The North America Precision Fermentation Ingredients Market would witness market growth of 43.0% CAGR during the forecast period (2023-2030).
Precision fermentation is a technique for producing insulin, vitamins, enzymes, and milk proteins, including casein, whey, and other functional compounds. Precision fermentation is the process of employing microorganisms as cell factories to produce useful substances. The increasing consumption of livestock and products derived from animals raises environmental concerns. The production of foods derived from animals generates a substantial quantity of greenhouse gases, such as carbon dioxide (CO2) and methane, which contribute to the degradation of air quality.
Precision fermentation refers to using microorganisms, such as bacteria, fungi, and yeast, to manufacture various products, such as food, beverages, and pharmaceuticals, and using advanced biotechnology tools, such as genetic engineering, to design and optimize microbial strains for specific applications.
Precision fermentation is the use of microorganisms to produce complex organic compounds. A novel food technology is being introduced to the market. Precision fermentation employs microbial hosts as "cell factories" for making specialized functional components with higher purity standards than primary protein constituents, which are integrated in smaller quantities. Typically, these ingredients require a higher purity level than the primary protein constituents and are added at much lower concentrations. These functional ingredients can enhance the sensory and functional qualities of plant-based products and farmed livestock. Enzymes, flavoring agents, vitamins, natural pigments, and lipids can be produced through controlled fermentation.
According to the National Institute of Standards and Technology (NIST), the food and beverage sector of the region is rapidly expanding in the United States. According to the NIST, the food and beverage sector is the third-largest contributor to the overall manufacturing gross domestic product in the United States. The Food Safety Modernization Act compliance, adopting sustainable packaging and production methods, technological developments, and other issues are only a few of the difficulties faced by the food manufacturing industry. Also, as the region's people have high spendable income, the demand for a luxury lifestyle is increasing. Thus, the hospitality sector in the region is expanding, resulting in regional market growth for the market.
The US market dominated the North America Precision Fermentation Ingredients Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,469.1 million by 2030. The Canada market is experiencing a CAGR of 46.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 44.9% during (2023 - 2030).
Based on Ingredients, the market is segmented into Egg White, Collagen Protein, Whey & Casein Protein, Heme Protein, Enzymes, and Others. Based on Microbe, the market is segmented into Yeast, Fungi, Bacteria, and Algae. Based on End Use, the market is segmented into Food & Beverages (Dairy Alternatives, Meat & Seafood, Egg Alternatives, and Others), Pharmaceutical, and Cosmetics & Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Precision Fermentation Ingredients Market is Predict to reach $35.1 Billion by 2030, at a CAGR of 43.9%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Geltor, Inc., Motif FoodWorks, Inc., Shiru, Inc., Impossible Foods Inc., Perfect Day, Inc., The Every Company, Imagindairy Ltd., New Culture Inc., Eden Brew Pty Ltd and Helaina Inc.
By Ingredients
- Egg White
- Collagen Protein
- Whey & Casein Protein
- Heme Protein
- Enzymes
- Others
By Microbe
By End Use
- Food & Beverages
- Dairy Alternatives
- Meat & Seafood
- Egg Alternatives
- Others
- Pharmaceutical
- Cosmetics & Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Geltor, Inc.
- Motif FoodWorks, Inc.
- Shiru, Inc.
- Impossible Foods Inc.
- Perfect Day, Inc.
- The Every Company
- Imagindairy Ltd.
- New Culture Inc.
- Eden Brew Pty Ltd
- Helaina Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Precision Fermentation Ingredients Market, by Ingredients
1.4.2 North America Precision Fermentation Ingredients Market, by Microbe
1.4.3 North America Precision Fermentation Ingredients Market, by End Use
1.4.4 North America Precision Fermentation Ingredients Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Precision Fermentation Ingredients Market
Chapter 5. North America Precision Fermentation Ingredients Market, By Ingredients
5.1 North America Egg White Market, By Country
5.2 North America Collagen Protein Market, By Country
5.3 North America Whey & Casein Protein Market, By Country
5.4 North America Heme Protein Market, By Country
5.5 North America Enzymes Market, By Country
5.6 North America Others Market, By Country
Chapter 6. North America Precision Fermentation Ingredients Market, By Microbe
6.1 North America Yeast Market, By Country
6.2 North America Fungi Market, By Country
6.3 North America Bacteria Market, By Country
6.4 North America Algae Market, By Country
Chapter 7. North America Precision Fermentation Ingredients Market, By End Use
7.1 North America Food & Beverages Market, By Country
7.2 North America Precision Fermentation Ingredients Market, By Food & Beverages Type
7.2.1 North America Dairy Alternatives Market, By Country
7.2.2 North America Meat & Seafood Market, By Country
7.2.3 North America Egg Alternatives Market, By Country
7.2.4 North America Others Market, By Country
7.3 North America Pharmaceutical Market, By Country
7.4 North America Cosmetics & Others Market, By Country
Chapter 8. North America Precision Fermentation Ingredients Market, By Country
8.1 US Precision Fermentation Ingredients Market
8.1.1 US Precision Fermentation Ingredients Market, By Ingredients
8.1.2 US Precision Fermentation Ingredients Market, By Microbe
8.1.3 US Precision Fermentation Ingredients Market, By End Use
8.1.3.1 US Precision Fermentation Ingredients Market, By Food & Beverages Type
8.2 Canada Precision Fermentation Ingredients Market
8.2.1 Canada Precision Fermentation Ingredients Market, By Ingredients
8.2.2 Canada Precision Fermentation Ingredients Market, By Microbe
8.2.3 Canada Precision Fermentation Ingredients Market, By End Use
8.2.3.1 Canada Precision Fermentation Ingredients Market, By Food & Beverages Type
8.3 Mexico Precision Fermentation Ingredients Market
8.3.1 Mexico Precision Fermentation Ingredients Market, By Ingredients
8.3.2 Mexico Precision Fermentation Ingredients Market, By Microbe
8.3.3 Mexico Precision Fermentation Ingredients Market, By End Use
8.3.3.1 Mexico Precision Fermentation Ingredients Market, By Food & Beverages Type
8.4 Rest of North America Precision Fermentation Ingredients Market
8.4.1 Rest of North America Precision Fermentation Ingredients Market, By Ingredients
8.4.2 Rest of North America Precision Fermentation Ingredients Market, By Microbe
8.4.3 Rest of North America Precision Fermentation Ingredients Market, By End Use
8.4.3.1 Rest of North America Precision Fermentation Ingredients Market, By Food & Beverages Type
Chapter 9. Company Profiles
9.1 Geltor, Inc.
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Product Launches and Product Expansions:
9.1.3 SWOT Analysis
9.2 Motif FoodWorks, Inc.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.3 SWOT Analysis
9.3 Shiru, Inc.
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Partnerships, Collaborations, and Agreements:
9.3.2.2 Product Launches and Product Expansions:
9.3.3 SWOT Analysis
9.4 Impossible Foods, Inc.
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.5 Perfect Day, Inc. (The Urgent Company, Inc.)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.2.2 Acquisition and Mergers:
9.5.3 SWOT Analysis
9.6 The Every Company
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.3 SWOT Analysis
9.7 Imagindairy Ltd.
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 New Culture Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.8.3 SWOT Analysis
9.9 Eden Brew Pty Ltd
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Helaina Inc.
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 North America Precision Fermentation Ingredients Market, 2019 - 2022, USD Million
TABLE 2 North America Precision Fermentation Ingredients Market, 2023 - 2030, USD Million
TABLE 3 North America Precision Fermentation Ingredients Market, By Ingredients, 2019 - 2022, USD Million
TABLE 4 North America Precision Fermentation Ingredients Market, By Ingredients, 2023 - 2030, USD Million
TABLE 5 North America Egg White Market, By Country, 2019 - 2022, USD Million
TABLE 6 North America Egg White Market, By Country, 2023 - 2030, USD Million
TABLE 7 North America Collagen Protein Market, By Country, 2019 - 2022, USD Million
TABLE 8 North America Collagen Protein Market, By Country, 2023 - 2030, USD Million
TABLE 9 North America Whey & Casein Protein Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Whey & Casein Protein Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Heme Protein Market, By Country, 2019 - 2022, USD Million
TABLE 12 North America Heme Protein Market, By Country, 2023 - 2030, USD Million
TABLE 13 North America Enzymes Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Enzymes Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 16 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 17 North America Precision Fermentation Ingredients Market, By Microbe, 2019 - 2022, USD Million
TABLE 18 North America Precision Fermentation Ingredients Market, By Microbe, 2023 - 2030, USD Million
TABLE 19 North America Yeast Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America Yeast Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Fungi Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Fungi Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Bacteria Market, By Country, 2019 - 2022, USD Million
TABLE 24 North America Bacteria Market, By Country, 2023 - 2030, USD Million
TABLE 25 North America Algae Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Algae Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Precision Fermentation Ingredients Market, By End Use, 2019 - 2022, USD Million
TABLE 28 North America Precision Fermentation Ingredients Market, By End Use, 2023 - 2030, USD Million
TABLE 29 North America Food & Beverages Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Food & Beverages Market, By Country, 2023 - 2030, USD Million
TABLE 31 North America Precision Fermentation Ingredients Market, By Food & Beverages Type, 2019 - 2022, USD Million
TABLE 32 North America Precision Fermentation Ingredients Market, By Food & Beverages Type, 2023 - 2030, USD Million
TABLE 33 North America Dairy Alternatives Market, By Country, 2019 - 2022, USD Million
TABLE 34 North America Dairy Alternatives Market, By Country, 2023 - 2030, USD Million
TABLE 35 North America Meat & Seafood Market, By Country, 2019 - 2022, USD Million
TABLE 36 North America Meat & Seafood Market, By Country, 2023 - 2030, USD Million
TABLE 37 North America Egg Alternatives Market, By Country, 2019 - 2022, USD Million
TABLE 38 North America Egg Alternatives Market, By Country, 2023 - 2030, USD Million
TABLE 39 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 40 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 41 North America Pharmaceutical Market, By Country, 2019 - 2022, USD Million
TABLE 42 North America Pharmaceutical Market, By Country, 2023 - 2030, USD Million
TABLE 43 North America Cosmetics & Others Market, By Country, 2019 - 2022, USD Million
TABLE 44 North America Cosmetics & Others Market, By Country, 2023 - 2030, USD Million
TABLE 45 North America Precision Fermentation Ingredients Market, By Country, 2019 - 2022, USD Million
TABLE 46 North America Precision Fermentation Ingredients Market, By Country, 2023 - 2030, USD Million
TABLE 47 US Precision Fermentation Ingredients Market, 2019 - 2022, USD Million
TABLE 48 US Precision Fermentation Ingredients Market, 2023 - 2030, USD Million
TABLE 49 US Precision Fermentation Ingredients Market, By Ingredients, 2019 - 2022, USD Million
TABLE 50 US Precision Fermentation Ingredients Market, By Ingredients, 2023 - 2030, USD Million
TABLE 51 US Precision Fermentation Ingredients Market, By Microbe, 2019 - 2022, USD Million
TABLE 52 US Precision Fermentation Ingredients Market, By Microbe, 2023 - 2030, USD Million
TABLE 53 US Precision Fermentation Ingredients Market, By End Use, 2019 - 2022, USD Million
TABLE 54 US Precision Fermentation Ingredients Market, By End Use, 2023 - 2030, USD Million
TABLE 55 US Precision Fermentation Ingredients Market, By Food & Beverages Type, 2019 - 2022, USD Million
TABLE 56 US Precision Fermentation Ingredients Market, By Food & Beverages Type, 2023 - 2030, USD Million
TABLE 57 Canada Precision Fermentation Ingredients Market, 2019 - 2022, USD Million
TABLE 58 Canada Precision Fermentation Ingredients Market, 2023 - 2030, USD Million
TABLE 59 Canada Precision Fermentation Ingredients Market, By Ingredients, 2019 - 2022, USD Million
TABLE 60 Canada Precision Fermentation Ingredients Market, By Ingredients, 2023 - 2030, USD Million
TABLE 61 Canada Precision Fermentation Ingredients Market, By Microbe, 2019 - 2022, USD Million
TABLE 62 Canada Precision Fermentation Ingredients Market, By Microbe, 2023 - 2030, USD Million
TABLE 63 Canada Precision Fermentation Ingredients Market, By End Use, 2019 - 2022, USD Million
TABLE 64 Canada Precision Fermentation Ingredients Market, By End Use, 2023 - 2030, USD Million
TABLE 65 Canada Precision Fermentation Ingredients Market, By Food & Beverages Type, 2019 - 2022, USD Million
TABLE 66 Canada Precision Fermentation Ingredients Market, By Food & Beverages Type, 2023 - 2030, USD Million
TABLE 67 Mexico Precision Fermentation Ingredients Market, 2019 - 2022, USD Million
TABLE 68 Mexico Precision Fermentation Ingredients Market, 2023 - 2030, USD Million
TABLE 69 Mexico Precision Fermentation Ingredients Market, By Ingredients, 2019 - 2022, USD Million
TABLE 70 Mexico Precision Fermentation Ingredients Market, By Ingredients, 2023 - 2030, USD Million
TABLE 71 Mexico Precision Fermentation Ingredients Market, By Microbe, 2019 - 2022, USD Million
TABLE 72 Mexico Precision Fermentation Ingredients Market, By Microbe, 2023 - 2030, USD Million
TABLE 73 Mexico Precision Fermentation Ingredients Market, By End Use, 2019 - 2022, USD Million
TABLE 74 Mexico Precision Fermentation Ingredients Market, By End Use, 2023 - 2030, USD Million
TABLE 75 Mexico Precision Fermentation Ingredients Market, By Food & Beverages Type, 2019 - 2022, USD Million
TABLE 76 Mexico Precision Fermentation Ingredients Market, By Food & Beverages Type, 2023 - 2030, USD Million
TABLE 77 Rest of North America Precision Fermentation Ingredients Market, 2019 - 2022, USD Million
TABLE 78 Rest of North America Precision Fermentation Ingredients Market, 2023 - 2030, USD Million
TABLE 79 Rest of North America Precision Fermentation Ingredients Market, By Ingredients, 2019 - 2022, USD Million
TABLE 80 Rest of North America Precision Fermentation Ingredients Market, By Ingredients, 2023 - 2030, USD Million
TABLE 81 Rest of North America Precision Fermentation Ingredients Market, By Microbe, 2019 - 2022, USD Million
TABLE 82 Rest of North America Precision Fermentation Ingredients Market, By Microbe, 2023 - 2030, USD Million
TABLE 83 Rest of North America Precision Fermentation Ingredients Market, By End Use, 2019 - 2022, USD Million
TABLE 84 Rest of North America Precision Fermentation Ingredients Market, By End Use, 2023 - 2030, USD Million
TABLE 85 Rest of North America Precision Fermentation Ingredients Market, By Food & Beverages Type, 2019 - 2022, USD Million
TABLE 86 Rest of North America Precision Fermentation Ingredients Market, By Food & Beverages Type, 2023 - 2030, USD Million
TABLE 87 Key Information – Geltor, Inc.
TABLE 88 Key Information – Motif FoodWorks, Inc.
TABLE 89 Key Information – Shiru, Inc.
TABLE 90 Key Information – IMpossible Foods, Inc.
TABLE 91 Key Information – Perfect Day, Inc.
TABLE 92 Key Information – The Every Company
TABLE 93 Key Information – Imagindairy Ltd.
TABLE 94 Key Information – New Culture Inc.
TABLE 95 Key Information – Eden Brew Pty Ltd
TABLE 96 Key Information – Helaina Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Precision Fermentation Ingredients Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Precision Fermentation Ingredients Market
FIG 4 Porter’s Five Forces Analysis – Precision Fermentation Ingredients Market
FIG 5 North America Precision Fermentation Ingredients Market share, By Ingredients, 2022
FIG 6 North America Precision Fermentation Ingredients Market share, By Ingredients, 2030
FIG 7 North America Precision Fermentation Ingredients Market, By Ingredients, 2019 - 2030, USD Million
FIG 8 North America Precision Fermentation Ingredients Market share, By Microbe, 2022
FIG 9 North America Precision Fermentation Ingredients Market share, By Microbe, 2030
FIG 10 North America Precision Fermentation Ingredients Market, By Microbe, 2019 - 2030, USD Million
FIG 11 North America Precision Fermentation Ingredients Market share, By End Use, 2022
FIG 12 North America Precision Fermentation Ingredients Market share, By End Use, 2030
FIG 13 North America Precision Fermentation Ingredients Market, By End Use, 2019 - 2030, USD Million
FIG 14 North America Precision Fermentation Ingredients Market share, By Country, 2022
FIG 15 North America Precision Fermentation Ingredients Market share, By Country, 2030
FIG 16 North America Precision Fermentation Ingredients Market, By Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: Geltor, Inc.
FIG 18 Swot Analysis: Motif FoodWorks, Inc.
FIG 19 Recent strategies and developments: Shiru, Inc.
FIG 20 Swot Analysis: Shiru, Inc.
FIG 21 Swot Analysis: Impossible Foods, Inc.
FIG 22 Swot Analysis: Perfect Day, Inc.
FIG 23 Swot Analysis: The Every Company
FIG 24 Swot Analysis: Imagindairy Ltd.
FIG 25 Swot Analysis: New Culture Inc.
FIG 26 Swot Analysis: Eden Brew Pty Ltd
FIG 27 Swot Analysis: Helaina Inc.