The Precision Fermentation Ingredients Market is Predict to reach $35.1 Billion by 2030, at a CAGR of 43.9%

30-Sep-2023 | Report Format: Electronic (PDF)

Precision Fermentation Ingredients Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Precision Fermentation Ingredients Market size is expected to reach $35.1 billion by 2030, rising at a market growth of 43.9% CAGR during the forecast period.

The Whey & Casein Protein segment is registering a CAGR of 43.4% during (2023 - 2030). This is due to the popularity of whey protein as a dietary supplement among athletes, fitness enthusiasts, and others seeking to enhance their health and fitness. It boosts muscle growth and repair as it is an abundant source of essential amino acids. Precision fermentation ingredients enable the production of high-quality whey protein more sustainably and cost-effectively than conventional methods, thereby increasing market demand for precision fermentation ingredients.

The Yeast segment is leading the Global Precision Fermentation Ingredients Market, By Microbe in 2022; thereby, achieving a market value of $13.7 billion by 2030. Yeast, particularly Saccharomyces cerevisiae, is commonly used in precision fermentation due to its well-characterized genetics and ability to produce a wide range of compounds. The versatility of yeast as a microbial host makes it a valuable tool in biotechnology for producing a wide range of compounds efficiently and sustainably.

The Food & Beverages segment is exhibiting a CAGR of 43.5 % during the forecast period. Fermented foods and beverages have several favorable health effects, including enhanced digestive health, higher immunity, and greater nutritional availability. There are fermented substances in various foods and beverages, including beer, bread, yogurt, and cheese. Mainly, fermented amino acids are widely used in food products, and different amino acids give distinct flavors to the foods that contain them.

The North America region dominated the Global Precision Fermentation Ingredients Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13.2 billion by 2030. The Europe region is anticipated to grow at a CAGR of 43.6% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 44.9% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/precision-fermentation-ingredients-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Precision Fermentation Ingredients Market Segmentation

By Ingredients

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

By Microbe

  • Yeast
  • Fungi
  • Bacteria
  • Algae

By End Use

  • Food & Beverages
    • Dairy Alternatives
    • Meat & Seafood
    • Egg Alternatives
    • Others
  • Pharmaceutical
  • Cosmetics & Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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.

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