“The global fermenters market was valued at $1,135.5 million in 2017, and is projected to reach $1,781.3 million by 2025, growing at a CAGR of 5.7% from 2018 to 2025”
Fermenters are complex vessels designed to maintain optimum environmental conditions for the growth of microorganisms. Fermenters are cylinder-shaped containers in which biological processes are carried out under a controlled environment. They are designed to bear high pressure and temperature conditions mediated by the fermentation medium. Furthermore, they are available in different shapes and sizes ranging from a few milliliters to thousands of liters. They are used in a variety of end-use industries from food to pharmaceuticals, from cosmetics and personal care to biofuels.
The key factors that drive the growth of the global fermenters market include an increase in technological innovations and a rise in demand for fermenters in the pharmaceutical and alcohol industries. Moreover, customized solutions according to specific requirements and designs have created new opportunities for the market growth. However, factors such as high price of fermenters and difficulty in optimization and integration of large-scale fermenters are expected to impede the overall market growth. Furthermore, novel innovations for fermenters such as automation, miniaturization, and customization have gained huge traction in recent years, which in turn are anticipated to create lucrative opportunities for market growth in the future.
The global fermenters industry is segmented into the process, application, mode of operation, and region. Based on the process, the market is divided into batch fermentation, continuous fermentation, and others. The applications covered in the study include food, beverage, healthcare & personal care, and others. Depending on mode of operation, the market is bifurcated into semi-automatic and automatic. Region-wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Spain, Italy, and Rest of Europe ), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific ), and LAMEA (Latin America, Middle East, and Africa )
Key players profiled in the report include Eppendorf AG, Sartorius AG, Thermo Fisher Scientific Inc., GEA Group Aktiengesellschaft, General Electric Company, PIERRE GUERIN SAS, CerCell ApS, Electrolab Biotech Ltd, Applikon Biotechnology BV, Bioengineering AG, ZETA Holding GmbH, and BBI-Biotech GmbH
KEY BENEFITS FOR STAKEHOLDERS
• The report provides an extensive analysis of the current and emerging market trends and opportunities in the global fermenters market.
• The report provides a detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
• A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
• An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
KEY MARKET SEGMENTS
• Batch Fermentation
• Continuous Fermentation
• Healthcare & Personal Care
By Mode of Operation
• North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o Latin America
o Middle East
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