD Million
TABLE 5 LAMEA Yeast Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Yeast Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Fungi Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Fungi Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Algae Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Algae Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Bacteria Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Bacteria Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Precision Fermentation Market by Application, 2018 - 2021, USD Million
TABLE 14 LAMEA Precision Fermentation Market by Application, 2022 - 2028, USD Million
TABLE 15 LAMEA Dairy Alternatives Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Dairy Alternatives Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Meat & Seafood Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Meat & Seafood Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Egg Alternatives Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Egg Alternatives Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Precision Fermentation Market by Ingredient, 2018 - 2021, USD Million
TABLE 24 LAMEA Precision Fermentation Market by Ingredient, 2022 - 2028, USD Million
TABLE 25 LAMEA Enzymes Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Enzymes Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Heme Protein Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Heme Protein Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Egg White Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Egg White Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Collagen Protein Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Collagen Protein Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Whey & Casein Protein Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Whey & Casein Protein Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Precision Fermentation Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Precision Fermentation Market by Country, 2022 - 2028, USD Million
TABLE 39 Brazil Precision Fermentation Market, 2018 - 2021, USD Million
TABLE 40 Brazil Precision Fermentation Market, 2022 - 2028, USD Million
TABLE 41 Brazil Precision Fermentation Market by Microbe, 2018 - 2021, USD Million
TABLE 42 Brazil Precision Fermentation Market by Microbe, 2022 - 2028, USD Million
TABLE 43 Brazil Precision Fermentation Market by Application, 2018 - 2021, USD Million
TABLE 44 Brazil Precision Fermentation Market by Application, 2022 - 2028, USD Million
TABLE 45 Brazil Precision Fermentation Market by Ingredient, 2018 - 2021, USD Million
TABLE 46 Brazil Precision Fermentation Market by Ingredient, 2022 - 2028, USD Million
TABLE 47 Argentina Precision Fermentation Market, 2018 - 2021, USD Million
TABLE 48 Argentina Precision Fermentation Market, 2022 - 2028, USD Million
TABLE 49 Argentina Precision Fermentation Market by Microbe, 2018 - 2021, USD Million
TABLE 50 Argentina Precision Fermentation Market by Microbe, 2022 - 2028, USD Million
TABLE 51 Argentina Precision Fermentation Market by Application, 2018 - 2021, USD Million
TABLE 52 Argentina Precision Fermentation Market by Application, 2022 - 2028, USD Million
TABLE 53 Argentina Precision Fermentation Market by Ingredient, 2018 - 2021, USD Million
TABLE 54 Argentina Precision Fermentation Market by Ingredient, 2022 - 2028, USD Million
TABLE 55 UAE Precision Fermentation Market, 2018 - 2021, USD Million
TABLE 56 UAE Precision Fermentation Market, 2022 - 2028, USD Million
TABLE 57 UAE Precision Fermentation Market by Microbe, 2018 - 2021, USD Million
TABLE 58 UAE Precision Fermentation Market by Microbe, 2022 - 2028, USD Million
TABLE 59 UAE Precision Fermentation Market by Application, 2018 - 2021, USD Million
TABLE 60 UAE Precision Fermentation Market by Application, 2022 - 2028, USD Million
TABLE 61 UAE Precision Fermentation Market by Ingredient, 2018 - 2021, USD Million
TABLE 62 UAE Precision Fermentation Market by Ingredient, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Precision Fermentation Market, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Precision Fermentation Market, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Precision Fermentation Market by Microbe, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Precision Fermentation Market by Microbe, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Precision Fermentation Market by Application, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Precision Fermentation Market by Application, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Precision Fermentation Market by Ingredient, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Precision Fermentation Market by Ingredient, 2022 - 2028, USD Million
TABLE 71 South Africa Precision Fermentation Market, 2018 - 2021, USD Million
TABLE 72 South Africa Precision Fermentation Market, 2022 - 2028, USD Million
TABLE 73 South Africa Precision Fermentation Market by Microbe, 2018 - 2021, USD Million
TABLE 74 South Africa Precision Fermentation Market by Microbe, 2022 - 2028, USD Million
TABLE 75 South Africa Precision Fermentation Market by Application, 2018 - 2021, USD Million
TABLE 76 South Africa Precision Fermentation Market by Application, 2022 - 2028, USD Million
TABLE 77 South Africa Precision Fermentation Market by Ingredient, 2018 - 2021, USD Million
TABLE 78 South Africa Precision Fermentation Market by Ingredient, 2022 - 2028, USD Million
TABLE 79 Nigeria Precision Fermentation Market, 2018 - 2021, USD Million
TABLE 80 Nigeria Precision Fermentation Market, 2022 - 2028, USD Million
TABLE 81 Nigeria Precision Fermentation Market by Microbe, 2018 - 2021, USD Million
TABLE 82 Nigeria Precision Fermentation Market by Microbe, 2022 - 2028, USD Million
TABLE 83 Nigeria Precision Fermentation Market by Application, 2018 - 2021, USD Million
TABLE 84 Nigeria Precision Fermentation Market by Application, 2022 - 2028, USD Million
TABLE 85 Nigeria Precision Fermentation Market by Ingredient, 2018 - 2021, USD Million
TABLE 86 Nigeria Precision Fermentation Market by Ingredient, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Precision Fermentation Market, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Precision Fermentation Market, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Precision Fermentation Market by Microbe, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Precision Fermentation Market by Microbe, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Precision Fermentation Market by Application, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Precision Fermentation Market by Application, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Precision Fermentation Market by Ingredient, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Precision Fermentation Market by Ingredient, 2022 - 2028, USD Million
TABLE 95 Key Information – Motif FoodWorks, Inc.
TABLE 96 Key Information – Perfect Day, Inc.
TABLE 97 Key Information – Geltor, Inc.
TABLE 98 Key Information – Nourish Ingredients Pty Ltd.
TABLE 99 Key Information – The EVERY Company
TABLE 100 Key Information – IMpossible Foods, Inc.
TABLE 101 Key Information – Shiru, Inc.
TABLE 102 Key Information – Mycorena AB
TABLE 103 Key Information – Remilk Ltd.
TABLE 104 Key Information – Triton Algae Innovations, Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Motif FoodWorks, Inc.