Fermenters Market trends shows 8.4% CAGR to 2023

“The fermenters market is projected to grow at a CAGR of 8.4%.”

The fermenters market is estimated at USD 1.13 billion in 2018 and is projected to grow at a CAGR of 8.4%, to reach USD 1.69 billion by 2023. The market is driven by factors such as increased consumption of fermented beverages in developed economies, change in consumer perception of fermentation with regard to health claims, and growth in awareness about food preservation. However, the increasing cost of fermenters is the major restricting factor for the global fermenters market.

 

Request a Free Sample copy of This Premium Research Report:  https://watchersofmarkets.com/products/fermenters-market-by-application-food-beverage-and-healthcare-cosmetics-microorganism-bacteria-and-fungi-process-batch-fed-batch-and-continuous-mode-of-operation-semi-automatic-and-automatic-and-region-global-forecast-to-2023#tab-questions

 

“The stainless steel segment is projected to grow at the highest CAGR during the forecast period.”

Based on the material used for the fermenter’s build, the stainless steel segment is projected to grow at the highest CAGR during the forecast period. Commercial fermentation equipment manufacturers are producing stainless steel fermenters that allow the microbial culture to be stored during the brewing process in the same vessel. Furthermore, commercial stainless steel conical fermenters have the advantage of being reused, have increased durability, and are sanitized easily. In developed economies such as Europe and North America, stainless steel fermenters are widely preferred to meet economies of scale.

 

“By process, the fed-batch segment is estimated to grow at the highest CAGR in the global fermenters market between 2018 and 2023.”

Based on the process, the fermenters market has been segmented into batch, fed-batch, and continuous. The fed-batch segment is estimated to dominate the fermenters market in 2018. Fed-batch fermenters are widely used for the production of microbial cultures used in the preparation of amylase and vinegar. They are also used in mammalian cell culture systems wherein the product yield is at a higher amount with a low level of substrate concentration, which is used in the production of recombinant proteins, antibiotic drugs, and baker’s yeast.

 

“Asia Pacific is projected to be the fastest-growing region in the fermenters market, due to the increasing demand for fermented foods and beverages in the region.”

Asia Pacific is projected to be the fastest-growing region in the global fermenters market. The major countries with growth potential in this market include China, India, Japan, and Australia. The growing middle-class population, high spending behavior, and increased demand for healthy fermented food & beverage products with natural ingredients drive the growth of the fermenters market in the region. The beverages segment is expected to witness growth in the region on account of the increasing affordability on the part of consumers.

 

Read More about this report: https://watchersofmarkets.com/products/fermenters-market-by-application-food-beverage-and-healthcare-cosmetics-microorganism-bacteria-and-fungi-process-batch-fed-batch-and-continuous-mode-of-operation-semi-automatic-and-automatic-and-region-global-forecast-to-2023

 

The global fermenters market is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia Pacific, South America and the Rest of the World (RoW).

 

Break-up of Primaries

 By Company Type: Tier 1 – 35%, Tier 2 – 25%, and Tier 3 – 40%

 By Designation: C-level – 30%, D-level – 25%, and Others* – 45%

 By Region: North America – 25%, Europe – 23%, Asia Pacific – 38%, South America – 11%, and RoW – 3% *Others include sales managers, marketing managers, and product managers.

 

Leading players profiled in this report

  • Eppendorf (Germany)
  • Sartorius (Germany)
  • Thermo Fisher Scientific (US)
  • Pierre Guerin (France)
  • CerCell ApS (Denmark)
  • Electrolab Biotech (UK)
  • Applikon Biotechnology (Netherlands)
  • GEA Group (Germany)
  • General Electric (US)
  • Bioengineering AG (Switzerland)
  • Zeta Holding (Austria)
  • bbi-biotech (Germany)

 

Related Report:

Global Bioreactors and Fermenters Market Analysis 2012-2017 and Forecast 2018-2023

Bioreactors and fermenters are used for creating proper environment for the growth of microorganisms or driving biochemically active substances derived from such organisms. Fermenters are basically utilized for the growth and maintenance of a population of bacterial or fungal cells in a controlled mode. Bioreactors, the large sized fermenters, are widely used in biopharmaceutical industry for the production of biologics such as monoclonal antibodies, recombinant proteins, and vaccines at a large scale.Bioreactors and Fermenters classified by type (Single-use Bioreactors and Multiple-use Bioreactors), by application (Biopharmaceutical Companies, CROs, Academic and Research Institutes).

The global Bioreactors and Fermenters market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Bioreactors and Fermenters by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Read More: https://watchersofmarkets.com/products/global-bioreactors-and-fermenters-market-analysis-2012-2017-and-forecast-2018-2023

About Us:

We are a leading market research store (headquartered in The Hague, Netherlands) bringing to you market research insights, analysis and data from many market research publishers around the globe.

Our experienced market research consultants understand a client’s research requirements in precise manner and get as many proposals around the globe as possible on the table suiting your budget and mapping your research goals.

Our only motivation is to provide clients with precise insights into their respective niche markets and offering them the most comprehensive portfolio of business information products.

 

Contact:

Watchers of Markets

Henriëtte van der Meydreef 144,2492 JG, Den Haag, Netherlands.

Website: https://watchersofmarkets.com/

Phone number: +31- 85 888 111 6

Email Id : [email protected]

Posted by on Saturday August 11 2018, 5:15 AM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Machinery & Parts, Manufacturing, Manufacturing & Construction, Metallurgical, Metals & Minerals, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks are open. Follow responses: RSS 2.0

Leave a Reply

News Categories

Featured Press Releases

Log in