Fermenters Market Size, Share, Growth and Industry Analysis by Type (Semi-Automatic, And Automatic) By Application (Food, Beverages, And Healthcare & Cosmetics), Regional Insights, and Forecast to 2031

Fermenters Market Report Overview

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The global fermenters market size is anticipated to be worth USD 1425.3 million in 2022 and is projected to touch USD 2131.53 million by 2031 with a CAGR of 4.6% during the forecast period.

Fermenters are primarily vessels that are used for the process of culturing bacteria on a very large scale. Fermenters have ideal conditions for microbial development. It also has a sealed and sterilized vessel. Fermenters are used in many industries. They have a global demand due to their application.

A lot of innovations have been observed in the market. All these developments have driven the market growth. Microbial fermenters are the new trend in the market. These fermenters have many advantages over the normal ones.

Many factors have contributed in propelling the growth of the market. Due to the tremendous health benefits of fermented food, their consumption especially in developed countries has increased. Fermentation is also one kind of food preservation method that is used very often. These factors have played a very important role in the global fermenters market growth.

COVID-19 impact:  Decrease in the Usage of Dairy Products During the pandemic Reduced the Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the rydapt market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The pandemic of COVID-19 negatively affected all the economies as well as all the industries throughout the world. The fermenters market also saw a decline during the pandemic due to various reasons. Fermenters are mainly used in the preparation of dairy products such as curd, and cheese.

During the pandemic people were completely restricted from moving out of their homes. The social distancing norms made it difficult for people to go out and shop for groceries. Even though the consumption of dairy products did not stop, there was definitely a significant decrease. This in turn affected the global fermenters market share.

LATEST TRENDS

"Advanced Microbial Fermenters to Increase the Market Growth"

Microbial fermenters are the new trend in the market. These fermenters have many advantages over the normal ones. They have many features that drive the market growth. These fermenters follow standardized procedures and have an ergonomic design.

They also have an easy-to-access frame. The process is completely customizable and controllable. Additional functions are also prepared with many advanced add-ons. All of these features of the advanced microbial fermenters have increased its demand globally.

Fermenters Market Segmentation

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• By Type

The market can be divided on the basis of type into the following segments.

Semi-automatic, and Automatic.  The Semi-automatic segment is expected to lead the market during the forecast period.

• By Application

Classification based on application is as follows:

Food,   beverages, and healthcare & cosmetics. The food segment is the segment that is expected to lead the market during the forecast period.

DRIVING FACTORS

"Increasing Demand for Fermented Food Products to Increase Market Growth"

Fermented food products are considered to be very healthy. They provide many health benefits. Due to the tremendous health benefits of fermented food, their consumption especially in developed countries has increased. Fermented foods have health benefits such as anti-oxidants, anti-fungal, anti-microbial, anti- inflammatory, and many more.

Also, the growing popularity for fermented drinks and beverages like beers, and wines has helped in the growth of the fermenters market as these fermenters are used in the preparation of these beverages. The reports provided by brewer’s association, and the US Alcohol and Tobacco Tax and Trade Bureau have shown a rise in the sale of fermented drinks such as beer and wine over the years. This has positively affected the fermenters market.

"Rising Awareness Regarding Food Preservation to Amplify Market Growth"

Food preservation is very important in order to keep the food items fresh. There are many types of food preservation techniques. Fermentation is also one kind of food preservation method that is used very often. It is preferred over the methods because of the health benefits bestowed by it.

Many beverages such as mead, dairy Kefir, kombucha, water kefir, and kvass are preserved using the method of fermentation. The acids that are produced by micro-organisms help in preserving the food as well as the beverages. The important acids produced by these micro-organisms include lactic acid and acetic acid. These acids are bio preservatives and thus help in effectively preserving food items. Fermenters are required to carry out fermentation in order to preserve food. This has helped in the global fermenters market growth. 

RESTRAINING FACTOR

"Expensiveness of Fermenters to Affect the Market Growth"

Fermenters provide food products with several food benefits and also help in the process of preserving food items. However, these fermenters are very costly and cannot be afforded by everyone. They are mainly used in industries. Apart from being costly they are also at the risk of getting contaminated.

Large-scale and commercial biopharmaceutical fermenters are always at the risk of getting contaminated. The contamination can occur in large industries where fermentation is taking place in a large scale. In order to prevent any kind of contamination sterilize-in-pace and clean-in-place systems must be incorporated.  These systems are made up of stainless-steel material and can result in high cost during their installation. These are the factors restraining the market growth.

Fermenters Market Regional Insights

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"North America to Dominate the Market During the Forecast Period"

North America is expected to dominate the market during the research period. Many reasons have helped in the growth of the market in the North America. One of the major reasons is the expanding dairy market in North America. The organic dairy market in North America is experiencing a rapid growth. Fermenters are used in large scale in dairy market. This propelled the growth of the fermenters market in North America. The growing awareness of health benefits provided by fermented foods in this region has created lucrative opportunities for the market in North America.

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

LIST OF TOP FERMENTERS COMPANIES

• Eppendorf (Germany)
• Sartorius (Germany)
• Thermo Fisher Scientific (U.S.)
• Pierre Guerin (France)
• CerCell ApS (Denmark)
• Electrolab Biotech (U.K.)
• Applikon Biotechnology (Netherlands)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. FAQs have also been given to outline the report.