The global fermenters market is expected to reach USD 3.11 billion by 2030, at a CAGR of 7.85% from 2022 to 2030. The rising consumer awareness about the health benefits of fermented food and beverages would drive the fermenters’ market growth. The increase in infectious diseases has increased the demand for antibiotics, anti-viral drugs, medical devices, and diagnostic kits, which will drive the demand for fermenters in the healthcare industry. The increasing disposable income of individuals has increased the demand for personal care products which will also aid market growth as fermenters find extensive applications in the personal care industry. Product innovations for applying fermenters in personal care, preventive healthcare, and general well-being will contribute to the development of the market.

Market Overview:

Fermentation is an organic process wherein organic substances undergo chemical changes by enzymes' action. Bacteria, yeast, and fungi are some microorganisms that break down organic substances. Based on end-product fermentation can be classified into lactic acid fermentation, acetic acid fermentation, alcohol fermentation, and butyric acid fermentation. Fermentation is used to produce yogurt, alcoholic beverages, alcoholic biofuels, bread, and other bakery products. Fermenters are machinery or equipment that offer the right conditions for the growth of microorganisms that aid in fermentation. Fluidized bed bioreactor, loop or air life bioreactor, membrane bioreactor, and pulsed column bioreactor are some popular examples of fermenters. Fermenters are used in the food industry to produce fermented products like apple cider vinegar, kimchi, yogurt, miso, sourdough bread, and sauerkraut. It is used in the beverage industry to produce beers, wine, whiskey, gin, vodka, and kombucha. Medical devices, antibiotics, and other drugs are produced with fermenters in the healthcare industry. Similarly, fermenters find applications in the cosmetics industry wherein herbs and other organic materials are processed to make masks and serums. Fermenters can be customized according to the needs of consumers by using advanced technology like sensors and actuators, which will propel the market's growth during the forecast period.

Get an overview of this study by requesting a free sample

Market Dynamics:

Drivers:

• Rising consumption of fermented foods 

With the rise in cases of obesity, digestive issues, and gut ailments, there is a need to adopt a healthy lifestyle. The rising demand for a healthy lifestyle combined with the increase in disposable income of the population has shifted consumer preferences towards fermented products such as probiotic yogurt, kombucha, kefir, kimchi, miso, and natto, among others. These products go through natural breakdown processes which have nutritional and health benefits.

• Increasing demand for alcoholic beverages

The growing popularity of wine in developing countries will drive the demand for fermenters in developing regions. The increasing young population and rising disposable income are also driving the demand for beverages globally. The rising demand for alcoholic beverages like wine, whiskey, and beer would drive the global fermenters market, as these products result from fermentation.

Restraints:

• High cost of fermenters

The high cost of fermenters will hamper the growth of the market. Large-scale production processes involving fermentation employ large fermenters that have high-initial set-up costs. Furthermore, they are exposed to heat, humidity, moisture, and other conditions in the production process, which lead to regular cleaning and sterilization of the equipment. The regular maintenance of large machinery leads to a high cost of maintenance. Fermenter manufacturers are deploying stainless steel to produce fermenting machinery, which is costly and does not find any takers/consumers in the micro and small market players, thereby restricting the market's growth.

Opportunities:

• Growing application of fermentation

With increased research and development, fermenters are now being used extensively in the healthcare and personal care industries. They are used to produce antibiotics, anti-viral drugs, medical devices, and diagnostic kits in the healthcare industry. They are used to produce serums, moisturizers, and masks in the personal care industry. The product innovations have been promising, and the scope of application has widened due to the same. The rising demand for probiotics and dietary supplements is another positive development for the fermenters market as they are utilized to produce both products.

Challenges:

• Stringent government regulations

The international community is witnessing the rise of the fermenters market. Institutions worldwide believe this market needs to be brought under the ambit of regulations to protect buyers' interests as they are used in critical sectors such as food, beverages, healthcare, and personal care. The stringent government regulations are acting as a hurdle to innovations as well. On the other hand, the lack of regulations in some markets can impede the industry's growth.

Segmentation Analysis:

The global fermenters market has been segmented based on microorganism type, application, process type, mode of operation, and region.

• The microorganism type segment is divided into fungi and bacteria. The bacteria segment dominated the market with a revenue share of around 55% in 2021. Bacteria is a prokaryotic unicellular living organism among the first forms of life to appear on earth. Bacteria are found in every environment: soil, water, animal bodies, and other organic matter. Bacteria can be harmful. However, it is most useful and finds application in industrial and medicinal processes. Bacterial fermentation is an anaerobic process. Bacterial fermentation is used in the food & beverages industry in pickles, bread, wine, beer, and alcohol. It is used for tanning leather, curing tea, producing biopolymer, wastewater treatment, and fuel production, among other applications. The availability of bacteria, combined with its several industrial and commercial applications, drives the growth of the segment in the fermenters market.
• The application segment is divided into food, beverage, healthcare, personal care, and others. Over the forecast period, the healthcare segment is expected to the fastest at a CAGR of 12.37%. Fermentation in medicine and healthcare is used to produce antibiotics, diagnostic kits, medical devices, drug delivery vehicles, and anti-viral drugs. It is also used for the production of therapeutic recombinant proteins and DNA, and monoclonal antibodies. The COVID-19 pandemic has increased the demand for diagnostic kits and medical devices. With the rise of viruses, diseases, and illnesses, the demand for antibiotics, anti-viral drugs, diagnostics kits, and medical devices will increase, thereby driving the segment's growth. The increase in healthcare expenditure due to the COVID-19 pandemic will also contribute to the segment's growth. Product innovations, research, and development will also propel the market's growth with the discovery of new applications of fermenters in the healthcare industry.
• The process type segment is divided into fed-batch, batch, and continuous. The fed-batch segment dominated the market with a revenue share of around 44% in 2021. Fed-batch is an intermediate process with the characteristics of both batch and continuous processes. Fed-batch culture or process allows better control and more flexibility. The fed-batch process has a low operation cost, thereby cutting manufacturers' costs. It also enables maximum production with an effective yield ratio. The fed-batch process is used to produce antibiotics and baker's yeast. The low production cost and other multiple benefits, and increasing demand for antibiotics such as penicillin drive the segment's growth.
• The mode of operation segment is divided into automatic and semi-automatic. The automatic segment dominated the market with a revenue share of around 65% in 2021. The automatic mode of operation allows manufacturers to process large quantities at faster rates. The automatic operation enables commercial-scale production without compromising quality. It also optimizes resource utilization, thereby increasing manufacturers' profit margins. The automatic mode of operation is ideal for application in medium to large-scale industries in the food, beverages, healthcare, and cosmetics sector.

Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North American region emerged as the largest market for the global fermenters market, with a 38.35% market revenue share in 2021.

• North America currently dominates the fermenters market due to the already established and mature fermenters market in the region. The high per capita income of the population is driving the demand for food, beverages, and personal care products in the region, thereby contributing to the growth of the fermenters market. The increasing lifestyle and chronic diseases/conditions encourage people towards preventive healthcare such as dietary supplements, which will drive the demand for fermenters in the healthcare sector. The COVID-19 pandemic has propelled the growth of fermenters in the healthcare sector due to the increased production of antibiotics, anti-viral drugs, medical devices, and diagnostic kits. The presence of significant market players in the region is driving the research, development, and innovation in the regional fermenters market. The Asia Pacific is expected to grow the fastest during the forecast period, given the large customer base of the region driven by the large populations of China and India. The rise in disposable income of consumers has led to rising demand for the region's food, beverages, and personal care market. The thriving pharmaceutical sector is using new fermentation technology, thereby contributing to the development of the regional market.

Check the geographical analysis of this market by requesting a free sample

Competitive Analysis:

The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global fermenters industry.

The acquisition of Endel Engie by Pierre Guerin SAS in June 2019 enabled the company to offer its best technological solutions for its bio-industrial operations, benefiting Pierre Guerin's clients.

List of Key Market Players:

• Applikon Biotechnology BV
• BBI-Biotech GmbH
• Bioengineering AG
• CerCell ApS
• Electrolab Biotech Ltd.
• Eppendorf AG
• Pierre Guerin SAS
• Sartorius AG
• Thermos Fisher Scientific
• Zeta Holding GmbH

Key Target Audience

• Market Players
• Investors
• End-Users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Third-party knowledge providers
• Value-Added Resellers (VARs)

Report Description:

• Global Fermenters Market, Industry Analysis, Trends, Analysis and Forecast, 2022 to 2030 is a forthcoming/imminent research report which is to be published by The Brainy Insights.
• 2021 is considered the base year of the report. 2019 and 2020 are considered as the historic years and 2022 to 2030 are the forecast years. The global fermenters market is based on revenue (USD Billion). The report incorporates the market study based on revenue. The study covers the market share revenue/market share/volume for each of the segments, regions and countries catering to global fermenters market. The regions analyzed for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
• The report encompasses with the relative data & information, which have been validated by the leading industry professionals and experts across the globe. The research report also delivers an outline of the attractiveness of fermenters based on microorganism type, application, process type, mode of operation, and regions which are deduced and formulated based on their growth rate (CAGR), market size, and attractiveness by analyzing the present and prospects to fathom market growth and development in future.
• The report illustrates the detailed (both quantitative and qualitative) analysis of historical data, revenues, key developments, along with the crucial strategies adopted by key organizations catering to global fermenters market. This offers vital and in-depth insights to depict the overall market scenario.
• The report offers the detailed study for the company profiles of key organizations operating in the global fermenters market and a comparative assessment based on their product offering, business overviews, geographic presence, business strategies, segment market share, product development & innovations, recent developments, joint venture, partnerships, mergers & acquisitions, strategic alliances, SWOT analysis, and key financial information. This helps in evaluating the overall competition present in the market scenario.
• The report provides an elaborative assessment of the porter's five forces analysis coupled with SWOT analysis to provide business related data and information. Porter's five forces model is analyzed to understand the overall competitive scenario that is prevailing in the market. Additionally, the SWOT analysis identifies both the positive and negative attributes of the market development which influences the company's growth and development to sustain and survive in the long run.
• Along with that, the report also focuses on the market related driving factors, growth limitations (restraints), potential industry opportunities, significant trends and development which act as a key potential for the investors.
• Potential growth prospects along with the penetration rate analysis of the product (market related, i.e., global fermenters market) is covered to comprehend the adoption rate and evaluate the market size.